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Search results

  1. H

    Would you go to Harvard Business School For Free?

    HOT! MINDSET 
    Fair enough - but I do think it's probably by choice he's working in a lesser paying field. My old firm would probably hire a Harvard MBA and pay at least 150k, even if this person barely has a pulse. It's interesting I pulled up the Stanford MBA employment report. For 2020, 21% are starting...
  2. H

    Would you go to Harvard Business School For Free?

    HOT! MINDSET 
    I think a lot of you guys might not fully understand what MBAs are for. In general the curriculum is not difficult, it's not super time consuming, and it's primarily for the brand/connections/pay. I'd choose Stanford over Harvard though for entrepreneurship. There are 4 reasons why I'd do it...
  3. H

    Feeling Lost - How to move forward with this E-Commerce business

    EXECUTION 
    Perhaps not helpful advice, but I'm in the same boat and assume there are many others. Physical product that that loses money after paying for CPC. Even with the highest price on the market, and a decent conversation rate, CPC costs too much. I'm not sure the logistics of selling the product...
  4. H

    $30m business and I'm just a bitch

    HOT! INTRO 
    If you're in an expensive area like SF/NYC, 300k/year in income is not enough to be baller or retire that quickly. In terms of your equity, do you know if how much you will be diluted if you leave now? Do you have an opportunity at the next round of fundraising to offload your equity? Also, if...
  5. H

    Investment Manager - Does it make CENTS?

    If you have a genuinely good portfolio strategy and make great risk adjusted returns, you'll definitely succeed over time (remember you'll need a long multi-year track record for investors to trust you). However, you've made it seem that you buy a lot of index funds and spend just some time each...
  6. H

    Investment Manager - Does it make CENTS?

    In terms of bear markets or crazy markets, it's almost impossible to be unscathed even if you follow mathematically correct portfolio allocation. For example, gold is supposed to be negatively correlated with equities. However, in 2021 this correlation has not occurred. So it is going to be very...
  7. H

    Investment Manager - Does it make CENTS?

    It's not easy to get into this business without hard credentials. If you have very rich family and friends, it can work, but it'll basically be a handout. If you have genuinely good returns though, you can slowly grow your client base like Warren Buffet, but expect it to take 10-20 years before...
  8. H

    Mindset to have about dating while building a business ?

    HOT! MINDSET 
    Having a good partner will accelerate your business, but the converse is also true. If you've ever read Shoe Dog, by Phil Knight, you'll also find that his wife was a big component of his success. However, we also know how much of a distraction a bad relationship can be. My GF doesn't have...
  9. H

    First Mini Exit and Retirement on $500k. Possible?

    HOT! INVESTING 
    If you retire with barely enough in the bank, you might end up being more stressed, worrying about your investment principal and expenses. If there's a market reversal and your principal drops to 300k within a year, retirement won't be so fun. REITs are an interesting option, but if your whole...
  10. H

    Legality of supplements in a product in the USA? Specifically melatonin?

    The FDA has a lot of guidance online. You can also email them questions - I've done so in the past and they do respond and are generally helpful. https://www.fda.gov/food/dietary-supplements Melatonin should be fine, but you should make sure the manufacturing facility is FDA registered and...
  11. H

    Virus Mania: How the Medical Industry Continually Invents Epidemics, Making Billion-Dollar Profits At Our Expense

    Well, at least for C0VlD-19, I can tell you first hand, it is a net negative for most pharma companies. You can look at the earnings and stock prices of big pharma as well. Because of lock-downs, social distancing, etc: Most clinical trials have gone on paused, delaying drug development...
  12. H

    Is city life about to change forever?

    HOT! OFF-TOPIC 
    I live in downtown Manhattan, around the financial district - a few things I've observered: Rental prices are significantly down in Manhattan. Nowhere close to 50% though, seems like 20-30% Rental prices are steady for family units in Brooklyn and Queens. Families deeply rooted in NYC are for...
  13. H

    Anyone Code to Automate Tasks for Clients?

    I work as a tech & management consultant, and my previous company spent a lot of time trying to sell automation. A few thoughts from what I've seen: There's a lot of red tape surrounding tech use at most big companies. One F500 bank I worked with needed management sign-off if you even want...
  14. H

    Giving up "awesome" career opportunities.

    OFF-TOPIC 
    Usually the salary is only one part of the compensation equation. If it is double the salary, it will end up paying 2.5-3X once you factor in equity. However, there's certainly no need to upgrade your job. I'm making great money for my age. I could make even more if I switch from working 40-50...
  15. H

    Opinion: Skipping college is not going to make you fastlane

    HOT! 
    I share many of the same sentiments that you do. 1) If you're exceptionally talented, there's really no need to delay. However, I still believe waiting until a few more years are under your belt can be critical, depending on what you want to start and where you stand with your current emotional...
  16. H

    Opinion: Skipping college is not going to make you fastlane

    HOT! 
    Personally, I found this research study quite insightful: https://www.kellogg.northwestern.edu/faculty/jones-ben/htm/Age and High Growth Entrepreneurship.pdf TLDR; Majority of top 1% high growth business/start-up founders come from people with high end careers/high earning careers prior to...
  17. H

    MASKS: To Wear or Not to Wear? You decide!

    HEALTH 
    I'm sorry. But that is not true. At this point there are a decent number of human studies. All free for access at PubMed. You can go to PubMed, search "C0VlD-19 Mask", and you'll find many results. To find more information than the abstract, you might need to search for the DOI, which will...
  18. H

    MASKS: To Wear or Not to Wear? You decide!

    HEALTH 
    I agree. I work on the business side of the medical space, with many colleagues who have MDs/PhDs. So while I'm no doctor, I've become pretty good at understanding and reading clinical studies. That's usually how I form my opinions. HOWEVER, even then it's pretty hard. Even if I had a...
  19. H

    I'm starting! Told all my friends and family

    HOT! INTRO 
    We do have some SEO or ads, but most business comes from outside our website. Non-website: Someone we've done work in the past refers us, requests more work Current work for a client extended or we look for opportunities to do more work for the client Personal connections - someone knows an...
  20. H

    I'm starting! Told all my friends and family

    HOT! INTRO 
    My employer is a management/tech consulting firm. Our website was horrible. Visually it was OK, but it was not even optimized for mobile and even worse, our services were so poorly listed, it was unclear what type of company we were. Our website mostly highlighted 1-2 areas of service, that...
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