All of my income is from my own software businesses. I used to try to do this with Ruby, and there were lots of problems. Now I do it with Haskell, and there are fewer problems. This ended up being a very good business decision for me.
What is the return on investment for me as a businessman on bothering to "do anything properly" when the resulting product is both cheaper to write and is more stable if I just use a better tool? What do I actually gain? Some kind of nerd-honour?
Safety aside, I find going back to “guess the source of the meta magical pattern-named method” intolerable these days. Onboarding to, taking over, or pinch-hitting in a Rails codebase is miserable unless it’s tiny and perfectly maintained by developers with excellent judgement and taste—and of course this is almost never the case.
I think that's really the answer. We all mess up and using tools that make it easy to mess up is a problem... It will happen and it can happen in very bizarre ways.
An underserved market exists on its own. If I find 100 customers willing to pay X for a service that no one is offering, I do not need that 100 number to grow. I just need to make that existing base profitable.
Second, garbage buildings as collateral combined with a personal guarantee is the least uncommon thing in real estate investment you’ll find.
Researching deeper, I found Ensley was originally built as an industrial town for a massive US Steel plant. that plant is now gone. If the jobs are gone, its a tough proposition to invest in the neighborhood.
There are plenty of boom/bust towns in the US where investment has netted benefits. This entrepreneur isn't trying to turn everything in the town around, nor would that be a requirement of any investment.
You can’t know Birmingham just from Google Maps. That’s a so-called opportunity zone...I thought this sort of development is exactly what is encouraged in those areas?
When he says “historic”, the bank thinks “decrepit.” Unless they building is the Empire State Building, age hurts value.
Seriously, the fact that he had the cash to buy the buildings but needs a line of credit against them to develop them tells me that the value of the buildings was quite low to begin with.
> But they're not aware that the filter is just anxiety.
Could this be deliberate? As working with people with anxiety problems is often a pain in the ass as they won't report problems for fear of seeming stupid or ask for help.
Confident people are far easier to work on a team with.
Notably, looking up graphs of GDP per capita of France and the UK and putting them next to each other, I'd challenge anyone to see when the change happened.
One thing that comparing GDP per capita growth tends to show is that global and regional overall development totally swamps even seemingly large changes like the 35 hour week.
What the change also tends to gloss over is that the number of hours worked per worker in France is not particularly low. According to OECD, for 2019 it stood at 1505 vs. 1538 for the UK or 1386 for Germany. The reduction in France, to the extent it changed anything, may have distributed work a bit more but it did not suddenly drastically reduce the hours worked.
The average number of hours worked per worker dropped somewhat over the few years after the reform, but it dropped across all the major OECD countries, and by similar rates.
I appreciate the correction, but frankly this isn't what I hoped people would take away from my comment. My point was that race/gender/appearance plays a large role in gaining access to normally stratified resources
