prokes

“Insanity is relative. It depends on who has who locked in what cage.” ― Ray Bradbury

“Democracy is two wolves and a lamb voting on what they are going to have for lunch."

― Benjamin Franklin

The new function behaves very similar to =SUMIF(), with two additional optional parameters for how to search and match.

Easier to understand and solves some issues with =VLOOKUP().

Nice! Couple of ideas:

1) install basic advertising via AdSense. 4.5mm visitors will monetize

2) affiliate link to a useful, paid product that your users could also use. If they click through the link and buy, you are paid a commission.

3) limit the # of API requests. Charge $X/mo for more than Y requests. Offer an unlimited plan for a higher price.

Reading this I was considering point #6 and shutting down the system. If the proper alerts had shown a system improperly taking on massive positions, and the related risk in dollar terms, wouldn't shutting down be a better route than bankruptcy? In retrospect, would (could?) they have chosen that?

Of course, violating those SLA's could cause bankruptcy through client dissatisfaction but that seems less certain than bleeding out money.

Nice! Can you explain how your company makes money? Also, how did you fund the company's growth (did the partners invest capital or did you use the profit from operations, etc.?)

One thing to consider about consulting companies is they charge your time to the client by the hour, hence they want you working as many billable hours as possible. This is measured through utilization and in my experience I had to account for every 15 minute block of my day. This became a burden and eventually quite stress inducing ("Why are you only at 70% utilization?"). On the other hand, full time work is more relaxed. It is goal oriented but not down to the minute.

On the plus side, you will generally be exposed to more and different types of work in consulting, so you may learn and grow faster. You can also expand your network through clients you meet who can help you down the road.

What's more: he concludes with "P.S. I am out again looking for new opportunities". So besides being excellent at putting his work in front of his target audience, he may go 2 for 2 on the job front.

I got bit by a few ticks and we would always light a match, blow it out, and apply the still hot match to the visible back end of the tick. Scares the little bugger and they pop right out.

I consult on Oracle ERP software who are attempting to transition customers from their legacy, on premise (EBS) system to their hosted / managed SaaS (Cloud) offering. Main issues are:

1) Lack of customization options - in Oracle's case, their Cloud offering is hardly customizable (no database access) compared to the on prem version. Thus, key functionality is lost which makes running a business difficult.

2) Cost - you basically need to re-implement your business, which is a $1MM+ affair and tons of time and risk and consultants and work for your team. Plus the Cloud solution isn't that much cheaper in the end.

3) Bugs - the Cloud software is new and still has many problems. Let someone else fight those.

I question the equities and real estate being independent from inflation bit: if interest rates are at 20%, imagine the interest cost of a mortgage! Prices have to come down to compensate.

"Chefs tested over ten types of crusts, fifteen types of sauces, and dozens of cheese. They mixed and matched different combinations to understand what flavors worked best together. In the end, they ended up with a completely new crust, sauce, and cheese recipes. The entire pizza was new."

Not to undermine the turnaround but they had terrible pizza for 40 years. I guess I'm just surprised they survived this long when the above could have been done in a long weekend. Perhaps the hard part was just deciding to do it and rolling it out, as the product was so well known.

Your label product is the best answer on this thread and ironically there are no comments. Knowing an industry, finding a need and building it is the ultimate passive income business. Don't know much about your market but I think you could increase prices to $0 / $20 / $75 per month.