Tweets

@hammer_mt You’re getting your “order of magnitudes” and statistical probabilities wrong.

It’s far more likely we slow climate change and keep the earth habitable than getting 8 billion people into space anytime soon.

@hammer_mt The math on finding a new home… doesn’t look good.

I want to see more billionaires follow @patrickc’s example and start actively investing in fighting climate change. https://twitter.com/patrickc/status/1397608897209270273

@hammer_mt We’re talking about costs and scale of a completely different magnitude.

Plus: the earth is on fire.

This is about priorities.

Again, space is cool!

But… the world is literally on fire (including, at the moment, my town in BC).

We need government leaders, business leaders, and citizens to act collectively to solve the climate emergency. https://twitter.com/mijustin/status/1251692255515009025

I’m not saying space isn’t cool.

But, if these billionaires truly cared about the future and technological progress, they’d invest in fighting climate change.

There’s no way we’re getting 8 billion people settled on Mars.

Right now, our most pressing need is to save earth. 🌎

@seb_sebsn @TheYelitsa It’s both: governments and businesses are responsible. https://twitter.com/mijustin/status/1251692255515009025

RT @TheYelitsa: Why is space exploration, something that 100% optional and not of any significant importance in comparison to the problems…

@sol_orwell I’m reading this right now too!

@Shpigford So many places! A few in British Columbia and Alberta:

1. Vancouver Island: Victoria is a beautiful city.
2. Vancouver city
3. Gulf Islands
4. The Okanagan (where I live): Vernon, Kelowna, Penticton
5. Banff / Lake Louise: touristy, but incredible! (Canmore is great too)

Good thread.

Spoiler: there’s no way billionaires will be able to make space habitable (for themselves, or anyone else) https://twitter.com/sim_kern/status/1411304994788331523

@iroughol What the hell. Sporting events that produce these types of mindless mobs should just canceled.

@dr Wow!

@iChris Yup.

Generally:
- closed the blinds so more sun doesn’t come in
- keep your central fan recirculating
- open the windows as soon as it gets into the 25C range (and keep them open overnight)

@wesgarrison YES

@KrisColvin The kids just love it. They can spend hours in the pool, every day.

And once they’re old enough to swim on their own, the parents can just sit and relax. 🙏

I find it the most relaxing.

@JonoCodes It is!

5 years ago we saved up and took the kids to Europe.

3 years ago we went to a big amusement park.

We’ve gone on hiking trips, and done lots of camping.

But consistently, our most enjoyable vacations are when we just find a place with a nice pool. 👍

@thejonotron Everyone else was in the deep end. 🤣

The beach can also be great.

The key is you really need to stay somewhere right on the water.

Being able to walk there from where you’re staying (and go home for lunch and naps) really helps.

A waterslide is a big bonus if you can get it.

@blbraner @derrickreimer @r00k @TheJackForge @JordanGal @mkennedy @brianokken @CasJam @petersuhm @KennethCassel For @meepsapp, @joshuaanderton and I use Notion.

@blbraner @derrickreimer @r00k @TheJackForge @JordanGal @mkennedy @brianokken @CasJam @petersuhm @KennethCassel At @TransistorFM we use @clubhouseio

Vacation hack for parents: just find a place with a pool.

It doesn’t need to far away. It doesn’t need to have fancy museums, or tourist attractions.

Just find a pool. Get the kids in the pool. And then sit on the side with a drink and relax. 🥂

@HighFiveRPG @gameplaypodcast @castopod @FollowFridayPod @MagnificentNoi1 @WWTLpodcast @MementosPodcast @Podnews @TransistorFM @buzzsprout @podsights Nice! How’s the quality of the Transistor sticker?

(I used @Printful on-demand for that for the first time)

@taragentile This is an interesting idea!

cc @derrickreimer

@EmmettNaughton Just DM’d you

RT @logicalicy: 4. 🛍 A good market is where (a) there's reach / many potential customers, (b) they have purchasing power, (c) high motivati…

@_jenniferopal @venikunche @charliprangley moved to the UK after getting a tech job, and describes her negotiation techniques here:

https://youtu.be/gemFRvhw4GA

@cassidoo Hahahaha. I love a joke that keeps people waiting!! A+

@ethangunderson That’s @DescriptApp!

More details here:
https://youtu.be/N41v30oLM2o

Loved this part:

@Netlify Great work @cassidoo, @philhawksworth, @sarah_edo, @kenny_io, @shortdiv, @Tzmanics and @bencodezen! 🙌

(Did I get everyone?😅)

I'm 60 seconds into this episode of @netlify's podcast and it's already made me chuckle, giggle, and lol.

https://share.transistor.fm/s/3399d3d3

@OnlyPetsHQ 🎉

@thisiskp_ @TransistorFM You’re welcome! Excited to have your show on Transistor! 🙌

@ComicsisPeople @MatthewBogart @HarperChildrens @Inkwellmgmt @AAoftheBK Congrats Matthew! We’ll deserved! 🙌

⭐️⭐️⭐️⭐️⭐️

@AndreyAzimov @csallen Nice! Next up in my podcast queue. 👍

@chrisfosterelli I constantly use Twitter search. 😄

@EmmettNaughton @NickSloggett Editing a new episode of http://podcast.megamaker.co right now!

@staceypacer @thisiskp_ This is the process I use:

1. Record and edit using @DescriptApp.
2. Upload the MP3 to @TransistorFM to publish the episode to the RSS feed, and distribute to Apple Podcasts, Spotify, etc.

https://youtu.be/N41v30oLM2o

@staceypacer @thisiskp_ @staceypacer KP's new podcast website is using the built-in template we offer at @TransistorFM. 👍

@FindJimClair Stripe is already in the business of making creators’ lives better (they make it easier to accept payments, incorporate an LLC/C-Corp, and get a commercial loan).

I could see someone like then, or @BankMercury, making it easier for founders to get mortgages.

@FindJimClair Stripe is used by hundreds of thousands of indie creators.

(And, they're already offering loans to Stripe customers)

You don't think there's a potential benefit to creators and small business owners here?

@thisiskp_ @anchor @TransistorFM I noticed you just signed up! (Just finished sending you an email. 😁)

Thanks so much. We really appreciate it. 🙌

Chatting with @VineetSinha building community, @meepsapp, and running a paid community (@megamaker) since 2013.

https://twitter.com/i/spaces/1RDGlPPneqNGL

@FindJimClair Sorry, how is Clickbank analogous to Stripe? 🤔

@amar_deepa Totally.

People are asking: "But, what if banks get stuck issuing bad mortgage loans like in 2008?"

This is different than 2008.

The idea is for banks to use MRR as collateral (the same way Stripe does currently when issuing their B2B loans).

https://twitter.com/TylerMKing/status/1371200407972745216

@DeSantangilo @jacobmparis This is different than 2008.

The idea is for banks to use MRR as collateral (the same way Stripe does currently when issuing their B2B loans).

https://twitter.com/TylerMKing/status/1371200407972745216

@ugmonk Yup, love the satisfaction of having a pile of stuff "done" at the end of the day. ✅

@Jeremy_Atkinson Yup! Love what @scdaustin is doing at @okcolab. 🙌

@tomjacquesson @AndyBlackJnr @DescriptApp I use it all the time for my podcast!

https://youtu.be/N41v30oLM2o

@tweetsbyejordan Yup. Super key.

I’ve long been an advocate for rethinking “remote work” (which people assume means working from home) as “flexible work” (work wherever, and however you’re happiest and the most productive). https://twitter.com/mijustin/status/395237537452548096

@tdeekens I’ve never seen it work personally (and I’ve been in situations where it’s been tried).

Also this: https://twitter.com/mijustin/status/1412804399278170113

The other unsung advantage of a good coworking community: you get exposed to more experiences and viewpoints.

I can watch how an engineering consultant does sales calls.

I can ask folks about salaries in other industries.

I can hear how bigger tech companies do software dev.

In a company, the boss generally curates who you work with and sets the tone for the work environment.

In our coworking place, members curate who joins, and we all set the tone.

Even compared to the best companies I’ve worked at, coworking feels decidedly more “free.”

I started working from home in 2012, but didn’t like being in a closed room, by myself, all day.

Too often, “remote” = WFH

For me, the key was to get out of the house, walk downtown, and hang out with folks at @CoWorkVernon.

I can WFH if I want, but most days I don’t.

My coworking community is a group of peers, all working for different companies, in different disciplines. The diversity is wonderful.

Plus: there is no power differential, no workplace drama, no politics, nobody looking over your shoulder.

It’s a freeing way to work. 🙏

For me, the ultimate work arrangement is:

100% remote while working at an amazing coworking office.

I get all the freedom of remote work, plus all of the social benefits of being in an office. 👍

@r00k @bsierakowski @jonbuda In a company, the boss generally curates who you work with, and sets the tone for the work environment.

In our coworking place, members curate who joins, and we all set the tone.

Even compared to the best companies I’ve worked at, coworking feels decidedly more “free.”

@ow Lookin’ 🔥

@bsierakowski @r00k For me, my coworking community (@CoWorkVernon) is a group of folks, all working for different companies, in different disciplines. The diversity is wonderful.

Plus: there is no power differential, no workplace drama, no politics. We’re all peers.

It’s a freeing way to work.

@r00k It definitely checks the “I want to work around folks I like” box. ✅

I’d love to work locally with @jonbuda too, but having a remote company has given us (and our two contractors) tons of personal freedom.

@taavet @kaarmann Wish I could invest!

@r00k For me the best has been:

“100% remote but I work at a coworking office with people I love.”

@graemeblake @RikNieu Isn’t the corporate tax rate is 9% (up to $500k in rev)?

Seems like a massive saving to keep your salary lower, and pay dividends for everything else.

@graemeblake @RikNieu For income tax purposes. Personal income tax is way higher than Corp taxes.

If I don’t need the money (personally) it makes more sense to keep it in the business (the business can invest the cash so it’s not just sitting there).

@adii Stripe already offers pretty big loans based purely on revenue data.

I think a quick expense check is fine. In Canada they generally check for:

- estimated property taxes
- estimated utilities
- car payments
- other loans

@elliscs @adamwathan Yes; to qualify for a higher amount + lower interest I went with a broker.

@ianhawes Yup. It’s inefficient and drives entrepreneurs to mortgage brokers who often point entrepreneurs to different lenders (so the traditional banks miss out on legitimate mortgage business).

@ianlandsman @tnorthcutt

@ianlandsman @tnorthcutt You said they were breaking the law (they’re not).

I’m not saying it’s the best way to do things (I advise folks start an LLC and have a biz account).

But I know MANY sole proprietors.

@ianlandsman @tnorthcutt “If you are a sole proprietor, you pay personal income tax on the net income generated by your business.”

Sole proprietors don’t have to pay themselves a “salary” (at least not in Canada).

https://www.canada.ca/en/revenue-agency/services/tax/businesses/small-businesses-self-employed-income/setting-your-business/sole-proprietorship.html

@ianlandsman “As a sole proprietor, you're not legally required to use a business checking account. This doesn't mean that a personal checking account is advisable for sole proprietors.”

https://www.fool.com/the-ascent/banks/articles/do-you-really-need-that-business-checking-account/

@jameswood12p 👋 @joshuaanderton and I are working on @meepsapp together.

https://www.producthunt.com/upcoming/meeps

@davorminchorov Warren Buffett called the 30-year mortgage one of "the best instruments in the world."

The ability to borrow that much money, at a fairly low rate, gives you way more leverage than paying it in cash (as long as you can afford the pay the payments).

@patio11 I've heard (at least in Canada?) it has more to do with the insurers, whom (I assume) care about risk?

Verified subscription revenue seems far more dependable than a paycheque.

Consistent MRR > Paystubs

@typeoneerror Niiice! 🙌

Love that feeling.

@justinjdean I’ve personally had offers from Stripe for $125k loans.

(And I’ve heard of them offering even bigger loans).

The creator economy is going to generate millions of sole-proprietors who have Stripe, Gumroad, Paddle revenue deposited directly into their personal bank accounts.

No paystubs.

What happens when all those folks start applying for mortgages?

@jacobmparis Yup. I’m just saying the banks/insurers should reassess how they think about risk. 😉

Verified subscription revenue (for an entrepreneur) is far more dependable than a paycheque.

Consistent MRR > Paystubs

@RichJDSmith Then the insurers should reassess how they think about risk. 😉

Verified subscription revenue (for an entrepreneur) is far more dependable than a paycheque.

Consistent MRR > Paystubs

@justinjdean https://twitter.com/mijustin/status/1412649205563215879

@runako https://twitter.com/mijustin/status/1412649205563215879

Folks in the comments who say: “Stripe is just revenue, the bank would need to see expenses.”

1. If you’re employed, banks generally only look at your income.

2. Stripe already offers loans based purely on revenue data.

3. The spirit of my tweet is: “this could be better.”

@RikNieu Usually more nuanced than that.

Sole-proprietors generally don’t have paystubs.

If you have a Corp, you want to keep as much money in the company (which usually means a smaller salary on paper). Also: dividends are often not counted as income by banks.

I bought a house 12 months ago. (My 4th mortgage)

Previously, all the banks wanted to see was paystubs.

Now that I’m a full time entrepreneur, I knew I’d need a good mortgage broker. He got us a great rate, but damn did they need a lot of paperwork.

They wanted ALL the PDFs.

@lisamahapatra @patio11 💯

@patio11 Yes: I was able to buy a year ago with a mortgage broker. 👍

But it blows my mind that banks (who say they want to reduce risk?) wouldn’t want every MRR-earning entrepreneur as mortgage customers.

Their risk algorithm seems completely out of touch. 😜

This could also be an opportunity for @immad and @BankMercury:

Just make it easier for entrepreneurs to get mortgages.

Automatically assess their eligibility based on the cashflow in their business account.

Send them an email: “You’ve been approved for an $800k mortgage.”

How long before banks realize that MRR is far better proof of income than someone’s old tax returns (or a W2 form).

When a founder applies for a mortgage, the only thing they should have to show the bank is Stripe Verified Revenue.

(Stripe should just provide mortgages for entrepreneurs)

@tylertringas 😂 love it

Update: I was finally able to invest in @tylertringas' @calmfund on @wefunder 🙌

(Invested $1,000)

https://wefunder.com/calmfund

@flowtoyourdream @CaseyAPayne @TransistorFM Beauty! Listening to your first episode now.

BTW - your audio quality is already 💯

@TheSantaDad @buzzsprout @TransistorFM @RSPowersAuthor Love Christmas in July! 🙌

Transistor is a great choice if you ever want to start multiple podcasts:

https://transistor.fm/features/host-multiple-podcasts-on-the-same-account/

@christina_p @meepsapp Yes! The idea is to combine these features in one place:

1. Registration + subscriptions
2. Website (https://megamaker.meeps.app/)
3. Email newsletter / articles (paid or public)
4. Member Directory
5. Events
6. Job board
7. Sponsors

Meeps will also link to Slack, Discord, etc.

@christina_p @meepsapp The nice thing is that Meeps automatically adds new members to the directory during the registration process.

1. Member fills out form
2. Adds bio + skills tags
3. Adds links
4. Decides if they want their profile public, members only, or private.