Tweets

@willgdjones https://twitter.com/mijustin/status/1461451999799508993

In the tech world, "optimism" seems to be code for "let's just not think about the consequences, as long as it makes us money."

@cdixon What you see as "cynicism" could also be well-founded concerns that should be considered.

"Blind optimism" is foolish.

https://twitter.com/mijustin/status/1461447106468605956

This is like calling Harry Markopolos "cynical" for investigating Madoff.

"Why are you asking all these hard questions Harry? Why can't you be more of an optimist? Can't you see all this wealth that Madoff is creating?"

🙄

Crypto boosters labeling critics as "cynical losers" is an ad hominem play.

(put down the people with concerns; don't respond to their concerns directly)

It's possible to be an optimist and also be careful & mindful.

It's possible to be an optimist and still thoroughly evaluate new ideas.

It's possible to be an optimist and still consider the deeper ethical, moral, and structural issues at play.

@seb_sebsn @scottbolinger 🎯 That's one of the main issues I have with it.

Or, what you see as "cynicism" could just be some well-founded concerns that need to be addressed. https://twitter.com/cdixon/status/1461212481020301315

@scottbolinger Casinos (gambling) and securities have lots of oversight: regulations and laws that govern what operators and participants can (and cannot) do.

Currently, the "hype and opportunism" in crypto has no real checks and balances.

This.

Lots of strong ideological rhetoric, delivered in way that’s *desiged* to attract new adherents.

There’s currently no oversight or protection for normal people who get swept up in the mania. https://twitter.com/EricaJoy/status/1461113961080713223

@InTake_Anthony @dan_copy @IndieHackers 😊 thx

RT @emollick: The rapid explosion in the number of competitors in new industries (electric cars, crypto-anything) is a feature of every tec…

@themsaid @DaronSpence @levelsio @stripe @patrickc Ah. Of course!

@mccrmx @csallen @IndieHackers Thanks!

@Swizec lol. Yup. All the time.

@skylerkatz @matthewtrask oh of course!

@matthewtrask my guess is Patrick is referencing Transferwise?

@DaronSpence @levelsio @stripe @patrickc my guess is Patrick is referencing Transferwise?

@iChris This was my experience as a kid too. 😞

@rezzz At @TransistorFM we're still using https://www.waveapps.com/

@tomcreighton not quite death metal, but I'm digging this new @TransistorFM artwork.

Original thread:
https://twitter.com/patrickc/status/1458223264782684161

Looking at @levelsio's response to @stripe's @patrickc.

Which of these do you want the most?

For me it's:

+1 Stripe as main business account
+1 Stripe liability insurance

@freekmurze @jackmcdade Yup.

1. Start camera recording in Quicktime (minimize).
2. Start a screen recording in Quicktime.

When done recording:

1. Stop screen recording.
2. Open up minimized camera recording. Stop recording there.

@jackmcdade Surprisingly, you can record camera + screen as separate files in Quicktime! 👀

"There are things in life we think won’t apply to us: Panic. Addiction. Depression.

I thought that was for other people.

But I learned so much empathy that day. These things that only seem to happen to other people can happen to me."

– @sivers
https://sive.rs/dive

@brandonhilkert Thanks!

Philosophy of attracting good employees:

“Be the kind of people other people want to work with.”

“Work on the kinds of projects other people want to work on.”

“Develop the kind of culture other people want to be a part of.”

Having + communicating core values is another way to attract strong applicants:

https://github.com/TransistorFM/handbook/blob/master/values.md

Here’s what helped @jonbuda and I hire amazing folks at @TransistorFM:

1. Shared our journey on @buildyoursaas (folks heard our vision + values)
2. Became profitable before hiring
3. Being active in communities (Chicago tech, @megamaker, etc) for a long time
4. We hired slowly https://twitter.com/bentossell/status/1460941095626444803

@SimonHoiberg The book + course I published in 2015 already has that title:

@marketingdevs

https://devmarketing.xyz

@immad @coreyhainesco @MikeMichalowicz @BankMercury There a thousands of people using the Profit First approach.

(Especially startups)

There are no good solutions for this currently. 🙏

@coreyhainesco @MikeMichalowicz @BankMercury You're right! I was hoping these auto-transfer rules would include:

- a trigger event every time there's a new stripe deposit
- the ability (based on this trigger) to transfer a % to different accounts

🙏 @immad is this something we can get?

@CasJam Nice work! Looks great.

underrated parenting tweet https://t.co/8vvYihmhUv

@agazdecki It was this feeling (in 2013) that lead me to start @megamaker.

Over the years the people in that group have been invaluable supports to me (and each other). 👍

https://megamaker.meeps.app/

@BryanBarletta I highly recommend @jmckinven!

@MikeMichalowicz This looks awesome!

Any plans on writing something similar for tweens/teens? 🙏

@MikeMichalowicz @BankMercury Here's some background (2018 article): https://justinjackson.ca/solorisk

If you're following @MikeMichalowicz's Profit First methodology for your business, this new feature from @BankMercury should be helpful: set up automatic (rule-based) transfers between your accounts.

It's worth noting: we recorded this episode NINE years ago.

From that moment, it took 9 years to cultivate & accumulate all the experiences that brought us to our current success (him with @getRewardful, me with @TransistorFM).

https://share.transistor.fm/s/00502c07

Kyle and I started the @productpeopletv podcast together in 2012.

Ever since then, we've been each other's cheerleaders.

Back then, we were starry-eyed hopeful startup founders.

It's incredibly gratifying to see both of us finding success in the SaaS game since then.

❤️

Huge congrats to my friend @kylefox (and his co-founder @bradycassidy)! 🎉

🍾 @getRewardful (the company they've been bootstrapping since 2017) was just acquired by @saas_group.

https://twitter.com/kylefox/status/1460687258986582016

@fitzsimons_dev @substack This is what @joshuaanderton is building right now in @meepsapp!

https://meeps.app

@petecodes @IndieHackers Haha. Yes! Water has a special kind of force, which makes it apt for these metaphors.

@itskyleharris Whoa!!! Congrats you two! 🎉🎉

Epic!!!

@kdewirth https://twitter.com/amritahujaa/status/1460306891125387264

@kdewirth Yes!!!

More extreme weather events.

Billions of people displaced.

Uninhabitable. https://twitter.com/mijustin/status/1459920829450309635

@nbashaw Great post!

There's another fundamental critique of web3: how will this truly affect society?

To paraphrase Christensen:

"Society is confronted with opportunities to not follow the standard we set for ourselves; you can end up with a very different society than you intended."

@ianlandsman The difference is the global top 10% is a sizeable group, with a sizeable carbon footprint.

"The emissions share of the top 10% of income earners is around 36–49% of the global total, whereas the lowest 50% of income earners account for around 7–15% of emissions."

@sagalbot @JackEllis @KennethCassel @niko_tinius @guardian 🎯

@ulrichessmann @bradycassidy @kylefox @getRewardful @SaaS_group Congrats Brady and Kyle! 🎉

@aarondfrancis @m1guelpf In the back of my mind I was positive that I'd taken a selfie with Miguel when we met in NYC.

(This is all I could find – https://twitter.com/eduarguzher/status/1154111543312900096)

Was hoping I could use it to get political favors when Miguel becomes President of the Metaverse. 😄

@sagalbot @JackEllis @KennethCassel @niko_tinius @guardian Yes. 💯

The key there seems to be *economic* stimulus: give loggers viable alternatives. (Don't threaten their families' economic livelihood)

@JackEllis @sagalbot @KennethCassel @niko_tinius @guardian I'm excited about carbon removal tech as well, but it's still a *long* way off.

https://www.businessinsider.com/carbon-capture-storage-expensive-climate-change-2021-9

@takeitev YES!

@TylerMKing 🎯 Exactly.

@JackEllis @PierreDeWulf Yes, I'm pretty sure the combined rate (federal + provincial) in BC for small businesses is 11%.

(But I could be reading this wrong)

https://ca.rbcwealthmanagement.com/documents/634020/2734902/2021+Personal+and+Corporate+Tax+Tables.pdf/0df7a8ba-9732-4344-b3aa-4657e58dc920

@jackmcdade 🔥

@JackEllis @KennethCassel @niko_tinius @guardian And you can see how "taking 1 long-haul flight is roughly equivalent to going vegetarian for 4 years."

Again, I'm not saying we can *never* fly.

I'm just suggesting that instead of flying 6x per year, we could fly 1-2x per year.

(It's similar to reducing your alcohol consumption. An occasional drink is OK, but drinking every day is probably a problem).

@JackEllis @KennethCassel @niko_tinius @guardian The UN report compares the two:
https://www.unep.org/emissions-gap-report-2020

Going vegan/vegetarian does have an impact! (Just not as much)

(For me it's not as accessible because I have IBS: I need to avoid beans, lentils, avocados, and other short-chain carbohydrates)

@tylertringas @niko_tinius @guardian https://twitter.com/mijustin/status/1460314802216050689

I used to believe that we should stop asking individuals to fix the climate crisis.

Now I see it clearly: we need to stop asking the world's *poor* to reduce emissions.

"The world’s wealthy need to cut 90%+ percent of their carbon emissions, to get to their carbon fair share."

@lcjury @niko_tinius @guardian Yes, that *and* the world's wealthiest need to drastically reduce their emissions.

@JackEllis @KennethCassel @niko_tinius @guardian I've reduced meat consumption, yes.

However, if you look at the numbers (all in the UN's report), taking less flights is by *far* the top thing a wealth person (that's us) can do to reduce their emissions.

1 flight = 4 years of being vegetarian

https://twitter.com/mijustin/status/1458135401806266369?s=21

@lcjury @niko_tinius @guardian We should stop asking the world's *poor* to fix the climate crisis.

"The world’s wealthy need cuts of over 90 percent of their carbon emissions, to get to their carbon fair share."

https://www.vox.com/22291568/climate-change-carbon-footprint-greta-thunberg-un-emissions-gap-report

@KennethCassel @JackEllis @niko_tinius @guardian Yes; but those are a long ways off.

In the meantime, reducing personal consumption of air travel is the only way forward.

The UN cites reducing air travel as the #1 way rich folks (that's us!) can reduce emissions.

"Lifestyle changes are a prerequisite for bridging the gap. Foregoing one long-haul return flight reduces annual personal emissions by 1.9 tCO2e per capita."

https://www.unep.org/emissions-gap-report-2020

This is what I'm trying to highlight: look at the exorbitant emissions from the "top 1%".

The UN's definition of top 1%? Anyone who made more than $109K in 2015.

For most of us in tech, *that's us*. The burden is on us to decrease our emissions.

https://www.unep.org/emissions-gap-report-2020

RT @InquisitorJax: "...people in motion tend to eventually find success" - @mijustin
great @IndieHackers interview https://share.transistor.fm/s/9394b93c

@phuctm97 It’s true!

@dominicstpierre @PierreDeWulf It does vary from province to province.

"The bigger your carbon footprint, the bigger your moral duty." – @GretaThunberg

https://www.researchgate.net/publication/330692442_Shift_the_focus_from_the_super-poor_to_the_super-rich

@nbashaw I've read all the links in this thread, and I'm still confused.

Web3 "server" & "database" – are these actually better alternatives than what we have right now?

- isn't AWS way more affordable and performant?
- isn't there storage limitations that still make SQL better?

@PierreDeWulf @CicmilJovan Yup. But not in Canada.

I know quite a few founders who pay themselves 100% in dividends here. (You can make payments whenever you want)

@r00k Yup.

@bonjourdomain @CicmilJovan @PierreDeWulf In Canada you can pay dividends whenever you want (as well as salary).

@CicmilJovan @PierreDeWulf Yup! A lot of people do.

(Especially if you and cofounder own 100% of shares)

I’ve settled on doing a smaller salary and the rest in dividends.

COP26 has failed to deliver what humanity needed:

“Endless wrangling over specific words is equivalent to arguing about how best to rearrange the deck chairs on the Titanic. Noble sentiments will provide no protection from the impending devastation.” https://inews.co.uk/opinion/cop26-final-agreement-continuationdecades-climate-failure-1300152

@PierreDeWulf In 🇨🇦 a small-business corp (less than $500k in income) pays 9%.

Personal tax rates vary.

If you paid yourself $100k in dividends, you’d pay about 15.47% in tax.

If you paid yourself a $100k salary, you’d pay about 25.36% in tax.

@ianlandsman @mattyglesias He’s more bullish on clean energy + batteries.

It’s worth listening to his interview here:

https://www.vox.com/podcasts/2020/8/27/21403184/saul-griffith-ezra-klein-show-solve-climate-change-green-new-deal-rewiring-america

@ianlandsman @mattyglesias Generally, I’m not opposed to more nuclear, but it’s worth reading Saul Griffith’s outline on the challenges.

“The problem is the plants take decades to plan and build.”

We don’t seem to have the will to build them fast enough.

https://medium.com/otherlab-news/how-do-we-decarbonize-7fc2fa84e887

@mjwhansen @leenyburger @IndieHackers Yeah, parenting is just a whole other level.

It’s incredibly gratifying to see these little humans growing up, but parenting is definitely the most demanding thing I’ve ever committed to. 👍

A big thing for Jon and I at @TransistorFM was guiding our actions by these values:

https://twitter.com/dustinleblanc/status/1459005494668972035?s=21

RT @maxverse: @mijustin @IndieHackers just finished that episode - absolutely loved the conversation in general, but particularly your thou…

Have you listened to the @IndieHackers episode yet?

Any takeaways?

Happy to hear it's resonating with so many folks. 🙏 https://t.co/X7uObCpfIA

@petecodes Hahaha. There are a few new metaphors in this @IndieHackers ep. Which one did you catch?

@cathrynlavery I have a 19 year-old as well!

RT @marcelladotco: My theory is proven correct again: The more vulnerable the guest, the better the podcast episode.

Loved listening to @m…

@amandanat @csallen @IndieHackers Yes.

@kylefox I was using it as an example of *why* coworkers are valuable!! 💯

@GV1180 @IndieHackers @csallen Thanks!

If you’re a developer looking to learn marketing, I think @marketingdevs (the book/course I wrote) is still a good resource. 👍

http://devmarketing.xyz https://twitter.com/tylertringas/status/1459251301875920896

@tylertringas 😄

That being said: having co-founders that balance out your strengths is incredibly powerful (for multiple reasons). https://twitter.com/kylefox/status/709798011707244544

You might be surprised how much you enjoy marketing once you start.

Many “dev founders” transitioned to other roles, and enjoy marketing, hiring, strategy as much (or more) than coding. https://twitter.com/mijustin/status/1065299912013709312

Yes! Developers can learn marketing. https://twitter.com/Kev_Conti/status/1309114446976094208

<my 16 year-old son sees me using Slack>

“Hey, what’s that; boomer discord?”

@NotechAna @IndieHackers Thanks! 🙏