Comments on: For a startup, money doesn't solve problems, it just changes them

By: Juiced

Juiced — Tue, 06 Oct 2009 00:50:06 +0000

Very true. Money doesn't eliminate problems, it just creates new and "interesting" types of problems, like how to budget it, how to protect it, how not to lose it, and how to enjoy it without being paranoid about the other possibilities.

You will figure it out though.

By: وظائف خالية

وظائف خالية — Wed, 18 Mar 2009 21:46:17 +0000

I'm with you in every word.

In my startups, I don't like to spend any money on things that is not critical to the business.

By: Sarah

Sarah — Thu, 12 Mar 2009 02:18:17 +0000

Offering the outsourcers genuine options would have been an honorable option: stock (PT really could hit it big) or payment from her own personal funds over time with interest as she squeezes a bit out from her now flush again salary, paid for by the new VC.

Yes, it's an investment in your business to have a clean house and better sex :-), but really, our freelancers often have more basic needs like food and electricity that they need to pay for. Heck, if we want their best work out of them, just like we want to invest in our best work results, maybe we should pay for a house keeper for them and improve their sex lives!

Now, selling links — that's a business model that works. As do ads appropriate to the blog. What's hilarious is that on Penelope's blog, ads for everything from sex and fashion to farming to work-from-home would fit right in.

By: Nathan Snell

Nathan Snell — Tue, 10 Mar 2009 12:46:56 +0000

^Just to clarify so I don't wakeup tomorrow and have something else ranking for my stuff (I guess it is like the mob…). I meant that literally. He's got to be a wicked awesome SEO guy to want links instead.

By: Nathan Snell

Nathan Snell — Tue, 10 Mar 2009 12:42:41 +0000

Your SEO guy wanted links instead of stock?

I'm not sure if that's awesome or insane. I think it's insane, but I want to say awesome.

By: Jeanette

Jeanette — Fri, 06 Mar 2009 05:56:52 +0000

I looked at your web site and love your bags!

By: Bleakspot

Bleakspot — Thu, 05 Mar 2009 22:42:21 +0000

I would so love to see PT's credit report. This post is really the lowest of the many lows she's taken pride in reporting.
Penelope is her business. If the business does shifty, semi-legal things, you can bet she does as well.

By: Bleakspot

Bleakspot — Thu, 05 Mar 2009 22:37:02 +0000

Because this is your first job out of undergrad and you have no real responsibilities, you probably think this set-up is great. Trunk's got plenty of clothes, and plenty of money for herself. Think long and hard about why you're willing to be raped.

By: Bleakspot

Bleakspot — Thu, 05 Mar 2009 22:35:30 +0000

Watch how fast she finds cash if the housekeeper threatened to quit. Why pay the housekeeper in worthless stock?

By: Ellen Hart

Ellen Hart — Thu, 05 Mar 2009 22:33:33 +0000

You should be thrilled that you got funded. I have spent months on my business plan and pitching to the 5 potential investors that approached me. Once I began working on my plan and saw the amazing potential of my business I became focused on the plan and finding the money instead of working on my business that sells laptop bags for women (careerbags.com). I am now officially doing nothing but working on finding my target customers.