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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    1. Patrick McKenzie‏ @patio11 Apr 4

      Paraphrase of a sentiment I hear a lot in OSS/etc adjacent spaces: "I do a lot of uncompensated labor. If I were a consultant, I could have charged $100 for this email." This is probably not the optimal way to run a consultancy. Unpaid labor does not go away if you run one.

      5 replies 11 retweets 122 likes
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    2. Patrick McKenzie‏ @patio11 Apr 4

      Consultants run businesses which are substantially more complicated than being an individual contributor of their core labor. All businesses have unbillable overhead. Consultants are particularly aware of this, precisely because their billable rates are so high.

      3 replies 2 retweets 67 likes
      Show this thread
      Patrick McKenzie‏ @patio11 Apr 4

      If one desires to have a boundary between doing paid work and unpaid work, one would generally not say "Here's an invoice for $100 to respond to this email", because if your consultancy is capable of generating $100 invoice its rates are too low by at least an order of magnitude.

      3:43 PM - 4 Apr 2019
      • 1 Retweet
      • 43 Likes
      • 𝚖𝚊𝚝𝚒𝚊𝚜 🇵🇷 Alexey Guzey Bakari Mustafa Leonardy Kristianto Richard K Miller Nate Meyvis Tim Smith ダークソール Jenssen Lee
      2 replies 1 retweet 43 likes
        1. New conversation
        2. Patrick McKenzie‏ @patio11 Apr 4

          The general exchange for value for "free work" is not "You pay me small amounts of money for it", it is "You pay me material amounts of information / attention for it, with the expectation that occasionally I successfully execute on my business and use this to get a gig with you"

          1 reply 5 retweets 36 likes
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        3. Patrick McKenzie‏ @patio11 Apr 4

          This often leads to a qualification dance, because there really is a time cost involved in e.g. speculative coffees, but broadly speaking most consultants would happily take a speculative coffee with someone who can make a purchasing decision at a firm which is solidly in zone.

          2 replies 2 retweets 36 likes
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        4. Patrick McKenzie‏ @patio11 Apr 4

          Consultants have to get really, really good at doing (sometimes oppositional) research of people to be able to tell "Are you a decisionmaker?" and "Is your firm in my practice's strike zone?" This is *itself* a form of unpaid, unbillable work.

          2 replies 3 retweets 62 likes
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        5. Patrick McKenzie‏ @patio11 Apr 4

          Oftentimes, it is more efficient to simply answer a question than to do qualification work on the questioner, and many consultants (and lawyers, etc) consider a certain amount of public intellectualism part of the ongoing cost for running a business which charges a lot of money.

          10 replies 2 retweets 63 likes
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        6. End of conversation
        1. R. Travis Atkins‏ @travisatkins Apr 4
          Replying to @patio11

          for all types, but certainly not for lawyers.

          0 replies 0 retweets 0 likes
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