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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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    Patrick McKenzie‏ @patio11 18 Dec 2019
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    Pulling this out of a reply because I think it's worth saying for the record: Speaking at a conference is a form of highly visible, legible social capital. Many people overestimate the economic leverage of it, which is IMHO relatively low for non-professional speakers.

    11:47 AM - 18 Dec 2019
    • 11 Retweets
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    • Viktoria Karathanasi Gabriel Chuan 🧠⚡ Chase Saunders Jijo Sunny ☕️ Paul Pajo 🧢 [Jan/3➞₿ 🔑∎] #Insulin4All {#HODL} Patrick Campbell Phil Freo Soliudeen Ogunsola ✨ Thiyagarajan Maruthavanan (Rajan)
    12 replies 11 retweets 226 likes
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      2. Patrick McKenzie‏ @patio11 18 Dec 2019
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        Disclaimer: I've spoken at a few conferences, can calculate pretty directly the economic return from doing so as a consultant, and while it is a large number relative to my expectations growing up it a small number relative to working in the tech industry in relative obscurity.

        2 replies 2 retweets 63 likes
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      3. Patrick McKenzie‏ @patio11 18 Dec 2019
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        Will also point out that many people think that conference talks are a way to get promotions or consulting gigs and that sales is a far, far more effective way of getting both of those things, and very few conference speakers have the relative investment in sales that implies.

        2 replies 0 retweets 76 likes
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      2. Penelope's bad takes‏ @penelope_zone 18 Dec 2019
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        Replying to @patio11

        I can sort of pin this pretty exactly: I am roughly 7-10 years ahead of folks who graduated university at the same time as me in terms of title and comp, because of my speaking career.

        1 reply 0 retweets 7 likes
      3. Patrick McKenzie‏ @patio11 18 Dec 2019
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        Replying to @penelope_zone

        I do think that if I were listing counterexamples I personally know you'd be on that list. That said: I think we won the similar tournaments, but that ascribing much of our professional success to those tournaments is likely misplaced relative to other games we were playing.

        0 replies 0 retweets 15 likes
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      2. yburyug‏ @yburyug 18 Dec 2019
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        Replying to @patio11

        CC @DR0girl, interesting thoughts here. Will try to find original thread

        0 replies 0 retweets 1 like
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      2. Paul Reinheimer‏ @preinheimer 18 Dec 2019
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        Replying to @patio11

        Speaking at a conference is a lot like writing a book in that way. The direct ROI sucks for both.

        1 reply 0 retweets 6 likes
      3. Jason Fried‏Verified account @jasonfried 21 Dec 2019
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        Replying to @preinheimer @patio11

        Writing books can be very lucrative if you don’t treat them as losers from the start. The industry sells you on exposure, but don’t buy it. Start by self-publishing and charging. Build up your sales/reputation there. That gives you leverage to get large advances later on.

        0 replies 0 retweets 17 likes
      4. End of conversation
      1. Michael Thiessen‏ @MichaelThiessen 18 Dec 2019
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        Replying to @patio11

        My thoughts exactly, especially in the tech industry. I think in some industries eg. medicine, it pays better and is less of a status signal. At least from what I gather.

        0 replies 0 retweets 1 like
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      1. Dylan Smith‏ @dylanatsmith 18 Dec 2019
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        Replying to @patio11

        Does that assessment further the argument for conferences paying speakers?

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