• 43 Posts
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Joined 3 years ago
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Cake day: June 12th, 2023

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  • This is an overly simplified view and missing a lot of complexities, but think of it this way:

    The cost to bring something to market is passed to the consumer plus a percentage the Company adds for their profit margin.

    Item costs $1.00 to bring to market + 10% for corporate profits = retail price of $1.10 of which the Company makes $0.10.

    An increase of item costs to $1.20 to bring to market + the same 10% for corporate profits = retail price of $1.32 of which the Company makes $0.12 for the same thing.

    They make more money while passing the go-to-market increase onto you.




  • This right here.

    Annecdotal, but I have never worked for a company nor in a team that did not have a fair share of people that took the work experience route instead of the school route. It took them longer to get to the jobs fresh college grads were applying for and they had to work some shit jobs on the way, but that real-world experience gave them a perspective that college never could and it was a valued resource that provided immense benefits to the teams they worked with.