Consulting requires linear increase of resources. Software product requires logarithmic increase of resources. Therefore product business is more efficient to scale than consulting.
Yep. And the way the developers--on Bravo's Million-Dollar Listing--think, they not only want market price but also to set a new record for market price (per square foot).
In the early days, we were all about making a great place to be a software developer in New York City.
Yep, that was all there was to it...
I...decided to start a company with my buddy Michael Pryor. Making a nice place to work was our primary objective. We had private offices, flew first class, worked 40 hour weeks...
The tagline was “building the company where the best software developers want to work.”
Regarding coworking reimbursement, what are the bounds? It's possible that you could easily go over your prior office expense of 7k/mo.
The average WeWork space is 600-900 USD/month for a single-person office in NYC and SF. And there is a lot of turnover amongst coworking businesses that offer space for any cheaper. So, below 600/mo does not seem to be viable, at least in these two markets.
If you offer to reimburse all employees' coworking leases, at an average of 600-900/mo, then your total office expense would exceed your prior 7k/mo after about 10 employees.
Automattic, another distributed company, offers a stipend of 250/mo toward coworking rent. Basecamp (aka 37signals) offers 100/mo. In both cases, these are certainly better than nothing but are only a fraction of the market rate.
Perhaps those numbers are average or even below average for the Bay Area. Furthermore remember those are global caps, so unless you are in the top pay grade in the company, you'd likely make less, I assume.
Ya I carried a laminated two-sided copy of the info and signature page of my passport scaled down to the size of a credit card/driver's license. Worked throughout Western Europe and Latin America for authorizing credit card purchases in person and entry into venues. Cost me $2 to make at FedEx Office/Kinkos and an employee did it all for me, since I came at an off-peak hour. Of course at official border crossings, you need the real passport.
Consulting requires linear increase of resources. Software product requires logarithmic increase of resources. Therefore product business is more efficient to scale than consulting.