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Ze Future Part 2

I’ve thought more about this and MFK, my flatmate and others have chimed in with some thoughts so here’s some more points to thinkg about.

Which of the options I listed below are only available to me now at this juncture and unlikely to be available again? My flatmate JU says independent consulting / full time OK/C are things that I can do now but if I worked full time, I may get comfortable with the job security and have issues leaving to start something so high risk. Fair enough but I DO need income …

He also pointed out that working at research labs like MSR, PARC, Sony CSR etc is much more feasible coming out of school than from industry because research is a different beast from solving business problems. Again, fair point.

MFK brings up the issues of whether research is really something I want to do. Specifically PhD. Also some good points and I don’t know the answer to that yet.

Then there’s prerequisites. PhD would certainly help with working at research labs. Working in industry would sure help build my network better for independent consulting. And money is a prerequisite to a number of these options.

What are peoples thoughts on these? What other factors should one consider when making these kinds of decisions? Am I asking myself the right questions?


3 Comments

I particularly like the advice Audiophile gave: Where do you see yourself in 5yrs? This might really guide some of your decision making.

Also, it doesn’t really sound like you have any concrete options — you’re thinking about options that you might have. I say you should loosely rank order your options and explore them, i.e. ask for applications to PhD programs, ask around for contacts at Google/MSR/PARC/CSR, …

It may turn out that some of them are just not feasible, or in the process of finding out what’s involved in attaining those ends, you may find more clarity. Just a thought…

Posted by mfk on 23 May 2004 @ 6pm

The PhD is a tough one. I’ve thought about it many times as well, since I am a reasonably theoretical person (also I like teaching, and research). All in all, I’ve decided against it in the short term because the opportunity cost is extremely high — add to this, that in any system whose requirements are set by external forces your life upgrade path is well-defined but slow.

When I look back at the last 6 years, while no subject I worked on got to the depth that a PhD offers, it was made up for in dimensionality of experience.

So I’m probably biased in saying this, but I would look into trying to launch a business. Life transition points are good for this because you needn’t overcome the financial gravity well of an established career. To this point, I would challenge the idea that you need a ton of capital to start a business.

Startup capital is only necessary if your business has significant capital costs, or you need to scale in such a way that you can support a sizable workforce. I don’t really think this is the case in your situation. If you look at a company like Adaptive Path, they really don’t need to do more than 1 million/year (supersmall cap) in business because they need only support *seven* people (actually 9, but whatever).

Compare that to Trilogy, where presales needed to close scores of 2-5 million dollar deals every quarter just to keep everyone’s heads above water.

If I were you, I’d take my time — set aside a couple months to send out resumes — but mostly spend that time enjoying life and working on the projects that motivate you most.

You might be surprised about how feasible it is to make a living or even start a business when you rely on your own brain.

Posted by Tom Chi on 28 May 2004 @ 1am

Get a PhD if you want to teach in a university. Otherwise get outside the Ivory Tower, choose life and do something that other people actually find useful. You don’t need another 4 years of school to teach you that. In fact if you really want to do research, find a job at the Patent Office — you get more money and less politics. Remember that in university douchebags with tenure will be with you FOR THE REST OF YOUR NATURAL LIFE. That’s a long, long, long time, old chum.

Posted by jmalm on 31 May 2004 @ 3am