datadataeverywhere comments on Open Thread, September 15-30, 2012 - Less Wrong

7 Post author: OpenThreadGuy 15 September 2012 04:41AM

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Comment author: Jayson_Virissimo 18 September 2012 03:44:33AM 2 points [-]

A little. As your income increases, I expect your consumption to become more expensive in monetary terms, but as your business grows I expect the value of your time to increase and for your consumption patterns to become less expensive in terms of time. College is very expensive in terms of time.

Ah, I think I see the source of your confusion. If my start-up succeeds, then I plan to increase the time I spend doing it and schooling, since I currently work a full-time job and work on my start-up part-time.

The relevant options are full-time work/part-time entrepreneur or part-time school/full-time entrepreneur.

Comment author: datadataeverywhere 18 September 2012 04:00:32AM 1 point [-]

Indeed, I misinterpreted you in multiple ways. My model went something like "Jayson_Virissimo is currently working 60-80 hours a week on his start-up. Once it exceeds ramen-profitability, he intends to scale back his efforts to become a full-time student." How very foolish of me!