Thought Garage

Most people with full time jobs I know of hate their jobs. For a variety of reasons. And a majority of them have been dreaming of becoming ‘entrepreneurs’ and building businesses of their own.  And almost all of them (that decided to venture out) have started or about to start a business of consulting and work as independent contractors. Doing the same or similar work they have been doing all along (software development projects for instance, as most of us are Software developers), though now they think they are well represented and compensated for their hard work. Is becoming an independent contractor a necessary step in between an Employee and an Entrepreneur ? Or being an independent contractor itself is the business? Is this what they really wanted ? or its just an easy start to get something going, on your own, so you can think of ‘real thing’ later on ? This great snippet by Seth Godin “ Building a job vs. Building a business ” put these thoughts in perspective. Read on. ...

Notable thoughts Monday Morning Edition, few thoughts that caught my attention over the weekend surfing. Taxes: How low (or high) can they go? There was a fascinating (to us, anyhow) table in a recent issue of the Journal of Financial Planning. It showed the top marginal tax rates for married couples from 1913 through 2003. Those, you’ll recall, are the highest rates at which income over a certain amount is taxed. The rates ranged from a low of 7 percent (on income over $500,000) in 1913 to 94 percent (on income over $200,000) in the war year of 1944. Undergraduate programming From CrossTalk, The Journal of Defense Software Engineering: “It is our view that Computer Science (CS) education is neglecting basic skills, in particular in the areas of programming and formal methods. We consider that the general adoption of Java as a first programming language is in part responsible for this decline.” India's first mobile soap - Times of Ind...