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Elon Musk is a nice chap

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SiliconWizard:

--- Quote from: wraper on December 13, 2022, 12:03:34 am ---
--- Quote from: vk6zgo on December 12, 2022, 11:26:34 pm ---
--- Quote from: Kasper on December 12, 2022, 10:48:38 pm ---I've seen a few times when Elon was asked how to be successful, his reply was along the lines of, 'it's not a guarantee but working 80 to 100 hours a week is a good start.  In 3 to 6 months, you can accomplish what would normally take 1 year.'

It is not surprising he brings beds to workplaces.

--- End quote ---

An even more advantageous thing is to start off wealthy!

--- End quote ---
He did not start wealthy. Tale about emerald mine is an utter BS.

--- End quote ---

Plus, starting wealthy is not a guarantee of achieving any success in business. Sure if you have lots of wealth and money working for you, you can just live a comfy life without doing anything.
But as to creating *successful* businesses, not that much. Many people having inherited have burnt large amounts of cash without achieving anything much.

CatalinaWOW:
Regarding optimum productivity, it depends intensely on the type of job.  For mucking coal or digging ditches I would be surprised if the optimum per worker-hour is as high as 40.  But in overall facility performance it is easy to believe that the costs of operating four six hour shifts for example would exceed the benefits in productivity per person-hour.

On the other extreme the old time station engineer for broadcast TV and radio stations often weren't too busy.  They were needed intensely for hopefully short intervals when something went wrong and their knowledge and skills were needed.  I could easily believe that their productivity didn't change much with shift length until that shift length got in the area of 12 hours.

For many workers in large organizations there are only two or three really productive hours a day, usually at start or end of shift.  The rest is occupied with meetings, administrivia and grab assing.  Productivity changes with shift length depends heavily on which hours are eliminated. 

james_s:

--- Quote from: tooki on December 12, 2022, 04:47:51 pm ---Upshot is, we can only do 5-6h of peak performance. The 6th-8th hours we aren’t nearly as productive, and once it gets to 10-11h, productivity drops off a cliff.

In other words, after 6h, the output per h drops at an increasing rate, negating some of the benefits of working longer.

--- End quote ---

That aligns pretty well with my typical work day. There is usually about 2 hours consumed by fluff such as meetings which are about 90% useless time to zone out for the few minutes that are relevant to me and whatever I'm doing. 5-6 hours of actual work over an 8 hour workday is probably about right.

james_s:

--- Quote from: wraper on December 13, 2022, 12:03:34 am ---He did not start wealthy. Tale about emerald mine is an utter BS.

--- End quote ---

According to Wikipedia, his dad gave him $28k to fund Zip2, not a bad chunk of change, but not what I'd call "starting off wealthy" either. It's not outside the realm of possibility for any random person with a viable business plan to obtain that sort of funding.

james_s:

--- Quote from: SiliconWizard on December 13, 2022, 12:20:22 am ---Plus, starting wealthy is not a guarantee of achieving any success in business. Sure if you have lots of wealth and money working for you, you can just live a comfy life without doing anything.
But as to creating *successful* businesses, not that much. Many people having inherited have burnt large amounts of cash without achieving anything much.

--- End quote ---

I read somewhere that it's very uncommon for family wealth to last more than 2-3 generations. Sooner or later you end up with somebody born into great wealth who develops no life skills other than pissing away large sums of money. My ex's mother for example inherited something like $2M when her dad passed away, she was nearly broke only around 3 years later. Still living in her ratty old doublewide that was not even paid off.

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