tag:blogger.com,1999:blog-14531678.post113035264185131381..comments2024-03-24T05:21:10.301-04:00Comments on Nothing ventured, nothing gained: It takes a lot more than 20% to innovateJeremyhttp://www.blogger.com/profile/05059215947606354026noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-14531678.post-41037044030073378242014-12-12T14:08:45.493-05:002014-12-12T14:08:45.493-05:00All folks day money upgrades at interim s Il conve...All folks day money upgrades at interim s Il conveys fluctuated equity credit line alternatives for keeping <a href="http://www.approvedcashadvance.com/locations/norman/" rel="nofollow">cash advances</a> sharp in conjunction with, day money enhancements, remuneration day what is myriad Dimensions Unsecured bank credits, in conjunction with vehicles Strategy Unsecured bank advances. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14531678.post-1138287166585361102006-01-26T09:52:00.000-05:002006-01-26T09:52:00.000-05:00Nivi has a good point, but I'd suspect that the f-...Nivi has a good point, but I'd suspect that the f-around time that will get spent by engineers will get spent, probably on top of the 20% personal time allocated.<BR/><BR/>I also agree with you, Jeremy, and that is the reason why Orkut is now a Friendster for Brazilian kids, while MySpace was worth $580m.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14531678.post-1130443112425234222005-10-27T15:58:00.000-04:002005-10-27T15:58:00.000-04:00I have a more Machiavellian view of 20% time: 20% ...I have a more Machiavellian view of 20% time: 20% time is a scam to help their engineers really focus on their remaining 80% time.<BR/><BR/>Really good engineers like to have fun. They get distracted from the job they are supposed to be doing. They like to innovate -- they don't like to do the boring work that is required to make the product commercial grade.<BR/><BR/>Engineers would waste 20% ofAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14531678.post-1130422484258886082005-10-27T10:14:00.000-04:002005-10-27T10:14:00.000-04:00Jeremy - Great Post. However, I think it's import...Jeremy - Great Post. However, I think it's important to note that several other successful companies allow their engineeers to also devote 20-25% of their time to working on personal projects as well - companies like 3M and Medtronic are two examples. In that respect google isn't that impressive. In the case of 3M, the post-it and cold seal adhesives were both invented by accident by an Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14531678.post-1130391348791529182005-10-27T01:35:00.000-04:002005-10-27T01:35:00.000-04:00Good post! I have a different perspective, for dif...Good post! I have a different perspective, for different reasons to Boris.<BR/><BR/>With ventures, the 20% of work is going to count for 80% of results.<BR/><BR/>It's a lot better to kick start heaps of ideas, some of which will stick, than doing a few startups and trying your hardest to make sure they DO stick.<BR/><BR/>It's not a secret- the outcome of any given venture is influenced more by Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14531678.post-1130358724904456542005-10-26T16:32:00.000-04:002005-10-26T16:32:00.000-04:00My guess is that the 20% work time dedicated to in...My guess is that the 20% work time dedicated to innovative personal stuff DOES work and for a simple reason. You are right; to get something off the ground you need to be motived and dedicated 120%. But you also have to pay your bills. So you take a job a Google. And ALL your free time (100%) is spend on your innovative billion dollar business. Then the extra 20% that your employer let's you Boris Veldhuijzen van Zantenhttps://www.blogger.com/profile/01642427939576640595noreply@blogger.com