On Jun 10, 2007, at 8:10 AM, Julian G4ILO wrote:

Unfortunately, by the time we're all out of work or employed in the
tourist industry looking after the Chinese on their holidays, it will
be too late to realise the folly of seeing no further than bigger
profits and lower prices.

We live in a global economic market and the formula is simple: make a better product for the same price or the same quality product for a lower price. People of the western world for the most part have an over-inflated estimate of the value of their labor. Laborers in the US and the UK do not necessarily do a job that is enough better to justify a higher wage than someone in India or China. Want more money and/or more business? Learn to do something that has more value in the market.

And, yes, it *is* about bigger profits and lower prices. But it is also about creating new things too.

There are exceptional people who do the groundbreaking work. They cannot be replaced by a generic college graduate with a master's degree or a PhD no matter how 'learned' the latter are. These are not the people working for big companies. The goal is to find the few people who are in this creative class and work with them to create new things. Once the designs are well established you can turn them over to a generic PhD EE.

BTW, the reason everyone here likes the Elecraft products is that Elecraft consists of a collection of that small group of people in that exceptional category, i.e. the people who really think and make new things.

73 de Brian, WB6RQN
Brian Lloyd - brian HYPHEN wb6rqn AT lloyd DOT com


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