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Archived threads in /biz/ - Business & Finance - 7266. page

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How does one do proper research on finding out how to negotiate salary for a small, relatively young company with little public info?

I somehow managed to do well on a phone interview, and now I have an in-person interview coming up soon. Hopefully it'll be the last interview. I'm fairly confident I can get this job, I know the position and could handle it with relative ease, but the salary worries me. with 90% of companies its easy enough to infer thanks to glassdoor combined with payscale.com. but this company im interviewing with has only one unrelated director salary ($120kish), and two positive reviews. and, the position im interested in seems to vary widely in pay from company to company. ill list as much info as i can about the company and myself:

- the position is in NYC as a Video Producer/Editor.
- i dont want to name the exact company but they're a sports related media group that create brand content for youtube creators, about 100 people in the whole lot, less than 5 years old. seem to be relatively profitable (read somewhere they got 20M in funding last year).
- my current position is with a large, big-name camera company as a video specialist. salary is 60K. been here for exactly 12 months.
- graduated last year from a no-name school with a film degree.
- three internships before that.

help??
12 posts and 1 images submitted.
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>>1249809
research average wage for the area in your field.
ask for that exact sum.
after a year or two when you proven yourself to the company you go and renegotiate.

unless you have significant previous experience there is no other way.
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>>1249809
also forgot. that typical salary i see for "producer" roles in nyc range anywhere from 40k to 80k.

would it be unreasonable to mention my current salary if they gave some crazy lowball number like 40k or less?
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>>1249816
If they give you a satisfactory offer you can counter. Feel free to say something to the effect of what you currently earn is more, and for it to be worthwhile you would be looking for a similar or larger amount. If it is substantially lower they might not be willing to compromise so much, but in business negotations it boils down to leverage, and having a larger salary currently is leverage in your favour.

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What are the potential problems with choosing a company name that is two fake surnames, so as to appear more trustworthy?
16 posts and 3 images submitted.
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>>1249732
nobody gives a flying fuck. why would someone focus on the name? this is not high school anymore
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>>1249739
it has to be a cool name. some companies spend millions researching a company name.
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>>1249773
What companies. Nane one and post a source

you guys are fucking welcome.

the V shape happen, i bought at 90.5 like i hoped for.

where are all those salty motherfuckers who said 80 was a go for this week? r u guys ok?
16 posts and 1 images submitted.
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It only went up when Warren buffet said he had stakes in it

I think it's valued where it should be right now. Warren buffet being in it still means it has some support

Not gonna skyrocket to 110 until they release something new
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>>1249683
he said that he bought 1billion at $90, what a fucking coincidence.

>I think it's valued where it should be right now.

Are you one of those who said 80$ is a go? learn from your mistakes anon

>Not gonna skyrocket to 110 until they release something new

I'll make another thread at 110 without any salt, bring your own please
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>>1249679
>he doesn't realize what a bull trap is

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Best way for a 18 y/o student to invest £1000?
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>>1249489
Its a pretty small amount. Best bed is mutual funds or pick a stock and gamble
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Pic Related
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Probably buy ethereum

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What does it mean when a stock has an extremely big dividend yield like 20%?
15 posts and 2 images submitted.
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funny thing I just finished watching a documentary about them and reading their wiki, lol
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desperate
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>>1249456
lol so funny lmao! xDDD

Have you shown ANY entrepreneurial inclinations? I'm not even asking about serious or profitable, I mean anything.

I have not. This makes me sad because you always see on rich people's wiki pages that they had clothes / newspaper businesses as 10 year olds
15 posts and 4 images submitted.
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>>1249311

I never gave a shit about being rich simply because the idea of having a normal home was enough for me.

Usually people like that grow up in more well to do families and want to set their sights higher.

If you start from the bottom, just getting high enough to be middle class is decent enough.

So I wouldn't worry too much. Not everyone is made to be a businessman or entrepreneur. The world would not function if everyone was. We need blue collar workers and tradesmen as well.

That's what I aspired to be instead of doing business, but it's not like you don't have to not care about making some money and investing it either.
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>>1249311
>I have not. This makes me sad because you always see on rich people's wiki pages that they had clothes / newspaper businesses as 10 year olds
My father owned a shop and guided by his example I organised a group of kids to make and sell door to door artsy souvenirs out of literal painted garbage, rocks and other easily found free shit. We made enough for snacks and shits. We were like 8 at the time.
Reason I'm telling you this is that since then I've literally never did anything business related except shitposting on /biz/. It's completely meaningless.
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>>1249311

don't know if it can count as a entrepreneurial inclination but as a 10 year-old kid I knew some school bullies that stolen shit from stores like icecream, coke and chocolate. I payed them 50% of the actual price of an icecream or chocolate I wanted, they were motivated to acquire goods and get payed for it and I payed a lower price than the market offered.

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>AAPL
>Icahn sells shares of AAPL
>worried about China
>AAPL invested in Chinese rideshare
>Warren Buffett's Berkshire Hathaway discloses 9.81 million shares of AAPL
>shorters get BTFO
17 posts and 2 images submitted.
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>>1249308
Time to start shorting BRK
>>
Pretty incredible how one man revealing his stake in literally the largest company in the world can still make that company's stock rise from the announcement of that alone
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>>1249308
have you looked at how buffet is doing lmao

down 13% in 2015, on track for similar in 2016.

buffet is outdated, he's no investing wizard anymore

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How big of a mistake it is to study Social Studies in uni?
12 posts and 1 images submitted.
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>>1249241
Why? Why do you ask such dumb questions? You know we are going to tell you it's dumb. Hell you probably know it is dumb but you are going to do it anyway because you think you will make it work. Maybe you will, maybe you won't.
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A BIG mistake, it's financial return is shit.
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>>1249241
>Social studies
We 2nd grade now

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Me and my friends have pooled approximately 8 million dollars and we decided to enter the shipping industry. We arrived to that conclusion because four of my friends are in the shipping industry (two captains, one chief engineer, one first mate). We will operate at Indonesia and we will work on domestic transport. We want our first vessel to be a ROPAX that is of Japanese make that is made in the 2000's and is around 3000-4000GRT. We are kind of stumped on where to get such a vessel.
18 posts and 2 images submitted.
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>>1249165
Google ropax for sale
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>>1249169
Already tried that but most postings are like five to ten times larger. The others are already sold or simply too old for our requirements.
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>>1249170
So you guys are willing to risk 8 million but can't figure out how to buy a boat? Are you serious?

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This is a longshot, not sure where to ask:

I recently inherited and sold a condo in Hungary. I am a dual citizen, but have never lived there. The money has already been transferred to my account here in the US.

Could I face any negative consequences if I don't pay the capital gains tax in Hungary? Hungary is a member of the EU. Could I get arrested or my passport confiscated if I visit there, or any other EU country?
15 posts and 1 images submitted.
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>>1249047
who cares?
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>>1249059
i do. that's why i'm asking. duh
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>>1249047
if you don't receive any notification in 5 years you are in the clear.
if they don't have your address in murrica there is no way they can serve you.

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If you are about to commit suicide, isn't it a good idea to max out your credit cards and have one hell of a vacation before you finally check out permanently?

How can the bank collect if you're dead?
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The bank will go after your estate, so your family won't get any of your shit when you die, not even enough to cover your funeral without them paying out of their own pocket
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>>1249006

What if you liquidate all your assets, spend the money on drugs and hookers, and die with a negative net worth?

Could they come after your family (parents) for fraud under RICO?
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What happens after you die doesn metter thou, you are already fucking dead

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>it's mom's birthday
>decide to shout her and the rest of my family (dad and two brothers) a free dinner at up-market restaurant
>I've been saving money religiously lately, every cent from my minimum wage job, so I feel I want to do this

>Everyone orders most expensive thing, with expensive drinks, sides and desserts
>Tension throughout the whole night, family barely speaks
>Finally, bill is placed in front of me
>$289.00
>PLUS TIP

Does anyone ever feel like they are on a great saving streak and then there's a "just cuck me up" moment? Asking for all my fellow bare-minimal spenders. I went home and bought a whole lot of online shit I had wanted for a while, just because I had given up momentarily on saving after that dining experience.
12 posts and 2 images submitted.
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> Decide to take out my parents and my gf's parents and my gf out for mother's day
> Pay the bill
> Pay 20% tip
> Don't even care because I'm not a fuck up like you
> Was a really fun night
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Keep a seperate fund for spending. Put like $20 a week in it to spend on whatever
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>>1248998

It's a great idea. Something I noticed is that when I keep all of my money in the one account, I spend way more of it because it's all there and all accessible. Surely there must be a psychological explanation for that.

Long story short, I'm withdrawing all of my money next week.

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Should I take a gap year to work on my start-up?
11 posts and 2 images submitted.
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depends, if you have the capital
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>>1248783
Who is this semen demon?
>>
I fully expect "start up" to become a college major in the next few years

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ooops GOLD JUST SHOT THRU!!!
is this the happening??
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>>1248775
>>
>>1248775
Still going up!
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Stocks: You pay $100 for a goose that shits gold for eternity, such that you'll get $100 worth of gold within 10 years on average (sometimes 3, sometimes 20). At that time, you can buy another gold-shitting goose, and so on, exponentially. You have 2 and then 4 and then 8 and then 16 and 32 gold-shitting gooses, each shitting out $100 of gold/year.

Gold. You pay $100 for a lump of gold. At the end of eternity, you still have a $100 lump of gold.

Stocks track inflation just like gold does, AND give you a large return on top of that.

You have to be retarded/hate money/hate being financially secure to own gold.

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What are the five most useful college courses for the market/life in general.

For me it would be:
-Principles of Microeconomics
-Principles of Macroeconomics
-Logic/Critical thinking
-Statistics
-Intro to Programming/CS
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>>1248717
there's no chance that a 200/300 level econ course is useful in any way. you should just do applied math up to diff eqs and if you're interested further in financial planning/politics specifically just listen to a podcast once in a while.

also intro to logic is just as useful as a painting class. c'mon now.
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>>1248717
probability
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>>1248717
Negotiations and Relationship management was interesting

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