It doesn't but it also doesnt cost 4700, it is much more

Consultant

Founder

If you have excluded everything, then what does it even include?!

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News: Dior, Armani buys bags worth Rs 4,700 and Rs 8,300 from suppliers, resell it for lakhs. The Reality:

News: Dior, Armani buys bags worth Rs 4,700 and Rs 8,300 from suppliers, resell it for lakhs. The Reality:- Grapevine

Dropshipping ft. Dior & Armani

Software Engineer

Thinking of gifting a friend a handbag. 3k budget. Any leads would be appreciated.
I googled, but found a bunch of names. Don't know which one actually is good.

Also a mini rant. How are women's bags under 3k and men's bags ranging from 10-15k (likes of Samsonite/scarters ).

Women's Bag - Opinions

Business Analyst

Rare Rabbit raising $61Mn from A91 Partners

Rare Rabbit is honestly a very impressive brand

Corporate Strategist

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Which brand did you go for? Why?

No Moko pls. I'm looking for people w/ better taste ie Tumi , Away, Montblanc, Herschel.

Anyone here who has invested Rs.20k+ in a backpack?

Growth Manager

I’ve always had this question on why Indians are very stingy when it comes to paying money for premium products. I agree there are Indians especially in the young generation who aren’t shy from spending for quality products but the masses are still stuck in the bargaining or cheap mindset. 

When we look for cars the first thing we probably check is kitna mileage dega ?

When we look at a premium product we compare it to a copy or a product that does not offer the same quality or service that a premium product offers. 

What are the reasons to it and when or how can we come out of it. This is one of the reasons we have got the “slave / miser ” label outside our county and why we’ve got weak passports which make it difficult to take a vacation like citizens of other countries .

Why are Indians still stuck in the freebie or cheap mentality ?

UX/UI Designer

Assistant Manager

Welcome to Personal Finance's Private Community

And, would you prefer standing out from the crowd or just end up being one among them?

Thoughts?

Program Manager

This is reality in India too

You don't need to spoil kids with the best possible education, day care and shit they don't even need. 
  
 Today's parents are too much. Our generation didn't even have half the stuff that today's kids do, we still did alright.  
  
 Homeschooling is a great and realistic option that most people don't even consider. They just want to justify breaking their backs without even asking their own family if they need all that extra money and privileges.

Product Owner

I purchased a Calvin Klein set for a vacation in Bali. It was ~15k for the set and I must say that I enjoyed being in them. So did someone special. 🤭

What about other people here. What is the most expensive thing you purchased?

What is the most expensive article of clothing you bought for yourself?

Product Manager

This should help everyone understand the true picture of income brackets Indians fall in, where do viners belong?

Earnings bracket wise

Last week I left a great deal (realised later) for Rs70 - total value was 8700
I thought competition would get me less, but they, in fact all crossed 10-20k

This is not the first time I'm making dumb financial decisions 

Money was a concern earlier, but not now, at least not 70 rs concern

How to shake off this save-every-penny mentality

Cannot shake off Middle Classness

Like even frauds but rich that can buy 100000 worth phones easily. Can buy luxury car if they want etc.

Is there any data present in how much filthy rich people are there?

Software Analyst

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While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this

Profits aren't coming, money is flowing
Don't know what the VCs are seeking?
Why bake a a pie that you can't eat later?

Too much money too soon, where have we seen that?

this is too much! i don't need a 10k bag in 10 mins

Who could have thought of a 400Cr momo brand in India 10 years back

Operations Manager

Hello viners,

Wanted your opinion guys.
Does it make sense to buy expensive clothes from the likes of Uniqlo, Zara, Marks and Spencer?
Or it is just a marketing gimmick and one should infact buy online for reasonable (read cheaper) prices? 
Want to understand the reality here.

Expensive clothes at Uniqlo, Zara, Marks and Spencer

My Rapido bhaiya told me a very nice thing, "Hum mehnge kapde khareedte hai to, subconsciously unka zyada acha dhyan bhi rakhte hai. Zyada pehente bhi nahi unko. So we think ki kapde ki quality bhi achi hai. But agar cheaper kapdo ko bhi usi care se rakhoge to Utne din chalenge" 
  
 Shit made sense at 10PM in night and I still remember it past ~1 year. 
  
 Moreover all these brand manufacture these clothes from your local factories in India and Bangladesh. The extra you pay is only for the label. Go to local shops, you'll be able to get better fits and same product for better price(atleast for clothes and accessories)

Welcome to Business Roles's Private Community

Young SWE start with double digit salaries, while someone in Non tech will need 5-10 years to reach that level
Even the business roles, the direct revenue generating roles don't pay good traditionally

Funny how techies think everyone gets paid similar
A lot of it changed with startups trying to acquire talent, but not sustainable
Because the market simply doesn’t pay

How do non tech compete with this skewed demand-supply chain?

Tech and Non tech Pay Partiality is something no one talks about

Engineers deserve their pay.  
  
 1 - The code that engineers write are assets of a company. The code might keep running and serving customers for years after a engineer has probably even left the company.  
 On the other hand, the work that most non-tech folks do are not assets, but an operational expense.  
  
 Companies don't derive benefit of a non-tech even beyond the same month the work is performed.  
  
 The difference is the same as painting your house vs brushing your teeth. You don't paint your house everyday but you do brush your teeth. Painting here is a long lasting asset, adds to the value of the house. Brushing is necessary work but with ultimately perishable benefits.  
  
 2 - Code that engineers write provide non-linear benefits. A team of 30 in Zerodha were able to serve 3-5x more customers in the pandemic. This same scalability does not apply to non-tech majdoori. Business has scaled? Hire more heads. Not with code. 
  
  
 Obviously above does not apply to senior managerial folks who build and architect the organisation, set the cultures, create processes. The impact of their work is long lasting and non-linear. But work of junior business non-tech folks - well, they're getting paid as much as the value they create. Low leverage, low pay. Coding is very high leverage. 
  
 Before you jump on me, I worked for sales in years. Then shifted to product. Above two points are a reality whether you like it or not.

Welcome to Software Engineers's Private Community

Disclaimer this is not a rant or this has nothing to put in bad way someones hard work.

With so many ppl making tutorials and selling courses online, I had my few observations. I welcome ppl to join on this discussion with their point of views as well.

The most important things is you need a solid company name on your resume, doesn’t matter what work you might have done there. Everyone knows the meatiest work in google is done at west coast office(just an example).

This gives you the starting point, I would not disagree to the fact that these guys put on the hard work to crack the interviews, but that doesn’t mean you start selling a dream to everyone. It will be like what harshad mehta did to his clients during the days.

If a person is working in some unknown company and even though the person teaches really well, I bet there will be hardly any takers for his/her course. 

Teaching is an art as per me, not everyone can be a great teacher. There are some good ones out there but majority of them don’t fall under above category. I would say they are social media influencers with a bit of tech knowledge. 

We have already lost a generation with rot learning and now with the rise of these ppl, the day is not far way when a person aceing the interview knows jack shit when given an actual problem to solve at workplace.

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