If you pay for peanuts, you get the monkeys

[Star-Dust]

In the fast-paced world of business, there is a crucial lesson that often goes unnoticed but resonates ever more powerfully: "If you pay for peanuts, you get the monkeys."

This maxim is the fulcrum around which the success of many businesses revolves when it comes to software development. While it may seem tempting to try to save money by hiring low-cost software developers, and investing in highly skilled software developers may seem like a considerable expense, it is a hidden treasure that can radically transform your business. The market is crowded, competition is fierce and customer expectations are constantly growing. In this context, the quality of the software you offer can make the difference between a satisfied customer and a disappointed one. That's why hiring qualified software developers, even if it costs more, can be a wise investment that helps you capture new customers and retain existing ones.

We'll explore the compelling reasons why, when it comes to software development, it's worth paying more to get great results. Get ready to discover the secret to entrepreneurial success in the digital world that may also be the key to expanding your customer base and the success of your business:

1. Quality of Work: Software development is a highly specialized field that requires specific skills and knowledge. Highly skilled developers are able to produce high-quality code, which reduces the risk of bugs, improving product reliability and reducing the time and costs needed for maintenance.

2. Efficiency and Speed: Experienced developers work more efficiently and are able to complete projects in shorter times. This means your product or project can be brought to market more quickly, allowing you to seize opportunities ahead of your competition.

3. Innovation: Qualified software developers not only follow existing best practices but are also able to bring innovations into your project. Creative minds can find unique solutions and develop new features that improve the customer experience and make your product more competitive.

4. Long-Term Savings: While the initial cost of hiring qualified developers may seem high, this investment can lead to significant long-term savings. The reduction in maintenance and error correction costs can far outweigh the initial expense.

5. Brand Reputation: The quality of your software will directly influence the perception of your brand. High-quality software provides a positive experience for users and helps build a reputation for reliability and quality.

6. Less Stress: Hiring low-skilled developers can lead to frustration and stress due to recurring problems and project delays. Choosing qualified developers reduces this stress, allowing you to focus on other aspects of your business.

In conclusion, investing in skilled software developers is a common-sense choice for entrepreneurs. While it may involve a greater expense, the benefits in terms of work quality, efficiency, innovation, long-term savings and brand reputation far outweigh the initial costs. Always remember that "If you pay for peanuts, you get the monkeys," so investing in skilled talent is the right path to the long-term success of your business in the digital world.

 

[rabbitBUSH]

All well said and formulated @Star-Dust , and generally agreed as principles - it all works as long as the business is well resourced to support such an employee. However, it should also be a principle that the software developer understands simple useful logical and un-bloated user-interfaces. Too many software offerings still arrive on the street (as it were) with stupid UIs.

My favourite is : (and this has only started to change in the last few years where I live) those debit/credit card readers that are used at a shop exit cash till. 99% of those have a HUGE amount of screen real estate - yet - the font size used - and customers are expected to be able to read - is the smallest imaginable. That's just programmers working the back-end and ignoring the front-end. And, its irritating. Actually, I recently acquired a new phone the manufacturer uses mostly Google Apps (make a call, send a message, contacts collection etc.) Good Grief what a lot of CLUNKY stuff.

So, 3 above suggests innovation, but doesn't extend itself into the realm of reception by the client as a useable product.....

Nice article anyway - good one.

 

[epiCode]

In the fast-paced world of business, there is a crucial lesson that often goes unnoticed but resonates ever more powerfully: "If you pay for peanuts, you get the monkeys."

does that mean if someone pays better then peanuts, monkeys will not want it?

 

[emexes]

does that mean if someone pays better than peanuts, monkeys will not want it?

more likely someone just attracts bigger monkeys

 

[EnriqueGonzalez]

If you pay for peanuts, you get the monkeys."

what may be peanuts for a first-worlder may be a delicacy for a third-worlder, with the very same skillset.

 

[Star-Dust]

All well said and formulated @Star-Dust , and generally agreed as principles - it all works as long as the business is well resourced to support such an employee. However, it should also be a principle that the software developer understands simple useful logical and un-bloated user-interfaces. Too many software offerings still arrive on the street (as it were) with stupid UIs.

My favourite is : (and this has only started to change in the last few years where I live) those debit/credit card readers that are used at a shop exit cash till. 99% of those have a HUGE amount of screen real estate - yet - the font size used - and customers are expected to be able to read - is the smallest imaginable. That's just programmers working the back-end and ignoring the front-end. And, its irritating. Actually, I recently acquired a new phone the manufacturer uses mostly Google Apps (make a call, send a message, contacts collection etc.) Good Grief what a lot of CLUNKY stuff.

So, 3 above suggests innovation, but doesn't extend itself into the realm of reception by the client as a useable product.....

Nice article anyway - good one.

Thanks for your observation. In point 3 I indicated the innovation that can give the user a better experience. It's true that some only care about the visual impact or only look at the avant-garde, specifically I express the concept of looking at innovation but from the perspective of the best experience.

Some companies don't have resources but obviously they will be happy to have developers who can pay themselves. In many cases they think they save money or that it makes no difference to have a specialized one.

 

[Star-Dust]

does that mean if someone pays better then peanuts, monkeys will not want it?

In that case you pay more to have monkeys... it's the owner who is an orangutan

 

[Star-Dust]

what may be peanuts for a first-worlder may be a delicacy for a third-worlder, with the very same skillset.

It's true, but this is another story that concerns the area of social injustice, and this would be one of many that we unfortunately observe every day.

 

[Magma]

I agree.. but...

Monkeys eating peanuts are always in cages ?... strong-monkeys eating bananas... ?

Also bananas in some regions more expensive ! ???

 

[LucaMs]

In the fast-paced world of business, there is a crucial lesson that often goes unnoticed but resonates ever more powerfully: "If you pay for peanuts, you get the monkeys."

Apart from the fact that you could find some "free worms" by yourself to fish and get some fish, which could be your goal ? ...

there are other ways of saying; an Italian one says (as you know):

"Chi più spende, meno spende"
"Who spends more, spends less"

which might summarize your post and it is valid for practically everything.

However, you don't have to tell us but to potential customers, who I fear won't read.

 

[Star-Dust]

Apart from the fact that you could find some "free worms" by yourself to fish and get some fish, which could be your goal ? ...

there are other ways of saying; an Italian one says (as you know):

"Chi più spende, meno spende"
"Who spends more, spends less"

which might summarize your post and it is valid for practically everything.

However, you don't have to tell us but to potential customers, who I fear won't read.

I deliberately used an English expression. in Italian we use another motto as you yourself mentioned.

But the secret of this article that was written with chatGPT. Unfortunately I had to write four different articles and then the human being always had to put the sentences together to make sense.

 

[LucaMs]

But the secret of this article that was written with chatGPT. Unfortunately I had to write four different articles and then the human being always had to put the sentences together to make sense

Uhm... ChatGPT... stupid and very ignorant tool.

I asked it who LucaMs is and it doesn't know.
I asked it how to become a millionaire quickly and easily and it was unable to solve the problem.

Useless.

?

 

[rabbitBUSH]

was written with chatGPT

You mean - like my original reply ?

more likely someone just attracts bigger monkeys

Ah! Then that would be a Baboon. And I guess the progression might be :
Monkey > Baboon > Chimpanzee/Gorilla > Human.

Who spends more, spends less"

Is that because by spending more you now have everything and so have to spend less next time?

These responses have been generated by chatB4X - because I can't afford a nice secretary - therefore as an impecunious employer I take no responsibility for the cheap outcomes herein - which to go back to Star-Dust's #1 - is consistent with the function of big-business (ja chatB4X got lost there....??)