James Lee
2 min readMay 4, 2016

Hiring Remote — MEAN Stack Developer, Lean Startup Fund

Why?

- 3 months off a year
- 4 day work weeks
- half-day workdays
- Remote only
- 1% equity

Interested?

I hope so. I believe this is as close to a perfect job one can generically describe. A job designed to aid in achieving freedom.

Founders

We are looking for founders, not employees. To be eligible to join our team, you must have a startup of your own. A startup that is running and has launched — acquiring new users and responding to feedback.

Why Founders?

We want equity and we want you to succeed. If you agree to join, we do a 1% equity swap. You earn 1% and we earn 1% of your startup.

Democracy

We all have equal shares and voting powers. Equity is capped at maximum dilution to 1%. Maximum our company will grow is 100. We believe in a self-sustaining architecture, that will not fall when 1 key member leaves.

Pay

The big Q. $24,000. Too low? It may be so and not a match for most. We’re looking for people that want the freedom to work on their ideas, and have expenses controlled to the point where $2,400 a month provides security. Take a look at these figures below.

Comparison

Employee 1
- Earns $100,000 a year
- Pays roughly 21% in tax.
- — $2,580 + $18,481 = $21,070
- — Post Federal Tax Income: $78,930
- Works at least 40 hours a week
- — Yearly hours: 40 * 52 = 2,080 hrs
- — Commutes at an average of 1 1/2 hour a day
- — Total yearly hours = 2,080 + 390 = 2,470
- Hourly Rate: 78,930 / 2,470 = $32/hr

Employee 2
- Earns $24,000 a year
- Pays roughly 8.88% in tax
- — 17,300–9,225 = 8,075
- — — $922(10% bracket) + $1,211(15% bracket) = $2133
- — — Post Federal Tax Income: $21,867
- Works less than 16 hours a week
- — Yearly hours: 16 * 40 = 640 hours
- Hourly Rate: 24,000 / 640 = $37.5/hr

Diff

- Loss in income: $57,063–57%
- Reduced hours: 1830 hours, 228 days(8hr days), 7.6 months — 74%
- Hourly Efficiency Gain: $5.5/hr, +17%

Better Perspective

Standard employee
- Work 8 hours
- Drive 1.5 hours
- Sleep 8 hours
- Available hours: 6.5 hrs/day

Our employees
- Work 4 hours
- Sleep 8 hours
- Available hours: 12 hrs/day
- Plus, 1 month every 2 months off
- Work Tuesday — Friday