▲ | loumf 6 days ago | ||||||||||||||||
The analogy I am going for is the water resistance. The debt payment is the burst of momentum you get from pushing off the wall. I think of tech debt as something you are dealing with all of the time and something inevitable. I don't like the financial analogy because it implies that you "took out a loan" by taking a short-cut, and that you are obligated to pay it. There is definitely some of that, but mostly, I see it as good decisions that didn't age well. And also, that you may be ok with living with it. | |||||||||||||||||
▲ | conartist6 6 days ago | parent | next [-] | ||||||||||||||||
The fungible nature of money helps explain why that is the case. One dollar bill is as good as another, something people know from handling cash. Paying down a debt is one kind of investment. Maybe it costs you $100/day to service that debt. If someone offers you a chance to invest that same money that you could have used to pay off the first debt and by investing earn divdends of $200/day, then the fact that one dollar is as good as another is what means that you should do it. But even then you're also not (yet) getting to the heart of it: what is the value of tech debt? You still make it sounds like a damp rag dragging on you rather than an integral part of an energetic strategy. Money also gives people a clear analogy for why sometimes you want debt -- why and how it can be used as a tool. In the swimming analogy I would say incurring a debt is like creating a wall that you can burst off of, at the cost of increasing the resistance of the water. Yeah it's a weird analogy. To be more literal, debt buys you the time you need to figure out the optimal direction and especially the critical priorities that will reward work -- will reward investment. It buys time to learn the requirements from experience, and for people to come to some community consensus as to which needs are most imminent. But only if the person managing the debt thinks of it as a tool to be used in this manner. | |||||||||||||||||
▲ | conartist6 6 days ago | parent | prev | next [-] | ||||||||||||||||
You go right back to the monetary analogy when you need to explain that focusing on debt created value. The thing that I think the swimming analogy doesn't capture well is that the resistance of water is fixed. The walls of the pool will be there to push off of no matter what you do. These are the intuitions you're asking people to draw on and they don't map. | |||||||||||||||||
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▲ | 4ndrewl 6 days ago | parent | prev [-] | ||||||||||||||||
Isn't that same resistance the thing that enables you to float in the first place though? I don't really swim so don't understand the analogy I'm afraid. The debt analogy works because you're taking a shortcut that allows you to eg get to market sooner (Vs perhaps not at all). | |||||||||||||||||
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