You have raised a number of points here, and unfortunately I don’t have the time to debate all of them.
The key takeaway i have from your comments is that your only focus is on those who succeed. You’ve ignored all of those who took the same risks and didn’t make it. You see the success, but you don’t see the time and history they (originally) put in to make it happen.
The company I currently own started off with the equivalent of about 8 hours minimum wage in assets, and one contract for 1 hour a week - I technically now no longer need to work and can sit on my ass and take minimum wage. What you, and my staff didn’t see was the number of sleepless nights I had, how many weekends and public holidays I missed, how many times I worked a 10 hour day, then got up again at midnight because more work came up. You don’t see the extra 20 hours a week I take on unpaid to build or invest for the next thing. I am considering passing on a contract for 15% annual growth not because I am too tired, but because there is physically not enough hours to do everything between 5pm and 8am when our work needs to be finished by, and that’s before I start the next days work.
If you want to be upset about those who are at the top, who get trust funds, literally put your money and body where your mouth is. I can tell you right now that you won’t benefit from it, you will suffer immensely, and it could be all for nothing, but your kids might have it easier.
What you, and my staff didn’t see was the number of sleepless nights I had
My guy, you’re not the only one who has ever had a sleepless night. You don’t think I’ve pulled all-nighters for my assorted employers? You don’t think I’ve driven overnight in the rain to an office in a different city to fix a machine that went down in the storm, so my boss could keep collecting on a contract? You don’t think I pulled all-nighters preparing for job interviews in anticipation of proving myself to assholes like you?
Idfk if you cut yourself in the bathtub between meetings with investors. That’s not something I think anyone should have to do, but I’m not the one running JP Morgan Chase likes its my own piggy bank. I’d just like equity in what I got my hands dirty building. And that’s one thing no employer seems to want to offer.
My boss and I can be side-by-side in the trenches, trying to keep the lights on. But at the end of the day, he’s the owner and I’m an “at-will” employee. My work goes into his pocket first and he pays me back a fraction of what I earned.
If you want to be upset about those who are at the top, who get trust funds, literally put your money and body where your mouth is.
What do you think every employee does every fucking day?
Im at the point where I wonder both “what is the world coming to” and “am I turning into a boomer”?
In what reality does an employee turn up to work in a building they didn’t lease, use equipment they didn’t pay for, inputs they didn’t buy, logistics they didn’t develop, to fill contracts they didn’t aquire, done through loans they aren’t responsible for and a business plan they didn’t back, and expect the lions share of the profit from utalising this, ironically being paid by someone they didn’t hire and with money they didn’t collect?
Then stop arguing with internet strangers and go out and do it yourself. I can’t make this any clearer - if you think its unfair, that they take a disproportionate amount, that you work soo much harder, quit bitching and quit. Because I can guarantee you won’t - the job security, less responsibility and ability to let someone else worry if you have work or not is far too comfortable. At will works both ways.
~95% of businesses fail in the first 5 years. Have fun.
Because I can guarantee you won’t - the job security, less responsibility and ability to let someone else worry if you have work or not is far too comfortable.
~95% of businesses fail in the first 5 years. Have fun.
You are right about some people being too comfortable (or not knowledgeable on how) to start their own business, but that’s not the whole story.
A business will always fail if it doesn’t have the quality employees to run it. A business cannot function without employees.
Just because one side has more risk upfront doesn’t mean they should keep the vast majority of the profits for themselves, forever. Long-term it’s still a team effort.
There’s nothing wrong with sharing the wealth that’s produced from the effort which is done by all.
You have raised a number of points here, and unfortunately I don’t have the time to debate all of them.
The key takeaway i have from your comments is that your only focus is on those who succeed. You’ve ignored all of those who took the same risks and didn’t make it. You see the success, but you don’t see the time and history they (originally) put in to make it happen.
The company I currently own started off with the equivalent of about 8 hours minimum wage in assets, and one contract for 1 hour a week - I technically now no longer need to work and can sit on my ass and take minimum wage. What you, and my staff didn’t see was the number of sleepless nights I had, how many weekends and public holidays I missed, how many times I worked a 10 hour day, then got up again at midnight because more work came up. You don’t see the extra 20 hours a week I take on unpaid to build or invest for the next thing. I am considering passing on a contract for 15% annual growth not because I am too tired, but because there is physically not enough hours to do everything between 5pm and 8am when our work needs to be finished by, and that’s before I start the next days work.
If you want to be upset about those who are at the top, who get trust funds, literally put your money and body where your mouth is. I can tell you right now that you won’t benefit from it, you will suffer immensely, and it could be all for nothing, but your kids might have it easier.
My guy, you’re not the only one who has ever had a sleepless night. You don’t think I’ve pulled all-nighters for my assorted employers? You don’t think I’ve driven overnight in the rain to an office in a different city to fix a machine that went down in the storm, so my boss could keep collecting on a contract? You don’t think I pulled all-nighters preparing for job interviews in anticipation of proving myself to assholes like you?
Idfk if you cut yourself in the bathtub between meetings with investors. That’s not something I think anyone should have to do, but I’m not the one running JP Morgan Chase likes its my own piggy bank. I’d just like equity in what I got my hands dirty building. And that’s one thing no employer seems to want to offer.
My boss and I can be side-by-side in the trenches, trying to keep the lights on. But at the end of the day, he’s the owner and I’m an “at-will” employee. My work goes into his pocket first and he pays me back a fraction of what I earned.
What do you think every employee does every fucking day?
You blew right past his final point.
Im at the point where I wonder both “what is the world coming to” and “am I turning into a boomer”?
In what reality does an employee turn up to work in a building they didn’t lease, use equipment they didn’t pay for, inputs they didn’t buy, logistics they didn’t develop, to fill contracts they didn’t aquire, done through loans they aren’t responsible for and a business plan they didn’t back, and expect the lions share of the profit from utalising this, ironically being paid by someone they didn’t hire and with money they didn’t collect?
Then stop arguing with internet strangers and go out and do it yourself. I can’t make this any clearer - if you think its unfair, that they take a disproportionate amount, that you work soo much harder, quit bitching and quit. Because I can guarantee you won’t - the job security, less responsibility and ability to let someone else worry if you have work or not is far too comfortable. At will works both ways.
~95% of businesses fail in the first 5 years. Have fun.
You are right about some people being too comfortable (or not knowledgeable on how) to start their own business, but that’s not the whole story.
A business will always fail if it doesn’t have the quality employees to run it. A business cannot function without employees.
Just because one side has more risk upfront doesn’t mean they should keep the vast majority of the profits for themselves, forever. Long-term it’s still a team effort.
There’s nothing wrong with sharing the wealth that’s produced from the effort which is done by all.