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post #1 of 39 (permalink) Old 01-22-2009, 01:12 PM Thread Starter
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I Figured out what happened to 01whitecobra

Got a memo:

To All My Valued Employees,

There have been some rumblings around the office about the future of this
company, and more specifically, your job. As you know, the economy has
changed for the worse and presents many challenges. However, the good news
is this: The economy doesn't pose a threat to your job. What does threaten
your job however, is the changing political landscape in this country.

However, let me tell you some little tidbits of fact which might help you
decide what is in your best interests.

First, while it is easy to spew rhetoric that casts employers against
employees, you have to understand that for every business owner there is a
Back Story. This back story is often neglected and overshadowed by what you
see and hear. Sure, you see me park my Mercedes outside. You've seen my big
home at last years Christmas party. I'm sure; all these flashy icons of
luxury conjure up some idealized thoughts about my life.

However, what you don't see is the BACK STORY :

I started this company 28 years ago. At that time, I lived in a 300 square
foot studio apartment for 3 years. My entire living apartment was converted
into an office so I could put forth 100% effort into building a company,
which by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went
back into this company. I drove a rusty Toyota Corolla with a defective
transmission. I didn't have time to date. Often times, I stayed home on
weekends, while my friends went out drinking and partying. In fact, I was
married to my business -- hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a
modest $50K a year and spent every dime they earned. They drove flashy cars
and lived in expensive homes and wore fancy designer clothes. Instead of
hitting the Nordstrom's for the latest hot fashion item, I was trolling
through the discount store extracting any clothing item that didn't look
like it was birthed in the 70's. My friends refinanced their mortgages and
lived a life of luxury. I, however, did not. I put my time, my money, and my
life into a business with a vision that eventually, some day, I too, will be
able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9am, mentally check in at
about noon, and then leave at 5pm, I don't. There is no "off" button for me.
When you leave the office, you are done and you have a weekend all to
yourself. I unfortunately do not have the freedom. I eat, and breathe this
company every minute of the day. There is no rest. There is no weekend.
There is no happy hour. Every day this business is attached to my hip like a
1 year old special-needs child. You, of course, only see the fruits of that
garden -- the nice house, the Mercedes, the vacations... you never realize
the Back Story and the sacrifices I've made.

Now, the economy is falling apart and I, the guy that made all the right
decisions and saved his money, have to bail-out all the people who didn't.
The people that overspent their paychecks suddenly feel entitled to the same
luxuries that I earned and sacrificed a decade of my life for.

Yes, business ownership has is benefits but the price I've paid is steep and
not without wounds.

Unfortunately, the cost of running this business, and employing you, is
starting to eclipse the threshold of marginal benefit and let me tell you
why:

I am being taxed to death and the government thinks I don't pay enough. I
have state taxes. Federal taxes. Property taxes. Sales and use taxes.
Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on
taxes. I have to hire a tax man to manage all these taxes and then guess
what? I have to pay taxes for employing him. Government mandates and
regulations and all the accounting that goes with it, now occupy most of my
time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for
quarterly taxes. You know what my "stimulus" check was? Zero. Nada. Zilch.

The question I have is this: Who is stimulating the economy? Me, the guy who
has provided 14 people good paying jobs and serves over 2,200,000 people per
year with a flourishing business? Or, the single mother sitting at home
pregnant with her fourth child waiting for her next welfare check?
Obviously, government feels the latter is the economic stimulus of this
country.

The fact is, if I deducted (Read: Stole) 50% of your paycheck you'd quit and
you wouldn't work here. I mean, why should you? That's nuts. Who wants to
get rewarded only 50% of their hard work? Well, I agree which is why your
job is in jeopardy.

Here is what many of you don't understand ... to stimulate the economy you
need to stimulate what runs the eco nomy. Had suddenly government mandated
to me that I didn't need to pay taxes, guess what? Instead of depositing
that $288,000 into the Washington black-hole, I would have spent it, hired
more employees, and generated substantial economic growth. My employees
would have enjoyed the wealth of that tax cut in the form of promotions and
better salaries. But you can forget it now.

When you have a comatose man on the verge of death, you don't defibrillate
and shock his thumb thinking that will bring him back to life, do you? Or,
do you defibrillate his heart? Business is at the heart of America and
always has been. To restart it, you must stimulate it, not kill it.
Suddenly, the power brokers in Washington believe the poor of America are
the essential drivers of the American economic engine. Nothing could be
further from the truth and this is the type of change you can keep.

So where am I going with all this?

It's quite simple.

If any new taxes are levied on me, or my company, my reaction will be swift
and simple. I fire you. I fire your co-workers. You can then plead with the
government to pay for your mortgage, your SUV, and your child's future.
Frankly, it isn't my problem any more.

Then, I will close this company down, move to another country, and retire.
You see, I'm done. I'm done with a country that penalizes the productive and
gives to the unproductive. My motivation to work and to provide jobs wi ll
be destroyed, and with it, will be my citizenship.

So, if you lose your job, it won't be at the hands of the economy; it will
be at the hands of a political hurricane that swept through this country,
steamrolled the constitution, and will have changed its landscape forever.
If that happens, you can find me sitting on a beach, retired, and with no
employees to worry about....

Signed, THE BOSS







Just kidding about the memo, but I suspect that the story is similiar to what eric has built And being a former business owner the taxes are crushing.

But i do agree with the sentiment expressed above. Bailing out the poor people will not revive the economy.
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post #2 of 39 (permalink) Old 01-22-2009, 01:50 PM
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Dunno who said it...

"I never worked for anybody that made less than me."

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post #3 of 39 (permalink) Old 01-22-2009, 02:01 PM
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How many times can this be resposted over any given length of time?

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post #4 of 39 (permalink) Old 01-22-2009, 02:05 PM
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Good read.
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post #5 of 39 (permalink) Old 01-22-2009, 02:14 PM
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reads to me like a bitter man trying to stroke his own cock on "how hard he works". *shrugs*
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post #6 of 39 (permalink) Old 01-22-2009, 02:19 PM
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I work on contract and my taxes last year made me sick to my stomach.
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post #7 of 39 (permalink) Old 01-22-2009, 02:26 PM
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reads to me like a bitter man trying to stroke his own cock on "how hard he works". *shrugs*


If you've ever put all you've got in to something, you'd understand. I suppose that's why you don't 'get it.' Your post actually screams the very attitude he's talking about in his memo.
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post #8 of 39 (permalink) Old 01-22-2009, 03:09 PM
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I can't imagine spending every waking minute working for and worrying about a company, seems like a shitty life.

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post #9 of 39 (permalink) Old 01-22-2009, 03:26 PM
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Wow that guy is in my head. I couldnt have said it better!

Quote:
Originally Posted by redheadintx
Agreed! My husband is tall, average, and SEXY!
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post #10 of 39 (permalink) Old 01-22-2009, 03:26 PM
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I can't imagine spending every waking minute working for and worrying about a company, seems like a shitty life.

Stevo
In life you've got two choices. Work for the man, or be the man. To be the man, the above mentioned effort is what it takes. Otherwise, your business won't be very successful.

Of course, each person values different things in life. If you're content making others rich, and making no effort to get ahead in life, more power to you. Some people just aren't content with a cap in salary, and working to make someone else rich.


Not everyone is cut out for being self employed. Just like not everyone is cut out to work for someone else
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post #11 of 39 (permalink) Old 01-22-2009, 03:29 PM
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Originally Posted by bcoop View Post
In life you've got two choices. Work for the man, or be the man. To be the man, the above mentioned effort is what it takes. Otherwise, your business won't be very successful.

Of course, each person values different things in life. If you're content making others rich, and making no effort to get ahead in life, more power to you. Some people just aren't content with a cap in salary, and working to make someone else rich.


Not everyone is cut out for being self employed. Just like not everyone is cut out to work for someone else

Quote:
Originally Posted by redheadintx
Agreed! My husband is tall, average, and SEXY!
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post #12 of 39 (permalink) Old 01-22-2009, 03:41 PM Thread Starter
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Originally Posted by bcoop View Post
In life you've got two choices. Work for the man, or be the man. To be the man, the above mentioned effort is what it takes. Otherwise, your business won't be very successful.

Of course, each person values different things in life. If you're content making others rich, and making no effort to get ahead in life, more power to you. Some people just aren't content with a cap in salary, and working to make someone else rich.


Not everyone is cut out for being self employed. Just like not everyone is cut out to work for someone else
Exactly. Stress *IS* being self employed. You are never "off" the job, and like the guy said, you start to view life thru what you have personally done and risked.

A good example of what i'm talking about is that I had to sign bank documents guaranteeing my company's line of credit. Essentially, I pledged all of my personal possessions, put it all on the line. That will keep you awake at night.
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post #13 of 39 (permalink) Old 01-22-2009, 04:02 PM
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Good read. I just hope it's not too late for America.

n/a
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post #14 of 39 (permalink) Old 01-22-2009, 05:42 PM
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I remember when my dad had his own business...he worked 6am to 6pm every day, Monday-Saturday. He only took Sundays off mainly because of mom. During the whole time he had that business, nearly 20 years, he never took one vacation.

He's since sold it and is now "retired" living a pretty good life, IMO.

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post #15 of 39 (permalink) Old 01-22-2009, 07:15 PM
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reads to me like a bitter man trying to stroke his own cock on "how hard he works". *shrugs*
I suggest that everyone own a business at least once in their life.

You get into a situation where you literally run yourself into the ground to get the business established, you pour in every bit of you, your money, your time, your life. That business is your existence, it causes stress in family situations and relationships all on the hope that it'll survive, excel and thrive, that it will provide a better life for you and yours.

You hire an employee and you are on top of the world, then you realize that they will give you 80% at best. So now you are working your 150% PLUS their 20%.

Does it get easier with each employee? HELL NO! You become a glorified babysitter for a bunch of 'adults' that were never taught the value in being situational leaders and leading themselves while following you. The best leaders are the best followers, and out of the 50+ guys I have employed over the past 6 years, very few were good followers, and as such, they made more while working for me then they will ever make, again, in their life.

You work your ass off, still, to grow your wealth and then you watch employees do everything they can to piss it away. It doesn't matter if you make $100/hr or $10/hr, a good employee will give you everything and more - and those are the ones that succeed. So while my employees left at 5:00pm every day and were jealous of me because of my vehicles/toys/etc, I stayed until the late hours to handle business with customers on the west coast, Hawaii, Alaska, overseas, etc.

And what is the reward for this? Higher taxes. I told everyone that worked for me around the election that if Obama got his way, I'd make the cuts necessary in the payroll to maintain my lifestyle, and those that wanted to step it up would have a job those that voted for Obama, wouldn't.

Until you have birthed an idea, started a business, fought for it's survival, seen it grow and then watch the government do everything they can to strip the money from you, you have no clue what you're talking about.

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #16 of 39 (permalink) Old 01-22-2009, 07:50 PM
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If these owners really poured their heart and soul into a company, they'd be taking active steps to save it rather sitting on a soapbox. Like the CEO taking a 20% paycut, VPs taking a 10% cut, so on and so forth...And don't tell me bullshit, because one of the most successful companies in the world is taking such steps to ensure it's continued success.
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post #17 of 39 (permalink) Old 01-22-2009, 08:21 PM
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If these owners really poured their heart and soul into a company, they'd be taking active steps to save it rather sitting on a soapbox. Like the CEO taking a 20% paycut, VPs taking a 10% cut, so on and so forth...And don't tell me bullshit, because one of the most successful companies in the world is taking such steps to ensure it's continued success.
Some of us did. I took a 100% pay cut, eliminated 50% of my employees and took all necessary steps to save the company, which should work.

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #18 of 39 (permalink) Old 01-22-2009, 09:03 PM
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Some of us did. I took a 100% pay cut, eliminated 50% of my employees and took all necessary steps to save the company, which should work.
And that's admirable for business owners to take the steps needed to prevent their business from going under and keep their employees productive and what not. But if there really was a boss that wrote a letter like that to his company, I'd almost hope he failed at life for being a D bag, but that would fuck over his employees.
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post #19 of 39 (permalink) Old 01-22-2009, 09:15 PM
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And that's admirable for business owners to take the steps needed to prevent their business from going under and keep their employees productive and what not. But if there really was a boss that wrote a letter like that to his company, I'd almost hope he failed at life for being a D bag, but that would fuck over his employees.
They're going to fire people one way or the other, at least this guy would have been honest about it.

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post #20 of 39 (permalink) Old 01-22-2009, 09:50 PM
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It doesn't matter if you make $100/hr or $10/hr, a good employee will give you everything and more - and those are the ones that succeed. So while my employees left at 5:00pm every day and were jealous of me because of my vehicles/toys/etc, I stayed until the late hours to handle business with customers on the west coast, Hawaii, Alaska, overseas, etc.
It's funny, we just got our production numbers for last year, and there was a very distinct pattern...the higher the volume the later in the day those people stayed.
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post #21 of 39 (permalink) Old 01-22-2009, 09:59 PM Thread Starter
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If these owners really poured their heart and soul into a company, they'd be taking active steps to save it rather sitting on a soapbox. Like the CEO taking a 20% paycut, VPs taking a 10% cut, so on and so forth...And don't tell me bullshit, because one of the most successful companies in the world is taking such steps to ensure it's continued success.
I did that. I went months without a paycheck, as did 5 other owners. Payroll to the employees occurred with regularity. And uncle sam got his cut as always.

Eventually your savings runs out, you have a family to feed, and you do what you have to to survive. So, I sold my percentage of the company back to the remaining partners, packed my bags, and now i'm working in san diego, home every other weekend. Sucks? Yes, but there is a paycheck involved, so I climb my ass on a plane and make the trip, and sleep in a hotel every night.

Also, do you realize that as a business owner it is quite common to sign over and pledge everything you own in order to get a line of credit? I did it. Signing those documents makes you scared, and keeps you awake at night.

Have you ever owned a business, slowlx? Just curious. You seem to have some strong opinions about the matter.

Last edited by mikeb; 01-22-2009 at 10:05 PM.
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post #22 of 39 (permalink) Old 01-22-2009, 10:42 PM
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I did that. I went months without a paycheck, as did 5 other owners. Payroll to the employees occurred with regularity. And uncle sam got his cut as always.

Eventually your savings runs out, you have a family to feed, and you do what you have to to survive. So, I sold my percentage of the company back to the remaining partners, packed my bags, and now i'm working in san diego, home every other weekend. Sucks? Yes, but there is a paycheck involved, so I climb my ass on a plane and make the trip, and sleep in a hotel every night.

Also, do you realize that as a business owner it is quite common to sign over and pledge everything you own in order to get a line of credit? I did it. Signing those documents makes you scared, and keeps you awake at night.

Have you ever owned a business, slowlx? Just curious. You seem to have some strong opinions about the matter.

It's a lot different when it's a company that employs thousands and millions of dollars are squandered through the chain of command. When it's a company of tens, things change very fast.

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post #23 of 39 (permalink) Old 01-22-2009, 10:49 PM Thread Starter
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It's a lot different when it's a company that employs thousands and millions of dollars are squandered through the chain of command. When it's a company of tens, things change very fast.
Yep, we went from a company with gross revenues in the 7 figures just a few years ago to a company that MIGHT gross 250k this year. Hard to keep the lights on.
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post #24 of 39 (permalink) Old 01-23-2009, 08:03 AM
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I did that. I went months without a paycheck, as did 5 other owners. Payroll to the employees occurred with regularity. And uncle sam got his cut as always.

Eventually your savings runs out, you have a family to feed, and you do what you have to to survive. So, I sold my percentage of the company back to the remaining partners, packed my bags, and now i'm working in san diego, home every other weekend. Sucks? Yes, but there is a paycheck involved, so I climb my ass on a plane and make the trip, and sleep in a hotel every night.

Also, do you realize that as a business owner it is quite common to sign over and pledge everything you own in order to get a line of credit? I did it. Signing those documents makes you scared, and keeps you awake at night.

Have you ever owned a business, slowlx? Just curious. You seem to have some strong opinions about the matter.
Nope, I just been around the front row to watch three major competeting corp. take three different stands on this economic problem and how each one subsequently benefited or failed from it.
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post #25 of 39 (permalink) Old 01-23-2009, 08:34 AM
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Yep, we went from a company with gross revenues in the 7 figures just a few years ago to a company that MIGHT gross 250k this year. Hard to keep the lights on.
Wow Mike, I didn't realize it had taken that big of a hit.

We had a massive down year last year after 5 years of solid growth. But as you said, employees never missed a check and we never wrote a bad check.

But in being in the same situation has me out looking for positions and my gut tells me that with in the next week or two, I'll be finalizing going on someone else's payroll.

1/19/09, the last day of Free America.
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"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #26 of 39 (permalink) Old 01-23-2009, 08:38 AM
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Damn, you guys work too hard.
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post #27 of 39 (permalink) Old 01-23-2009, 08:39 AM
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Damn, you guys work too hard.
You need a caddy?

1/19/09, the last day of Free America.
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"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #28 of 39 (permalink) Old 01-23-2009, 09:15 AM
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You need a caddy?
I may need one soon, some guys down the hall want me to move over there and manage the buildings we have already bought. Thats doing a lot of leasing, managing capital projects, traveling all over the country making sure other people do their jobs, etc. Its not really my cup of tea but you do get your ass kissed a lot by the management companies. Lots of golf and cigars and shit. I'm going to tell them I want a $10K raise if they want me to do it, it seems like a lot of work.
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post #29 of 39 (permalink) Old 01-23-2009, 09:46 AM Thread Starter
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You need a caddy?
or maybe someone to drive you around?
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post #30 of 39 (permalink) Old 01-23-2009, 09:52 AM
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I try not to work too hard. My work comes in very short bursts of brilliance that cost lots of money. lol
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post #31 of 39 (permalink) Old 01-23-2009, 09:57 AM
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Al - you can hire me as office bitch.
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post #32 of 39 (permalink) Old 01-23-2009, 09:59 AM
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Al - you can hire me as office bitch.
I have you on that list. $18K a year. lol!
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post #33 of 39 (permalink) Old 01-23-2009, 10:00 AM
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I have you on that list. $18K a year. lol!
throw another 30k on it and i'll be there monday.
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post #34 of 39 (permalink) Old 01-23-2009, 10:00 AM
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I remember when my dad had his own business...he worked 6am to 6pm every day, Monday-Saturday. He only took Sundays off mainly because of mom. During the whole time he had that business, nearly 20 years, he never took one vacation.

He's since sold it and is now "retired" living a pretty good life, IMO.
This sounds like my husband... only we are able to go on a vacation every now and then thank goodness.

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post #35 of 39 (permalink) Old 01-23-2009, 10:05 AM
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throw another 30k on it and i'll be there monday.
With your ninja management skills that is a good price.

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post #36 of 39 (permalink) Old 01-23-2009, 11:01 AM
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Posts: 28,540
Quote:
Originally Posted by AL P View Post
I try not to work too hard. My work comes in very short bursts of brilliance that cost lots of money. lol
I tried that, it just didn't work. When I worked for a large corporation it would suffice and I would handle top accounts, now I'm looking to get back into that.

Let me know where to send the resume!

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #37 of 39 (permalink) Old 01-23-2009, 11:19 AM
Lifer
 
Join Date: Jan 2003
Location: Red Neck Ville USA
Posts: 1,668
Quote:
Originally Posted by Sean88gt View Post
Some of us did. I took a 100% pay cut, eliminated 50% of my employees and took all necessary steps to save the company, which should work.

Thats exactly what I have done. Should work as long as we dont get any slower

Quote:
Originally Posted by redheadintx
Agreed! My husband is tall, average, and SEXY!
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post #38 of 39 (permalink) Old 01-23-2009, 11:25 AM
AHMO!
 
Join Date: Apr 2004
Location: the original let me google that for ya guy
Posts: 16,810
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Originally Posted by AL P View Post
With your ninja management skills that is a good price.
Let me know when to come over and start then.
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post #39 of 39 (permalink) Old 01-23-2009, 06:55 PM
makin' bacon
 
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Join Date: Dec 2004
Location: Longview,TX
Posts: 5,752
Quote:
Originally Posted by bcoop View Post
In life you've got two choices. Work for the man, or be the man. To be the man, the above mentioned effort is what it takes. Otherwise, your business won't be very successful.

Of course, each person values different things in life. If you're content making others rich, and making no effort to get ahead in life, more power to you. Some people just aren't content with a cap in salary, and working to make someone else rich.


Not everyone is cut out for being self employed. Just like not everyone is cut out to work for someone else
I have worked for myself for three quarters of my adult life, but I don't spend every dollar and every waking moment worrying about my business. If tending my business was so demanding that it consumed my entire life, I would drop it, life is too short.

Stevo

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