Obviously you did not say that and I was mocking you by sarcastically putting words in your mouth. Do you have trouble understanding how humour and mockery work?
Is fast food as a business doing well or is fast food dying out, how about vs the chipotle model.
- Thread starter FrancisK
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Yes as does every other business owner I know which encompasses every different type of business on the planet pretty much. You don't know what you're talking about dude.
Most business owners I have met are retards so it does not surprise me. Most people who own a business shouldn't.
Yea about as well as how you think quotation marks work.
How about you tell me about all the companies you've owned stocks in so you can tell me about your business ownership experience, that would be much more entertaining at this point.
Haha well those retards got a lot further than your wage slave ass did so what does that say about you?
I think the biggest problem you have that you are not understanding is that you are poisoning the talent pool in your businesses by starting off with low pay.
If your entry level employees are idiots because you do not pay enough for the starting wage, then you only have a pool of idiots to choose from to promote to the next position up and this continues in a domino effect and then you do not have good people to run your companies. You need to fill the entry level of your funnel with good employees because these are the people who will get promoted to the other levels in your company. You are just too short sighted to realize this.
If your entry level employees are idiots because you do not pay enough for the starting wage, then you only have a pool of idiots to choose from to promote to the next position up and this continues in a domino effect and then you do not have good people to run your companies. You need to fill the entry level of your funnel with good employees because these are the people who will get promoted to the other levels in your company. You are just too short sighted to realize this.
I will be retiring in 12 months time and I am in my 30s while most business owners will continue to work into old age. Who is the clever one the business owner who runs his business well into his 60s or the employee who did not deal with the stress or risk of running his own business and got wealthy and retired early through clever investments.
$20 an hour for warehouse work is not low pay, what fantasy world are you living in?
Someone who has actual experience and can do other things I'm obviously not hiring as a warehouse employee, they wouldn't even apply for that job. You make a lot of stupid assumptions trying to act like you're smart to make points.
Oh I'm well aware, you're retiring to go live like a peasant in a third world country chasing a virgin child bride. Good luck with all those great life decisions you're making, I'll let you know if I need any business advice....
I could retire tomorrow if I wanted to, no thanks....too many people rely on me that I wouldn't abandon like an irresponsible child chasing a dream.
Somebody capable would rather go work for a company like Costco (who pays a lot more than you do) than work for you. Besides I am myself have done warehouse type work where I was being paid a lot more than $20 USD per hour.
Then they should do that, again I have no problem finding warehouse employees. There are also people who work at McDonald's for minimum wage....Costco isn't hiring.
Back to picking out sentences to make your dumb points I see, that's all you've got at this point because you don't want to admit that just maybe you don't know everything.
Correction I will be living like a middle class person in a third world country but without having to work.
You should also do business consulting, tell them about all the stocks you've owned.
Funnily enough most business consultants at companies like McKinley etc are just 20 somethings (or sometimes 30 somethings) with an MBA who have actually never run a business. Not saying I would take their advice but plenty of retard executives pay huge money for dumb advice from business consultants.
Most big companies are nothing but hedge funds. The way a large publicly traded corporation is run has absolutely nothing nothing to do with how a small business is run, no relation whatsoever, and the people who think they know how to run a business because of what they read in a book fail miserably every single time.
I have an opportunity right now to invest in a food testing lab they are begging for my money at huge equity and it's a complete and total disaster because they think that being the owners means they don't have to actually work and they get all their ideas on how to run the business from wall street journal articles. I could make the business soar but it would take me going in and completely cleaning house which I don't want to do because I don't want that on my head.
In a lot of small businesses working in the business for a long time literally means you know how to run the place even if you aren't a manager. That is often how it works. Some guy will work as a baker in a bakery for 3 years then he will go and open his own bakery. Some guy will work as a chef at a few restaurants for 5 years then go and open his own restaurant.
Years ago when I was younger I remember having a second job at a paint store. The manager was the co-owner and he co-owned that store and a second store with a business partner. When he told me the story of what happened It was that he was working there for over 7 years as a sales person then the owner sold the business to some other business man. The business man bought the store but decided he did not want to run it.
There was no manager (the previous owner had managed it previously). He asked who the employees who worked there the longest and then asked that guy if he wanted to buy a 50% share in the store and manage it for him (he would get salary for being the manager plus half of the profit). The young sales person went and got a bank loan and bought a 50% share in the store and started managing it. It did well so they opened a second store with 50/50 ownership. So a real life example of how literally being an employee means you know how to run the place. Most of the time running a business is not rocket science.
Knowing how to do the daily work is not the same thing as knowing how to run the business. Just about every business owner starts as an employee but not every employee becomes a business owner.
I have more stories than you do about an employee eventually opening his own business trust me, but regardless causation is not correlation. You being an employee at multiple places does not mean you know how to run a business any more than owning stocks does.
I think it's a low quality worker that doesn't even deserve the $20 that's on offer, but it's the only kind of person that's actually looking for work nowadays.
Yes very true, anyone who is actually worth anything already has a good job and their employer will do anything to keep them same as I do for my good employees.
Are you from Earth?
Walmart is known for paying wages that require their employees to go on food stamps. Kroger employees (or at least their King Sooper's division) went on strike two weeks ago for more money.
The things is, people who think it is competitive to offer higher pay should go into business and outcompete the existing businesses who offer self destructive pay levels. Oddly enough, people who risk all they own to go into business, and who have to face the motivation levels of the people they hire, end up changing their tunes real fast.
The simple fact: there are never enough good people, and paying bad people more than they are worth will not turn them into good people. It's real hard to run a business and manage the employees to the point where they are generating enough value that employing them is profitable. Most businesses that startup and try to do this go broke.
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