Quote:
Originally Posted by J1ceasar
I applaud anyone who puts their money on the line for a business. Most of us in life are worker bees and don't understand the extreme risk and hard work of a capitalist society. Buying a half billion dollar yacht his pocket change to this guy.
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People do not know and do not care. As I recall half of all new businesses fail in the first two years. I had my own business. You cannot as many workers do say hey the boss is a jerk. You are talking about yourself. You do not work mon-fri 9-5. You are not covered by unemployment insurance. Social security is the largest tax many pay. Your employer pays for you the same as you do and that is tax free income to you.
Today we are told $15 is a minimum wage. Reality, a strange concept to many to pay $15 an hour you need to generate minimum of $20 an hour to cover taxes such as social security, unemployment insurance, the risk of having you work for the business,
cost of equipment etc.
Reality, you will never work as hard for an employer as you do when you are the employer.
No I do not have his money.