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Old 08-18-2018, 01:46 PM
 
7,977 posts, read 4,989,854 times
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Quote:
Originally Posted by Lekrii View Post
If your goal is to "take power out of the employer's hands" then start your own company. The downside of that is you bear all the downside risk of failure. That's not the case when you let the employer 'have the power'.

Apathy does not equate to 'power'...

Too much of a risk and uncertainty associated with starting your own business. The power is out of your hands with that because it may or may not pay off. No absolutes with that. Not to mention the market is oversaturated now with damn near EVERYTHING


So unless you get a substantial business and training handed to you by a relative or something, its not the same as starting something from scratch. Most of the people I see with businesses now were handed down to them by some family member. Thats not as much of a risk. You're just inheriting something thats already running. ROFLMAO
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Old 08-18-2018, 01:51 PM
 
5,985 posts, read 2,919,501 times
Reputation: 9026
Quote:
Originally Posted by DorianRo View Post
Too much of a risk and uncertainty associated with starting your own business. The power is out of your hands with that because it may or may not pay off. No absolutes with that. Not to mention the market is oversaturated now with damn near EVERYTHING

So unless you get a substantial business and training handed to you by a relative or something, its not the same as starting something from scratch. Most of the people I see with businesses now were handed down to them by some family member. Thats not as much of a risk. You're just inheriting something thats already running. ROFLMAO
There are no absolutes with anything. You don't get to have the rewards of having the 'power' without the risk that comes with it. Start your own company if you want to be in control, or stop complaining. That's how this works.

lol, the market is oversaturated with everything? Come on.

You could also do what most successful business owners do and take risks and fail many, many times before succeeding. Not everyone has given up on trying, and most successful people actually got that way on their own. Learn from failure, have a positive attitude, and don't always blame other people for things going wrong.
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Old 08-18-2018, 01:54 PM
 
7,977 posts, read 4,989,854 times
Reputation: 15956
Quote:
Originally Posted by Lekrii View Post
There are no absolutes with anything. You don't get to have the rewards of having the 'power' without the risk that comes with it. Start your own company if you want to be in control, or stop complaining. That's how this works.

lol, the market is oversaturated with EVERYTHING? Come on.
Power is more absolute when you can call your own shots without running the risk of LOSING everything you have ,. Not have some greedy employer call it for you. If you're slave to the expense you throw into a business that MAY or MAY NOT pay off, thats not power. Now if a family member left you a business and showed you the ins and outs, thats another thing. To start something from scratch though?? Thats another thing..


Yea.. And the market is oversaturated. From a gazillion BS product lines to everything else.
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Old 08-18-2018, 02:01 PM
 
5,985 posts, read 2,919,501 times
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Quote:
Originally Posted by DorianRo View Post
Power is more absolute when you can call your own shots without running the risk of LOSING everything you have ,. Not have some greedy employer call it for you. If you're slave to the expense you throw into a business that MAY or MAY NOT pay off, thats not power. Now if a family member left you a business and showed you the ins and outs, thats another thing. To start something from scratch though?? Thats another thing..


Yea.. And the market is oversaturated. From a gazillion BS product lines to everything else.
So, you want the power and benefits of owning a business with none of the downside risk? Got it. If you figure out how to do that, you'll be the first person to do so.
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Old 08-18-2018, 02:04 PM
 
7,977 posts, read 4,989,854 times
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Quote:
Originally Posted by Lekrii View Post
So, you want all the power and benefits of owning a business with none of the downside risk? Got it. If you figure out how to do that, you'll be the first person to do so.

Inheriting a business and training on how to the run the business from your relative predecessor isn't a risk. Its like saying CEO's "take Risks". These guys get MILLIONS regardless of the stupid business decisions they make. That isn't "risk" last I checked. You still get a truckload of money even if you SUCK.. Of you get fired for lousy performance? "Heres millions hanging from a golden parachute"
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Old 08-18-2018, 02:07 PM
 
5,985 posts, read 2,919,501 times
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Quote:
Originally Posted by DorianRo View Post
Inheriting a business and training on how to the run the business from your relative predecessor isn't a risk. Its like saying CEO's "take Risks". These guys get MILLIONS regardless of the stupid business decisions they make. That isn't "risk" last I checked. You still get a truckload of money even if you SUCK
Business owners don't get a paycheck if the business doesn't make money, regardless of if they inherited it or not.

The average pay for a CEO in the US is around $160k/year.

Are you looking for a conversation, or excuses to rant here? How many business owners have you sat down for coffee with and asked them about their jobs?
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Old 08-18-2018, 02:10 PM
 
7,977 posts, read 4,989,854 times
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Quote:
Originally Posted by Lekrii View Post
Business owners don't get a paycheck if the business doesn't make money, regardless of if they inherited it or not.

The average pay for a CEO in the US is around $160k/year.

Are you looking for a conversation, or excuses to rant here?


ROFLMAO!!!! Gimme a break.

Are you taking into account stock options and BS bonuses regardless of success or failure? Quit being a senseless corporate apologist.
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Old 08-18-2018, 02:12 PM
 
5,985 posts, read 2,919,501 times
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Quote:
Originally Posted by DorianRo View Post
ROFLMAO!!!! Gimme a break.

Are you taking into account stock options and BS bonuses regardless of success or failure. Quit being a senseless corporate apologist
https://www.payscale.com/research/US...r_(CEO)/Salary

What data are you using? Most CEOs run private companies, not massive publicly traded corporations.

Last edited by Lekrii; 08-18-2018 at 02:27 PM..
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Old 08-18-2018, 02:35 PM
 
13,011 posts, read 13,052,712 times
Reputation: 21914
Quote:
Originally Posted by DorianRo View Post
Inheriting a business and training on how to the run the business from your relative predecessor isn't a risk.
Assuming you have a relative who wants to do this, it is still a risk. Businesses fail. Successful businesses crash as the market, economy and consumer preferences change. Look around any downtown area and talk to the older generation. They will remember all sorts of business from the 50s, 60s... that are no longer there.

Read the article penned by Steven Miller’s (Trump’s goon) uncle. Miller’s grandparents had a chain of successful department stores. They were a family business, and apparently well run and regionally respected. They collapsed in the 80s and 90s when so many other department store brands collapsed.

Quote:
Its like saying CEO's "take Risks". These guys get MILLIONS regardless of the stupid business decisions they make. That isn't "risk" last I checked. You still get a truckload of money even if you SUCK.. Of you get fired for lousy performance? "Heres millions hanging from a golden parachute"
They certainly hedge their bets. Large cap company CEOs typically negotiate severance when taking the job. You would do the same thing if you could. They make much more if they are successful, so your criticism that it doesn’t matter to them is naive.
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Old 08-18-2018, 02:42 PM
 
7,977 posts, read 4,989,854 times
Reputation: 15956
Quote:
Originally Posted by fishbrains View Post
Assuming you have a relative who wants to do this, it is still a risk. Businesses fail. Successful businesses crash as the market, economy and consumer preferences change. Look around any downtown area and talk to the older generation. They will remember all sorts of business from the 50s, 60s... that are no longer there.

Read the article penned by Steven Miller’s (Trump’s goon) uncle. Miller’s grandparents had a chain of successful department stores. They were a family business, and apparently well run and regionally respected. They collapsed in the 80s and 90s when so many other department store brands collapsed.



They certainly hedge their bets. Large cap company CEOs typically negotiate severance when taking the job. You would do the same thing if you could. They make much more if they are successful, so your criticism that it doesn’t matter to them is naive.


Pfftt.. Sure they will make much more if they are successful but at the end of the day, even if they don't make ONE good business decision, lose business, lose customers ,run all operations into the ground and cause an astronomical turnover , they are still set for life. Just layoff a good chuck of your workforce for short term gain. . They will just give themselves a bonus worth more than most people make in a lifetime.


Excuse me.. Tell me where the "risk" is there will ya? You're millionaire if you succeed. You're a millionaire if you SUCK.

No wonder America has gone down the tubes. Were defending complete IDIOTS that run roughshod over everyone's life.


Sure I would do the same thing. I can make millions to run a company into the ground. Hell hire me, Ill run your company into the ground for a TENTH of the price these corporate clowns are asking. . I don't need millions to do it
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