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Something tells me he's not working 72 hours a week on that yacht...
I'm not defending this guy's philosophy, but I think it's often underestimated how much time a CEO or executive puts into the company. They might not be spending 12 hours hammering out code or spreadsheets, but they spend a lot of time in meetings, giving presentations, schmoozing for business, and promoting the brand on behalf of the company and shareholders. Say what you want, but it's an exhausting lifestyle. Note that I consider it a lifestyle, not just a job. Sure, the pay can afford you many comforts and influence in life. But there's absolutely no way I'd want to do it.
He also goes on to say that's for people who like their job.
If I were doing what I really wanted to do, then I would be putting in 70 hour weeks. Not every week but some weeks.
You also have to remember that for an executive like Jack Ma, a lot of that 70 hours is travelling, going to meetings, even lunches and dinners and talking on the phone with clients, 'organizing corporate structure' and telling employees how they can do their job better, **** like that...
...You also have to remember that for an executive like Jack Ma, a lot of that 70 hours is travelling, going to meetings, even lunches and dinners and talking on the phone with clients, 'organizing corporate structure' and telling employees how they can do their job better, **** like that...
Hard work.
Well, it certainly was hard work to get himself to that position where he could do that. A lot of people look at the end of the journey and neglect what it took to get them there.
It would take an hourly pay scale and double time for me to willingly participate in such a scheme.
I'm not against it if I love my work, but I won't be taken for a ride getting a flat salary and working 6 days of 12 hours. I will need to be compensated for my hours over 40 at a premium.
Overtime pay was implemented to provide a disincentive to work employees more than 40 hours, but still today, some willingly offer overtime regularly and the same people sign up week-to-week.
It's like getting a raise without having to wait on a promotion.
Well I am all for products made or developed, or services provided, that are done with labor abuse to have an extra tax of some sort. Unfortunately that would take a government or other large body to identify them correctly and be able to impose that tax, and seems like that might not happen the rest of my living life.
He also goes on to say that's for people who like their job.
If I were doing what I really wanted to do, then I would be putting in 70 hour weeks. Not every week but some weeks.
You also have to remember that for an executive like Jack Ma, a lot of that 70 hours is travelling, going to meetings, even lunches and dinners and talking on the phone with clients, 'organizing corporate structure' and telling employees how they can do their job better, **** like that...
Hard work.
So in other words: eating, drinking, sleeping on flights, and gabbing.
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