It's still accurate to call it housing and rent inflation even if it is one factor. The average price for houses is almost up 45% since 2020. It's over half where I live. https://www.redfin.com/state/California/housing-market No. People sell their houses when they're given cash-only offers 30% above the asking price. That's what was behind places like Oakland and Venice gentrifying with millionaires with Unicorn options scooping up the real estate market and startups buying trendy offices there. This was pre-Pandemic. The last 5 years has been even nuttier, though no one is going overpay now when everyone is thinking Bubble. Hmmm...Why are you such an expert for a Cali hater? It's always odd for me to see you repost the story of the same In-and-Out closing in ghetto ass Oakland on a Houston sports board. Were you a Warriors or Raiders fan around the 97-01 seasons or something?
Not because of $15/r. Definition of a "libertartarian"/conservative. A person who can't enjoy a good meal unless they know other people are hungry. Makes them feel better than superior, I guess.
until we get off this ideal that companies must double their profits every year we will have issues you reach a satuation point were the only way to increase profits is decrease costs and employees are usualy the 1st cuts Rocket River
That is 100% the problem people think that the companies care about them, and we should care about the companies, that is 100% backwards, we should think of ourselves as individual contractors and make decisions ONLY for ourselves at all times. Companies are not the enemy but they are sleeping with the enemy. And I own 3 of them....lol. DD
The problem is . . .If i have a business that makes 1 million dollars a year in profit for 10 yrs People see that as a failure because we are not "growing" even 10% growth is considered "slow" Rocket River
People in the investment community, yes, they are all about growth and flipping. That is a good business for someone that is looking to put money away and retire comfortably. In truth, I have had major windfalls 3 times in my life and in 2 of them, I overshared with my employees......don't regret it one bit, any time I start something people flock to work with me because I treat them fairly and like adults, and share where we are as a company so they can make informed decisions in their own lives. DD
Maybe I'm lucky, but that is actually not my experience in the corporate world. The pressure to increase profits, yes, to cut costs, yes, and sometimes there are layoffs to do it, yes. But, in the companies I've been in, cutting employees is the last lever we pull. In normal business, we're carrying some dead weight in the form of employees who have mentally checked out. It isn't until the market evolves in a way that company literally cannot be price competitive and is losing market share that the cuts actually start. Not saying they're saints or anything; just that there is a lot of friction to overcome to actually effectuate downsizing and companies aren't effective at doing it until the motivation gets high.
This is true however extreme conditions such as extreme inflation and extreme taxes plus rampant crime Hurts the margins @basso @ROXRAN @Salvy Houstonians can go get a Big Mac anytime they want And not pay $20 for it Or have McDonald’s exist
I would already be fully retired if I was more selfish, but we live comfortably, I love my job have a good chunk of the new co. so am very happy doing what I am doing - I just think that even though you took the risk starting something, you needed to stand on others shoulders to make it work, and valuable.....and to take the majority share of the money is wrong. Don't get me wrong, I took the most, but I shared more than half each time with key employees...... DD
No one would openly begrudge you even if you took all you were given because This Is the Way. Most company leaders would give a one time bonus plus a dinner party and justify taking the lions share by saying "the employees got the amount they fought and worked for." It's a nice gesture and multiple sales usually means it worked for you and everyone with you.
@basso @AroundTheWorld @CrixusTheUndefeatedGaul @Salvy @ROXRAN oh no woke California REJECTED a higher minimum wage I guess some people passed economics in high school 99ers are pure son
At the end of the day you have to live with yourself though. Maybe @DaDakota 's view helps him do that better.
The way I see it, it's in our business culture to point to the contract. There are many business types who believe if you feel robbed or cheated then you should've argued for better terms or partner/employer. And they're not always on the winning end, it's just the way. And if you believe in the way then you'll probably live with yourself taking most of the shares and declare yourself a self made man. You would get all the blame if it goes bust. The talk CEOs give about a work friendly environment or treating people like family is mostly talk or culture boost for people on the ground to believe until proven otherwise. Always fight for better terms when you see the opportunity and always know what the intangibles like great manager or coworkers are worth to you.
Whenever your employer ushers the word "family" 99% of the time it comes from a desire for a unhealthy expectation of excessive loyalty, blurred work-life boundaries, and potential pressure to prioritize the company over personal needs. That's what it means the vast majority of times when your employer says something about "family". It's almost always a one way street.
