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by xp84
294 days ago
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> The ideal business is one where you take in money and have no expenditures. > property but no rent I mean, I guess sure, but... only lunatics think that exists legally and sustainably. Certainly no one who has managed to get a business degree, or attain any leadership role, thinks so foolishly. Normal businesspeople know that if you pay minimum wage you can expect only a weak effort, and also they don't waste their mental energy fantasizing about anybody 'working for free.' As a manager, I fantasize about getting everyone under me paid enough to hold turnover very low (because turnover sucks), but not so highly that my team becomes a poor ROI that economically should be replaced with (AI, an offshore team, a couple people from a consulting firm, etc.) -- and I'm sure the CEO and any non-crazy shareholders want that equilibrium as well. |
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