Quote:
Originally Posted by Mr.Coffee
This video does a poor job of conveying a legitimate message. Interviewing business owners about tough times but providing no context to numbers to demonstrate that now makes the business owners sound more like they’re just whining about having less money vs. actually going out of business.
But what they should have all said and I personally believe to be true (although it’s a nebulous/ grey/ undefined topic) is stuff about risk not justifying lower reward.
A business owner usually works way way way harder than the everyday employee Joe plus they have usually assumed all or most of the risk but they (usually? Or the way it’s supposed to work?) therefore get more reward.
If you’ve taxed the #### out of everything so that the reward no longer justifies the risk there is no point. But none of these business owners say they’re shutting down. None of them say they’ve now decided to give up because of reduced money. So the video needs more context. If things are $80K more expensive for you but your revenues are $3,000,000 vs. $100,000, it is a world of difference if people should care about this as a problem.
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While you're not wrong I think a big problem is that most of these people are in it and invested.
They cant just quit. And then do what? Get a job? That dont exist?
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