First off, politics aside, I really like this video.. it’s a tutorial of sorts. I’m not an opponent of stock buybacks.. I seek them out. . But there is a reason the masses are kept ignorant on how money and the economy really works…. No matter your profession or level of education… you can let money control you or you can control money. You can allow yourself to be a disposable commodity or use your income as leverage to build assets outside of your career. Do this so you can spend less time with a company or entity that will replace you in a nano second with investments, businesses and side hustles where YOU call the shots. Do this so you benefit directly from its success.
When running a business, is it a good idea to emulate many companies and treat the people (workers, etc) who helped you succeed like garbage while you line your pockets with gold? Or is it a better idea to treat them like the assets they are and compensate them accordingly?
Most small businesses can’t afford top wages… especially in the beginning where cash flow is paramount. Wages can be a crippling but necessary burden. This is where thinking outside of the box is crucial. What about hiring people to work for a smaller salary but also an equity share in your company? You win, they win. Amazon and many tech companies have done something similar.
Greed is bad… it’s what ails our world… it’s just bad mojo all the way around. . Why even indulge or contribute to it? Who was it that said “the meek shall inherit the earth”? You can’t take it with you anyway, can you?
