What frustrates me the most as an entrepreneur
1–10 of 58 posts
Re: What frustrates me the most as an entrepreneur
#2If you are an investor, and you think I should pay people peanuts to maximize your investment. Please go away. I disrespect you.
Shouldn't that be "You disrespect me"?
Re: What frustrates me the most as an entrepreneur
#3If you are an investor, and you think I should pay people peanuts to maximize your investment. Please go away. I disrespect you. Shouldn't that be "You disrespect me"?
He probably means what he says. He can't be sure enough of the investor's internal thought processes to know that the investor doesn't respect him. In contrast, he can decide that, given what the investor's conclusions reveal about his thought process, he shouldn't respect the investor.
Re: What frustrates me the most as an entrepreneur
#4When I talk about shares/options, I am serious. I am not trying to con you to be a low-paid slave. I want to share our prosperity and success with you when the time comes.
Does this mean employees get stock options, or are they promised to get stock options?
Re: What frustrates me the most as an entrepreneur
#5If you are an investor, and you think I should pay people peanuts to maximize your investment. Please go away. I disrespect you. Shouldn't that be "You disrespect me"?
He probably means what he says. He can't be sure enough of the investor's internal thought processes to know that the investor doesn't respect him. In contrast, he can decide that, given what the investor's conclusions reveal about his thought process, he shouldn't respect the investor.
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Re: What frustrates me the most as an entrepreneur
#6What frustrates me the most about your blog is the fact that when I want to know what the heck Minutebox is, the link doesn't really work.
Re: What frustrates me the most as an entrepreneur
#7This is an honourable position to take. Unfortunately, it still leaves you stuck not being able to pay people wages they require for financial stability.
Re: What frustrates me the most as an entrepreneur
#8I wonder what life would be like if salaries were publicized in the same way as professional athletes.
I've had situations where extremely intelligent and productive fellow employees left the company because they found out someone else of the same level was making a lot more than they were. And by the time they offer a raise, the employee has already emotionally moved onto other pastures.
I'll admit that when I found out someone else was making a lot more despite putting in less hours, my motivation within the company dropped dramatically and I put in my notice a few days later. It's not that my only motivation was money but I lost a lot of respect for mgmt.
I do think the argument is funny sometimes. I'm not saying that the author believes this, but I've seen other owners come across like, "we're not trying to be greedy... we really don't have much money." Okay, so then why not tell me what everyone is earning and owns so that I know where I fit in? Oh right... you want to get away with the minimal amount you can get paying me.
Re: What frustrates me the most as an entrepreneur
#9When I talk about shares/options, I am serious. I am not trying to con you to be a low-paid slave. I want to share our prosperity and success with you when the time comes. Does this mean employees get stock options, or are they promised to get stock options?
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Re: What frustrates me the most as an entrepreneur
#10When I talk about shares/options, I am serious. I am not trying to con you to be a low-paid slave. I want to share our prosperity and success with you when the time comes.
I never take the offer of equity as a con. I see it for what it is: a high-risk investment because the founder does not have enough capital to pay. The main point here is that when the time comes should really be if the time comes.
If you are a founder in this situation, realize what you are asking for is a hybrid worker/investor. And you shouldn't be surprised when this narrows the pool of available workers interested in the opportunity.