OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
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Without investors (risk-takers) and innovators there would be no jobs other than infrastructure building and maintenance.
And without the government providing infrastructure there would be no investors.
For the first 20 years of my business career I did the work that generated the profit and paid outside contractors (most also self-employed) for specific services.
You were the employee.
When I finally needed employees, I paid them the going rates for their labor.
Instead of paying higher than 'going rates' and attracting better workers and developing your business even further, you opted to be the guy that hung up a shingle rather than an entrepreneur.
BTW, when I INVESTED my hard earned cash in property development, I again used (mostly self-employed) outside contractors - builders, lawyers, architects, accountants, engineers, facilitators, etc. - to more efficiently get my INVESTMENT projects completed.
As an investor you should have had others do that for you. A rule of thumb in investing; If it's hard, your doing it wrong. How hard do you think the Walmart 7 work? How hard do you think I work?