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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (8122)	1/15/2003 3:29:33 PM
From: GraceZ	Respond to of 306849

anyone who has had to meet a payroll (as you have and i do) knows full well that existence of that employee's job depends upon the profitability of the company. Right, something they don't learn until they go out on their own. Sometimes the market value for an employee is in excess of what you can pay and still make a profit, therefore you have little choice but to cut that particular operation, otherwise, like you said, you are shipping money. When we put in our pool we hired a small local fence company. It had been a very hot dry spring/summer. The ground was like rock when the two guys showed up three weeks late to put the fence in. I was surprised to see the guys show up with a post hole digger instead of a power auger. I got to talking to the guys. They were contract workers with the fence company and they got paid by the job. They were bummed out because they fell way behind because of the conditions, so their pay had dropped considerably because the jobs were taking three times as long. I asked them if they would get their jobs done faster if they had the power auger and they said yeah, but that the guy who owned the fence company was too cheap to buy one! I said, "But you guys work by the job don't you?" They just gave me a blank stare. All I could think is here are two guys who haven't figured out that they run a business and they need to invest in it in order to make more money.