Let me explain to the Russian posters how business works in the US and the reason why your household earnings are only a fraction of ours. It will blow your minds and you will want to defect.
Then, after this, believe it or not I have to get back to work.
I own a small company. We are not publicly traded but I can and have sold company shares of stock for a percent of ownership for investors.
When I wanted to expand I used the sale of stock for capital and also leverage for bank loans. Yes, using other people’s money I didn’t earn! Since then I paid the bank loan off, and bought back out most of my investors with interest. They made money and are happy. They are also more than likely willing to go into the next deal with me if there is one because they are ok with making more money.
Then, I took my best employees and I was able to give them promotions and pay them a lot more money then I was able to before. My employees have better lives on behalf of my investors. Imagine that
You guys believe that my investors made money that they did not earn. You will have to explain that to me?
I’m going to use arbitrary numbers to explain the next part.
If I hire someone for 50k they are going to cost me around 75k after payroll taxes and benefits.
I have employees that directly make money in the field and I also have support staff that makes it possible for the company to function.
That employee in the field should be making the company 100k minimum for them to be worth hiring. I need money for the support staff, overhead, and yes my pay as well.
As that employee gets more skilled I better pay them more money to keep them motivated and also so they don’t move on to another company. Their worth increases in value with experience. Maybe next year they are making the company 110k. I should increase their pay by around 3k-5k to retain them. If I don’t, they walk out with that experience and make 53-55k somewhere else working for a competitor. So, I lose if I don’t pay them more.
This environment does not exist In a place lien Russia. We are a lot more free than you think. We have our problems also, but, making money is not one of them.
And at least in my case, when I make more money, my employees make more money, and my investors make more money.
Enjoy your dictators and oligarchs.