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FedEx mounts big-money push to head off unionization by US workers
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<blockquote data-quote="bacha29" data-source="post: 4338048" data-attributes="member: 58386"><p>Trying to help the young man to survive. Remember I was one of 3 guys who actually started that station and in addition to finding a way to survive on our own at it we did whatever other tasks that had to be done to fight off closure twice in the first 3 years. </p><p></p><p>As the place grew a little bit new routes opened up and all 3 of us handed them off to new people and we did everything we could to help them survive. Unfortunately the majority didn't make it and the ones who lasted the shortest length of time were the ones who got greedy and took additional routes. </p><p></p><p>The common failure was that they couldn't adjust to the fact that in this environment profit that's what you give the government. What you live on is your cash flow requiring that you live well within your means in order to preserve and build cash. By doing it this way when the time came to go I walked away totally debt free, a healthy 6 figure after tax corporate cash reserve when closed and a fully funded self employed IRA. For those who went below the Mendoza Line it was almost always a case of the inability to withstand the physical beating combined with trying to live beyond their means.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4338048, member: 58386"] Trying to help the young man to survive. Remember I was one of 3 guys who actually started that station and in addition to finding a way to survive on our own at it we did whatever other tasks that had to be done to fight off closure twice in the first 3 years. As the place grew a little bit new routes opened up and all 3 of us handed them off to new people and we did everything we could to help them survive. Unfortunately the majority didn't make it and the ones who lasted the shortest length of time were the ones who got greedy and took additional routes. The common failure was that they couldn't adjust to the fact that in this environment profit that's what you give the government. What you live on is your cash flow requiring that you live well within your means in order to preserve and build cash. By doing it this way when the time came to go I walked away totally debt free, a healthy 6 figure after tax corporate cash reserve when closed and a fully funded self employed IRA. For those who went below the Mendoza Line it was almost always a case of the inability to withstand the physical beating combined with trying to live beyond their means. [/QUOTE]
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FedEx mounts big-money push to head off unionization by US workers
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