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<blockquote data-quote="vantexan" data-source="post: 5846549" data-attributes="member: 24302"><p>I painted a scenario for you. You've already said the owner should bring on co-owners, not employees. Owners share the rewards of a successful business. In your view should co-owners be brought on without investment or long hours like the original owner? Share the rewards but not the risks? </p><p></p><p>There's a joke that the definition of an entrepreneur is a person who'll work 16 hrs a day for themselves so that they don't have to work 8 hours a day for someone else. Are you prepared to save for years to strike out on your own and work long hours? Are you going to then bring on someone as co-owner to invest an equal amount and share the long hours too? Or are you going to bring on someone and tell them that you consider them a co-owner and you're going to let them work 30 hrs a week, have 2 months of paid vacation a year, great healthcare, and split the after expense profit with them while you put in 60 hrs, do all the paperwork, open the business in the morning, close it in the afternoon while they come in later and leave early? It's going to be an equal division of labor you say but they want two months off a year but you've got to be there to run the business because they don't know how to and they don't want to be treated like an employee, telling them to do this or that. Well?</p></blockquote><p></p>
[QUOTE="vantexan, post: 5846549, member: 24302"] I painted a scenario for you. You've already said the owner should bring on co-owners, not employees. Owners share the rewards of a successful business. In your view should co-owners be brought on without investment or long hours like the original owner? Share the rewards but not the risks? There's a joke that the definition of an entrepreneur is a person who'll work 16 hrs a day for themselves so that they don't have to work 8 hours a day for someone else. Are you prepared to save for years to strike out on your own and work long hours? Are you going to then bring on someone as co-owner to invest an equal amount and share the long hours too? Or are you going to bring on someone and tell them that you consider them a co-owner and you're going to let them work 30 hrs a week, have 2 months of paid vacation a year, great healthcare, and split the after expense profit with them while you put in 60 hrs, do all the paperwork, open the business in the morning, close it in the afternoon while they come in later and leave early? It's going to be an equal division of labor you say but they want two months off a year but you've got to be there to run the business because they don't know how to and they don't want to be treated like an employee, telling them to do this or that. Well? [/QUOTE]
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