this post was submitted on 05 Oct 2024
0 points (NaN% liked)
Work Reform
10003 readers
31 users here now
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't think so in general.
My personal business was just auto body and a very niche segment within that.
I've also worked for mixed ownership. They tend to fail because someone must sign for the credit required to run the business. Eventually this person holds leverage. People change, and nearly all humans are corruptible.
It is hard to run a business, like when I was the buyer for a chain of bike shops. I spent nearly 3 million dollars on preseason orders. If I got that wrong, the business is going under. A lot of that money is credit from the manufacturers. The way it works is that manufacturers have no idea how much of whatever they need to make and warehouse. Buyers know the local market, store demographics, and core customer base. They can make reasonable predictions about what will sell and how. Mind you, I needed to know absolutely every detail about new products and changes in the market with each season, but at the time I rode everywhere by bike, I raced, and I did downhill enduro for fun. I went to interbike and a bunch of demo days for brands. I effectively took over for the owners because I did my homework and backed up every decision with statistical sales history in each store. However, one of the owners had undersigned his house and that turned into leverage and a problem. We were struggling to finance and open a new store when I was nearly killed ten years ago riding to work and got hit by a driver badly. That lead to a cascade of problems that closed all of the stores a few years later.
Personally, I see group dynamics as a potential problem in most cases. The best I ever had it was when I worked completely by myself. Owning a business sucks though unless you have the money to deal with the ups and downs. Only a fool likes at or near paycheck to paycheck when they own a business. I wouldn't consider anything for a business now unless I can generate more than 15% extra money after paying everyone including myself. If you can't put money back into the business, you're going to fail within a few years