I have about 24 employees and I have an office in okc which I provide about 90%+ of their business. In other words, they probably wouldn't employ as many people as they do if I didn't send them the business (of course, on the other hand, I may be holding them back ha ha).
A lot of people don't consider lawyers job creators. They are welcome to come pay my payroll.
And I started off $196,000 in the hole with student loan debt, practicing from the spare room of a condo. No one paid my way. No one helped me get started.
A lot of people don't consider lawyers job creators. They are welcome to come pay my payroll.
And I started off $196,000 in the hole with student loan debt, practicing from the spare room of a condo. No one paid my way. No one helped me get started.
Who was the guy that said, "You didn't build that!". J/K, JB, congratulations on your success!
Well said. People would rather spend their money to see who can collect the most toys then buy made in USA products.
I used to be a Job Creator before the economy killed my business earlier this year.
I am an evil business owner.
3 Part time, 6 full time employees.
Employees get paid before I do. And I'm still waiting on a few paychecks. I guess I get a lot of sweat equity!!!
Unless you own a business, it is hard to see all of the other expenses that go with it (overhead).
If you "pay" someone 10 bucks an hour, it costs another 10-15% of that to match FICA, Medicare, pay for unemployment bennies, uniforms, etc, etc. Add that up over a year and you get some significant "unseen" costs. And that is before things like vacation, sick days, health care, dental care, day care, child care, etc, etc, etc
Even the little things, like the employees that make 3-5 dollars over minimum wage with great hours and benefits, wanting a raise, but not understanding why they need to turn off the lights and water at the end of the day.
Or why they need to set the alarm if they are the last ones out the door.
Hey, can we get high speed internet so we can watch stuff on our lunch break?
Why can't I call my friend long distance?
Yes, I think you should lower your fees, these poor people need a break. Well, no, I'm not taking a pay cut to do that!
On and on and on.
Like JB said. I got out with huge debt, joined the Army. Didn't get paid what my Army contemporaries got (cause they didn't count my professional schooling for pay purposes anymore), took on more debt when I did get out and set up shop and have continued to take on more and more debt (and pay it off). I wonder if I can count all the jobs involved with processing the loan paperwork, bank employees, supply personnel, repair personnel, maintenance people, insurance agents, health inspectors, board examiners as "jobs created".
Someone once told me that "the only thing more overrated than owning your own business is natural childbirth". After 20 years of job creation, I kind of agree with them.
Dave
3 Part time, 6 full time employees.
Employees get paid before I do. And I'm still waiting on a few paychecks. I guess I get a lot of sweat equity!!!
Unless you own a business, it is hard to see all of the other expenses that go with it (overhead).
If you "pay" someone 10 bucks an hour, it costs another 10-15% of that to match FICA, Medicare, pay for unemployment bennies, uniforms, etc, etc. Add that up over a year and you get some significant "unseen" costs. And that is before things like vacation, sick days, health care, dental care, day care, child care, etc, etc, etc
Even the little things, like the employees that make 3-5 dollars over minimum wage with great hours and benefits, wanting a raise, but not understanding why they need to turn off the lights and water at the end of the day.
Or why they need to set the alarm if they are the last ones out the door.
Hey, can we get high speed internet so we can watch stuff on our lunch break?
Why can't I call my friend long distance?
Yes, I think you should lower your fees, these poor people need a break. Well, no, I'm not taking a pay cut to do that!
On and on and on.
Like JB said. I got out with huge debt, joined the Army. Didn't get paid what my Army contemporaries got (cause they didn't count my professional schooling for pay purposes anymore), took on more debt when I did get out and set up shop and have continued to take on more and more debt (and pay it off). I wonder if I can count all the jobs involved with processing the loan paperwork, bank employees, supply personnel, repair personnel, maintenance people, insurance agents, health inspectors, board examiners as "jobs created".
Someone once told me that "the only thing more overrated than owning your own business is natural childbirth". After 20 years of job creation, I kind of agree with them.
Dave
JesseR, unless I am mistaken you are exempt from Obamacare because you have less than 50 employees.
I tried being a job creator for several years. I couldn't find good help.
People wanted to show up at 10:00 AM, leave at 2:00 PM, and take a two hour lunch break!
At least when they came in late, they would leave early to make up for it.
People wanted to show up at 10:00 AM, leave at 2:00 PM, and take a two hour lunch break!
At least when they came in late, they would leave early to make up for it.
I used to be a job creator. I had my own electrical contracting company for 11 years; closed it in 2006 because I was working 16-20 hrs/day! I told my employees about a month ahead of time so they could all find other jobs. I then went to work as a fulltime employee for another contractor that I had sub-contracted a lot of my work from. After 6-1/2 more years, I left for a few years doing other things. The owner called and wanted me back to "lead" the company and he wanted to grow. I went back and "led" as the Operations Manager and we grew from 22 full time employees to over 160 in 2-1/2 years, increasing monthly revenue from less than half a million to over eight million. Then...this...-> ->
The owner was no longer at the helm and due to the growth there were other players brought in (superior to me in position) and it was "decided" that the company and me were on "different paths"! Not complaining, it certainly was for the better!
The owner was no longer at the helm and due to the growth there were other players brought in (superior to me in position) and it was "decided" that the company and me were on "different paths"! Not complaining, it certainly was for the better!
In my main business I am a co-owner with my ex-wife and her husband and we employ quite a few people. A couple of other small businesses I either own or co-own and operate either by myself or with a couple of co-owners and a few part time employees.
In our main business we have 2 locations, tattoo shops, in 2 different states: Iowa and California. We employ artists, piercers, bookeeping/secretarial help, shop managers, etc.
After graduating highschool in San Diego I knew I wasnt going to college, I was going to play music or be an artist. I first went to a music school in San Francisco and then at night I took a course at a mortuary school. My mom said I needed a backup in case the music didnt work out. On weekends I played gigs at punk and metal dives to help pay my rent. After music school I went straight into a program at a San Francisco art school. Me and my ex met after I finished art school and joined the same shop to apprentice where she was already working- she was doing piercing and tattooing. I was learning tattooing but mainly cleaning up the shop, running errands, etc. My apprenticing was going to take a few years with literally no pay and I had alot of bills to pay with a first marriage to a girl from highschool who was in the middle of medical school plus we had a kid on the way and living in the bay area was not as cheap as back home in San Diego. So I did alot of stuff on the side to make money. My parents were driven business people who started and ran their own businesses when I was growing up and they always encouraged us kids to learn about business from an early age. Ever since junior highschool if I wasnt working for my father I was always doing stuff on my own to make my own money.
After my first wife divorced me, me and my now ex got together and eventually married, and then we had a kid. We scraped up the money to start our own small shop. Most times back then she was the only artist and piercer in the shop as I had also been playing and touring as a professional musician since I was in highschool and that career was taking off too. When home I ran or helped run a couple of small businesses: a club PA/sound system rental company that was basically a 2 man operation- if I wasnt there working I would hire a guy to work with my partner, a small guitar and amp repair/custom build shop that I bought into that kept one guy very busy, an auto detail/audio install/custom shop that I went in on with a couple of old highschool friends that I worked in some times, and an arcade coin-op game distribution business that I pretty much ran myself with some part time help here and there when things would get crazy busy.
Things really took off for us when we bought out a friends much larger shop in northern California. A few years later we were able to buy out a friends shop in Des Moines Iowa and eventually ended up moving there so my ex could run the shop as it was really getting busy. I then was the one who got to drive I-80 regularly back and forth between the Iowa and California shops and our house and my side businesses in California.
Now 20 something years later I am still working my businesses and putting in alot of window time while also adding the challenge of living in northeastern Oklahoma with my current wife and stepkids.
In our main business we have 2 locations, tattoo shops, in 2 different states: Iowa and California. We employ artists, piercers, bookeeping/secretarial help, shop managers, etc.
After graduating highschool in San Diego I knew I wasnt going to college, I was going to play music or be an artist. I first went to a music school in San Francisco and then at night I took a course at a mortuary school. My mom said I needed a backup in case the music didnt work out. On weekends I played gigs at punk and metal dives to help pay my rent. After music school I went straight into a program at a San Francisco art school. Me and my ex met after I finished art school and joined the same shop to apprentice where she was already working- she was doing piercing and tattooing. I was learning tattooing but mainly cleaning up the shop, running errands, etc. My apprenticing was going to take a few years with literally no pay and I had alot of bills to pay with a first marriage to a girl from highschool who was in the middle of medical school plus we had a kid on the way and living in the bay area was not as cheap as back home in San Diego. So I did alot of stuff on the side to make money. My parents were driven business people who started and ran their own businesses when I was growing up and they always encouraged us kids to learn about business from an early age. Ever since junior highschool if I wasnt working for my father I was always doing stuff on my own to make my own money.
After my first wife divorced me, me and my now ex got together and eventually married, and then we had a kid. We scraped up the money to start our own small shop. Most times back then she was the only artist and piercer in the shop as I had also been playing and touring as a professional musician since I was in highschool and that career was taking off too. When home I ran or helped run a couple of small businesses: a club PA/sound system rental company that was basically a 2 man operation- if I wasnt there working I would hire a guy to work with my partner, a small guitar and amp repair/custom build shop that I bought into that kept one guy very busy, an auto detail/audio install/custom shop that I went in on with a couple of old highschool friends that I worked in some times, and an arcade coin-op game distribution business that I pretty much ran myself with some part time help here and there when things would get crazy busy.
Things really took off for us when we bought out a friends much larger shop in northern California. A few years later we were able to buy out a friends shop in Des Moines Iowa and eventually ended up moving there so my ex could run the shop as it was really getting busy. I then was the one who got to drive I-80 regularly back and forth between the Iowa and California shops and our house and my side businesses in California.
Now 20 something years later I am still working my businesses and putting in alot of window time while also adding the challenge of living in northeastern Oklahoma with my current wife and stepkids.
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