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The Water Cooler
General Discussion
1% tip, on expensive lunch. **and my rant on pay, gratuity, and salary jobs**
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<blockquote data-quote="Jefpainthorse" data-source="post: 1733051" data-attributes="member: 11766"><p>At the tender age of 29, you have things all figured out. Having lived through the "black tag" era (Jimmy Carter) and the Nixon era of price control while semi-self employed in a family contracting business I will share this with you.</p><p>When your neighbors cannot afford to get work done you have no work to bid.</p><p></p><p>Simple math. Now you can bid at a loss or break even at what little work that comes your way- keeps the lights on. But no matter how bright, talented, butt-busting or clever you are- when the work dries up- you go broke.</p><p></p><p>I am glad your making it. The *economy* in OK is sorta insulated from the rest of the country. I hope it never slows down- you won't like the "reality check".</p><p></p><p>I saw a lot of this kind of attitude in the Upper Midwest during the 90's boom. We were catching up on a lot of pent up demand for work that had been deferred for a long time. Lot's of guys who never went through the tough times really thought the money they were making was because they "really" were better than someone else---harder working, smarter, etc. When it busted up there- we saw a lot of kids selling boats, houses, tools, shop space---- and they were clueless about how it fell apart-or how to tough it out. When your neighbor loses his job or your best account folds- youre out too.</p><p></p><p>"But for the Grace of God" kiddo...The Grace of God</p></blockquote><p></p>
[QUOTE="Jefpainthorse, post: 1733051, member: 11766"] At the tender age of 29, you have things all figured out. Having lived through the "black tag" era (Jimmy Carter) and the Nixon era of price control while semi-self employed in a family contracting business I will share this with you. When your neighbors cannot afford to get work done you have no work to bid. Simple math. Now you can bid at a loss or break even at what little work that comes your way- keeps the lights on. But no matter how bright, talented, butt-busting or clever you are- when the work dries up- you go broke. I am glad your making it. The *economy* in OK is sorta insulated from the rest of the country. I hope it never slows down- you won't like the "reality check". I saw a lot of this kind of attitude in the Upper Midwest during the 90's boom. We were catching up on a lot of pent up demand for work that had been deferred for a long time. Lot's of guys who never went through the tough times really thought the money they were making was because they "really" were better than someone else---harder working, smarter, etc. When it busted up there- we saw a lot of kids selling boats, houses, tools, shop space---- and they were clueless about how it fell apart-or how to tough it out. When your neighbor loses his job or your best account folds- youre out too. "But for the Grace of God" kiddo...The Grace of God [/QUOTE]
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The Water Cooler
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1% tip, on expensive lunch. **and my rant on pay, gratuity, and salary jobs**
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