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28 points

Consider giving your company to your employees.

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-3 points

This is the same as owning a car, and then someone walks up to you on the street and says “consider giving your car to that man who is walking”.

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10 points
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That was really stupid.

He doesn’t contribute to your car. Your employees contribute to your company. “That man who is walking” makes no contribution to your life. Your employees do.

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-3 points
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I see what you’re saying, but the point I’m trying to make is that neither of them own the company or the car, so why should they receive that sort of benefit? If I pick trash up from the side of the road, should that land become mine? If I’m a handyman and I’ve been paid to work on someone’s fence, do I deserve a share of that fence? No.

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10 points

This isn’t a good analogy. The man who is walking is not directly contributing to the car or having anything to do with the car.

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-3 points

See my response to the other comments. I what I’m getting at is that the premise of the original comment was ridiculous and nobody will ever get on board with it, much less politicians. Instead of offering ridiculous, impossible solutions that make us look like idiots, why don’t we just go for something reasonable like a better minimum wage? Then people will be prosperous enough to start their own companies, if they desire. Not everyone wants to own their own company or share the responsibility of such a thing.

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7 points

What? Whatever else it is, it is nothing like your car example

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-2 points

Neither of them own the original thing. Just because you contribute to something, doesn’t mean you deserve part of it. Contribution was optional in the first place, and in the case of the employee, they are paid.

Instead of posing ridiculous arguments like trying to distribute companies among “the workers”, most of which probably don’t even care in the first place, why not just fight for a better minimum wage so its a non-issue?

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60 points
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It is a C Corp. Ownership is split between the senior staff, and I am not a majority holder and I am nowhere near the highest paid employee. Every senior staff hire gets ownership.

CEO doesn’t mean owner. In my case I am more of club coach managing a bunch of star athletes.

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4 points

Maybe look into seeing if everyone else would be ok with that as an exit strategy? It’s being tried in a few places and there’s a firm(s?) that guide ownership who wants to sell to the employees.

Very context dependant, I’d imagine

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19 points

Sounds like you did consider it, youre definitely one the good ones.

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28 points

Thank you but I need to reiterate that I do not own or start the company. I am an employee serving the role of Chief Executive Officer. The ownership scheme was discussed and voted on by the then shareholders (myself included).

This strategy makes business sense. We are a small, boutique firm that competes directly with some of the biggest companies in the world. By offering a stake in the company we are able to hire top talent away from the big guys and we can protect ourselves from poachers.

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