back to index

Companies Just Legal Ponzi Schemes


Whisper Transcript | Transcript Only Page

00:00:00.000 | You know, the reality, and I talk about this a little bit in my first book, is that most
00:00:03.560 | companies are just legal Ponzi schemes, right?
00:00:05.780 | It's like, that's how entrepreneurship works.
00:00:07.620 | It's like, there's the boss at the top and there's the shareholders and there's all the
00:00:10.960 | employees.
00:00:11.400 | And the way that you build a profitable business or have, you know, a successful company is
00:00:15.620 | that you need to get some level of return on your investment on your employees.
00:00:19.320 | Naturally, entrepreneurs default to trying to get as much out of their employees, you
00:00:23.700 | know, as they can, right?
00:00:24.640 | It's like the revenue multiple or profit multiple that you get for your employees.
00:00:27.500 | And so your company is always going to set limits and they're going to try to push those
00:00:31.320 | limits and they know more about those limits than you know about those limits.
00:00:34.400 | And they're thinking about you, the person, and they're like, how do I give this person
00:00:38.180 | enough to keep them happy and to keep them here and to stay?
00:00:41.640 | They're thinking about how to keep you just happy enough.
00:00:44.340 | So this is important.
00:00:45.340 | If you just accept what they're offering you, if you don't go in and push a little bit where
00:00:49.960 | you can, naturally, you're going to get pigeonholed with a lot of limits around your life that you
00:00:54.380 | didn't set.
00:00:54.960 | And it's going to be difficult to escape from them.