back to indexCompanies Just Legal Ponzi Schemes

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 00:00:11.400 |
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 00:00:24.640 |
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. 00:00:45.340 |
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 00:00:54.960 |
And it's going to be difficult to escape from them.