Finance 101: Could You Run A Successful Small Business?

[Koolaid_Man]

Hiring and Firing, worker production, and company finances...- by your effing boy Koolaid Man...



Let's say you’re looking for the 'perfect', well rounded/ educated candidate who by the way demands a high salary (as many people do in this country) what’s your criteria / decision for hiring? Take a look at these two candidate resumes, they're both currently employed but looking for a new job at your firm.



Candidate #1.) College educated with a degree – (from a highly regarded ins ution in the country). His current job production (in his line of work) shows that he averages 11 and 5 and will earn a salary of 21 million for 2012. He accounts for a whopping 36% of teams total salary cap while only contributing 11% from a points scored, 13% for rebounds, and 11% from an assists perspective in those respective company categories.





Candidate #2.) High School educated with a diploma - (from an urban black school in Philadelphia). His current job production ( in his line of work) shows that he averages 28 and 6 and will earn a salary of 25 million for 2012. He accounts for a whopping 43% of teams total salary cap while contributing 30% from a points scored, 15% for rebounds, and 28% from an assists perspective in those respective company categories.


Both come to your office with a resume in hand that you’ve already vetted. As a business man who would you hire? Who do you think would give you the most value for your dollar while helping your company earn the most revenue ( and improve Stock performance ) while receiving fair compensation?


this one for you Cully

[ElNono]

What's the outlook long term? Do they both come off the books at the end of the year?

Do monkeys run successful small businesses?

[4>0rings]

No need, someone will always bail you out.

[Spur_Fanatic]

Fair enough, this is my assesment:

High School educated with a diploma - (from an urban black school in Philadelphia).

Once I read that from candidate 2, I inmediately pick candidate 1.

Still... following Kool's standards:

1) Candidate 1 is on a 1-year probation status. Once that year is over, he is gone, Or I may employ him for much less. And I don't see why not, he is a good worker, and a positive influence on the work space and on the younger workers. Certainly, a good prospect for management. Has been loyal for years.

2) Candidate 2, on the other hand, I have to pay him more, and his contract is for 3 years. And for every year that pass, I have to pay him more and more, while his production drops. No loyalty to the job. He is also a malign influence on the work space, has no desire to mentor the younger workers, it's not a team player at all. The candidate is also in the middle of a very much possible divorce, which could drag on for months (if not years). The candidate is also a known rapist, so as I have women employed as well, his hiring is not recommended.

Answered, Kool? You would hire the rapist, maybe. But then you'd have to fire all your women workers to try to keep them all safe. Which would mean a lot of trouble. A lot of settlement money. Trouble that is not compensated by the imaginary value the Candidate 2 produces.

[DUNCANownsKOBE]

urban black school? You should look into who the other alumni of his high school was. It wasn't a black school at all.

[NRHector]

look at this dumbass talking about finances when he doesn't have $500 to pay a bet

[Fabbs]

you and guseppi will be workin your new job position soon.
And it's a real money maker.
yeah I'll be CEO.

you two will be paying me to work there.

[Koolaid_Man]

Fair enough, this is my assesment:



Once I read that from candidate 2, I inmediately pick candidate 1.

Still... following Kool's standards:

1) Candidate 1 is on a 1-year probation status. Once that year is over, he is gone, Or I may employ him for much less. And I don't see why not, he is a good worker, and a positive influence on the work space and on the younger workers. Certainly, a good prospect for management. Has been loyal for years.

2) Candidate 2, on the other hand, I have to pay him more, and his contract is for 3 years. And for every year that pass, I have to pay him more and more, while his production drops. No loyalty to the job. He is also a malign influence on the work space, has no desire to mentor the younger workers, it's not a team player at all. The candidate is also in the middle of a very much possible divorce, which could drag on for months (if not years). The candidate is also a known rapist, so as I have women employed as well, his hiring is not recommended.

Answered, Kool? You would hire the rapist, maybe. But then you'd have to fire all your women workers to try to keep them all safe. Which would mean a lot of trouble. A lot of settlement money. Trouble that is not compensated by the imaginary value the Candidate 2 produces.

I presented a simple question, reasonable hypothesis based on empirical data and you give me in return gossip and unsubstantiated conjecture.

Run your business into the ground if you insist...

[Spur_Fanatic]

Oh, my. Look at him go. You got schooled.

So much for your troll attempt, bro.

[Koolaid_Man]

look at this dumbass talking about finances when he doesn't have $500 to pay a bet

give me a break will you..I'm trying hard but cannot pay my debts...what about pity for the poor? I get paid minimum wage which is like $5.00 / hr. perhaps I could pay over time with my foodstamps ( thanks to Obama) or I can wait until money is added to my food card account...I'm trying NRHector I really am...give a poor brother a break please...

[Koolaid_Man]

Oh, my. Look at him go. You got schooled.

So much for your troll attempt, bro.

It's your business..be my guest...

[ElNono]

Monkey Business