Quote:
Originally Posted by gleem
It's a private corporation, the CEO and many times the owner of the company is entitled to whatever he wants, his biz, his decision. If I had enough money in my biz to pay myself 1000X my employees, it's my money, and if the employees don't like it, they can quit (proving it was a bad decision on my part), but as my company I can do whatever the fuck I want and I don't need a govt' to stick their noses in my business and tell how much I'm allowed to earn off my own business.
If it's a publicly traded company I think it's a bit different since the company and CEO are answerable to the shareholders. Nothing is worse than seeing CEO's being paid millions a year in salary and given 100million in stock options, then the CEO runs the company in the ground and is rewarded for it at the expense of the stock holders. SEC should have some rules setup that they can't do that in a way that screws the shareholders, and as a shareholder you would have the right to demand they change this practice.
If you don't have ownership interests of the company, or are an employee of the company, you should stop using the companies service or buying the companies products if you don't like their biz practice. Otherwise, stop whining and get to work on your own deal.
That's stupid. Most successful people I know did it themselves with little help and nothing more than hard work. The idea of "luck" is being there and knowing where to look and how to execute an opportunity. Opportunities are everywhere but you will never find them if you are busy doing nothing but bitching about your misfortunes.
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People always say, stop whining and get to work on your own deal but its a mathematical impossiblity for everyone to be successful. Society wouldn't function properly if everyone was. So what do you say to the % who will simply never be successful no matter how hard they try?
I also don't know what you consider as rich. I don't consider someone making 335k a year rich. A recent artcle said that rich is defined as having 26 million dollars. I don't know if i'd go that far but i'd say you have to make at least 1 million a year to be barely 'rich'. Opportunities might be everywhere but you need the right idea at the right time. Launch facebook in 1998..it would of most likely failed but in 2004-5, it was just what people wanted at the time and it blew up huge. Zuckerberg happened to be the right age to understand the demographic and the programming behind it. Had he been 10 years older, he wouldn't of. Or look at 'domain king Rick Schwartz. Had be been born 15 years later or earlier he never would of been able to register all of the great .com's that made him millions. Would he of been successful elsewhere? Very possibly but not there.