General Discussion
In reply to the discussion: You know what, f*ck Capitalism... [View all]Lurker Deluxe
(1,036 posts)I know what you are suggesting.
How would it work, give me an example.
Me and two friends want to start a business building machine parts.
One has the manufacturing experience, one has the connections to be able to get market share, the other is an accountant. We each have $100K we can invest and we pool our resources and buy the needed tooling, rent a building, begin to bid work. We lose another $250K over the next two years before we begin to turn a profit and need to hire help. We have to cut the new help in on the profit? Why would we do that? How would we expect to get our equity, both money and effort back out of the business?
Explain how a small business would even start. I am not going to listen to someone who has never actually done anything, except work in the college system, tell me how it should work. You tell me.