The Department of Consumer and Employment Protection had heard that a farmer was not paying proper wages to his employees and sent an agent down to interview him.
“I need a list of your employees and how much you pay them,” demanded the agent.
“Well,” replied the farmer, “there’s my farm hand who’s been with me for three years. I pay him $700 a week plus free room and board.The cook has been here for 18 months, and I pay her $750 per week plus free room and board. Then there’s the half-wit who works about 18 to 20 hours every day and does about 95% of all the work around here. He makes about $30 per week, pays his own room and board, and I buy him a bottle of booze every Saturday night. He also has sex with my wife occasionally.”
“That’s the guy I want to talk to—the half-wit,” said the agent.
“That would be me” replied the farmer.
Pay yourself first!
I know from first-hand experience how easy it is to go into debt, borrow money from your friends, and max out all your credit cards to meet payroll, while taking nothing for yourself save the promise of sweat equity in the future success of the venture. Don’t do it! Don’t even think about doing it!
Demand a paycheck for yourself. Then demand profits. Do not just be satisfied with get- ting a paycheck. The opportunity cost will kill you if the work doesn’t!
If you are not getting paid, you are not in business!
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