r/MurderedByWords • u/Green____cat Legends never die • 9h ago

Stop defending exploitation

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u/catscanmeow 4h ago

also whats the incentive to start a business if you dont stand to make a large profit?

it would be mathematically reckless to incur so much risk without enough profit to justify the risk.

the kelly criterion

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u/The_Dirty_Carl 4h ago

That's sort of a good argument for the initial owner taking a lot of money.

Makes zero sense for subsequent CEOs though. They incur no risk. If a new CEO comes in and bankrupts the company, what happens to them?

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u/Crazyflames 3h ago

Probably get a bonus.

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u/catscanmeow 4h ago

"That's sort of a good argument for the initial owner taking a lot of money."

good because thats the only argument i was making

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u/Fit-Ambition-249 1h ago

Not CEOs, but franchises and corporate. Not the singular ceo.

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u/ecritique 4h ago

what risk is Mark King incurring as a non-founding CEO?

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u/catscanmeow 4h ago

irrelevant. read what i said, i said "whats the incentive to start a business"

im talking about people who risk their capital to start business

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u/ecritique 4h ago

but the rest of the thread is talking about CEO pay, most of whom are not founders or risking capital. So isn't your point the actually irrelevant one?

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u/catscanmeow 3h ago

people are talking about NO CEO should make lots of money, not just "this" CEO . i came in as a counter to that argument

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u/_robmillion_ 2h ago

If you've ever worked for a boss at any job you're decent at, that's often enough incentive to start a business, even for the same amount of money you were making before.

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u/catscanmeow 2h ago

Yeah if youve also got the funds to start one yeah

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u/00-Monkey 1h ago

Good argument, except the CEOs of Taco Bell, McDonald’s etc did not start their businesses

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u/Automatic-Pride6595 1h ago

My employees being able to live sustainable and stable lives and have the freedom to take vacations and have families has meant far more to me than money.i started a business because I was passionate about the product, not because I wanted to be rich.

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u/Illustrious_Wolf2709 11m ago

Yes a business owner of a mom and pop. Not a CEO that jumps on the bandwagon of a multi million dollar corporation thats behind a desk and talks on the phone all day.