Posted by
drpete on Friday, January 09, 2009 1:00:51 PM
To All My Valued Employees,
There have been some rumblings around the office about the future of
this company, and more specifically, your job. As you know, the economy has
changed for the worse and presents many challenges. However, the good news is
this: The economy doesn't pose a threat to your job. What does threaten your job
however, is the changing political landscape in this country. However, let me
tell you some little tidbits of fact which might help you decide what is in your
best interests.
First, while it is easy to spew rhetoric that casts
employers against employees, you have to understand that for every business
owner there is a back story. This back story is often neglected and overshadowed
by what you see and hear. Sure, you see me park my Mercedes outside. You've seen
my big home at last years Christmas party. I'm sure; all these flashy icons of
luxury conjure up some idealized thoughts about my life.
However, what
you don't see is the back story.
I started this company 28 years ago. At
that time, I lived in a 300 square foot studio apartment for 3 years. My entire
living apartment was converted into an office so I could put forth 100% effort
into building a company, which by the way, would eventually employ you.
My diet consisted of Ramen Pride noodles because every dollar I spent
went back into this company. I drove a rusty Toyota Corolla with a defective
transmission. I didn't have time to date. Often times, I stayed home on
weekends, while my friends went out drinking and partying. In fact, I was
married to my business -- hard work, discipline, and sacrifice.
Meanwhile, my friends got jobs. They worked 40 hours a week and made a
modest $50K a year and spent every dime they earned. They drove flashy cars and
lived in expensive homes and wore fancy designer clothes. Instead of hitting the
Nordstrom's for the latest hot fashion item, I was trolling through the Goodwill
store extracting any clothing item that didn't look like it was birthed in the
70's. My friends refinanced their mortgages and lived a life of luxury. I,
however, did not. I put my time, my money, and my life into a business with a
vision that eventually, some day, I too, will be able to afford these luxuries
my friends supposedly had.
So, while you physically arrive at the office
at 9am, mentally check in at about noon, and then leave at 5pm, I don't. There
is no "off" button for me. When you leave the office, you are done and you have
a weekend all to yourself. I unfortunately do not have the freedom. I eat, and
breathe this company every minute of the day. There is no rest. There is no
weekend. There is no happy hour. Every day this business is attached to my
hip like a 1 year old special-needs child. You, of course, only see the fruits
of that garden -- the nice house, the Mercedes, the vacations... You never
realize the back story and the sacrifices I've made.
Now, the economy is
falling apart and I, the guy that made all the right decisions and saved his
money, have to bail-out all the people who didn't. The people that overspent
their paychecks suddenly feel entitled to the same luxuries that I earned and
sacrificed a decade of my life for.
Yes, business ownership has is
benefits but the price I've paid is steep and not without wounds. Unfortunately,
the cost of running this business, and employing you, is starting to eclipse the
threshold of marginal benefit and let me tell you why:
I am being taxed
to death and the government thinks I don't pay enough. I have state taxes.
Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers
compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man
to manage all these taxes and then guess what? I have to pay taxes for employing
him. Government mandates and regulations and all the accounting that goes
with it, now occupy most of my time. On Oct 15th, I wrote a check to the US
Treasury for $288,000 for quarterly taxes. You know what my "stimulus" check
was? Zero. Nada. Zilch.
The question I have is this: Who is stimulating
the economy? Me, the guy who has provided 14 people good paying jobs and serves
over 2,200,000 people per year with a flourishing business? Or, the single
mother sitting at home pregnant with her fourth child waiting for her next
welfare check? Obviously, government feels the latter is the economic stimulus
of this
country.
The fact is, if I deducted (Read: Stole) 50% of
your paycheck you'd quit and you wouldn't work here. I mean, why should you?
That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I
agree which is why your job is in jeopardy.
Here is what many of you
don't understand ... to stimulate the economy you need to stimulate what runs
the economy. Had suddenly government mandated to me that I didn't need to pay
taxes, guess what? Instead of depositing that $288,000 into the Washington
black-hole, I would have spent it, hired more employees, and generated
substantial economic growth. My employees would have enjoyed the wealth of that
tax cut in the form of promotions and better salaries. But you can forget it
now.
When you have a comatose man on the verge of death, you don't
defibrillate and shock his thumb thinking that will bring him back to life, do
you? Or, do you defibrillate his heart? Business is at the heart of America and
always has been. To restart it, you must stimulate it, not kill it. Suddenly,
the power brokers in Washington believe the poor of America are the
essential drivers of the American economic engine. Nothing could be further from
the truth and this is the type of change you can keep.
So where am I
going with all this? It's quite simple. If any new taxes are levied on me, or my
company, my reaction will be swift and simple. I fire you. I fire your
co-workers. You can then plead with the government to pay for your mortgage,
your SUV, and your child's future. Frankly, it isn't my problem any more. Then,
I will close this company down, move to another country, and retire. You see,
I'm done. I'm done with a country that penalizes the productive and gives to the
unproductive. My motivation to work and to provide jobs will be destroyed, and
with it, will be my citizenship.
If you lose your job, it won't be at
the hands of the economy; it will be at the hands of a political hurricane that
swept through this country, steamrolled the constitution, and will have changed
its landscape forever. If that happens, you can find me sitting on a beach,
retired, and with no employees to worry about....
Forlornly,
Pete