What prevents the employees from doing what he has done? He started somewhere. My father in law came to this country with very little and started building garages for a living, making very little. He sacrificed and saved, then started buying apartment buildings in bad condition, fixing them up and renting out the units. Yes, he raised rents but he also brought the buildings up to code…replaced fire escapes and windows, appliances, everything. He charged market value, saved much of what he earned and bought more buildings. He worked until he was ninety. To hear your argument, he was a jerk creating a successful business with his own hard work because his efforts raised the value of his buildings. If he were s slumlord, he would have been “more charitable”.
What is stopping any of us from doing the same? Maybe we aren’t willing to sacrifice. He died a wealthy man but as a young man he sacrificed and worked like a dog, educating himself, learning skills, doing things himself instead of paying others, going without. He pinched every nickle and was very efficient.
You are imagining unfairness. We can ALL save and invest even if we start out poor. We can all invest time and effort.
You seem to lean toward socialism, which removes merit from the equation…the hard worker gets less than his share and the lazy are rewarded.
My son sells cars. He makes appointments whenever customers want to buy…often on his day off. When business is slow, he hangs out in service learning from the mechanics. He walks the lot and studies the cars in inventory. The kid knows every single car inside and out all the time. He pays attention to what sold, what came in. He sells like crazy. He studies the market and knows other brands as well as his own. Other salesmen complain and complain that it “isn’t fair” but stand around shooting the breeze and do nothing extra to improve their game. They won’t come in on a day off, so end up splitting commissions with whoever closed their deals. They don’t know what they have to sell, so lose opportunities. Should they be paid the same? My son books appointments like crazy…he networks and brings people into the dealership who otherwise never would have walked in the door. He does very well, better than several colleagues, and frankly nothing is stopping the others from doing the same. If they want to earn more, they can work smarter and harder.
