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yurbud

(39,405 posts)

26. hmmm...you don't think anyone gives up a high paying job because they want to do a particular thing

Reply to TBMASE (Reply #7)

Wed Jun 13, 2012, 01:41 PM

Jun 2012

even if it means making LESS money?

I think you are confusing the MBA/finance view of business with how people actually operate.

Robert Reich described it as "psychic rewards" once, the intangibles you get from a job that are more valuable than the financial to many people.

And in some professions, it's not about making the most money possible, but doing what you love and making enough to live comfortably.

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Has a privately owned business ever turned into a co-op? [View all] yurbud Jun 2012 OP

It is my opinion that there are many young people/students around the Occupy who are patrice Jun 2012 #1

on the topic of small business to co-op? I'd like to see the best of what you found. yurbud Jun 2012 #4

Probably in my WishList on Amazon. Not sure how many were on that specific topic. patrice Jun 2012 #9

do you remember your search terms or have a link to that wishlist? yurbud Jun 2012 #13

Amazon wish list: Cooperatives patrice Jun 2012 #23

thanks! yurbud Jun 2012 #27

Most people don't intend for their business to do anything but make money TBMASE Jun 2012 #2

it may not be a majority but some people care about the actual work they do yurbud Jun 2012 #3

I'm sure they do but they aren't investing in a business to not make money TBMASE Jun 2012 #7

hmmm...you don't think anyone gives up a high paying job because they want to do a particular thing yurbud Jun 2012 #26

SAIC was entirely employee-owned for many years before it went public slackmaster Jun 2012 #5

why did it go from employee owned to public? yurbud Jun 2012 #11

Because selling stock is a way to raise capital for expansion TBMASE Jun 2012 #18

how do co-ops raise capital? yurbud Jun 2012 #21

When only employees and retirees can own shares, it is more complicated to price and buy/sell shares FarCenter Jun 2012 #22

Bob's Red Mill GoCubsGo Jun 2012 #6

Awesome products too!!! I buy lots of it. patrice Jun 2012 #10

I love their 8-grain cereal. GoCubsGo Jun 2012 #19

wow--I buy their stuff all the time and didn't even know it was a NW company. yurbud Jun 2012 #16

Hey! That was my answer! MissB Jun 2012 #33

Farmer co-ops were the way to succeed in the old days. geardaddy Jun 2012 #8

wasn't that sort of what granges were originally about? yurbud Jun 2012 #12

I think so. geardaddy Jun 2012 #14

thanks! yurbud Jun 2012 #15

Monsatan... good one! Zalatix Jun 2012 #29

There's a taxi company in DC, and the supermarket chain WinCo is employee owned. Egalitarian Thug Jun 2012 #17

Gar Alperovitz talks about this I think, maybe not specifically about conversions,but certainly Agony Jun 2012 #20

I've been thinking along the same lines myself. Cleita Jun 2012 #24

it would be great if it could be done with a high profile business to get some publicity. yurbud Jun 2012 #25

I think Winco might be an example. Zalatix Jun 2012 #28

employee owned is an improvement, but doesn't it leave the door open for backsliding into a regular yurbud Jun 2012 #30

Not sure either way. Zalatix Jun 2012 #31

The John Lewis Partnership in the UK muriel_volestrangler Jun 2012 #32

great addition to the discussion and inspiring example yurbud Jun 2012 #34