advancement

Work ethic, income, advancement, and business ownership

Just saw this: “Never let your boss convince you that ‘work ethic’ is working extra hours for free. It’s the same as writing a check to the business owner.”

Technically that’s true, a good observation, and I can’t argue with it.

Conversely, when I got out of college, my wife’s grandfather told me the phrase, “If you do more for what you’re paid to do, you’ll eventually be paid more for what you do.” As an employee, I made a lot of money with his philosophy, rapidly doubling and tripling my income.

Later, as the owner of a small business, I didn’t mind it when employees didn’t work overtime – and we always paid for overtime. I respect people who want to work forty hours a week and have a balanced life. But I also knew that those people would never become partners in our business. I never thought of it as good or bad, just a fact of business life.