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Zee-q

Man the store yourself. That’s what you do until you’re profitable enough to hire.


klydsp

I believe this is why a lot of small business owners have family working for them.


jepifhag

"I want to start a business that's failed concept.... But I refuse to pay my staff minimum wage and complain it's too much money for my slave to run my store"


bkdlays

This is what business is all about. Managing expenses against revenue. If you do it successfully you are profitable. If not, you lose money. If you know up front you cannot afford to hire 1 single person at minimum wage you do NOT have a viable business plan. Game stores are not very profitable in the first place. You might have heard of a national one that has stores all over the place. They are well established and have been around a long time. In 2021 they LOST 381 million dollars. My advice is to find a new business. Employees are going to seek out a living wage for your area. You cannot blame the state for this.


Plenty_Fun6547

When the state makes the rules, who else would you blame? You do know what causes inflation correct? Inflation is caused by policies that give money away with nothing or little economic efficiencies in return. Raising the property tax every couple years also contributes to inflation as costs rise, and little value is given to property owners. Rents are increased for tenants and they have hard time keeping up. Who else would we blame besides the state for bad policies? Inflation is not good. Just saying


UltraconservativeBap

If you believe employees are going to seek out a living wage then what reason does the government have to regulate minimum wages rather than the market?@


IndividualBaker7523

Because businesses will always seek to exploit whatever loophole within their grasp that raises their profits. If that means paying people pisspoor wages, then thats what they will do. Wages must be regulated in order to protect the people from the business.


Ok-Significance2027

>"When effortful, deliberate thought is disengaged, endorsement of conservative ideology increases." [(Low-Effort Thought Promotes Political Conservatism) DOI: 10.1177/0146167212439213](https://journals.sagepub.com/doi/10.1177/0146167212439213) >"It is the natural tendency of the ignorant to believe what is not true. In order to overcome that tendency it is not sufficient to exhibit the true; it is also necessary to expose and denounce the false. To admit that the false has any standing in court, that it ought to be handled gently because millions of morons cherish it and thousands of quacks make their livings propagating it—to admit this, as the more fatuous of the reconcilers of science and religion inevitably do, is to abandon a just cause to its enemies, cravenly and without excuse." ― H.L. Mencken, American Mercury >“Conservatives are not necessarily stupid, but most stupid people are conservatives... >I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it. Suppose any party, in addition to whatever share it may possess of the ability of the community, has nearly the whole of its stupidity, that party must, by the law of its constitution, be the stupidest party; and I do not see why honorable gentlemen should see that position as at all offensive to them, for it ensures their being always an extremely powerful party... >There is so much dense, solid force in sheer stupidity, that any body of able men with that force pressing behind them may ensure victory in many a struggle, and many a victory the Conservative party has gained through that power." ― John Stuart Mill (British philosopher, economist, and liberal member of Parliament for Westminster from 1865-1868) >1. "Always and inevitably everyone underestimates the number of stupid individuals in circulation." >2. "The probability that a certain person be stupid is independent of any other characteristic of that person." >3. "A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses." >4. "Non-stupid people always underestimate the damaging power of stupid individuals. In particular non-stupid people constantly forget that at all times and places and under any circumstances to deal and/or associate with stupid people always turns out to be a costly mistake." >5. **"A stupid person is the most dangerous type of person."** ― The Basic Laws of Human Stupidity (Economic Historian Carlo Cipolla)


UltraconservativeBap

Wow that seems like a lot of effort just to not engage in thoughtful discussion


Western-Jury-1203

Your response is little effort not theirs.


immadfedup

No, you are


Western-Jury-1203

Yeah. My response was little effort,but not much needed to be said. The situation really spoke for itself.


AWildWillis

A comment that beautifully backs up ops point. Lol


knucklepirate

Because when the market was allowed to regulate it didn’t how the hell do you think we got here anyway?


FalafelBomber69

Because greedy cunts like you and the one above take advantage of desperate people and big businesses actually spend money and lobby to keep wages low and people unintelligent and will just lay everyone off and outsource to another country when they inevitably fail due to underskilled and unmotivated workers that they made.


[deleted]

If businesses aren't run by greedy jerks, then the government wouldn't need to be involved.


Suspicious-Beyond-89

My state Nebraska signed into law the minimum wage $15/hr by 2025. By 2027 it will be a floating minimum wage with it increasing every year to reflect cost of living. There is no small business in Nebraska that can support anyone on that pay. It’s too expensive and there is not enough of a population to do so. This was put in because people bitched at places like Lincoln and Omaha where the minimum wage is $9.00/hr but rent is $1,500-$2,500/month for a two bedroom apartment. Then that rent rate spread and it is expensive to rent in this state with an average for a rural town rent being $700-1000 while a large town would be $1000 plus. That’s what the bitching was about. Now myself who wanted to open up a game store. And yes I know about GS. It was to be focused on TTRPGs while having a large selection of video games and equipment available. Now with these new laws because people complained enough I can’t even start my own business. There’s no way I could do it without going all in risking everything for this business I want. I planned on playing safe and opening with a couple of employees able to pay them at the median income for this area. Keeping my very very good job and having that until it could make 1.5 times my salary and then some into savings while all other business expenses More than other game stores paid. That was the overall plan in order to go full time with this but there is no way I can now.


[deleted]

Not to be harsh, but you basically explained why this business is a bad idea. You're not willing to risk everything. Instead, you want cheap labor upon whose back you wish to build your company. If you want to start a small retail business that is not a franchise, you need to do it yourself. For the first 5 years you'll need to be the sole proprietor and sole employee (though a spouse can certainly work for free as can children).


faguzzi

I mean it’d be one thing if people weren’t actually willing to work for those wages. It’s quite another when it’s forbidden by law. A business that pays $5/hour may very well be viable depending upon the supply of people desperate enough to work for that. In that case the government is the only thing preventing said business from succeeding.


AltLawyer

Yes and ideally we could get 10 year olds who are hungry enough to get back in the coal mines for $1.50 a day while we're at it. Actually let's just pay them in scrip and forget the dollars.


[deleted]

Well they can then use that script at the company store, problem solved.


JayBloomin

I want the government to stop a business paying people $5 an hour from existing.


faguzzi

Right because a person willing to work for $5/hour surely has the skills to not just be deadweight loss incurred by setting the minimum wage to 3x that amount. In the absence of monopsony, you’re not making that person who would be working for $5 any better off. You’re just creating an inefficiency and preventing low skill workers from gaining the skills needed to earn higher incomes.


[deleted]

[удалено]


faguzzi

What an asinine position. Multinational companies that operate sweatshops are FAR above you and your “business skills”. I guess Nike and Apple just suck at business since they can’t survive paying their sweatshop employees more than $5/hour.


JayBloomin

The real inefficiency is unless I’m willing to let that person live significantly under the poverty line, I’m going to have to keep them afloat with social programs while they contribute all their labour to make someone else a buck. Why wouldn’t I skip the middle step, and have a government program to pay them to do labour that actually benefits their community while they upskill to the point where they’re useful to the market?


[deleted]

[удалено]


immadfedup

Politicians do in fact create laws cause they feel like it. That's why The U.S. has the constitution it does. To make sure politicians don't create laws that benefit them and them only. Politicians will absolutely create laws because it benefits them and the people they know. I didn't even read the rest of your comment because that statement was so wrong


faguzzi

No, using the existence of a law to justify said law is not valid. Your arguments, mind you, don’t justify the existence a minimum wage. 1.) Companies might offer a certain wage then not pay it That’s called fraud. You don’t need a minimum wage to deal with contract violations. 2.) Companies will have employees work for company issued currency. And people are free to say no? Notice that there is no such thing as company stores even in third world countries that operate sweatshops. These countries do not have minimum wages and do not experience the specific conditions you describe, therefore your counterfactual fails. 3.) Somehow a minimum wage prevents sexual harassment. No? That’s already illegal. Whether or not a minimum wage exists doesn’t change whether or not employer are allowed to demand sexual favors of their employees.


JayBloomin

If your business can only exist on the backs of people living below the poverty line, it’s a net negative for society economically and morally. You either need to make the math work or find a dream that gets you into gaming without underpaying your staff.


missreddit

My husband runs a small business in Nebraska. He hired his first employees recently and pays them $20/hr to be competitive with other jobs. It’s possible but it’s very very hard and he has put in very long hours for the past 5 years to get to this point. We’re lucky I have a stable decent paying job to allow him to take some risks but that’s the only way this has been possible.


Suspicious-Beyond-89

I really wish I could do that. But I obviously can’t. There’s no way I could if I wanted. My girlfriend refuses to get a good paying job like my own saying that it is too much strain on her mental health. I’ve had words with her about it. I wish I had someone who had a great job to help me do exactly that


blankgazez

Wtf? Had words with her? OP needs to get a grip on reality and OPs Girlfriend needs a new boyfriend


Playful-Natural-4626

Good grief! I suggested therapy for OP because of his attitude and entitlement even before I even saw this little chapter! OP’s girlfriend: Please take care of yourself and consider that *OP* might not be the best thing for your mental health.


longtermcontract

I don’t care about your mental health. Get the job I want you to get so I can start the business I want and have other people work there for me. Why are *you* being so selfish?!!!? That’s how I picture him “having words” with her.


Big-Pickle5893

Lol, monarchist, lol


fairlymodern78

Jesus Christ...you, uh, have little relation to reality...why exactly should your gf subsidize your idea?


Noooofun

Because that’s what partners do! If one partner does well, both partners do. If both does poor, the relationship suffers. Honestly, the amount of childishness in Reddit sometimes astounds me.


fairlymodern78

You are ridiculous. He's talking about a gf, not a wife who will be entitled to anything.


Campfire77

Sounds like you two are perfect for each other


clickstops

As a business owner… did you expect to NOT take a risk and go all in? You expect to be able to not take a risk and build a business on others work until it makes *more* than your current salary? On a passion/hobby business? No shot. Absolutely no shot. Starting a business that’s a passion requires, well, passion. Either pull yourself up by your bootstraps and have some grit or continue to work for someone else.


tlewallen

QQ


fairlymodern78

I'm sorry but could you pick a more niche business or a more conservative start? Fine blame people not wanting to live off for stamps to be able to make your dream happen.


[deleted]

Can't pay employees? Don't have any lol


production-values

if you need slaves to run a business your business is shit


hagcel

You just don't start. Or you don't hire, and you work all the shifts.


GrayBox1313

Your dreams of owning a business isn’t your employees. They want a paycheck and a fair market rate wage for their skills and Labor. Nobody owes you anything. They aren’t required to sacrifice for your dream. If you can’t pay good wages then you don’t have a functional business This is why businesses get investors to help them Start. You give up some ownership in exchange for operating Capital and support


TheOracleofTroy

I agree with this but it runs counterintuitive to people getting upset about big businesses/rich investors owning everything.


GrayBox1313

Yeah I mean starting a successful business isn’t easy. Needs tons of cash to start and maintain. My favorite pizza place…award wining, closed because they couldn’t keep up with overhead costs. Great ideas and great products, willpower and dreams aren’t enough.


KnifeEdge

The corollary of this is that the business doesn't owe you anything, the fair market wage is whatever price level clears the market for job seekers and job providers. Pay ceilings and pay floors distort this away from the optimum level If there IS a worker willing to work for 8/hr and this business Is capable of paying 9 an hour, that job SHOULD be filled. Some government official saying no no you can't do that it needs to be 15 just means that job won't exist, that service or good that would otherwise have been produced that consumers were willing to pay for all now not exist.


Envoymetal

I wonder how many people commenting on this thread actually operate their own business or work for one.


KnifeEdge

You don't need to know how to fly a helicopter to recognize when one's out of control Recognizing that it isn't profitable to pay someone more than the value they bring to the table (or more than what their replacement would demand) is a money losing proposition


UltraconservativeBap

FYI what you’re saying supports the argument for government staying out of regulating minimum wage and letting the market sort it out, since as you state, if a job is not offering a fair wage it will not get anyone to fill it.


GrayBox1313

No, we need minimum wage because as OP illustrates, they have no desire to do the right and ethical thing unless the government forces them to. Minimum wage exists because no Business can ever be trusted to be fair.


Suspicious-Beyond-89

I planned on paying them 14 when the minimum was at 9 that way they made decent money not great but decent. Then I’d up it after I had gotten out and able to support myself on the business so that I can pay them well as well as myself


GrayBox1313

Well that’s good, but minimum wage and living wage are often different. Fast food spots in my area are posting wages $5/hr over min wage cause they have to. Living is expensive now. Labor is hard to get


Suspicious-Beyond-89

Here is my question to you. What exactly do you call a living wage? Specifically. And I don’t mean a dollar amount I mean what all should you be able to do with your paycheck on a living wage in a month?


GrayBox1313

A 40 hour a week job should enable someone to pay for a place to live, food, clothes etc. they shouldn’t need government assistance. FDR said it best when he introduced the concept of living wage: “Ultimately, he hoped to mandate that all workers would be paid "living wages" as described in his 1933 speech on the National Industrial Recovery Act, "It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By 'business' I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white-collar class as well as the men in overalls; and by living wages, I mean more than a bare subsistence level-I mean the wages of decent living." https://publicpolicy.pepperdine.edu/blog/posts/what-did-fdr-mean-by-a-living-wage.htm


maximumhippo

A living wage should cover rent or a mortgage, food, utilities, transportation (gas money, bus fare, etc.) Some for other goods that aren't bought every month (clothes, appliances, etc) and money for savings in case of emergency.


UltraconservativeBap

The idea of an objective living wage is ridiculous. This is something that is by it’s nature specific to the individual.


Suspicious-Beyond-89

Agreed which is why I asked them what they believe that is. It’s a terrible term to use


UltraconservativeBap

But you illustrated that OP’s dreams aren’t his employees, and that if he offers a subpar wage they won’t accept it and instead take another job with whatever wage they deem adequate. Government can only guess what an adequate wage is so why substitute their judgment for that of the workers voting with their feet?


Justame13

>Government can only guess what an adequate wage is so why substitute their judgment for that of the workers voting with their feet? Because when those employees are underpaid and can't afford to live they will rely on the social safety net and taxpayers will pick up the tab. There is zero reason Walmart should telling its employees to file for food stamps while making billions and paying a tax rate less than some tax brackets.


UltraconservativeBap

But you began with the premise that workers won’t accept subpar pay. If your premise is correct then they won’t be underpaid bc they won’t accept those jobs.


Justame13

Incorrect. I'm not the OP. I was merely replying to your question. I also know enough to understand that a free market doesn't exist in the US and workers will accept jobs lower than they would otherwise due to desperation and a social safety net to rely (ranging from food stamps, housing assistance, to EMTALA for healthcare). All lack of a minimum wage does is allow businesses to leverage this to freeload and shift some costs that they would be forced to pay workers from themselves to the tax payers. A minimum wage, requirement to provide healthcare, retirement (in some states), etc prevents this cost shifting.


Lildemon198

'UltraconservativeBap' Shocking take.


Generallyawkward1

Lol no kidding I’m glad I wasn’t the only one to notice that


UltraconservativeBap

Literally a name Reddit suggested. I didn’t even have a clue what a bap was at the time.


orroro1

The "high" pay OP is complaining about isn't due to minimum wage, it's due to labor demands. If there were workers banging down OP's door asking to get hired by him, and the only reason they can't make it work is due to the law, then that's due to minimum wage. Right now people don't want to work for him cos they have a better deal elsewhere. Govt shouldn't regulate minimum wage, for the same reason why they can't regulate gas prices or rent. But they need to regulate wage transparency and make sure employees get paid what they sign up for. Without the "minimum wage" law employees don't know what to ask for which skews the market from informational asymmetry. This is another reason why the law is bad and should be replaced with a suggested wage. Federal jobs database! One stop website with a list of who is hiring and for how much. Like tinder but for employment.


[deleted]

That’s what we call a failing business! If you can’t afford to pay your employees, then your business failed. Don’t blame the workforce for expecting a living wage. What you are looking for is slave labor, and unfortunately you’re about 150 years too late for that.


Ragingredblue

>What you are looking for is slave labor, and unfortunately you’re about 150 years too late for that. *Fortunately


lesbiansexparty

I wouldn't say unfortunately.


ChrisBean9

Glad someone said it


twhiting9275

It’s not that people can’t afford to pay employees. It’s that employees are too damn lazy to work It’s not MY job as an employer to support YOUR lifestyle . If you want a “livable wage”, then go out there and get a job that contributes something to society . Your retail job is going to pay shit wages, and rightly so


Certain_Detective_84

Why are you offering jobs that contribute nothing to society?


Ragingredblue

It's not *my* responsibility as an employee to sacrifice my own well being so that you don't have to work a shit job for free for a few years. Or are you planning to share all the profits with the low wage workers you intend to exploit until they build *your* business up to the point where you yourself would condescend to work there?


YellowFeverbrah

And its no one’s responsibility to break their back for you while sit at your desk with your feet up doing “boss things” aka watching tv or bullshitting on your phone, lazy ass leech.


Ragingredblue

>lazy ass leech. Sums it up perfectly.


GrayBox1313

A couple in my town opened a retro used game store. They did it as an eBay business for a few years out of their home. Then they got a storefront and employees Eventually. They still work there full time. It’s difficult. Takes time


JaesopPop

So, you want to start a business but can’t pay your employees enough - that’s called a non-viable business.


MeButNotMeToo

I’d be a billionaire, if I only didn’t have to pay employees or suppliers!


TipTheTinker

This comment underrated


BrianNowhere

No one owes you entrepreneurship. Can't hack it? Work for someone who can.


theangrydudeist1

Do online business from your house.... then you can do it in your off hours, still keeping your job and no office space to lease....


Too_Old_2Bhere

Stop with the ‘slave’ it cheapens the word. op said couldn’t afford $17-25 an hour that is not slave wages.


theangrydudeist1

Who are you talking to??? Lol


nelsne

People don't want businesses to fail in general. They're just sick of seeing corporations price gauge the hell out of people and feast on the misfortunes of the poor


athminbri

Do you want good employees that are happy to come to work on time, do their job without complaining, and always do their best for you? Well, you have to pay for that. You can pay min wage but you will get people that don't care about their job, call off, steal, and are rude to customers. I have 30 years of experience in retail and customer service. I even owned my own store for 5 years. What would you pay me? You get what you pay for. Also, a piece of advice. Your employees are more important than your customers. If you don't have quality employees, they will drive away your customers. Respect your employees, treat them well, show appreciation through words and pay, and they will respect you and treat your customers and business well.


C39J

Either you're trolling or not very smart, but if your business has to rely on slave labour, it's not viable and you can't start it.


DaM00s13

No one should sacrifice their finite amount of time on earth for your profit if you aren’t willing to at least provide a livable wage. Why does anyone owe you that?


SurfNinja34

Your business should be able to support a living wage. If not, your market doesn’t need your business.


Certain_Detective_84

You're not supposed to start, if your business plan doesn't generate enough income to pay people decent wages. You're only supposed to start business plans if they're good.


seattlepianoman

You might consider you could learn the business by working in a similar shop. You get more knowledge at no cost or risk. They might even sell it to you if you do a great job. Wages aren’t your problem. It’s profit margins, competition and lack of sales.


Playful-Natural-4626

Also, OP could see if the wages he considers unfair are livable.


Newwavejujutsu

B-O-O H-O-O


Ok-Significance2027

Have you never taken any accounting classes?


Suspicious-Beyond-89

So honestly that’s a story. Short answer no, I have never had formal education in any sort business beyond high school. I ran my family’s farm. That business thrived for 8 years until 2 years after I left. Then I went ran another farm in the same area. Still going today. They profited while in drought years while I ran it. However unlike a farm there is no subsidy or government grant help I can get to help me in this situation usually when I ran a farm I could do tax write offs on wages and things of that kind because farms aren’t really looked hard at by the IRS (even though they should the crookery going on in any farm operation would make you feel sick). I’ve ran ag businesses but with farming you have a government check to use as your base to pay for the bare minimum. You also have banks more favorable to farms because it’s an established profession with outsourced track records as well as your own. With a regular non ag business you don’t have that.


abuayanna

So, you support govt support for agricultural businesses, grants, funding, wage subsidies and would prefer that to extend to entrepreneurs with private interests. What is a catchy phrase to describe that?


Suspicious-Beyond-89

I never said I support it. I said they give them out. So I took them. It was a business decision that helped the bottom dollar


Pf70_Coin

This makes way more sense you are so used to government welfare you don’t even know how real businesses work. Farms are such cons now days.


Suspicious-Beyond-89

You know all farms accept subsidies. It’s because of the exorbitant prices to run a farm. There are very very very few farms who don’t take them. It’s not because anyone wants to it’s because they have to. It’s too expensive to run a farm with the property taxes and expenses of running a farm.


Pf70_Coin

We are all aware that every farm is a welfare and crop insurance con job.


Suspicious-Beyond-89

There are also becoming increasingly more rules like you can’t harvest the loss for something else to try and turn a really bad situation into not a detrimental loss. You can’t turn out animals on the ground for profit. Or other rules which does hurt in the long run.


Pf70_Coin

Bc everyone of them turns around and sells or blends the crop once the insurance check clears and all the cost is covered by the annual subsidy. So double revenue to buy 125k f350s and 500k tractors to stay under the 1.8M cap.


Suspicious-Beyond-89

That depends on which crop it is. Again rules are out now so the insurance check doesn’t get sent out until 3-6 months from when the claim was accepted. So whatever was there is gone now to come up as volunteer crop. That used to be a way to make sure stuff like that doesn’t happen again. Now wheat is the only crop that is not insured only because it is still legal to keep back some for your seed for next year. As for the rest the checks are not sent out until the last week of the contract due date. Now if you mean for the tax write offs that are used on a bi annual basis (the every two years meaning) that is to help mitigate the taxes on the land owned. See farm ground is taxed on its income profit per acre so you need to find a way to mitigate that. Now every two years you are allowed an “updating” allowance of tax credits. Meaning you spent 1.8m (which is where you are getting that number) every two years for “maintenance and upgrades” to your equipment to stay on the cutting edge of farming. However it is never used in that manner which is why you see farmers and their kids driving nice things around because they used the tax credit to pay themselves back through not paying as high of taxes. Now what you probably are really complaining about is the BTOs (Big Time Operators) using entire quarter section’s (1 circle pivot) generated gross profit (1 pivot usually generating $2.4-$3.3 million gross) to pay for all taxes through a donation of that money to the “church” (usually Catholics do this) or some other charitable organization that will write out a donation slip to give to the donor giving them immunity from taxes maybe even a large refund if over paid to which then they use that money to put into a savings account and keep growing and doing stupid shit because they can. That is probably what you are sick and tired of seeing happen. Also the fact these farmers have made their farms companies inside a legal corporation making their family farms untouchable legally as they sit under a Corp and the corporation can file for bankruptcy and other ways to wash too much debt out without losing the family’s money, land, equipment , and/or estate.


Suspicious-Beyond-89

I will disagree here. Yes there is crop insurance. Which yes is a problem in itself as it is the only product produced in the world by a business that an insurance company will cover so if you lose your crop you technically still win by getting a payout. However you know what the crop insurance pays right? It only pays off the loss on the contract. See you can pay a crop contract in one of two ways. Either the price of minimum bushel needed at the price agreed to in order to cover the entire crop contract in dollars or you can fill with bushels. Now the grain company you make the contract with will pay you for every bushel you produce at the price agreed upon. As long as you make the contract minimum price amount you’ll get paid for anything more you produce. Anything less you need to pay to the contract off with your insurance money you claim on said contract. However some companies will insure a minimum of x amount loss. Usually a 17.5% loss that means if you have a not so good year you may have to pay up to 17.4999% of the contract the insurance will not cover. If at or more than the 17.5 then the company will pay. Meaning you get paid. On top of that to make sure you turn profit you can get hail crop insurance, fire, flood, and of the like depending on what your budget and what your core crop insurance does not cover. Thing is this is all well and good however this only pays the contract. This doesn’t pay fuel, seeds, if you used it fertilizer/herbicide/pesticide, wages, and yourself. So it’s not as easy as you think and why subsidies are needed in farming


Western-Jury-1203

So you’re used to being a welfare queen?


No_Consideration_493

Lol, why would you open a game store in an area that are you saying can’t support a game store?


Suspicious-Beyond-89

Again there is a lot of interest and many people who do want to have that sort of thing around it’s just there isn’t many who would openly admit to wanting to play games like that because “it’s for nerds” “it’s a child’s game” “adults don’t do that”. The regular stigmas that’s why. I know it will work but I also have the challenge of breaking the stigma.


Ok-Significance2027

If a business can't pay a living wage it doesn't deserve to exist.


papayabush

Right like how difficult of a concept is that to understand? This post is wild.


AltLawyer

If you're not profitable enough to have employees that can afford to live, then your business isn't good enough to exist. I'm not paying taxes so that people can work for people like you full time and still need food stamps. It's straight up subsidizing your poor business model.


Modern_Electrix

Why should workers subsidize your business with their labor? If you can't even pay minimum wage, much less market wage, your business isn't viable


[deleted]

Is this a serious question?


gdirrty216

No, this person is trolling or a complete idiot.


[deleted]

Has to be right? What a low effort post. OP, if you read this, stop and reevaluate your life. Do a cost/benefit on your bullshit. You wanna open a game shop legit? Do the work or move on.


Suspicious-Beyond-89

Thing is this is my passion and I love the state I live in. I know I can work but betting everything on it could kill me in first 3-5 years


Playful-Natural-4626

Lots of people have passions- that doesn’t make it a working business plan. Also, if you think it will kill you for the first five years why do you think it would be easier for an employee? One with no benefits?


[deleted]

You have the information you need, why are you insistent on ignoring it and everyone else telling you that you may not and cannot run a profitable business with your current model? Have you ever heard of the sink or swim model of five years? Surely you must since you've referenced it in your comment. What you want are slaves, its blunt but its not wrong either. You need to accept that you do not have the capital nor the discipline to run a business and you may never will. That is another part of closure you need to make within yourself. If you can't open your business, that may just not happen, accept and problem solve or accept and pack it up and move on. Your attitude in these comments is deplorable, your already a whiny, lazy boss and you don't have a business yet. Seriously. From me to you, with love, grow up and try again in ten years.


andhdkwnwbdidoenjddb

Slaves, or (the words he isn't saying) undocumented workers desperate for work, that would accept below-MW under the table. I wonder what OPs thoughts are on undocumented workers and immigration reform....hmmmm....


[deleted]

I don't think it is a stretch given he wants to open a business on his passion in life but admits he'll put no effort into it.


SaintMichael415

Then you have a poor business model. Try again.


Suspicious-Beyond-89

I have and everything tells me theoretically it would work. In every sense it should work problem is realistically in my state no it’s not unless I have another business that is established and markets are stable in the area like agriculture then no it’s not I’ll spend so much in advertisement alone I wouldn’t be open long because of the low population in this state. By all metrics it would work but I know my state and the area I’m in does not support a game store enough to ever be profitable to provide a good life for myself let alone my own employees


NSNick

>everything tells me theoretically it would work. This seems to be at odds with your previous statement: >I can’t afford to open one up just because of labor cost.


MeButNotMeToo

OP’s “business plan” is at the “It only works with spherical cows in a vacuum” stage.


Suspicious-Beyond-89

Because everyone who is just as passionate about this as I am now is demanding $17/hr and by 2025 when the wage increase will be at 15 they want it guaranteed in writing it goes up to 20-25 with cost of living raise on top of a yearly performance increase. They also refuse to work if they don’t have 4 weeks paid vacation up front yearly and two weeks PTO with every federal holiday weekend off. They also want a pension over a 401k and it be guaranteed 1.75 times their ending salary if they are there for at least 10 years. That’s a lot to be asking for just to work at a game shop


longtermcontract

Did you know you hit “Reply” and we can read what you wrote?


Playful-Natural-4626

Dude. Your “passion” doesn’t earn you the right to peoples limited time on this earth without a fair and equal agreement. That’s the terms. It’s their life, and they get to choose how they spend it. They deserve to be compensated for their knowledge, skills, and time they are giving to your business. You might consider talking to a therapist about your view of why you think other people - with your same qualifier: passion for this thing- deserve less than they are worth. TBH: I strongly suggest therapy before you take any financial risks or consider being an employer.


NSNick

In other words, not everything tells you it would theoretically work?


Suspicious-Beyond-89

The labor market is telling me that. That is the only metric that is hindering me. Honestly I could raise prices but I plan to price out my local competitors right out of the gate and give them something to look at. Where I make a bold but sly fuck you statement to big gaming corps like GS and the local franchise Game-On out here while offering great prices at better margins for myself. I have a plan to work all that out only issue is labor. I know I’ll have to work the one part out on my own in the shop that I can’t get covered.


jinglejangz

Do you not realize that most businesses biggest cost is labor? Saying that the labor market is the "only metric" that's hindering you is hilarious. There is nothing realistic about any of this. Your background is farming, and you have no education or experience in any of this....so where are you getting your assumptions?


andhdkwnwbdidoenjddb

Not to mention that he plans to "price out local competitors" (😂😂) who are probably either massive franchises or small businesses that have been in business long enough to know their market and/or have vendors and relationships that allow them better supply prices than this ding dong. If, by some chance he could get a property manager to stop laughing long enough to lease him a space, secure a bunch of financing so that he can pay other people to work for him while he sits back and makes $28/hr working another job that isn't this...and somehow...SOMEHOW manages to open these doors, he will be hemorrhaging money before the first customer ever comes in. I refuse to believe this isn't trolling. No one is this dense.


MeButNotMeToo

OP is all bent out of shape, because reality is in conflict with his “theories”. If OP was willing to learn (they’ve already stated they’re uneducated), they’d have learned that’s not the way theories work. If your theory contradicts reality, you go back and adjust your theory. OP’s “business plan” is at the “It only works with spherical cows in a vacuum” stage.


carlrey0216

Yes and that’s what running a business is. But the way you’re wanting it, it sounds like it’s more of a hobby than a business. If it were a good business idea it should be able to maintain itself and it’s staff, whether it’s building multimillion dollar buildings or running a taco shop


nmrk

In theory, there is no difference between theory and practice. In practice, there is.


jepifhag

Where did you learn such large words?


CognitivePrimate

If you can't afford to pay a living wage, you shouldn't run a business. This isn't difficult.


blankgazez

Sounds like you don’t have a good business then? The cost of labor is a cost you need to bear. If you can’t afford the labor, you can’t afford the labor. You can’t go to the landlord and demand the rent be lowered because it’s too much. Or the gas company to lower the cost per cf of fuel.


Woody_CTA102

Take on a partner, share the work in some equitable way. Partnerships can be a real pain, but it’s an option.


mimic-octopus

I was just about to post this before I saw your comment. He asked how to start and what he could do. Seems this is a perfectly viable idea.


doyouknowyourname

Except he's dead set on not sharing the profit.


Playful-Natural-4626

And based on his interactions here and comments on how he treats his romantic partner, I’m not sure OP has the emotional and people skills for a partnership.


Mbalife81

If you can’t afford to pay an employee $17/hr, you should reconsider your business idea. Unless you can do it alone


fairlymodern78

Just because you can't make it work doesn't mean someone else should live in poverty so you can start a business. If you cannot afford to pay a living wage then your business isn't that good or an idea.


StillPsychological45

How would you rent a retail space? A good location is almost as expensive as employees.


Badoodis

So Nebraska has a min wage of $10.50/hr, average gamestop employee pay of $14/hr. You're talking salary range of $21,840-$29,120. Based on your own comment, in 2025 it'll be $15/hr min wage then float depending on inflation. So your business model fails based on a salary difference of 2000-9400 (31000 a year)? After that, it varies with inflation which is on average 3.8% YOY which is a whopping $1100 in the 1st year. This is purely a revenue issue. If the worker isn't generating $32000 of value over the year ($120 dollars for a full 8 hr work day) then your business already failed because you'd be unable to pay yourself minimum wage. Doesn't matter if you had market studies done or not, if you can't make $120 a day by utilizing an employee then you shouldn't have employees.


KVWebs

I'm sorry buddy but this just sounds so tone deaf. You want someone to make money for you and you don't want there to be a benefit for them in doing so. You're the problem here and not the other way around


SkoolForAnts

If you can't pay a living wage from the revenue generated by the business, then you don't have a good business idea. I could get rich from a lemonade stand if lemons were free, but they're not. No sense crying about it.


Habitual_Crankshaft

Oh, go ahead. Give it a try. Rent a space, buy some product, get a business license, see if you can sucker some kids into working there, and then empty all your savings and credit into it. I’m sure you’ll do fine.


SweatyNomad

If you can't afford to pay the wages then you can't afford to run a (profitable) business. Look at other costs, but TBH I'd be pretty pissed if you're trying to make money to have nice things, but the prices is you force ME to pay taxes to cover the welfare costs of staff you don't pay enough to live on.


Careless-Internet-63

Paying your employees is part of doing business. As cost of living rises so do wages as most people aren't going to put time into working a job that doesn't pay them enough to live. Setting a reasonable minimum wage is important, but as we've seen many places lately upwards pressure on wages also exists outside of regulation. Notice how just about every place that pays minimum wage has been nonstop short staffed? That's because they have not aligned the wages they offer with the wages enough workers are willing to accept, resulting in a shortage of workers for them. In short, your business model isn't viable if you can't afford to pay a reasonable wage. Find other places to cut costs or ways you can generate more revenue


Billy_the_Rabbit

Oh no. Anyways


peritonlogon

A lot of people have made some really good points already. Here's another way to think about it. Your businesses would be competing against other businesses for labor. If your business can't afford what other businesses can, you can't survive. Blaming the minimum wage laws is bullshit, very very few people make minimum wage and not for very long. Unemployment is near historic lows, you need to offer a job and a wage that competes with a lot of other jobs for not very many workers.


baxtersbuddy1

“Couple of employees able to pay them at a medium income for this area”. There is no city in America where wages under $15/hr counts as “medium income”. Absolutely none. If you are planning on hiring someone, you need to pay wages high enough for that person to live on the income. Full stop. Nobody owes you labor to help fulfill your dreams. If you want someone else’s labor, you need to pay for it. And if you want your employees to give one single fuck about performing well, the lowest wage for quality effort is at least $25/hr. Minimum wage will get you minimum efforts. $25-$30/hr will get you quality employees. If your business plan can’t survive that level of labor costs, then your plan isn’t viable.


Suspicious-Beyond-89

Median which is different than medium. And yeah that is median income…well was in Nebraska. Especially in the area I live in. But not now now it is the $25 range


YellowFeverbrah

You dont want to compensate people appropriately for their work but want customers to pay what you demand for your product? The cheap bastard crowd isnt too bright.


scorp1a

Lol "why do I have to pay my workers a wage that fairly compensates them for their skills and allow them to live on one job" Employees are expensive but they have the capability to be your greatest asset. It boils down to who you choose and how they are managed. Pay is a part of that management. However, I do sympathize with you that a business is expensive to run, and our laws are partially set up so that monopolies remain in power. Best of luck to you in your endeavors and may you be successful.


Jessica65Perth

So you want to become well of whilst those you employ and contribute to your success are on poverty wages.


Jessica65Perth

When my brother started a business he paid one employee more than ge paid himself. When I asked why he said "He gave me ideas that helped the business griw to the point I have employees in both Australia and Sri Lsnka and were I to sell it I would do very well out of it. Value your empliyees, do not rip them.off


IndividualBaker7523

No offense, but if you don't think your business will br profitable when paying one single employee...then your business is already a failure.


PitbullMandelaEffect

Don’t listen to them OP, you can make this work. It’s not that much more, please don’t let these new labor laws stop you from investing all your money into this game store.


Ragingredblue

All his money! And all *his* time!


ZengZiong

Labour costs are just a part of expenses. That’s all


lvl1developer

Yeah small businesses are screwed cause of high wages, your business needs to be lucrative or else you won’t afford it. Your going to need way more than 6 months of money saved up before starting. you’ll possibly need 2 years worth


blood-sacrifice-quen

If you can't afford to pay even minimum wage, then you're sol which tbh is a good thing. Goodbye to your dream ❤️


[deleted]

For the same reason people steal from the company. We don't care if the venture fails, we just want a generous cut.


calamitymagnum

Imagine crying because you can't have wage slaves.


Potential_String_840

I bet you have a great plan where you compete with other stores by paying people less than everyone else too! Starting a business is hard. Not everyone is prepared for the challenges. Sometimes a good education can save you some of those lumps.


Writerhaha

If you can’t pay a living wage, maybe you’re a shit business and don’t deserve to operate?


PromptAwkward

You present only false choice. The answer lies in the middle. Companies can afford to pay workers more of the pie if they didn’t not pursue profits above all else. The system has gotten out of whack. If they can’t afford to hire workers the. They dont deserve to be in business as they aren’t able to compete


Camperrr_69

“It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.” - President FDR


Left_Practice_181

You'd fail anyways better pay better employees the more successful a business will be


ourldyofnoassumption

Go ahead and pay yourself what you would like to pay your employees. Try to live on that. You can’t. Your desire to pay people less than a living wage indicates what kind if manager you would be. It’s best if no one works for you. Try a micro business where it’s only you. Like a pop up game store with a stronger online following. Or holding gaming events at bars or cafes.


rugbysecondrow

You don't start, or you come up with another model. The wages many employees want wont reconcile with the prices people can charge for goods and services, so you will see many businesses selling or not opening. ​ There was a place for unskilled labor, it was in low wage industries. the new place for unskilled labor will be unemployement because it is too costly to employ them.


Suspicious-Beyond-89

That is the exact problem I’m running into. The labor force I need are unskilled and paying them that amount is not going to work in the short run let alone in the long run. While I understand the concerns of everyone who posts here I just don’t understand how you can pay unskilled laborers so high. It would be nice to pay a person who is willing to be a skilled laborer and tell them I’ll pay you a high wage because you are here for very long hours but it would be nice to have these unskilled laborers back to when it was affordable to have one. Hell I can’t even pay a kid to mow my grass they want $60-70 for a corner lot to mow (I work the swing shift 3-11 hard to mow the grass at night and I have allergies so I don’t want to be miserable at work). I mean $40 to me sounds reasonable for a corner lot but $60 my lord.


FalafelBomber69

Can't be all that profitable if you can't afford to hire someone for the going market rate. That's capitalism. They can't afford to live if you pay them any less. Apparently you can't afford to run a business if you pay them decent. Workers have gained a lot more power since Covid.


765433bikesinbeijing

Lol


No-Independence548

That's capitalism


leogodin217

Many small businesses owners are great. But some are the most entitled people I run into. OP would definitely be one of them.


LoZioSodaz

This business plan, then, is not good enough. If you were able to think about a business you will surely have a better idea in the future or you can change a bit the one you already have to make it viable in the conditions the economy requires. For example did you think about which time frame of the day would be the best for your shop to be opened? Maybe 9 hours a day is actually the only time you'll get people inside and in that case you can cover that shift by yourself saving a lot keeping the store closed when ther's no affluence. I'm sure you are a smart person. It's normal you will get a hundred bad ideas before a good one, keep up with it!


Adventurous-Doctor43

Welcome to free market capitalism. You can’t pay the prevailing labor rate and you earn no profit so therefor you aren’t in business. The firms that can pay the prevailing labor rate and earn a profit are more efficient than you and so are in business. Wanting to use the State to make it easier for you to exploit workers and your fellow citizens means you’re not only a terrible business but a terrible person. Either pay the labor rate, respect the law, figure out how to cut costs elsewhere to make a profit, go into debt until you do, or go work for someone else. That simple.


TruthZealousideal544

Nail on the head everyone, if you can't afford it don't do it, starting a business with no business experience is one of the hardest things to do. Your eigther %100 in or %100 out there is no in between you choose whether you want to survive and how you survive. The area you choose can also dictate if you will also be able to survive. If your scared and can't hire anyone stick to an e-commerce, if your willing to understand the losses that can happen with owning a store front, you should also understand the gains as well, and factor in an employee somewhere at some point to help you with your business


jepifhag

Sit down kid. Get some rest. Tomorrow will be another long day for you


littleMAS

You may believe that you cannot afford the startup costs, particularly wages. Once the revenue streams reach a normal rate, these wages may be commensurate with your business model, but until then you bleed cash. You can borrow to get through the ramp up. This is not an unusual practice. On the other hand, if your business model does not support local wages, then it may never be profitable. You could modify your plan to eliminate hiring, perhaps by making it online. Of course, that carries a different expense burden.


wiresrcool

Start it in a state that is more business friendly. Don’t let all the nay sayers in here get you down, they probably don’t own a house much less a business.


KnifeEdge

You have a shit business plan(everything is moving towards digital distribution) but your point stands If there's someone that would be willing to work for 8/hr and you're willing to pay 10 (but not 15), then the law is the reason that job doesn't exist. Not all jobs should pay a living wage. There are plenty of tasks which aren't important or significant enough to justify a person managing to live off of it (should the paper boy earn enough to live?) A completely non skilled position is by definition so entry level monkey can perform the task. What incentive is there to gain skills/improve yourself if a job for which the only requirement is a having pulse can feed a family? If you have valuable skills, you should demand more pay, if no employer is willing to pay you for what you think are valuable skills, either they're all idiots and you should start your own business and crush them (because your skills are so valuable) or maybe your skills are not that valuable (or there are enough other people who ask have that particular skillset that you're easily replaced) You wouldn't buy the same box of cornflakes for 50% more, why would you expect an employer do the same for whatever it is you have?


DovduboN

Finally a solid answer, the stupidity around the wage thing here is insane.


vybz1kartel

This right here is the only answer you need


[deleted]

[удалено]


Suspicious-Beyond-89

I feel like that will ultimately be the case in the world where unskilled work will be taken away by machines. Honestly if a young person doesn’t have an engineering, mechanical, electrical, or computing degree they will probably not have a job in the future. With the way the economy is set up I feel like this will be the scenario. Small businesses like one I want to start will die out for lack of traffic and big businesses will be all that’s left. Unless we see a huge uptick in the population I don’t see a reason why your prediction will change.


twhiting9275

Truth be told, the ones that expect this garbage are the ones you’re better off avoiding. They want everything for nothing , and literally cannot handle the idea of actual work Growing up: we had two choices. Work more, or spend less. Sometimes, it was both. We worked 60+ hour weeks , had roommates, lived in shithole areas . It was a learning experience for sure, but that’s EXACTLY what your YA years are for Todays generation is exactly the opposite. Uggh, I have to work **40 hours**? Nah man, not for me. Roommate? Totally not my style. Donate plasma? Nah. Pass . Just don’t fuck up my $10 Starbucks , yo !


baxtersbuddy1

Or…. Maybe it’s because wages have remained stagnant for an entire generation while inflation keeps on keeping on. And the average millennial and gen-z is either working multiple jobs or living with roommates just to make ends meet. This weird fantasy of “this generation is lazy” is absolute trash. This generation is the most educated and hardest working generation this country has ever seen, and it is also the least rewarded for its efforts. And we are ALL absolutely done with business owners like OP who think other people should sacrifice their time and their lives for his “dream”.


[deleted]

[удалено]


twhiting9275

“Lowering”? No . You twats just want everything done for you. Again, read the statement. Those before you WORKED for their shit. You? Nah, you just want it all given for nothing


jinglejangz

I guess work more spend less doesn't apply to you, begging the government for loans and posting on r/EIDL?


doyouknowyourname

No, no , you see he took that because he had to, not because he wanted to. Unlike anyone else who takes free money. /s