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#2
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Can we go after the unproductive, under qualified, redundant, government employees that hide in their cubicles and collect a paycheck with full retirement instead? Or let's look at Congressional shysters from both sides of the aisle that get rich on insider legislation information in the stock market. Can we toss a few of those in jail? Don't get me started... |
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I had it happen to a friend of mine. He was a banker, good guy. I sold him cards at my shop and when I started my ad agency my partner needed the cash to fund his half of the seed money. It was like $5000 and all the banks wouldn't do it because my partner's credit really was in the toilet. My friend said, it's not that much, I know you, I can make the loan. He got addicted to busting wax. Lost his job and family and ended up in jail. Last time I saw him he was working at Lowes...nothing wrong with working at Lowes, but he was on track to a good career before wax busting got its hooks in him.
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According to the article, he started small using the government car for side gigs; as time went on, working the side gigs became a full-time job while collecting a government paycheck. Small potatoes perhaps, but he was not doing his job. He only hurt himself and the taxpayers.
"Federal prosecutors say that over the next two years, Nelson, a father of four, regularly worked his other jobs while he was on the clock as an investigator, during which time he frequently used his government-issued car to deliver packages and ferry ride-share passengers. He also had the government pay for the gas." |
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Based on the companies I worked for, I would say that's about right. Sent from my SM-S906U using Tapatalk |
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An offshoot, I guess. The Pareto Principle is basically the 80/20 rule, which is also true I think. For every company I worked for (except maybe Burger King, I didn't keep track back then) 80% of our revenues came from 20% of our clients.
The Pareto Rule applies outside of work too. Probably your top 20% of cards make up 80% of the value of your collection. By the way, to be more precise on the square-root rule, the top few do HALF the work, not all. So in my example of a 1000 person company, the top 30 would do half the total work, the 970 would do the other half. So not freeloaders, just not as valuable. Sent from my SM-S906U using Tapatalk |
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__________________
James Ingram Successful net54 purchases from/trades with: Tere1071 (twice), Bocabirdman (5 times), 8thEastVB, GoldenAge50s, IronHorse2130, Kris19 (twice), G1911, dacubfan, sflayank, Smanzari, bocca001, eliminator, ejstel, lampertb, rjackson44 (twice), Jason19th, Cmvorce, CobbSpikedMe, Harliduck, donmuth, HercDriver, Huck, theshleps, horzverti, ALBB, lrush |
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