Who’s more Important…Entrepreneurs or Workers?

In the “progressive media” outlets like msnbc and national public radio, we see played before us again and again the “economic class warfare” thesis.  One of the cornerstones of this class warfare argument is the premise that US workers are under paid, over worked, and exploited by business owners.  As we ramp up to the next Presidential election this anti-business rhetoric will grow.  The arguments against American employers will get louder, but make no more sense than they ever have.

In the arena of employer/employee relations I feel particularly qualified to offer a few observations.  My opinion isn’t based on empirical economic research published in some labor economics journal, but on nearly 30 years as a business owner and employer.  In bold print below are two “progressive” myths that I will debunk.

Myth #1:  Business owners really don’t think their employees are important.
Actually, the reverse is true; most business owners worry about losing their skilled workers.  No business can thrive without good workers.  Workers aren’t tethered to the floor.  The only way a business can retain good workers is to pay them fairly and treat them with respect.  If you don’t treat employees with dignity and pay them a competitive wage for the skills they bring to the table, they will go across the street and work for your competitor.  While recessions may temporarily limit the mobility of labor, recessions don’t last forever and workers never forget low pay or mistreatment.  The second they have a better opportunity they will be gone.

Myth #2:  Businesses discriminate against women and other minority groups. Again, the reverse is true.  Worker productivity is key to corporate success.  The business with the best skilled and most productive workers wins.  For example, a business owner that hires lower skilled white workers and turns away higher skilled black workers will soon find himself bankrupt.  As I tell my students, “If you’re an expert tool designer with 5 years of experience, I’ll hire you if you’re a transsexual with polka-dotted skin and you have a shovel growing out of your head.  Your skills are what matter to me; we’ll remove a ceiling tile to accommodate the shovel handle!  Are some business owners bigots?  Probably, but they won’t be in business long.

It is nonsensical and unproductive to debate whether owners or workers are more important.   The fact is, no business can succeed without competent owners and workers who appreciate each other.  Every morning, before the sun rises, our dedicated employees report to work.  The last shift ends around midnight.  Day in and day out, it is they who bring their skills to the shop floor to produce products to satisfy our customers.  On the other hand, when a recession looms it is we the owners who bear financial loss.  Without our employees, there is no production or profits.  Likewise, without entrepreneurs there are no jobs.  We and our employees are inexorably linked together in enterprise.  Both they and we know that the excellence we bring to our shared efforts is the source of our physical livelihood.

Advertisements
This entry was posted in Personal Commentary. Bookmark the permalink.

53 Responses to Who’s more Important…Entrepreneurs or Workers?

  1. Pingback: Fencing North London

  2. Pingback: Software Protection

  3. Pingback: Hotels in Amsterdam

  4. Pingback: pozyczki chwilowki

  5. Pingback: vimax brasil

  6. Pingback: tinnitus treatment

  7. Pingback: comprar enlacesbacklinks de texto

  8. Pingback: comprar enlaces

  9. Pingback: Follow ICDC on facebook

  10. Pingback: match4me

  11. Pingback: Wie spreche ich eine Frau an

  12. Pingback: Jobs suche

  13. Pingback: Berufsunfähigkeitsversicherung

  14. Pingback: order phentermine

  15. Pingback: Wie kann ich schnell abnehmen

  16. Pingback: Kindle Ebook Reader Test

  17. Pingback: Savoir mise sous tutelle

  18. Pingback: Meetic

  19. Pingback: Alarmanlagen BKH Sicherheitstechnik ist Spezialist für mechatronische Schließsysteme, Schließanlagen, Zutrittskontrolle, Einbruchmelde- u. Videoüberwachungsanlagen, Rettungswegtechnik, Rauchwarnsysteme, Alarmierungssysteme sowie Briefkastenanlagen und

  20. Pingback: how to find job

  21. Pingback: good pick up lines to use on girls

  22. Pingback: top kids apps

  23. Pingback: fencing services north london

  24. Pingback: Landscape Gardeners London

  25. Pingback: make cake pops

  26. Pingback: Ares

  27. Pingback: Open Office

  28. Pingback: Alternative Energy Projects

  29. Pingback: tax relief

  30. Pingback: cafetiere expresso

  31. Pingback: Scorpions Tour 2012 Tickets

  32. Pingback: the gun app

  33. Pingback: car race games

  34. Pingback: Best Kids Apps

  35. Pingback: forearm forklift moving straps

  36. Pingback: cocktailkleider

  37. Pingback: juegos de nenas

  38. Pingback: Monuments à Prague

  39. Pingback: acid reflux

  40. Pingback: woodworking bench plans

  41. Pingback: aluminum boat plans

  42. Pingback: landscaping ideas for front yard

  43. Pingback: guitar backing track

  44. Pingback: water vapor cigarette

  45. Pingback: wisdom teeth extraction complications

  46. Pingback: compras coletivas sp

  47. Pingback: comprar links de calidad

  48. Pingback: pechhulp nederland

  49. Pingback: Asbestos Removal

  50. Pingback: Allyson

  51. Pingback: senuke x review

  52. Pingback: Angel

  53. Pingback: Abigail

Comments are closed.