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Almost impossible to make $300k+ working for someone else
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Date: August 20th, 2010 11:02 PM Author: Green weed whacker Even many Fortune 500 Senior VP jobs only offer like $200-250k. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842543) |
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Date: August 20th, 2010 11:08 PM Author: Apoplectic Angry Location $200-$250k is decent cash if you don't have kids. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842587) |
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Date: August 20th, 2010 11:11 PM Author: Green weed whacker Perhaps, but what if you have a wife, 2 kids, and live in the NYC, LA, or SF area? (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842622) |
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Date: August 20th, 2010 11:11 PM Author: Emerald Scourge Upon The Earth Mediation You sell your shares in company and pay for shit. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842632) |
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Date: August 20th, 2010 11:34 PM Author: Apoplectic Angry Location You sell your kids and pay for shit. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842835) |
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Date: August 20th, 2010 11:22 PM Author: Aphrodisiac costumed partner lulz, only if you don't have kids? i thought ITE would make you more reasonable (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842723) |
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Date: August 20th, 2010 11:33 PM Author: Apoplectic Angry Location I happen to have lowered my standards quite a bit due to ITE. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842832) |
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Date: August 21st, 2010 11:03 AM Author: offensive national he used to think he was going to be a billionaire. remember that. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844867) |
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Date: August 21st, 2010 10:31 AM Author: Crawly lodge (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844722) |
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Date: August 20th, 2010 11:11 PM Author: nofapping excitant forum you forgot the performance bonus paid in cash, equity, or a combination (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842634) |
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Date: August 20th, 2010 11:16 PM Author: marvelous yarmulke this is wrong (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842679) |
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Date: August 20th, 2010 11:17 PM Author: Green weed whacker http://www.glassdoor.com/Salaries/senior-vice-president-salary-SRCH_KO0,21.htm (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842690) |
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Date: August 20th, 2010 11:28 PM Author: marvelous yarmulke a VP at a financial firm is not the same as a VP of a major corporation, htfh. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842777) |
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Date: August 20th, 2010 11:29 PM Author: Green weed whacker Different kinds of corps are on there. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842786) |
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Date: August 20th, 2010 11:35 PM Author: marvelous yarmulke http://investing.businessweek.com/research/stocks/people/person.asp?personId=28845323&ticker=PFE:US&previousCapId=162270&previousTitle=PFIZER%20INC
http://investing.businessweek.com/research/stocks/people/person.asp?personId=5719042&ticker=MS:US&previousCapId=472898&previousTitle=MORGAN%20STANLEY |
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Date: August 20th, 2010 11:37 PM Author: Green weed whacker "Ian C. Read has been Group President of Worldwide Biopharmaceutical Businesses at Pfizer Inc. Mr. Read joined Pfizer in 1978 and serves as its member of the Executive Leadership Team. He is responsible for Pfizer's global worldwide pharmaceutical business. "
"Mr. Forstall leads the team and responsible for delivering the software at the heart of Apple's revolutionary iPhone including the user interface, applications, frameworks and the operating system. "
"Chairman of Morgan Stanley International and Chief Executive Officer of Morgan Stanley International" |
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Date: August 20th, 2010 11:39 PM Author: marvelous yarmulke usually corporate vps have other titles. what exactly do you think these guys do if its not managing large parts of their companies? (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842865) |
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Date: August 20th, 2010 11:40 PM Author: Green weed whacker You have presented me with bad examples. The people you listed are all group heads or CEO of their department/division. I doubt most Senior VPs fall into that category. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842870) |
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Date: August 20th, 2010 11:42 PM Author: marvelous yarmulke no your just a retard (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842877) |
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Date: August 20th, 2010 11:42 PM Author: Green weed whacker No, you just picked very bad examples. They are not the norm. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842880) |
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Date: August 20th, 2010 11:25 PM Author: fantasy-prone goyim They get bonuses and stock options that make their pay much higher. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842751) |
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Date: August 20th, 2010 11:26 PM Author: Green weed whacker http://www.glassdoor.com/Salaries/senior-vice-president-salary-SRCH_KO0,21.htm (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842756) |
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Date: August 21st, 2010 4:20 PM Author: Dull arousing background story pit MANY? This is simply wrong. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846752) |
Date: August 20th, 2010 11:46 PM Author: Abnormal bronze rehab define working for someone else (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842903) |
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Date: August 20th, 2010 11:47 PM Author: Green weed whacker As in your own company or part of a startup (equity owner). (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842907) |
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Date: August 20th, 2010 11:52 PM Author: Abnormal bronze rehab I get the idea, but really, everyone works for someone. Well not everyone but most business owners have clients who they have to serve very well or they will fail. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842930) |
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Date: August 20th, 2010 11:55 PM Author: beta stead Right but most businesses are hiearchical structures. If you are the boss the burden of finding cost-cutting measures and loopholes is on you. The responsibility is higher and so is the reward. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842940) |
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Date: August 20th, 2010 11:55 PM Author: Green weed whacker Working for clients is fine. You at least reap all the benefits. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842944) |
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Date: August 20th, 2010 11:58 PM Author: beta stead As usual, it all boils down to sales. When you own the business you are usually in charge of going out and luring the customers. You aren't some aspie bluebooking decimal points in briefs. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842952) |
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Date: August 20th, 2010 11:50 PM Author: beta stead The Indian who owns five 7/11s and the Chinaman who owns 5 laundromats is pulling in half a million easily. The problem is that these networks have the know-how to run such a business efficiently. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842923) |
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Date: August 20th, 2010 11:57 PM Author: Green weed whacker I doubt it's that difficult to figure it out or find out. Most of business owners you're referring to don't even have a college degree. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15842948) |
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Date: August 21st, 2010 1:48 AM Author: peach potus tanning salon Well do you feel comfortable cleaning the floor when that needs to be done. Or dealing with other menial and laborious tasks. It's a different type of smarts. Knowing how to run a store efficiently is a different type of intelligence than reading Hamlet or Durkheim. |
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Date: August 21st, 2010 11:06 AM Author: very tactful slimy den idiot i'd guess that those guys have family members that show them exactly what to do, exactly where to get the supplies from, exactly how to get a loan, what paperwork you need, how to pick a good spot, etc. i doubt it's that easy to figure out on your own. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844874) |
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Date: August 21st, 2010 2:12 PM Author: Green weed whacker It's not that difficult. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846035) |
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Date: August 21st, 2010 5:23 AM Author: Racy Range Jewess morons ITT
5 laundromats ~ 1 to 1.25 million in sales
he'll be lucky if he's generating over $125K on that. effing law tards are so moronic when it comes to finance and business, and estimating profit margins. please stfu all of you.
ty |
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Date: August 21st, 2010 10:24 AM Author: Soggy Exciting Pistol Spot who the fuck runs a business with only a 10% ROI? u are the fucking idiot. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844695) |
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Date: August 21st, 2010 10:48 AM Author: clear territorial toaster most IRL small business owners?
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Date: August 21st, 2010 10:59 AM Author: Brass appetizing sanctuary party of the first part Most self serve coin-ops generate anywhere from a 15% to 24% return.
http://www.ehow.com/how_2112074_laundromat-coin-laundry-business.html
HTH |
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Date: August 21st, 2010 11:06 AM Author: clear territorial toaster fintel data for NAICS code 812310 puts ROI around 3%. Not necessarily the most accurate, but still an important second opinion. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844876) |
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Date: August 21st, 2010 4:20 PM Author: peach potus tanning salon They make a lot of their money "under the table". Therefore "statistical reports" published by the government are of little use. They find other shady ways to make money as well. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846748) |
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Date: August 21st, 2010 4:22 PM Author: Racy Range Jewess flame. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846764) |
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Date: August 21st, 2010 4:37 PM Author: peach potus tanning salon You are flame. I happen to live in NYC are know well off ethnic business owners. They are shady but wealthy. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846860) |
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Date: August 21st, 2010 4:18 PM Author: Racy Range Jewess you're citing an effing ehow article? moron? (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846732) |
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Date: August 21st, 2010 4:11 PM Author: Racy Range Jewess "who the fuck runs a business with only a 10% ROI?"
are you effing retarded or flame? can you even distinguish between ROI and ROE? sorry about your tiny pink sociology degree. why don't you try picking up a financial statement once broseph.
F. |
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Date: August 21st, 2010 10:51 AM Author: Brass appetizing sanctuary party of the first part this is wrong, you're a goddam moron i have a korean friend who's parents own ONE laundry mat and for sure they are making at least 100k and probably more (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844819) |
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Date: August 21st, 2010 4:11 PM Author: Racy Range Jewess lololol (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846686) |
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Date: August 21st, 2010 11:02 AM Author: Spectacular indirect expression church building cr... how anyone could possibly think a fucking laundromat nets 100k in profits is a fucking imbecile. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844861) |
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Date: August 21st, 2010 3:26 AM Author: irradiated bawdyhouse milk Actually, it's pretty trivial - just go into finance. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844081) |
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Date: August 21st, 2010 3:39 AM Author: Green weed whacker Most people who enter into finance don't end up making $300k+ a year. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844148) |
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Date: August 21st, 2010 4:21 AM Author: wine godawful indian lodge Therefore it is almost impossible to do so. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844304) |
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Date: August 21st, 2010 2:25 PM Author: irradiated bawdyhouse milk But a far higher proportion of people going into finance make 300K than do people working for themselves. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846083) |
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Date: August 21st, 2010 2:37 PM Author: Green weed whacker Most people who work for themselves don't even have a college degree. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846162) |
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Date: August 21st, 2010 3:54 AM Author: Balding concupiscible set Surgeons can pull it off (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844222) |
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Date: August 21st, 2010 4:18 AM Author: wine godawful indian lodge That's why God invented doctors, lawyers*, and finance workers.
*Partners in large firms count as "owners" in only the most technical sense. They're really the bitches of the executive committee. |
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Date: August 21st, 2010 9:05 AM Author: Thriller self-centered base black woman I doubt that what you say is true when you factor in stock options.
My dad is a F300 senior VP, and cash compensation is $200k, but with stock options his total compensation is slightly over $2 million. Same with their GC and others. If you make it to the top of any large corporation, you're going to make a lot of $$. |
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Date: August 21st, 2010 11:19 AM Author: Spectacular indirect expression church building Stock options are what really matter at most public companies. I worked at a private company that would be F200 in terms of revenue, and saw the compensation of all execs up to CEO.
VP - 180-225k + 25-30% Bonus S.VP - 300-350k + 50% Bonus E.VP (report directly to CEO) 500-600k + 100% bonus
Regular VP's were obviously doing pretty well, but only the E.VP's (heads of groups) gave me the sense they were truly "wealthy." |
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Date: August 21st, 2010 4:43 PM Author: dashing cerise kitty this sounds about right (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846913) |
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Date: August 21st, 2010 11:22 AM Author: white hell coffee pot Yeah, OP didnt get the huge stock option part of the equation. That said, its pretty fucking unlikely to be GC of a F300 company. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15844954) |
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Date: August 21st, 2010 12:09 PM Author: medicated stirring space foreskin he gets $1.8 in stock options a year? or just in total? (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15845309) |
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Date: August 21st, 2010 4:45 PM Author: Supple Insanely Creepy Piazza Turdskin doctors actors athletes idk (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846929) |
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Date: August 21st, 2010 4:53 PM Author: Green weed whacker Most docs who make over $300k probably have their own practice or are top specialist like ortho, neuro, derm, etc. (http://www.autoadmit.com/thread.php?thread_id=1401255&forum_id=2#15846992) |