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If you pay an extra $50 a month, it forces all the other companies to pay an extra $50 a month, and you get a fraction of everyone's extra $50. If you get 5% of
by iso1631 7y ago
If you pay an extra $50 a month, it forces all the other companies to pay an extra $50 a month, and you get a fraction of everyone's extra $50. If you get 5% of the average $50 a month extra, but only employ 1% of the workers, you make money
- philwelch 7y agoIf you only employ 1% of the workers and you pay an extra $50/mo, the rest of the market isn’t necessarily going to keep up with you. You’re probably just gonna end up hiring the top 1%. (Which also had a lot to do with Ford’s success, to be fair!)