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Old 05-08-2007, 09:51 PM
Howard Treesong Howard Treesong is offline
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Join Date: Oct 2004
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Default Re: How did you do it? Financial Success Thread

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From Howard Treesong: I would have made an argument for 20% of the realized gain and been entirely satisfied with 10%. Had I been on the other side from OP, I probably would have offered 50 and let myself get talked up to 75.

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I know this is probably how big business works. But, if we take a step back and look at this - how is this any different than the union worker wanting more money when “he” makes the big corporation so much money?

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The difference is that the decision isn't leveraged. If management decides to pay a union worker $1/hour more and must then multiply that out times the number of hours and the number of workers, it's a massive decision. Here, it's just one guy in a one-off situation. To me, that difference is huge.

Success matters. If I were the OP's boss, I would have said "If you get it right, we'll take care of you. If you get it wrong, your job is at risk." If he lost $750K instead of making that, I'd fire him.
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