CEO who gave all his employees minimum $70,000 paycheck thriving six years later

Dan Price faced praise and criticism six years ago when he boosted all his employee's salaries to $70,000 a year. But instead of the economic gloom and doom that was predicted for him, the company and its workforce, by all metrics, has thrived.
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Пікірлер: 27 000

  • @kostaftp
    @kostaftp2 күн бұрын

    Thats not a CEO. Thats a Leader.

  • @donjon123

    @donjon123

    Күн бұрын

    nah thats a grapist

  • @syauqyilham6577

    @syauqyilham6577

    19 сағат бұрын

    supreme leader.....

  • @uceemeforeal8185

    @uceemeforeal8185

    7 сағат бұрын

    @@donjon123 not everyone who is guilty.... unless he was proven to be so. I thought thats what you men have often complained about...

  • @donjon123

    @donjon123

    5 сағат бұрын

    @@uceemeforeal8185 wait bros actually in a case I was literally just judging him by the way he looks damn. Also don't assume by gender you bigot

  • @goma3
    @goma37 күн бұрын

    The benefit to his COMPANY was good The benefit to his SOCIETY was enormous

  • @mindeloman

    @mindeloman

    7 күн бұрын

    The problem has always been corporate greed at the top. CEOs aren't running and growing a company to benefit the employees. They're doing it for themselves and only themselves, for as long as they can before they move on to the next company. And how do they do it? Cut cut cut cut cut cut expense. And compensation is the #1 expense.

  • @jonasandezekiel1109

    @jonasandezekiel1109

    7 күн бұрын

    @@mindeloman LMAO.... Read up on that creep. He isn't what this video claims he is.

  • @mindeloman

    @mindeloman

    7 күн бұрын

    @jonasandezekiel1109 I don't need to read up on this particular creep. I've got enough to deal with my own CEO creep demanding we have 70% operating profit. He's probably chasing a bonus. Meanwhile we operate with less people than we need and everyone is looking to leave because they aren't making what they used to. American corporate economics in a nutshell.

  • @StephJVaughn

    @StephJVaughn

    6 күн бұрын

    @@mindeloman Best comment everrrrr

  • @X862go

    @X862go

    5 күн бұрын

    resigned as CEO of Gravity Payments on August 17, 2022

  • @Eta30mins
    @Eta30mins7 күн бұрын

    I don’t understand why it’s so bad and hard for employers to treat employees as a fellow human instead of thinking they are just replaceable. This man understands loyalty

  • @Lux_Ferox

    @Lux_Ferox

    5 күн бұрын

    Greed, it ruins nations.

  • @GameChanger597

    @GameChanger597

    5 күн бұрын

    This man understands the value of not dehumanizing employees into numbers and quota's. I do hope he becomes successful enough to give himself a significant raise.

  • @Ghareonn

    @Ghareonn

    5 күн бұрын

    It all goes back to "Dodge v. Ford Motor Co." it has been all down hill since then.

  • @masterBong1

    @masterBong1

    4 күн бұрын

    greed…

  • @modifiedjaymill

    @modifiedjaymill

    4 күн бұрын

    Key word loyalty That’s the difference between today and back then companies and employees had more loyalty Back then there was a incentive to work at a company many years, you would get the promotions and raises and your job was secured. Now employers will cut good employees to keep seeking more talent.

  • @patches4170
    @patches41707 күн бұрын

    „My employees did way more for me than I could ever do for them“ is true for any CEO, always.

  • @Painting866

    @Painting866

    6 күн бұрын

    What a cool guy.

  • @GameChanger597

    @GameChanger597

    5 күн бұрын

    Yes it's always true- except for this time. He definitely did way more for them than they could ever pay back in return. It's unprecedented.

  • @patches4170

    @patches4170

    2 күн бұрын

    @@GameChanger597 No not even this time, that's the point. And that's what this CEO understands, which is what makes him so god damned based.

  • @Saje3D
    @Saje3D2 жыл бұрын

    A business where the employees DECIDE to buy the CEO a new car? What a plot twist.

  • @ghinspilzu8546

    @ghinspilzu8546

    2 жыл бұрын

    lmfao never heard of that a day in my life

  • @Nokzima

    @Nokzima

    2 жыл бұрын

    Lmbo 🤣🤣🤣 yeah

  • @nfspbarrister5681

    @nfspbarrister5681

    2 жыл бұрын

    A grateful one! Employees who knows their boss got their back!.

  • @750count

    @750count

    2 жыл бұрын

    That truly is amazing The stranger part is that he is deserving of their generosity

  • @nataliemorales8643

    @nataliemorales8643

    7 күн бұрын

    This is so adorable

  • @buddyboy4976
    @buddyboy49762 жыл бұрын

    I like how people are triggered he’s paying his employees well

  • @deoxyribomorph99

    @deoxyribomorph99

    2 жыл бұрын

    Of course they're triggered, conservatism is nothing more than cuckoldry to the elite class. So when someone comes along and shows that not being a rapacious villain can actually be a good model for success, that's essentially an afront to their worldview. You should have seen the ill will the ghouls at Fox News had for this guy's company.

  • @TheUniquemariah

    @TheUniquemariah

    2 жыл бұрын

    Did you catch that too 😂😂😂🤣😅

  • @sad_paper491

    @sad_paper491

    2 жыл бұрын

    @@deoxyribomorph99 what?

  • @hevxhev

    @hevxhev

    2 жыл бұрын

    @@deoxyribomorph99 seriously, bet the cognitive dissonance becomes too much for them.

  • @ReaperOnRepo

    @ReaperOnRepo

    2 жыл бұрын

    Lol they're all Gravy Seals and Meal Team 6 mf's. It's so sad because these guys take woodshops class in high school and then turn out to go full on MAGA by the time they're out.

  • @jaepayne5844
    @jaepayne58443 күн бұрын

    People hate this because it shows that a company CAN be run well without greedy CEOs.

  • @Adam-sm5zf

    @Adam-sm5zf

    6 сағат бұрын

    What a world we live in, where treating people well is shunned.

  • @nobody-er6vz
    @nobody-er6vz6 күн бұрын

    Bro literally reinvented loyalty

  • @natahndolar2142

    @natahndolar2142

    22 сағат бұрын

    More like made innovations

  • @muchhorrorsuchwow
    @muchhorrorsuchwow2 жыл бұрын

    It's almost like paying your employees a livable wage makes them wanna work, and increase productivity.

  • @fetB

    @fetB

    2 жыл бұрын

    strange indeed

  • @bimates2690

    @bimates2690

    2 жыл бұрын

    Makes them more competitive to keep that and if they can't? Well, there's more people lining up for the job because of the wages.

  • @jakelewis8194

    @jakelewis8194

    2 жыл бұрын

    His imployees arent making fast food sandwiches lmao

  • @steventonche1037

    @steventonche1037

    2 жыл бұрын

    Almost indeed.

  • @sofasniperman

    @sofasniperman

    2 жыл бұрын

    It worked great for his company, but it shouldnt be done everywhere

  • @ModoNayr
    @ModoNayr2 жыл бұрын

    I still can't believe people are mad at this guy for wanting his employees to have a decent life. He is probably one of the best CEO's out there.

  • @zeiwow0

    @zeiwow0

    2 жыл бұрын

    @Zombie look at walmart one of the bigest super market chains in the world what has all that companys growth done for its employees? absolutely nothing they still get payed minimum wage the only people who benefit are the 00.001% at the top. thats not healthy for the economy

  • @Oldleftiehere

    @Oldleftiehere

    2 жыл бұрын

    @@sillyseattlecatOther corporations hated it because it made them look bad and it skewed the “environmental” pay scale. When I worked, it became clear that all the local corporate managers had an unwritten agreement that one would not pay their employees much more than the others. That way, it tends to keep employees from jumping ship for better better pay elsewhere.

  • @maeganlozano7058

    @maeganlozano7058

    2 жыл бұрын

    That's what struck me the most from this story. I don't get the backlash he received for having a minimum pay to his employees. As per the report CEOs make 320 times more than their workers so there is no reason not to do this. They're just mad because he is showing them it is possible and that makes them look bad. Shame on them for even saying in advance that his company will fail. I am so happy it didn't.

  • @faiqaini4551

    @faiqaini4551

    2 жыл бұрын

    All of them were heartless greedy republicans

  • @BigDad200

    @BigDad200

    2 жыл бұрын

    Great story and it was telling to hear Rush and the other establishment losers hope for his failure. What did Rush contribute to the world? Absolutely Nothing!

  • @Reglaized
    @Reglaized3 күн бұрын

    He only takes $70,000 home and he never even mentioned that his company was “family”.

  • @vbgsantander

    @vbgsantander

    Күн бұрын

    Yeah right! When someone says that about their company its a 99.9% probability that they are the worst instead of being one of the good guys

  • @insainraven9875
    @insainraven98758 күн бұрын

    I think one of the most heart breaking moment in this video is “what allowed you to have this family?” “We could afford it.” Like imagine how much different so many lives could be with this philosophy of CEO’s not being driven purely by greed.

  • @kylespevak6781

    @kylespevak6781

    6 күн бұрын

    The fact that THAT is a factor is a shame

  • @CL-fg5ne

    @CL-fg5ne

    6 күн бұрын

    Im surprised people in the West think individualism is the cause behind people having less children, and not that having a child is way too expensive

  • @lurategh

    @lurategh

    4 күн бұрын

    @@CL-fg5ne There are different reasons people might not wanna have kids or at least only have a limited number, and the expense is definitely one of them.

  • @MacabreAfterparty

    @MacabreAfterparty

    4 күн бұрын

    ​@@CL-fg5neIndividualism has never been a factor for a majority.

  • @NJVArtimations

    @NJVArtimations

    2 күн бұрын

    yes, the fact that these CEO earns more than what they could spend in a lifetime don't care about their employees

  • @emilypeachesreynolds
    @emilypeachesreynolds2 жыл бұрын

    The employees took a pay cut so the company could stay open, and then the company payed them back once it had bounced back. That’s fierce loyalty and trust on both ends!

  • @haylobos8261

    @haylobos8261

    2 жыл бұрын

    So it is not possible. The loonyliberal theory is that you can pay workers a lot through the good times and bad. But you can't. You can only give bonuses during good and take them away during bad. Which what all other companies do.

  • @Cthulhu4President

    @Cthulhu4President

    2 жыл бұрын

    @@haylobos8261 "It is not possible" ...His business is still thriving. You're literally watching that it is in fact possible, while whining about how it isn't possible. It's 100% possible, but companies are kinda forcing the issue because they don't want anything less than 500% profit and it's hurting the country as a whole. GDP means nothing if half the country that isn't in jail is struggling while ~20-25% of the total population is in jail. This asinine ability Conservatives have to worship the almighty companies and the almighty dollar while claiming to follow God will never cease to absolutely baffle me.

  • @Yuki-qh9kg

    @Yuki-qh9kg

    2 жыл бұрын

    @@haylobos8261 there are a couple countries on Europe that prove you wrong

  • @tinymushroombigforest9745

    @tinymushroombigforest9745

    2 жыл бұрын

    @@haylobos8261 how did you watch all this and then say it wasn’t possible after he literally proved that it is. If that isn’t ignorance idk what is.

  • @haylobos8261

    @haylobos8261

    2 жыл бұрын

    @@tinymushroombigforest9745 You got no brane? They had to take a 40 percent pay cut. High wages for ordinary workers is not possible. He gives high wages when the economy is booming. Then lowers them when there is a recession. Which is what every company does. Get out of here with your liberal baloney.

  • @Beebo
    @Beebo2 жыл бұрын

    A man stands at his tallest when he bends down to help someone smaller than him.

  • @Saveg36

    @Saveg36

    2 жыл бұрын

    they were never smaller then him.

  • @rennardyjuwana7254

    @rennardyjuwana7254

    2 жыл бұрын

    @@Saveg36 we know he or she didn't mean it in a condescending way

  • @whynot2734

    @whynot2734

    2 жыл бұрын

    no man stands taller than when he bends to help a child

  • @mhmd_old7

    @mhmd_old7

    2 жыл бұрын

    @@whynot2734 his employees already had money, he should have just sent the money to a charity instead of his employees

  • @nicolasorbegozo4484

    @nicolasorbegozo4484

    2 жыл бұрын

    @@Saveg36 You’re not wrong, but the quote is assuming something that many people in society tend to think; that people of increased wealth are bigger than those with less wealth. This assumption comes from the fact that they can afford more things, and sometimes it even goes as far as assuming that the person with higher wealth has a more difficult job requiring more education. To some degree, they aren’t wrong, but if we’re thinking in a more realistic and philosophical way (like you are), you’re right, a person’s wealth shouldn’t and does not dictate a person’s value and place on Earth because we all die at the end of the day, right? 😂 Bottom line, you’re right, but the quote is addressing something many in society believe is true.

  • @bixbysnyder-00
    @bixbysnyder-007 күн бұрын

    A true legend among CEO's. 99% hoard millions of dollars, sometimes billions, at society s expense. This man deserves every bit of praise he gets.

  • @kope7398

    @kope7398

    2 күн бұрын

    the damn 99% hoarding all the money smh

  • @bixbysnyder-00

    @bixbysnyder-00

    2 күн бұрын

    @kope7398 You are right, damn dyslexia. I meant the 1% of the population which controls 70% of the wealth in the country.

  • @corpingtons

    @corpingtons

    Күн бұрын

    @@kope7398that’s right

  • @tommyschroeder
    @tommyschroeder7 күн бұрын

    Hero. And yes he pays himself a $70,000 salary- but he’s also getting dividends tax-free. And a happy, productive workforce? Genius.

  • @Painting866

    @Painting866

    6 күн бұрын

    70k is a lot for me! I wouldn’t be greedy.

  • @downbythelakehouse9120
    @downbythelakehouse91202 жыл бұрын

    Wanting this company to fail shows how evil the corporate mentality and it's media allies are. Paying people a living wage works.

  • @pabloblanco2656

    @pabloblanco2656

    2 жыл бұрын

    Paying people what they are worth ? This is the united states. How dare him do a good deed.

  • @pabloblanco2656

    @pabloblanco2656

    2 жыл бұрын

    @@claudius_drusus_ L o L not in the united states. Slackers usually make more than the workhorses

  • @kinoweiss702

    @kinoweiss702

    2 жыл бұрын

    @@claudius_drusus_ If you turn 10 dollars of product into something that can be sold for 100 dollars, you are worth 90 dollars to the company. If the company pays you what you're worth, they will make 0 dollars in profit, and will never be able to expand or do more. To pay someone what they are worth is fundamentally incompatible with capitalism.

  • @CarolynLewis-2lov3ly

    @CarolynLewis-2lov3ly

    2 жыл бұрын

    @@kinoweiss702 this man just proved ur theory wrong. He paid his employees their worst and yes in the beginning of this new change he took a hit. But it worked out and the company tripled in profits. And because he did right by them, they did right by him and took a temp pay cut during the pandemic. When companies pay their employees their worth, the company thrives, because they have just as much to gain from their employer's success. Makin a $10 product into $100 product and then only gettin paid $5 to live off of, doesn't make for loyal or productive employees.

  • @konverzny

    @konverzny

    2 жыл бұрын

    @@CarolynLewis-2lov3ly Just listen to yourself for a second. That just means his employees are worth more than 70k otherwise the company would never be able to expand and triple in profits. It's just basic math. You don't create extra value from 0. He is not paying them what they are really worth but that's okay, he is paying them enough money to be in that grey line of moral capitalism.

  • @CierraB04
    @CierraB042 жыл бұрын

    Having employees be so loyal that they take a 60% pay cut when your company is going through hardship speaks for itself. Him paying them back as a thank you for sticking by him is virtually unheard of in America. This man is a god send.

  • @tbeboxing

    @tbeboxing

    2 жыл бұрын

    No doubt, definitely a Godsend!

  • @azahariabdulaziz929

    @azahariabdulaziz929

    2 жыл бұрын

    One in a million...or trillion...? A blessing to the employess for having a leader like him😘

  • @andreicapi3535

    @andreicapi3535

    2 жыл бұрын

    @@JMK948 he looks like him

  • @superkevinadventure

    @superkevinadventure

    2 жыл бұрын

    Facts

  • @paca7429

    @paca7429

    2 жыл бұрын

    the only reason they usually will support the company is because they depend on their job for money

  • @theworldisrich
    @theworldisrichКүн бұрын

    Dang, I actually cried at the end when they gave him his dream car. There’s nothing more powerful than human kindness.

  • @airpeguiV2
    @airpeguiV28 күн бұрын

    This man has balls of steel. Really happy it turned out okay despite the massive risks

  • @madnessintomagic

    @madnessintomagic

    6 күн бұрын

    What massive risk? All he did was take profit money out of his own pocket, and disburse it where it belongs - among his employees. There was no risk. This money wasn’t taken away from anyone else. What’s more bizarre is hyper capitalists calling him a lunatic or a socialist. All he did was do the right thing. Who cares about your portfolio when the rest of us are starving?

  • @scoobie8amg
    @scoobie8amg2 жыл бұрын

    Lets not forget the general public wants to support companies who treat their employees well.

  • @suzylovesmambo

    @suzylovesmambo

    2 жыл бұрын

    I always feel better when I go patronize a business where the employees want to be there. I realize that the point isn't how I *feel* about the business but it really doesn't make a difference to the whole business experience.

  • @posh7079

    @posh7079

    2 жыл бұрын

    Htf does a toilet janitor get 70k a year???

  • @Avalanche616

    @Avalanche616

    2 жыл бұрын

    @@posh7079 you forget that janitor is still a person who has value, i can't believe you didn't learn that during the pandemic.

  • @mancerrss

    @mancerrss

    2 жыл бұрын

    My jaw dropped that the company is 4 months close to bankruptcy, but if it wasn't for the employees love for this company and maybe because they are thriving in life earlier because of that highly generous pay increase, volunteering for months of pay cut!!! They wouldn't survived by now!!! The CEO then saved his employees by raising their pay, and produced a loyal employees back then. Now his employees saved his company back by then volunteering to not get paid for a bit. That's just close and tight corporate family love right there.

  • @deborahdobbie

    @deborahdobbie

    2 жыл бұрын

    Exactly! Great point!!! A great guy to work for and a great guy to do business with I’m sure. Awesome all the way around love it

  • @theprogrammer32
    @theprogrammer322 жыл бұрын

    the fact that he KNOWS how many of his employees are buying houses and having kids. THAT is what leadership looks like.

  • @philippaul756

    @philippaul756

    2 жыл бұрын

    Excellent definition of leadership, Block.

  • @smolpener7430

    @smolpener7430

    2 жыл бұрын

    Leadership has absolutely nothing to do with intrusion on peoples personal lives.

  • @inorite4553

    @inorite4553

    2 жыл бұрын

    @@smolpener7430 Thank you for providing an example of what Leadership is not. We should all be so fortunate to avoid the mistakes you've made.

  • @tclfan0180

    @tclfan0180

    2 жыл бұрын

    @@smolpener7430 So you think that he secretly taped every birth that took place and kept a tally in a little black booklet? I'm sure the employees voluntarily gave him that info. You sound like a complete nut job, and its never too late to delete your braindead comment by the way!

  • @g30b15

    @g30b15

    2 жыл бұрын

    @@smolpener7430 Go to sleep bro

  • @CM-dx6xu
    @CM-dx6xu3 күн бұрын

    A man with a big heart. Willingly giving his own money for the sake of employees. He deleted greed from the equation, in turn brought loyalty and love for everyone. I aspire to be like him someday.

  • @afriend621
    @afriend6217 күн бұрын

    OMG ! This made me cry. Dan Price knows about real love and true equality. Here is a man who is not motivated by fear. Deep bow, Mr. Price.

  • @joshuajoseph1315
    @joshuajoseph13152 жыл бұрын

    Biggest part of this is how loyal his employees are. Crazy how people naturally repay the kindness you show them

  • @boykidmanboykidman5420

    @boykidmanboykidman5420

    2 жыл бұрын

    You give and you shall receive

  • @Nokzima

    @Nokzima

    2 жыл бұрын

    Exactly! This a very beautiful story!

  • @ronaldperez9606

    @ronaldperez9606

    2 жыл бұрын

    @@boykidmanboykidman5420 Amen

  • @lindisopaj

    @lindisopaj

    2 жыл бұрын

    Not true at all. Usually people take advantage of your kindness. Im glad it worked out for him tho

  • @FootballLife34

    @FootballLife34

    2 жыл бұрын

    @@lindisopaj clearly not, loo

  • @dothamaph
    @dothamaph2 жыл бұрын

    Imagine paying workers a livable wage and treating them like human beings that are actually integral to your company's success? What a crazy concept.

  • @briathomas5310

    @briathomas5310

    2 жыл бұрын

    Sad, right? This should be the standard. 🤦🏾‍♀️

  • @Dextrome

    @Dextrome

    2 жыл бұрын

    Madness!

  • @Jackdaniels19894

    @Jackdaniels19894

    2 жыл бұрын

    Far right Republicans can’t believe it

  • @Woodsaras

    @Woodsaras

    2 жыл бұрын

    I could. But i dont have money.

  • @thexavier666

    @thexavier666

    2 жыл бұрын

    This person is delusional. Some one take him to the infirmary.

  • @whateverwavy
    @whateverwavy5 күн бұрын

    the tech/gaming industry needs to take notes ASAP in 2024. so many layoffs could've been avoided if CEOs swallowed their pride and provided for their employees

  • @southtexasprepper1837
    @southtexasprepper18376 күн бұрын

    Dan Price is truly someone to look up to. He cares more about his employees than himself. He's a fine example of someone who should be respected. Not scorned.

  • @chad2522

    @chad2522

    3 күн бұрын

    Yea you know nothing about this guy except what they said in the video. Do a little research about this guy and you will find out he is actually a terrible guy.

  • @Bobisbob0965

    @Bobisbob0965

    2 күн бұрын

    ​@@chad2522 charges were dropped

  • @cescimes

    @cescimes

    2 күн бұрын

    ​@@chad2522 yeah, the "little research" showed me dropped charges and allegations that turned out to be contradicting with the evidence

  • @southtexasprepper1837

    @southtexasprepper1837

    Күн бұрын

    @@chad2522 If he's such a terrible guy, why did all his employees chip in to buy him a new car????? There has been numerous articles about him and what he did. Btw, what have you done lately?????

  • @ItsDanny91
    @ItsDanny919 күн бұрын

    I don’t see why a CEO needs to make more than 500k. Many of them are making $30 million a year and there is no 70k minimum.

  • @LeroxYT

    @LeroxYT

    6 күн бұрын

    Exactly, its not like CEOs are better than others, or its so difficult and time taking to be a CEO, so why should a CEO be paid more than a million

  • @CorpusGreed

    @CorpusGreed

    6 күн бұрын

    Because... the can. I mean, i get your point, but that's what happens when you have an opportunity to earn enourmous money. I mean, it's understandable if he has a huge family, kids, their education, maybe helps out his elders and so on, but usually it's just because people are greedy. "Why should i put money in pockets of my employes if i can put them all in my own?"

  • @jonmcclain662

    @jonmcclain662

    5 күн бұрын

    The CEO took the risks and deserve to reep the rewards, the employees didn't had to put in a lot of money and time to start the business, its a lot of work to start one, that's why many don't and the ones who do and not put everything in place ends up failing. If ppl want fairness, then the employees should risk bankruptcy if the company fails as well, the only one burden with that risk is the ceo/owner.

  • @KK-fw4zq

    @KK-fw4zq

    5 күн бұрын

    $30million is quite generous lmao. Delta CEO bonus was $25 million during Covid and he fired 20% of his employees. Guess his bonus was more important than those employees.

  • @braedonallen4291

    @braedonallen4291

    5 күн бұрын

    @@jonmcclain662 CEOs are hardly ever those who started the company. They're usually brought on board an already successful company specifically to maximize shareholder value. So, they in fact face very little risk, and there is no reason why they can't afford to treat their employees well, they simply choose not to because paying your employees well and giving them good benefits decreases quarterly earnings and slows share value growth, which means that their paycheck won't grow as quickly, and they obviously can't have that (/s). Ultimately, it boils down to shortsighted greed.

  • @MrMikeymontemayor
    @MrMikeymontemayor2 жыл бұрын

    The trick is that the CEO earns 70k too but he also earnes HUGE respect and LOYALTY.

  • @corieydadon

    @corieydadon

    2 жыл бұрын

    Not really

  • @davidmistoffelees8459

    @davidmistoffelees8459

    2 жыл бұрын

    @fosterpainter This is why capitalism is failing. Capitalism replaced mercantilism. The main thing in Capitalism is that companies have no responsibility to the system that they leach off of; no other purpose than to generate profits.

  • @crimsonminerva

    @crimsonminerva

    2 жыл бұрын

    Yes, lead by example

  • @lynnyhen

    @lynnyhen

    2 жыл бұрын

    And profits, which is awesome!

  • @nibblet321

    @nibblet321

    2 жыл бұрын

    That and I'm sure he has other income sources.

  • @Mr.Mancream
    @Mr.Mancream2 күн бұрын

    That’s a man who hasn’t let the world ruin him. Greed has and will continue to run this planet and this country into the ground. If only companies were held to a higher standard, one where they not only care about the wellbeing of ALL employees, but where they take pride in making sure that everyone prospers. From the CEO to a guy flipping burgers, everyone’s role is necessary for the operation as a whole. And it goes without saying that CEOs don’t do 320x more work than any other employee.

  • @jesusislord6921
    @jesusislord69212 күн бұрын

    We used to say this in church a lot…” I give because I’m blessed, I’m blessed because I give”! Prime example🙌🏽🙌🏽God is good! Amen!

  • @OlJohnJoe
    @OlJohnJoe2 жыл бұрын

    This man does something completely selfless and all those people wanting him to fail? But loving the selfish billionaires who give far less and care less

  • @Buddhist_Gnome

    @Buddhist_Gnome

    2 жыл бұрын

    This!!!

  • @snc99

    @snc99

    2 жыл бұрын

    Makes no sense

  • @AdrianTheSlay3r1

    @AdrianTheSlay3r1

    2 жыл бұрын

    People love to worship something bigger. It’s the effect of liking something you can’t have, and viewing kindness as weakness. It’s human behavior. Some people are just so inferior.

  • @rosivo3142

    @rosivo3142

    2 жыл бұрын

    they DO NOT care about the people

  • @loopz_attack1658

    @loopz_attack1658

    2 жыл бұрын

    @@AdrianTheSlay3r1 you say that it is human behavior but then say that some people are inferior? Your ego is showing there!

  • @haydenhayden
    @haydenhayden2 жыл бұрын

    It’s almost like treating your employees like human beings with the dignity and respect they deserve has benefits.

  • @buddho1135

    @buddho1135

    2 жыл бұрын

    Who could've guessed

  • @RitaColacoNuminous

    @RitaColacoNuminous

    2 жыл бұрын

    It surely does, no doubt about it

  • @TTJJCC

    @TTJJCC

    2 жыл бұрын

    Imagine that

  • @Speedwayjay

    @Speedwayjay

    2 жыл бұрын

    Wait you might be on to something 🤔

  • @kargs5krun

    @kargs5krun

    2 жыл бұрын

    No, this is ABOVE AND BEYOND giving "dignity and respect." Much more. This spirit of his is, well, GOD-Like. #sacrifice

  • @WestonNey3000
    @WestonNey30004 күн бұрын

    It’s crazy that a company paying their employees enough that they can have a baby is a rarity.

  • @zekossss
    @zekossss20 сағат бұрын

    This guy! What an absolute LEGEND! His employees are lucky to have him, hope his business thrives even more.

  • @sirthomasevangelion1258
    @sirthomasevangelion12588 күн бұрын

    This CEO just created 100s of loyal friends that are willing to take a personal hit INSANE!!!!!! Edit: some big a** allegations Jesus

  • @The_Food_Police

    @The_Food_Police

    7 күн бұрын

    Exactly lol

  • @EricPetersonPhotography

    @EricPetersonPhotography

    7 күн бұрын

    I suggest looking him up in the news. Not a great person

  • @frederikkjrgaard1963

    @frederikkjrgaard1963

    7 күн бұрын

    @@EricPetersonPhotography what did he do

  • @speedracer2735

    @speedracer2735

    7 күн бұрын

    @@EricPetersonPhotography If you're referring to charges filed for SA. How about YOU look into it deeper. Charges were dropped as it seemed like the woman was lying about the incident.

  • @MrMonkey2475

    @MrMonkey2475

    7 күн бұрын

    @@EricPetersonPhotographymoron, believe everything

  • @thekurtcobainfoundation4200
    @thekurtcobainfoundation42008 ай бұрын

    This is what you call a REAL man.

  • @timg2973

    @timg2973

    9 күн бұрын

    Yea he beat his wife, abused women and is facing rape charges. That aint no man.

  • @neanam

    @neanam

    9 күн бұрын

    A real mane

  • @frc69

    @frc69

    9 күн бұрын

    @@timg2973 found not guilty, people like you judging from the sidelines are the ones bringing society down

  • @arnold1112

    @arnold1112

    9 күн бұрын

    @@timg2973 Nah, I checked real quick and it's a false accusation, the court even dismissed it. So... you are wrong but congrats to you, because you and your capitalist community finally got him to quit to fight all the allegations. I guess capitalists really doesn't like successful "socialist" huh, shocker

  • @SaltyPancakesJrThe2nd

    @SaltyPancakesJrThe2nd

    9 күн бұрын

    ⁠@@timg2973 Don’t spread false information. All those charges were dropped.

  • @mrcarterfx885
    @mrcarterfx8853 күн бұрын

    When the CEO said he makes $70,000 a year I almost fell to the ground 😮😮😮

  • @revemb4653
    @revemb46536 күн бұрын

    A company with appreciated workers and a humble ceo should never fail

  • @chad2522

    @chad2522

    3 күн бұрын

    I would not call the dude ''humble''. He has like 6 different rape and assault charges spanning over 10 years.

  • @Grymx

    @Grymx

    2 күн бұрын

    @@chad2522It’s funny how of those “10” things you said he was charged with- only one actually comes up when you search for them- which he wasn’t even charged with. The case was dismissed. You got that corporate boot down your throat.

  • @chad2522

    @chad2522

    Күн бұрын

    @@Grymx Charges can get dropped or expunged from your record even when you did them. Don’t you think over the span of 10+ years with multiple separate accusations of rape and assault are false?

  • @Oj_r
    @Oj_r2 жыл бұрын

    This man created a family not a company. He made sure everyone is taken care of. Amazing

  • @robertrishel3685

    @robertrishel3685

    2 жыл бұрын

    It’s a beautiful thing. Right in the face of widespread corporate greed.

  • @habibbialikafe339

    @habibbialikafe339

    2 жыл бұрын

    Wrong! He emphasizes that the company is not a family, and that it is simply a company and you owe it nothing. everyone deserves time off for their real family. he makes a big distinction there.

  • @bethanyschlientz7982

    @bethanyschlientz7982

    2 жыл бұрын

    @@habibbialikafe339 shut up

  • @BellicIV

    @BellicIV

    2 жыл бұрын

    @@bethanyschlientz7982 no u

  • @rexdv8

    @rexdv8

    2 жыл бұрын

    I'm glad I wasn't the only one to notice this.

  • @Avocado_Slut
    @Avocado_Slut2 жыл бұрын

    Imagine a company giving their employees enough money to live a life they want. His employees are working out of gratitude and absolute wanting to. He is not socialist, he's human.

  • @robertmccully2792

    @robertmccully2792

    2 жыл бұрын

    Nobody works out of gratitude. They all need money to live. But it was nice of him.

  • @tank2g2

    @tank2g2

    2 жыл бұрын

    Humanist

  • @kewltony

    @kewltony

    2 жыл бұрын

    "Seattle tech company pays Seattle tech wages"

  • @furkannarin2844

    @furkannarin2844

    2 жыл бұрын

    ​@@robertmccully2792 yes you do work. %100.

  • @AmramAbba

    @AmramAbba

    2 жыл бұрын

    LOUDER!!!

  • @koradelta
    @koradelta8 күн бұрын

    1:07 "because we can afford it" is the most dystopian thing I ever heard

  • @dutchlegend007
    @dutchlegend0072 күн бұрын

    If an CEO ever would take care of me like this man, i would take care of him whenever he needs me.

  • @ohhalrightokay
    @ohhalrightokay2 жыл бұрын

    It’s crazy how some were against this move. If this CEO wants to give a good wage to his employees, let him. The critics are probably the ones who love seeing homeless people on the streets and then blaming the government for it.

  • @MikeSchellingMusic

    @MikeSchellingMusic

    2 жыл бұрын

    Other businesses were critical and against it because of it worked (it did) there would be a real precedent for paying employees more and CEO’s less.

  • @michael7264

    @michael7264

    2 жыл бұрын

    The problem was this guy wanted other businesses to be FORCED to follow his business model.

  • @colesmith7509

    @colesmith7509

    2 жыл бұрын

    @@michael7264 I mean 70k a year in Seattle should be very little to ask for considering the standard of living. 35k is completely unreasonable

  • @AmRFuKYaH

    @AmRFuKYaH

    2 жыл бұрын

    It's 100% ok if it's on a voluntary basis, when it becomes a problem is when people want the government to mandate this business plan

  • @pbj0815

    @pbj0815

    2 жыл бұрын

    EXACTLY!!!

  • @SEVEN-sg5rb
    @SEVEN-sg5rb2 жыл бұрын

    This man is richer in life than most humans with the things money doesn’t buy. Great leadership, humility, humanity, honor, love, community.

  • @noahremnek3615

    @noahremnek3615

    2 жыл бұрын

    Although he makes 70k he owns the company so his net worth is higher. Just saying but this guy seems like a pretty cool CEO.

  • @zpetar

    @zpetar

    2 жыл бұрын

    @@noahremnek3615 Can you tell me what is net worth of being loved and respected as much as he is?

  • @noahremnek3615

    @noahremnek3615

    2 жыл бұрын

    @@zpetar Idk his net worth exactly but it probably decently big.

  • @notinterested8452

    @notinterested8452

    2 жыл бұрын

    Long hair...

  • @v1nigra3

    @v1nigra3

    2 жыл бұрын

    A true king

  • @Daerilys
    @Daerilys4 күн бұрын

    What? A CEO being human and solidary? Nah, it's fake I hope he has an amazing life

  • @chezbugga
    @chezbugga2 күн бұрын

    corporate greed needs to be illegal. this is phenomenal kudos to the CEO Dan Price and gravity payments.

  • @JPDarkHeart02
    @JPDarkHeart022 жыл бұрын

    Imagine that, being paid enough to live comfortably leads to BETTER EMPLOYEE RETENTION

  • @romanwilliams8605

    @romanwilliams8605

    2 жыл бұрын

    Exactly!!!!! 💯

  • @tybarker5038

    @tybarker5038

    2 жыл бұрын

    No way I’ve been making scraps and I keep hopping jobs that also pay scraps I wonder if I would stay at a company that didn’t pay scraps

  • @maggiejetson7904

    @maggiejetson7904

    2 жыл бұрын

    @C K that's base salary. His main net worth is in the equity of his company.

  • @v1nigra3

    @v1nigra3

    2 жыл бұрын

    @C K obviously he can, but a gift is a gift

  • @charlenejohnson5769

    @charlenejohnson5769

    2 жыл бұрын

    💯

  • @ninjaninja9954
    @ninjaninja99542 жыл бұрын

    This is the only company you can call "family" without being fake. Other companies have this family culture BS but it's for you to stay in the company while they pay you peanuts.

  • @LessFluff

    @LessFluff

    2 жыл бұрын

    a lot of them have family culture but only between low earning workers...

  • @projectx7453

    @projectx7453

    2 жыл бұрын

    True

  • @gateauxq4604

    @gateauxq4604

    2 жыл бұрын

    Maybe the other companies are family too, it's just terrible abusive ones.

  • @ninjaninja9954

    @ninjaninja9954

    2 жыл бұрын

    @@gateauxq4604 i wouldn't call those families then

  • @ModernCults

    @ModernCults

    2 жыл бұрын

    Peanuts xD

  • @genevieveaniko6492
    @genevieveaniko6492Күн бұрын

    The fact that people like this exist in this cruel world.. Gives me hope. More power to them.

  • @Dredster747
    @Dredster7476 күн бұрын

    Take care of your employees, and they will take care of your business!

  • @rodcab2973
    @rodcab29732 жыл бұрын

    Crazy what employees are willing to do when they're treated fairly and giving a chance to succeed in their workplace. This man is doing God's work.

  • @ladyzinada5341

    @ladyzinada5341

    2 жыл бұрын

    He will continue to thrive

  • @Stalkerx13

    @Stalkerx13

    2 жыл бұрын

    You can tell these employees will never quit. They all seem so happy.

  • @fakereality4546

    @fakereality4546

    2 жыл бұрын

    Yep the other business owners who don't like him just mad he exposed them for being greedy world is pure evil

  • @Smoke1386

    @Smoke1386

    2 жыл бұрын

    Get back to work lol

  • @Flokoli1

    @Flokoli1

    2 жыл бұрын

    Some employees think that they're not treated fairly enough when they actually are

  • @FinessingFinance2024
    @FinessingFinance20249 күн бұрын

    This CEO guy took 1mil USD pay cut to increase his employee's compensation to 70k min,the employees took a temporary pay cut during the pandemic,got repaid the difference and actually resulted in a much lower turnover rate and more productivity for the company. This story is crazy good. 😮😮😮

  • @lcameeno1

    @lcameeno1

    4 күн бұрын

    😮!

  • @prodbymorii2058

    @prodbymorii2058

    4 күн бұрын

    And then he got ousted as CEO after allegations of assault and r@pe. Not such a crazy good story anymore huh?

  • @Apoxonbothyourhouses
    @Apoxonbothyourhouses8 күн бұрын

    This guy is amazing & boy do we desperately need more CEOs like this. Everything is now about greed & the public knows this.

  • @iSchmidty13
    @iSchmidty134 күн бұрын

    Dude is the ultimate capitalist He made a great call, and majorly helped his business

  • @michaelloflin7278
    @michaelloflin727811 ай бұрын

    I hope this man and his company thrives for many years. He is a blessing to his employees.

  • @bryan-cv2ew

    @bryan-cv2ew

    8 ай бұрын

    He has a superiority complex. he has accusation of harassment and rape, with police investigations. The company is also financially unstable and has been since the day he announced this 6 years ago

  • @missedinfo4623

    @missedinfo4623

    7 ай бұрын

    @@bryan-cv2ewthey were bound to come for him.

  • @simonstevenson6686

    @simonstevenson6686

    4 ай бұрын

    @@bryan-cv2ewThe allegations were dismissed

  • @alwill6536

    @alwill6536

    4 ай бұрын

    Partially true. The company is doing well. He did get charged but he beat the charges. None the less, he still stepped down as CEO so he wouldnt hurt his company or workers. ​@@bryan-cv2ew

  • @kowismo

    @kowismo

    3 ай бұрын

    sure sure soruce trust me bro@@bryan-cv2ew

  • @Hana.Behl-Lecter
    @Hana.Behl-Lecter2 жыл бұрын

    The fact that employees were willing to take a voluntary pay cut to help the business AND THE BUSINESS PAID THEM BACK...wow. AND they all chipped in to buy him his dream car...talk about a work family. Amazing...kindness and compassion goes a long way.

  • @haylobos8261

    @haylobos8261

    2 жыл бұрын

    If you say 70K, it should stay 70K. Not 70K when the economy is booming. Everybody already does that. They pay more when the economy is booming and then reduce it in bad times. He is just a charlatan. You people are silly.

  • @DebbieAkano

    @DebbieAkano

    2 жыл бұрын

    @@haylobos8261 the employees CHOSE the pay cut. He didn’t take the money off them. They OFFERED. Did you even watch the video??

  • @RoSoliTaire

    @RoSoliTaire

    2 жыл бұрын

    @@DebbieAkano they probably watched the whole video but did not register that one because they only want the negatives on all the positives that happened in this company.

  • @theodorehaskins3756

    @theodorehaskins3756

    2 жыл бұрын

    @@haylobos8261 No they’re not silly, you should go look in the mirror and tell us where that brain of yours have gotten you! Why did you think it was necessary to inject your dystopian, draconian, fried up frizzle mentality, and all your negativity into this conversation? So maybe the silly one is reflective of you! So let me ask you this question, do you wear a mask?

  • @nightsmelodyful

    @nightsmelodyful

    2 жыл бұрын

    @@haylobos8261 you're just mad your employer doesnt pay you like a living breathing human being that needs to stay alive

  • @lhproductions61
    @lhproductions612 күн бұрын

    Crazy how when people are thriving and happy work productivity goes up. A ceo living like a normal employee? That’s kinda awesome.

  • @Buhn001
    @Buhn0013 күн бұрын

    *A God Sent Angel! The Fact That Almost ALL His Employees Had Bought Homes, Had Children Etc.. That SAYS A Lot!* God Bless That Man And Everyone In These Comments! 🙏🤍

  • @edufehndula6621
    @edufehndula66212 жыл бұрын

    He is a man with a golden heart. He cares about humanity. Kudos

  • @maaz322

    @maaz322

    2 жыл бұрын

    There's a difference between being charitable and financially thriving. Obviously allocating your own paycheck to your employees will work as long as you deduct your own salary. That's not a success, it's charity. Good for him, but how can you expect CEO's to incentivize their ambitions and innovations with a meager paycheck that does not expand? Isn't the point of a business to be profitable to the individual to some extent? The man is running some payment company, nothing large-scale. You can't motivate high ranking employees with this business model, clearly Dan Price is the sole captain of this ship, and I'm sure it's a feelgood story but it's certainly not viable. Nonetheless, the poor will be tempted to elicit this example as a call for equitable pay in line with socialist doctrine.

  • @juliuskazanecki4281

    @juliuskazanecki4281

    2 жыл бұрын

    Well he figured out a way to get rich on the side through speeches and interviews. He also grabbed a ton of wealth before he did this move.

  • @maaz322

    @maaz322

    2 жыл бұрын

    @@Leoo117 You're saying people shouldn't build business for accruing money but for securing happiness?? Such an egregious projection. Not everyone has such 'virtuous' hearts. I'm sure you'll build and manage your own business, expand it, all for one static price tag. Meanwhile, expendable employees will cash out of your hardwork. You clearly have no clue about management and leadership because you're just a poor sod.

  • @Leoo117

    @Leoo117

    2 жыл бұрын

    @@maaz322 Your missing the connection here. Yes, you build a business to accrue money, but it is more efficient to accrue the money if your employees are happier. THAT is the connection here. Don't take my word for it. Take the word of the guy who already did it. He was humble instead of haughty. Also, there is no need for calling names and being disrespectful. I wouldn't do that to you, so please don't do that to me.

  • @alpharenz1329

    @alpharenz1329

    2 жыл бұрын

    His company is a software credit card merchant services company. It has no physical product. Doesn't need expensive business insurances coverages. Just basic ones. His company charges 1 to 3% of credit card purchases and monthly fees. On $100,000 running charges can make north of $3,000 month. Looking over is books they have $3.4 billion in purchases with over 15,000 companies. So they making $100 million year gross income. They have around 200 employees. So about $14 million goes into payroll. Yes, only 14 out of 109 million a month. Around 14%. This guy is a hero, lol what a good samaritan LMAO. You know he gets the money on the back end. Any smart CEO would pay themselves as little as possible. Jeff Bezos salary was $81,840.

  • @philmarsh7723
    @philmarsh77232 жыл бұрын

    It's refreshing that there are some CEOs who aren't sociopaths.

  • @barnyard4068

    @barnyard4068

    2 жыл бұрын

    😂😂🤔🤔Yesss!!!

  • @cloudsmith7803

    @cloudsmith7803

    2 жыл бұрын

    Ahem.....Bezos....Jeff Bezos........

  • @glow1815

    @glow1815

    2 жыл бұрын

    You mean 1 CEO not some. This is the ONLY CEO I know and heard of that does this.

  • @shwah8299

    @shwah8299

    2 жыл бұрын

    Like, 00.001% of them.

  • @shwah8299

    @shwah8299

    2 жыл бұрын

    @@greenwave819 His hair? That's your priority? Wait.... did Jeff Bezos send you?

  • @drac124
    @drac1247 күн бұрын

    Work for a company, instead of fighting in it. Amazing. Wish for a world with more of this.

  • @deolihp
    @deolihp4 күн бұрын

    The CEO is a good hearted person

  • @YooB1
    @YooB12 жыл бұрын

    This ceo actually cares about his employees not just money. Blessings to this man.

  • @u.s.m.c.fewproudthemarines2987

    @u.s.m.c.fewproudthemarines2987

    2 жыл бұрын

    Exactly friend Gd heart

  • @y.t.a180

    @y.t.a180

    2 жыл бұрын

    Double your return in six months!

  • @FreedomofSpeech865

    @FreedomofSpeech865

    2 жыл бұрын

    He is an incredible human being

  • @mikegrosso6171

    @mikegrosso6171

    2 жыл бұрын

    I wonder how many of his employees would fallow this boss and open a company and pay that well to their workers,or maybe they are too selfish to do that.

  • @markwhittaker6866

    @markwhittaker6866

    2 жыл бұрын

    I agree.

  • @Coronaboii88
    @Coronaboii882 жыл бұрын

    He humbled himself and put himself in his employees shoes. This is an example of a good human being. God bless this man.

  • @wascawywabbit0987

    @wascawywabbit0987

    2 жыл бұрын

    He has.

  • @ghosthhhchjjj3661

    @ghosthhhchjjj3661

    2 жыл бұрын

    Oegcbb.

  • @TheAmericanPrometheus

    @TheAmericanPrometheus

    2 жыл бұрын

    i hope he sets a trend and other companies see the benefits of paying their employees more not just for them but for business in general

  • @intihumala9087

    @intihumala9087

    2 жыл бұрын

    He's a complete and total fraud. He purposefully manipulated thousands of client contracts to not only gain an unfair competitive advantage but also swindle millions for personal gain. His brother and his father own a separate company called Axia Payments where they banked millions then got handed a huge lawsuit because Dan Price sold trade secrets and business information for 1,100 clients to launch his own processing business. He has a very dark past and he's lying about only making 70k a year. You can find dozens of articles written by investigative journalists exposing him.

  • @matthewfield7028

    @matthewfield7028

    2 жыл бұрын

    @@intihumala9087 cant believe everything you read, I worked for a processing business in NYC. If any of the articles were 100% true he'd be sitting in jail, those supposed claims against him are federal offenses and money laundering.

  • @SkylerCleary
    @SkylerCleary2 күн бұрын

    Its sad that literally almost everyone was against him. Scary to see the true way most people think, especially people running large companies

  • @devingonsalves5017
    @devingonsalves5017Күн бұрын

    This man just renewed my faith in humanity a bit. There are still good people out there

  • @Freakybananayo
    @Freakybananayo2 жыл бұрын

    the fact the employees bought him that car means that they are loyal and grateful. no one else would do that for their CEO. i hope this company thrives

  • @louissanderson719

    @louissanderson719

    2 жыл бұрын

    I don’t know why. He was already a millionaire

  • @cherryfries623

    @cherryfries623

    2 жыл бұрын

    @@louissanderson719 because he cares about his employees and doesn’t seem them as discardable trash?

  • @bandito4492

    @bandito4492

    2 жыл бұрын

    @@louissanderson719 maybe cause they wanna thank him for changing their lives, yeah didn’t have to do it, but did it anyways just like how he raised their yearly salary, and his company is still thriving cause of his employees.

  • @SLXMLORDS

    @SLXMLORDS

    2 жыл бұрын

    @@louissanderson719 money doesn’t matter if people don’t think to give you gifts no one likes you.

  • @preben42069

    @preben42069

    2 жыл бұрын

    @@louissanderson719 i think he got less and less of a millionaire over the 6 years he wasn’t paid millionaire money if you know what I’m saying?

  • @mollycblaeser
    @mollycblaeser2 жыл бұрын

    We need more CEOs like him. The fact that politicians and capitalists trashed him is so disappointing. They're so greedy and out of touch.

  • @bsokol_

    @bsokol_

    2 жыл бұрын

    As a capitalist I can’t agree more 😂

  • @phifrom5

    @phifrom5

    2 жыл бұрын

    Unfortunately he's a serial woman abuser/assaulter. Why does this always happen with the nicest-seeming guys? :(

  • @jakeyjakes_

    @jakeyjakes_

    2 жыл бұрын

    You should stretch before you reach

  • @Beksiee

    @Beksiee

    2 жыл бұрын

    @@browncatwithblurredbackgro2461 shut up bro

  • @user-ur5fz5ol8n

    @user-ur5fz5ol8n

    2 жыл бұрын

    @@browncatwithblurredbackgro2461 how many older people do you think can genuinely preform at a job that I assume is 99% computer and over the phone work. Has nothing to do with whom he hires and everything to do with the fact that the older generation isn’t as good with technology by large.

  • @MysteriMustacheToast
    @MysteriMustacheToast8 күн бұрын

    This is what an actual work family is. Shady business owners have ruined that term for years but this guy got it down pat.

  • @MegaJeremy1234567
    @MegaJeremy123456722 сағат бұрын

    Bless his soul. This made me cry in joy hearing how great a person can be.

  • @ghost245353
    @ghost2453532 жыл бұрын

    Obviously, he clearly proved that American CEO's NEED to pay their employees more.

  • @recklart8592

    @recklart8592

    2 жыл бұрын

    More than that, he proved a socialist business model works.

  • @TheDumontShow

    @TheDumontShow

    2 жыл бұрын

    Exactly. He proved it right there. Just look at him. That man still strive after giving his work a great salary. He understood that his workers were too priority and you can't take money with you when you die. So why hoard it

  • @agentpiggles6685

    @agentpiggles6685

    2 жыл бұрын

    @@recklart8592 no a socialist buisness model does not work, in one case of an incredibly selfless man yes, but it is incredibly unsustainable, if all buisness models were like this, than no one in their right mind would ever start a business, to take all the risk and reap a reward the same as you’re employees, why not just be an employee? This is ofc if you’re theorizing that in a perfect socialist utopia businesses would have to do this, it’s just another reason why socialists can’t put more than 2 seconds of thoughts into their ideas

  • @agentpiggles6685

    @agentpiggles6685

    2 жыл бұрын

    @@recklart8592 not to mention most businesses have razer thin profit margins, already not every company is billion dollar mega corporation, and literally cannot afford to pay workers any more than they already do, socialists are extremely stupid

  • @LFPMultimedia

    @LFPMultimedia

    2 жыл бұрын

    @@agentpiggles6685 wealth is created from labor which is why Bezos went to space for fun while his workers are peeing in bottles and dying from over work. Socialism is sustainable which America fought several wars to end it.

  • @bradstoner7226
    @bradstoner72262 жыл бұрын

    This guy is a hero. He didn't let Greed control him like 99% of most CEO's!

  • @samuelsanchez2010

    @samuelsanchez2010

    2 жыл бұрын

    But we will not be satisfied, than they will want a raise later down the road. How much can you pay them?

  • @sandhanitizer15

    @sandhanitizer15

    2 жыл бұрын

    Lets raise that number to 100% and just say he's the one CEO ever to not let freed control him.

  • @lindascott3973

    @lindascott3973

    2 жыл бұрын

    @@samuelsanchez2010 did you watch the video? When there was a downturn during Covid19 the employees voluntarily took pay cuts. Now that's loyalty. You get what you pay for. This company pays for happy, motivated, loyal workers. And generous, they chipped in to buy the boss a fancy car! Similar story: an ice cream shop started offering I think it was $15 an hour. Now they have plenty of staff, unlike all the places you see who can't get anyone to work for them. And the owner pointed out how the staff are happy and cheerful because they didn't have to work 3 jobs to survive and the business was doing great because people wanted to go there for the excellent service.

  • @brookelarson8645

    @brookelarson8645

    2 жыл бұрын

    He is ABSOLUTELY AMAZING! HE HAS BLESSED so many people, even taking a pay cut from his own self! Greed is not in his moral compass & I pray his business goes on to be so successful especially during this darn pandemic for many many many year's to come!!! We need more businesses & CEO's/CFO's like this! The world would be such a beautiful place if we can do things like this! Coming together by putting other's above yourself! Absolutely love it..You good sir, are a rock☆star! Sending you love & praise from Cali!

  • @russellkasprzyk4934

    @russellkasprzyk4934

    2 жыл бұрын

    99.9

  • @godsgirl6273
    @godsgirl62737 күн бұрын

    THIS ❤️❤️❤️❤️made my heart less hardened about corporate greed. BEAUTIFUL SOUL MR. PRICE🥰

  • @BravoTwo1
    @BravoTwo12 жыл бұрын

    More businesses need to do this, I’m sorry, should WANT to do this.

  • @myivyfindstore

    @myivyfindstore

    2 жыл бұрын

    Well said.

  • @andriod8014

    @andriod8014

    2 жыл бұрын

    You do realize he succeeded because of the pr right? No one ever heard about his company but when he announced the equal pay. Everyone knew, everyone started doing business with them, increasing revenue and helping the 70k paycheck. If you read more on it, they were other problems he faced. Some of his long term employees left. His brother who confounded the company, sued him. It also matters on the occupation. Would you a phd student, who spent $200k on education, years of studying want to be paid the same amount as a bachelors student? No of course not. I am not trashing him, he did good, but this doesn’t apply to all businesses. No if this happens on another small company, it’s not gonna be the same.

  • @OCFilmFan

    @OCFilmFan

    2 жыл бұрын

    @@andriod8014 You’re ignoring the fact that he forfeited his million dollar salary, and that karma attracted other like minded clients to his business. That karma also fostered the kind of loyalty that prompted employees to voluntarily cut their pay to keep the company afloat when their client roster shrunk during the pandemic. All of his employees are thriving. And not everyone with a ph.d. gets a starting salary of 70k.

  • @insertclevername4362

    @insertclevername4362

    2 жыл бұрын

    But what about the new employees he could have potentially hired, instead of helping the lucky few. Especially when considering when we first read about this guy i think we all knew he would be ok, he would be praised by many of the people who surrounded him, so its not like it was a bad business decision. The problem with making the US like Europe where it seems to be like a socialist utopia is that they just aren't as big as us, and diverse of lifestyle as us

  • @ariloves10

    @ariloves10

    2 жыл бұрын

    @@andriod8014 the fact is that they succeeded, and in business as in life, there will be casualitirs of war. That 'war' being an inability to achieve a successful meeting of the minds. De Niro said famously in a movie I don't recall its name, " everyone wants the baby, but no one wants to go through childbirth." To the employees who 'invested' in the company, their sacrifice is deserving of their reward.

  • @Belieberyazmine
    @Belieberyazmine2 жыл бұрын

    I don't understand why anyone would be upset with a CEO give his employees a livable wage. Both my husband and I work full time and we are still living paycheck to paycheck. Wish this was the norm for more companies

  • @ultraplusmusic6101

    @ultraplusmusic6101

    2 жыл бұрын

    Because they are greedy and wicked.

  • @jennifer7648

    @jennifer7648

    2 жыл бұрын

    Same!!

  • @DJ-ov2it

    @DJ-ov2it

    2 жыл бұрын

    @@ultraplusmusic6101 ???????????????????????

  • @moctezuma_2

    @moctezuma_2

    2 жыл бұрын

    It's complicated, right? Capitalism allows companies to find the cheapest labor possible, if they so choose, in order to maximize profits. For a janitor at a local gas station, this might be $8/hr. Whereas a manager at a local restaurant might make $40k/yr. Either way, it's bare minimum based off the market and what people will accept. This guy, however, comes in and says $70k/yr minimum, regardless of market. This is simply an entirely different philosophy then everyone else operates off of. His philosophy requires thoughtfulness and sacrifice and is based off a concrete ideology: that people should make a living wage (of course, what a "living wage" is can be debated). At the end of the day, if the result of all this is that people stop accepting such low salaries and businesses have to start paying their employees more money, I don't think it will be that big of a deal. But as of today, companies are pushing back mostly because they know a large percentage of people are willing to accept much less than 70k. Therefore, raising salaries above what's necessary to hire the employee is foolish (in their minds).

  • @erosbutyassified

    @erosbutyassified

    2 жыл бұрын

    how ? …

  • @20BKing
    @20BKing7 күн бұрын

    Too bad more CEO's aren't like this man.

  • @craigcorbin4098
    @craigcorbin40988 күн бұрын

    Thanks algorithm, reviving a video that is 3 years old. Since this video aired... This happened (Seattle Times) ..."Price resigned as CEO from Gravity in August following accusations of assault and rape that have resulted in two police investigations."

  • @PeridotPrincess
    @PeridotPrincess2 жыл бұрын

    He makes $70,000 annually along with his employees. How many CEO’s would be willing to do that? This is simply awesome! Hopefully, we see so much more of this in the future.

  • @Words-of-encouragement.-.

    @Words-of-encouragement.-.

    2 жыл бұрын

    Very few. Which is also fair if that's how you choose to run your own company. I just don't agree with underpaying employees. You can pay employees a good salary/hourly wage and still make more than them.

  • @JohnDoe-qz1ql

    @JohnDoe-qz1ql

    2 жыл бұрын

    And the thing is that other CEOs, no average, make much more than him. A cut to other CEOs wouldn't even their pay relativa to employees.

  • @inorite4553

    @inorite4553

    2 жыл бұрын

    Kinda makes you realize that when it comes to CEO and employee pay, the free market doesn't work.

  • @bmona7550

    @bmona7550

    2 жыл бұрын

    Smart since most CEOs or the ultra rich end up feeling listless and empty hoarding all the money. He dodged a depression bullet

  • @michellep9536

    @michellep9536

    2 жыл бұрын

    True, but a part of me feels like they deserve all that money, y'know? Like they put in the work for it

  • @tativasmr
    @tativasmr2 жыл бұрын

    It’s so sad a CEO that actually pays his employees a livable wage & treats them great is such surprising news.

  • @AhseemCarter

    @AhseemCarter

    2 жыл бұрын

    Wdym by livable wage? What do you consider “livable”?

  • @KeiAngelus

    @KeiAngelus

    2 жыл бұрын

    @@AhseemCarter not having to live paycheck to paycheck while also having enough to spend to live a middle class life.

  • @intensifier2182

    @intensifier2182

    2 жыл бұрын

    This is not livable in Seattle if you include things such as retirement savings and private schools.

  • @sirhuggles

    @sirhuggles

    2 жыл бұрын

    @@AhseemCarter a livable wage is 70k is seattle. Can’t remember where it is, but there’s an article out there somewhere about it.

  • @Uhhbyeee

    @Uhhbyeee

    2 жыл бұрын

    @@intensifier2182 ok but that’s if you chose to send your kids to private school. A lot of people still go to public schools

  • @ModestCasanovaa
    @ModestCasanovaa4 күн бұрын

    This is something you never see. Someone with integrity and morals still alive in flesh.

  • @BIGGYBROS
    @BIGGYBROS23 сағат бұрын

    Dam this makes my eyes water. That CEO needs to run for President.

  • @Bergen98
    @Bergen982 жыл бұрын

    I like how they called him “socialist” for just giving normal wage. That’s some low standards they have in the USA lol

  • @NetSkillNavigator

    @NetSkillNavigator

    2 жыл бұрын

    lol 😏Ikr ..

  • @kinginferno934

    @kinginferno934

    2 жыл бұрын

    you think what he did is some small thing with no significance?

  • @tomholy

    @tomholy

    2 жыл бұрын

    Right on.

  • @MrBruteSmasher

    @MrBruteSmasher

    2 жыл бұрын

    It’s the narrative and it’s been the narrative for decades. Anything these corporate lobbyist don’t like is labeled socialism

  • @franknwogu4911

    @franknwogu4911

    2 жыл бұрын

    That's not a "normal wage" the highest income per captia in the world is Luxembourg at just above $52,000. How is $70,000 a normal wage?

  • @sjtheartisan
    @sjtheartisan2 жыл бұрын

    Probably the best example of how a CEO takes care of his people, and they in return give him fierce loyalty. It’s about the relationships at the end of the day

  • @jasminaokicic2563

    @jasminaokicic2563

    2 жыл бұрын

    Thought the same thing. This is amazing Wow 😍

  • @joshdepaola4002

    @joshdepaola4002

    2 жыл бұрын

    Probably the only example as well.

  • @namamora1190

    @namamora1190

    2 жыл бұрын

    @@AddBowIfGirl socialism can work in a very small scale, but when u talk about millions that is a complete diferent beast, there is no control over what everyone is doing, u will have alot of people just sitting around doing nothing waiting for the pay check, and that will create a domino effect that will colapse ur system, socialism is based in the naive premise that everyone is an angel and will do what he is suppose to do for the good of everyone else, and that... is just stupid.

  • @jinchuriki7022

    @jinchuriki7022

    2 жыл бұрын

    "Its alot" what?

  • @stephanweinberger

    @stephanweinberger

    2 жыл бұрын

    @@namamora1190 strange though how those socialist policies are actually working in most industrialized countries... basically the whole of Europe (about twice the population of the USA) is made up of social democracies.

  • @rcane6842
    @rcane68426 сағат бұрын

    We need an update on how it's going for him, his employees, and his company

  • @reece2376
    @reece23764 күн бұрын

    Life is about the friends you make along the way and this guy gets it. A leader who gains loyalty through respect rather than necessity.

  • @shannonshannonbobannon5040
    @shannonshannonbobannon50402 жыл бұрын

    Sad that it was “shocking” that an employer actually cared about their employees.

  • @kewltony

    @kewltony

    2 жыл бұрын

    If you want this guy to block you on twitter, point out that his building management company hires a janitorial staff that doesn't make $70,000 a year.

  • @nahomegirma3596

    @nahomegirma3596

    2 жыл бұрын

    Exactly!

  • @isatuck5079

    @isatuck5079

    2 жыл бұрын

    I mean to be fair though, there’s really no shortage of workers, so it’s hard to get companies to care about workers at all.

  • @Ryan-Fkrepublicnz

    @Ryan-Fkrepublicnz

    2 жыл бұрын

    and doubled his profits!!!!

  • @naomizimik6202

    @naomizimik6202

    2 жыл бұрын

    Ikr!

  • @jasmineburch3030
    @jasmineburch30302 жыл бұрын

    He should be teaching in every MBA program across the country. His humanity yields what money cannot not buy; community. America could use a reboot in this humility.

  • @drduzzit8761

    @drduzzit8761

    2 жыл бұрын

    Amen to that

  • @Augfordpdoggie

    @Augfordpdoggie

    2 жыл бұрын

    thats why i left permanently and came to Africa

  • @mr.horrorchild4094

    @mr.horrorchild4094

    2 жыл бұрын

    Not everyone should get a 70000 dollar paycheck 🙂

  • @SueDeNym08

    @SueDeNym08

    2 жыл бұрын

    @@mr.horrorchild4094 Not every person would want it. Employees whose values align with this company are the ones who want to work there and are earning their pay. People who don't work hard, aren't team players, or are self-serving either left or didn't get hired. I see no problem using a pay scale to weed out unwanted employees.

  • @posh7079

    @posh7079

    2 жыл бұрын

    So that every future business owner can bankrupt their company within days? nice!

  • @Festivex1
    @Festivex16 күн бұрын

    I wish there were more people like this, all loyal to eachother.

  • @StrEetThief2
    @StrEetThief24 күн бұрын

    You can tell he was brought up well, his parents should be proud!

  • @OhHeyItsShan
    @OhHeyItsShan2 жыл бұрын

    They took a voluntary pay cut when times were hard and when things returned to normal, the company actually paid them back for what they had lost? Amazing! Who would want to leave a company that cares for you this much?

  • @whodis5774

    @whodis5774

    2 жыл бұрын

    What capitalism should be; businesses with excellent leadership have terrific flexibility

  • @joegossom3961

    @joegossom3961

    2 жыл бұрын

    Sadly capitalism controls what americans hear see & know. This must be spread by the people for the people against the corporate interest.

  • @mclilzenthepoet2331

    @mclilzenthepoet2331

    2 жыл бұрын

    @@whodis5774 this isn't capatilism what this boss is doing is giving his workers there actual value that he would usually take in the name of "excess profit" if you know you know

  • @nickl5658

    @nickl5658

    2 жыл бұрын

    @@whodis5774 What is happening in this business is not capitalism. It is not cost effective as capitalism would desire. Instead this is socialism. The companies prides itself on the number of babies its workers have. That is a company focusing on the social aspect.

  • @MrCAHRLIE22

    @MrCAHRLIE22

    2 жыл бұрын

    @@nickl5658 spot on

  • @lukasfuster8172
    @lukasfuster81722 жыл бұрын

    It’s so obvious that the people calling him “socialist” and “crazy” solely care about money, not the lives of those working under them. They could care less if their employees can barely make ends meet, as long as they’re making a ton of money that’s all that matters. THIS is the type of business man we should admire, the one that puts his employees before money. Love this guy

  • @allwhatilove914

    @allwhatilove914

    2 жыл бұрын

    He is selling his homes, getting the same amount of the employees and emptying his savings. He is not thriving, he is barely surviving and soon when there will be nothing else to sell or money left to cover the bills the company will close and all those employees will move on and look for a new job while he will be left alone to pay the bill of his bankruptcy for a lifetime. The only thing they will say is "We are so sorry". They will also not care if he makes the ends meet. This is life.

  • @absbabs6153

    @absbabs6153

    2 жыл бұрын

    @@allwhatilove914 is that why his employees volunteered to take a pay cut during the pandemic and still all have their jobs AND got paid what they lost from takin the cut? You assume hes not doing well because hes not rich like he was before, even though their company is doing well? Most of his employees wouldn't have been able to start families and would be looking for a second job if they still got paid what they originally did. And no one is saying all CEO's have to make the same as the employees, just that if workers were actually paid better then people would ultimately spend more energy on the company and spend more money on themselves which helps the economy overall.

  • @hhbddjstar

    @hhbddjstar

    2 жыл бұрын

    @@allwhatilove914 Yes, but that doesn't mean he cannot survive. You can comfortably live off of 70k in America easily. He is now tripled his profit, and double his task force. They are more well-trained and experienced, more familiar with the company's structure and customer base. Less resource is wasted training new staffs. During pandemic, the company got hit hard. It coulda go bankrupted. But employees all willing to take a temporarily paid-cut. Once company bounced back, Gravity, willingly, paid them back in full. Millionaire Stephen Prince said it himself, the rich can easily take a cut from their own wage to give all their employees a paycheck that help them to thrive, and it wouldn't change their lifestyles. But they won't, cuz they greed.

  • @johnp7739

    @johnp7739

    2 жыл бұрын

    He's doing all of this voluntarily. Nothing socialist about that. Socialism is when someone puts a gun to your head and forces you to pay taxes to give them to someone else (or waste on some gov't project).

  • @pani2282

    @pani2282

    2 жыл бұрын

    @@johnp7739 you don’t know what the word “socialism” means😂🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️

  • @JRG333
    @JRG3337 күн бұрын

    You have no idea how inspiring this is. It is possible, to actually have a company that gives it's employees the ability to thrive. Look how happy they look and they are able to have kids and a home! Things that many people including myself now see as a luxury. This took a massive risk from the CEO Dan, but I am so grateful his story is a success. Had I been an employee I would have also been fiercely loyal for that man. He exposed the gluttonous greed CEOs who get raises while their workforce gets peanuts.

  • @KNByam
    @KNByam6 күн бұрын

    I bet any of those people would give this man a kidney. You treat your workers good they will go above and beyond the call of duty.

  • @iEatCarKeys
    @iEatCarKeys2 жыл бұрын

    There's a difference between a boss and a leader. A boss sits and forces his followers to drag him around, but a leader pushes with his followers. Well done.

  • @ninjatortise8958

    @ninjatortise8958

    2 жыл бұрын

    Yes, but the followers should be grateful they even get to follow the leader in the first place and not be greedy with the leaders generosity

  • @Brian-pk1ol

    @Brian-pk1ol

    2 жыл бұрын

    100%!!!

  • @oneofyou6773
    @oneofyou67732 жыл бұрын

    He found happiness, meaning, purpose, legacy, respect, appreciation, support, trust, loyalty, growth and love. Not to mention success. Other CEOs made nothing more than money. The mere fact that he was attacked for having a good heart just shows you how corrupt the corporate culture is.

  • @clarkkent1523

    @clarkkent1523

    2 жыл бұрын

    He not only found it, but he’s spreading it. He’s truly blessed.

  • @rozlynreynolds1

    @rozlynreynolds1

    2 жыл бұрын

    Nicely said.

  • @srednaart

    @srednaart

    2 жыл бұрын

    So true!! He has what really matters, and has made people's lives better as well

  • @oneshoe7146

    @oneshoe7146

    2 жыл бұрын

    Exactly!

  • @lucsonmitton9344

    @lucsonmitton9344

    2 жыл бұрын

    Well said he needs to start his own MBA programs too…put them all to shame. God Bless this man

  • @macsandford5725
    @macsandford57253 күн бұрын

    With 70K you’d think their fridge wouldn’t be empty

  • @Monkey_D_Luffy56
    @Monkey_D_Luffy562 күн бұрын

    The wealth isn't about the money, it's the friends you made a long the way.

  • @BRUtahn
    @BRUtahn2 жыл бұрын

    Dude, this guy is responsible for some new entire people coming into existence with his generosity. That's incredible.

  • @stunna313

    @stunna313

    2 жыл бұрын

    #godfather

  • @guysumpthin2974

    @guysumpthin2974

    2 жыл бұрын

    Priceless ...

  • @call_me_cooper

    @call_me_cooper

    2 жыл бұрын

    @@stunna313 😂😂❤️

  • @boa9557

    @boa9557

    2 жыл бұрын

    @@blakejohnson3864 what

  • @cormano64

    @cormano64

    2 жыл бұрын

    @@boa9557 Don't worry, it's just Thanos learning to write on KZread comment sections.

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