The Single Bigge$t Payday in the History of Business
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…and Why It Depresses the Hell Out of Me as a Businessperson!
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An original Business blog article by Yonatan Maisel exclusively at JobShuk
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As I take a break from writing (I’m the owner of a small, one-person, freelance writing business), perhaps, like you, I am contemplating how I will be able to pay bills and stay afloat.
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And as I contemplate the dog-eat-dog, competitive world of business, survival and getting by, I decided to do a bit of research. I wanted to discover who received the biggest paycheck for time worked in Business history.
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The answer?
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As coal miners at this very moment cough and toil away a mile below the ground in conditions which can turn deadly in the blink of an eye (statistic: 5,000 Chinese coal miners die in the average year…
…their average pay is US $2/hour)…
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As single moms and dads work double-shifts to put food on the table for their family…
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As those seeking work in the current global economic downturn and whose unemployment benefits have run out…
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As talented, motivated and capable people with disabilities fight for their rightful place in the workforce, only to find most doors of opportunity closed to them…
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Keep this in mind…
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In 1988, heavyweight boxer and undisputed champion Mike Tyson earned $22 Million in his bout with challenger Michael Spinks.
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The bout which ended by knockout at 1:31 of Round 1 lasted a mere 91 seconds.
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The math? Tyson earned a gaudy $241,758 per-second!
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I decided to take, at random, one occupation from the Scribd list of U.S. Jobs Sorted by Hourly Wages:
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Emergency Medical Technicians and Paramedics. According to the Scribd list (based on U.S. Dept. of Labor statistics for the year 2008), they earn an average of $14.30/hour.
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At their average wage of approximately 31,000/year, it would take 710 years to earn as much as Tyson earned in 91 seconds…
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In the Democratic Republic of the Congo, the average annual income is US$306. Number of years to earn $22 million? 71,895.
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It is…
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A statistic which truly…
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depresses the shit out of me!
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Image Credits: Gold Bars: www.topnews.in; Tyson vs Spinks: www.thumbs3.ebaystatic.com
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Yonatan Maisel is a Business blogger, history buff and author. He specializes in all aspects of Business writing.
From speeches to resumes, from corporate bios to research, from blogging to website content, from articles to ghost-writing, he provides the highest level of quality at a very reasonable price.
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Shep,
Very depressing and yes, I believe that Tyson is indeed broke!
Yoni
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Jackie,
Sorry about the depression. Perhaps we should learn to box?
Yup, we must keep on kicking…there are bills to be paid!
Yoni
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Heidi?
Debt. Foreclosures. Homelessness. Hopelessness. Recession.
$22 Million?
It’s hard to stomach!
Yoni
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It’s just a fact of life that the idols America worships make ungodly amounts of money (you’ll notice I didn’t say “earn”). The value system is all screwed up.
Our rewards will come in the next world 🙂 In the meantime we need to stick together and help each other.
Yoni – please contact me offline when it’s convenient for you – I’d like to chat about your break, and helping some potential (if they can find work) new olim.
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