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2023-01-05 - 1:12 p.m. MEMO TO VEC Small business owners without capital are FUNDING THEIR OWN COMPANIES when start ups. they use CASH basis of accounting. Cause they can not rely on expected payment for services due.
To be expecting accrual accounting for self employed small businesses is just ridiculous. To look at the LABOR OF POOR PEOPLE and have VEC payments based on the LOW WAGE LABOR of poor people is BULLSHIT Why? I know it is my honestly my being clear I will be loyal to existing clients that scares employers who want full time. Its like the folks with only one or two kids don't understand how you could possibly be a good parent of many kids and give them all the attention they need. Or the monogamists who can't fathom any polyamory working...o the church who assumes if a priest is married he can't possibly be a leader helping the fold... all those premises are in fact bullshit. Some are shitty in each of those roles WITHOUT other obligations; and some rock each of those roles EVEN IF have other irons in the fire. I just blew the question when they asked directly about me running my own company in the final interview for the last role. ( BUMMER I liked that company and it seemed a perfect fit.) I said "Heck I work hard to NOT be a workaholic, but trust me this- the way I manage that is I am happy to do anything an employer needs but working for myself is gratifying as work done over that 40 hr period will be for my company and my direct clients. I am a workaholic but I am sure to get the gain directly if I choose to go above and beyond. BUT trust this- This role will be nothing compared to the past when I had six companies and multiple computers and emails to monitor every day as I was the contract manager for each. That response did not sit well. But I also know that in every workplace I take on stuff no one else could get done that SAT for years- and cleaned it up. Efficiently ( yeah even if I obsessed and for periods worked 12 hr days. I DO IT to get over cleaning up the mess.) HA HA or I am too efficient and it makes others feel it will be obvious they are not getting as much done. So I learned sometimes to pull back
The honest- Hell no issue working 60 plus hours when the extra is for my profit direct response I could tell made the whole team kinda squirm! HA HA They were obviously surprised and uncomfortable at my blatant honesty. I said I have every intention of maintaining the couple of clients long term to increase my income and have revenue AFTER ready to retire in about 10 yrs from working full time. BUT IT IS TRUE and very motivating to be paid direct at a high rate per hour. Why would that interfere? I Mean I don't want the work of managing all the logistics of MANY Clients if I can have a decent full time job with benefits with someone who can TRUST I won't bail on THEM due to the part time commitment I have to the clients hold. The business owners who assume if you have other client you could not POSSIBLY be able to give what they need exist.... The thing is they could hire someone WITH NOTHING ELSE ON THEIR PLATE who will be overwealmed. I recall the replacement for the one short term gig I was in was in TEARS Week one she wanted to know if the volume and pace and sense of urgency was the NORM and I was like "yeah" but I had no problem with it. I also told her she could easily set her own expectations. I told her MY PREFERENCE is to get work in and flip it immediately. To get it off the plate DONE But that if she needs to work differently that was a company she need not worry about setting her own healthy boundaries of WHAT WORKS FOR HER (THAT COMPANY ROCKED!! ) I calmed her down. Took something off her plate ( that was in the transition- I just did it and flipped it to her to send) Hell that company had a data analyst role I sent to a friend. I watch their postings! OK back to work. Just was spending time on setting up my accounting system. Purchasing a software program I can manage each project in as well as accounting and invoice creation. Low enough price point will improve my efficiency and make that part easy for me. It will help much with bookkeeping, invoicing etc. Last week evaluated some software programs and had to think about it. BUT YEAH I am using CASH Accounting.
VEC is mostly servicing POOR * not typically me, solid middle/upper middle class in a tough temp spot while looking for next sustainable full time role. The working poor on SNAP are THESE WORKERS: LOW WAGE who are the most vulnerable and who are the ones MOST Likely to NOT GET PAID for their labor. Maybe the labor shortage STOPPED that exploitation. But low wage workers are often some of the fucking hardest workers who put in the MOST hours per week. I mean they are the CNAS or the housekeeping crew. I never will forget chatting with those moms and dads- in the offices I did work at, where the companies DID have regular who were paid and there consistently. They almost all had OTHER jobs during the day too. YES it is the working poor getting help So freaking ACCURAL accounting of their LABOR to give benefits is fucking bullshit BUT THAT IS what VEC is based on. I mean the benefit is based HOURS WORKED I just don't get it.
SO yeah I am using cash accounting. That reading just made me think of how fucked up that is that VEC acts like a corporation using accrual accounting for LOW WAGE workers BS � � ![]() |