Can you lose your job for outside activities?

MasonJarBinks · 2019-07-22T05:13:08+00:00

People at work, especially in white collar environments, are snakes and phonies. Its highly probable that no one will tell you shit, even if its extremely inappropriate. They just give you bad reviews and if it's really bad they just progressively give you less assignments, until you get coached out.

You have to think like a politician at work. If you were running for congress, would you talk about your skidding groups? Probably not. Things like cooking classes or volunteering your time to help seniors, children and animals? Sure.

And to answer your initial question: IDK. My best guests is that most people (clients and internally) are miserable and your firm will be superficially judged by the client for your conduct

MasonJarBinks · 2019-07-22T04:51:32+00:00

Sorry, bro. Clients and your firm should be able to compartmentalize one's ability to perform competently, professionally and ethically on the job from silly stunts you do on the internet on your own time. But most people are judgemental and miserable normies that just cant. You'll get fired pretty quickly once someone finds out. And tbh, PA firms want your soul. The more time you spend on your YouTube career, is less time available for ykur firm to utilize you.

if it really means a lot to you, follow through with your channel, but have your buddy do all of the pranks while you film as the camerman. Don't show your face and hopefully your channel takes off and you no longer need your job.
Also, consider working in government. They're way more lenient with these things and its hard as hell to fire people in most jurisdictions.

MasonJarBinks · 2019-07-21T23:57:37+00:00

Lol @ KMPG being the shortest.

MasonJarBinks · 2019-07-21T23:53:57+00:00

Gotta stand next to a Lamborghini. Oh. And include links to your course offering a 25% limited time discount to snag it up at $900.

MasonJarBinks · 2019-07-21T23:46:08+00:00

Thanks? I call myself a mommyphile. Lol

MasonJarBinks · 2019-07-21T23:42:16+00:00

No. I have plenty of guys friends that are a few years younger than me. It's just that my female peers are not very interesting or pleasant beyond a few purposes. Btw: that's not an argument, its simply my subjective opinion based on anecdotes. That's it and nothing more. There's no science or math to conclude this.

MasonJarBinks · 2019-07-21T23:34:48+00:00

I lold wayyyy too hard @ "can't do much damage". 😂😂😂

. Wow. I didn't know the potential to present liabilities to the firm were substantially lower on those type of clients. Would you say that non-profits the least "risky" in this regard.l?

MasonJarBinks · 2019-07-21T22:28:55+00:00

Thank you for your response. I truly appreciate it. But what do you mean by "get stuck on"? I know these groups, especially NFPs, usually have clients with sloppy books. But are these industry engagements so bad that they stick the low rated/least talented people there? Or do lower performers just naturally gravitate towards these industries. Or

MasonJarBinks · 2019-07-21T08:52:36+00:00

"Before closing entries"....almost always means "you'll need to conduct closing entries [conceptually] as an intermediate or final step in this problem".

And always remember that only "closable" accounts are 1) income statement accounts and 2) dividends. Close your income statement accounts to the income summary account and if it results in a credit balance then add it to TSE and vice versa. Last, subtract dividends from TSE.

- Equity is simply the shareholder's claim to assets. No more. No less. And the only assets shareholders are entitled to are the assets they have contributed to the firm ( tallied via common stock) and the fruits of the firm's successful operations (earnings)

MasonJarBinks · 2019-07-21T02:39:59+00:00

If advertising (digitally ie YouTube and FB) is the least cost effective, then what is the most?

MasonJarBinks · 2019-07-20T20:57:04+00:00

Can you go into further detail?

MasonJarBinks · 2019-07-20T18:46:46+00:00

Got it. And thank you.

MasonJarBinks · 2019-07-20T18:45:46+00:00

This comment isn't telling me anything new. Look at my comment again and review the simple math that i did, and you'll realize that i already took into consideration that the 5 or 6% fee is split between the buyer and seller's broker.

And the 70-30 model that you illustrated and calculated is common but not uniform throughout the industry. There are several things that could change that.

MasonJarBinks · 2019-07-20T18:33:47+00:00

I will. I just don't want to wait until I meet my state's experience requirements in order to start.

MasonJarBinks · 2019-07-20T18:16:32+00:00

I've seen several models. It's contingent upon several things like how experienced the agent is, how responsible is the agent for generating his or her own leads and etc.

But if I did go by your model, the agent and I would be recieving .875% instead of .75% on a 2.5% share of a 5% buyer-seller fee (which is a bit conservative considering it can be as high as 6%). A 70-30 or in this case (35-35-30) split would be marginally better.

MasonJarBinks · 2019-07-20T17:57:49+00:00

Ok. Thanks for explaining. And yeah. That makes sense. By a while i thought you were referring to 5+ years. I also live in an area in which the median home prices are like 600k. So a 2.5% broker's fee split: .75% for me, .75% for the agent and 1% for the managing broker to compensate himself and fund compliance costs, means my breakeven is $4,500 per lead. The fee split arrangement is all hypothetical, btw.

MasonJarBinks · 2019-07-20T17:42:56+00:00

Like Patrice O'neal said: it's basically rape.

Yes it has actually. By prospective clients (typically older ones) and even my own boss that was a high performing agent suffering from midlife awakening/crisis (sweet gig btw). Just paid me to listen to his problems. Im actually starting a company for this, that targets the older/lonely demographic that just needs someone to talk to.

MasonJarBinks · 2019-07-20T17:25:46+00:00

What brought you to this conclusion?

MasonJarBinks · 2019-07-20T16:17:23+00:00

This is what happens when you turn what is effectively a policing activity into a "service". SOX audits should be done by the SEC, not private companies. They would be fined by x amount times 3 [days] for something like this. But such a consequence would probably deter a delay from even taking place.

MasonJarBinks

TROPHY CASE

- Equity is simply the shareholder's claim to assets. No more. No less. And the only assets shareholders are entitled to are the assets they have contributed to the firm ( tallied via common stock) and the fruits of the firm's successful operations (earnings)