Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1918-07-02
TODAY's BUSINESS EPIGRAM
Don't hold doWn your job, hold II
up.
From l.. NJ. Bostyn.)
What does this mean 10 YOU?
Business Questions Answered

| am twenty eight years old married, sal
airy OF S3l.Zo week, manager OF II small
| work and consequently is greatly IN debt
at present, but has bright hopes for a tine
future Tor all connected with the company.
Here is what bothers me: | doubt very
much II l ever get anywhere while en-
pioyed by them. The owners 1.-TWO princi-
pals, have complete control. and ] will al
ways be an under dog. although receiving a
fsir salary. Now comes along man who
desires me as a partner in business en-
tirely different, VIZ, stock selling, not eH-
actly broker but will be in the future.
| should imagine. The difference in bvs-
ness does not bother me. for ] Will tackle
any line. but the fact that must pur-
secure by equity in stock which has no
market value, but merely stock which he
has sold and can sell this equity. He will
make over life insurance TO protect me in
case he should die; we are to share nifty
NIFTY; both sign checks: that is. no checks
will be good without both signatures; |
to have inside charge and draw up the
agreement. which he will sign. He has a
good LAWYER one I respect and know; seems
me-.
What makes me curious is the fact that
ne wants 5000 from me and is not will
Ing 70 allow this to come out OF my share
or the business. ! put this question to
him and he answered that I was not taking
any risk: that it was all on his side. lie
that his balance was not large now. He
figures on a $1,000 business every month
MAKE nice income to me. OF course. il
would not interest you. but looks good
to me; Now. you wonder how I came to
nnd this man. Being somewhat uneasy
with my present position. answered an
advertisement. with the above result. H."
wanted me to bring my wife in and mont
her. but after consulting with her she sa ID.
what do ! know about, that business"
! conhde az to her. and naturally, n
what IL is. He endeavored to hurry m,
tn answer in way. on account OF
statesmen coming on from New York who
knew him real well and was very anxious
to employ him
would greatly appreciate your advrc"
on this question. and DO not reserve any
criticism OF me. NJ A. n.
have read your letter through with
more than usual thorouehness. The
more think of this proposition. the
less think of II. ] am not in any
way rejecting upon this man. upon
yourself or the proposition but. frankly.
[ feel that you are suffering from a
temporary touch of wanderlust Your
remark that you will tackle any line"
strengthens this belief. Whenever
man begins to hurry me. wonder if
he isn't hurrying me for my money.
Candidly. If 7 We're in your place.
would stick tight to my position. Talk
to the present owners and see II they
will allow you TO buy n little larger
interest. Ask them II they will let YOU
put your savings. say $50 per month.
back into the business. If they are
'hard up at this time, they should
appreciate the chance to ge, sonns money
The machine shop business is evidently
one which you know thoroughly. while
the brokerage business. at best. Is pre-
CariouS and develops the gambling in
stinct. I feel certain that your wife
has advised you to have nothing to do
with This proposition. I know there is
the temptation to make easy money. as
this opportunity seems to offer. but easv
money is like rainbow gold--it is al
ways out of reach. This answer disap-
points you. doesn't It? I think before
a great while you will thank me for
1t, II you are still interested in going
ahead with this business, let me strongly
urge you to get a lawyer of your own
and let him thoroughly investigate both
the man and the proposition.