Comment on Why don’t more people start profit-sharing companies or co-ops?

AlecSadler@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

I actually tried to do this with a bar I owned back in the day. It was exciting / hopeful.

It went into effect January 1st, 2020. January for bars is rough because people do “dry January” so we hoped February and March would be good.

We all know what happened. It didn’t survive. Spent a good year or so continuing to pay wages and healthcare out of my own pocket, but I hit a point where I had to call it (mostly because I ran out of money and couldn’t get any more loans).

I plan to try again in the future, once I have the loans paid off and some padding saved again.

I also dream of a day where somewhat self-sustaining communes become more prevalent. Everyone living together on a shared plot and exchanging goods & services instead of money. Maybe it’s a pipe dream? I don’t know. I feel like it’ll become necessary over the next 4 years though.

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