Hey guys,
Im starting this thread in response to some other threads Ive seen ghosting around in this forum. The topic in the other threads were about how low wage workers are getting such "huge relief packages" due to corona, and how its completely unfair compared to the other harder working people.
This got me thinking, because actually, whats really happening is that people on all levels: mainly business owners, are also getting the same relief packages, relatively seen, even bigger ones !!
Sure, an unemployed or unsalaried worker is getting some relief right now, but so is the middle class and so are business owners. And the packages are higher... like way higher.
If you are somebody who already had a running business before corona, in Germany at least, you are now able to apply for pretty good financial relief packages. Even for 1 person companies. This opens a whole other world of opportunities.
Im in the situation myself right now. I run a 1 person private company, adding my first employee on 01.05.2020.
The relief im able to apply for is equal to a total of 11,5k Euros (9000 Euros from federal relief and 2500 from state programs).
This is going to be huge for my business, I cant believe its happening! Im so excited... but there has to be negative side effects to all of this, right? I mean.. there must be?
I dont even want to start talking about the relief packages that bigger companies are getting. 5 people+, 25 people+, 150 people+ and 250 people+ companies, the relief packages get bigger and bigger.
Once you're talking about more than 250 employees, the relief packages are somewhere in the billions, its insane!
Until now, I haven't even dared to imagine how scary all of this could become. And I have to admit, im kind of worried.
Corona just seems like the tip of the iceberg, compared to whats still to come in terms of economic crisis.
I really dont want to paint the picture too black, I mean, we have already survived the last crises that happened and after all, im an optimist who believes we will also conquer this one.
A lot of change is happening and there are opportunities everywhere. Think about it... usually mega opportunities as these would not present themselves in everyday life during a bull or normal stable economy. In fact, they wouldn't even exist. Now is the time to become the next Bill Gates, Jeff Bezos or Elon Musk.
Millionaires, no... billionaires.. will be made. Who knows, we might even see the worlds first trillionaire emerge from this crisis!
Keep your eyes open and lets all come out of this crisis stronger than ever
Stay safe out there guys and im looking forward to a bumpy ride, with good times ahead!
Im starting this thread in response to some other threads Ive seen ghosting around in this forum. The topic in the other threads were about how low wage workers are getting such "huge relief packages" due to corona, and how its completely unfair compared to the other harder working people.
This got me thinking, because actually, whats really happening is that people on all levels: mainly business owners, are also getting the same relief packages, relatively seen, even bigger ones !!
Sure, an unemployed or unsalaried worker is getting some relief right now, but so is the middle class and so are business owners. And the packages are higher... like way higher.
If you are somebody who already had a running business before corona, in Germany at least, you are now able to apply for pretty good financial relief packages. Even for 1 person companies. This opens a whole other world of opportunities.
Im in the situation myself right now. I run a 1 person private company, adding my first employee on 01.05.2020.
The relief im able to apply for is equal to a total of 11,5k Euros (9000 Euros from federal relief and 2500 from state programs).
This is going to be huge for my business, I cant believe its happening! Im so excited... but there has to be negative side effects to all of this, right? I mean.. there must be?
I dont even want to start talking about the relief packages that bigger companies are getting. 5 people+, 25 people+, 150 people+ and 250 people+ companies, the relief packages get bigger and bigger.
Once you're talking about more than 250 employees, the relief packages are somewhere in the billions, its insane!
Until now, I haven't even dared to imagine how scary all of this could become. And I have to admit, im kind of worried.
Corona just seems like the tip of the iceberg, compared to whats still to come in terms of economic crisis.
I really dont want to paint the picture too black, I mean, we have already survived the last crises that happened and after all, im an optimist who believes we will also conquer this one.
A lot of change is happening and there are opportunities everywhere. Think about it... usually mega opportunities as these would not present themselves in everyday life during a bull or normal stable economy. In fact, they wouldn't even exist. Now is the time to become the next Bill Gates, Jeff Bezos or Elon Musk.
Millionaires, no... billionaires.. will be made. Who knows, we might even see the worlds first trillionaire emerge from this crisis!
Keep your eyes open and lets all come out of this crisis stronger than ever
Stay safe out there guys and im looking forward to a bumpy ride, with good times ahead!
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