Quote:
Originally Posted by Joeaksa
Four years ago worked for one of the owner's of the Phoenix Suns. We went to the company Christmas party and were all having a good time when the owner started giving a speech. He got to the end and asked us how many were in the company 401k program. About 80% of us raised our hands.
He then went on to say "whatever you have in your 401k plan today will be doubled out of my pocket tomorrow. Thanks and we could not have had as good a year as we did without you. Merry Christmas!"
There was stunned silence for a bit then everyone applauded. I talked with him afterwards and found out that it cost him $1 million to do that. Our gross that year was $1.4 billion. He owned the company outright with no debt so it was a very good year. Unfortunately he sold the company 6 months later and retired at age 42.
I just found out a couple of weeks ago that I will go back to work for him full time at his new company sometime next year. Its been a very good Christmas for me getting that news, and of course it was back then as well. I made $60,000 in the 401k bonus that night.
No need to say that we bend over backwards to make sure that things are done right working with him. You could not have a nicer person to work with than him.
Joe A
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Errr...does he need an accountant...