Company X
As Patrick opens his eyes at 9:16 am on Monday
morning, he first pets his dog Puck, and kisses his wife
Elaine on the cheek, before brushing his teeth. He then
checks on his kids, Tristan and Tirzah (pronounced teerza),
who are watching cartoons, like any other twins would do
early on a summer morning. Patrick then walks into the den
of his Spanish Colonial home in West Chester, PA, and turns
on the computer. While he lights his Ashton cigar that he
lights for only a few moments each morning, Elaine enters
the room with his sunrise caffeine…a can of Pepsi. She
asks him if he has time for a little play time before he
has to get to work, and Patrick replies by saying, ?no, I?m
running late.? After they both finished laughing, Patrick
did finally get to work at 10:42 am, following a tickling
session, and washing his wife?s hair in the shower.
The work day began as Patrick went back into the den,
logged on to the Internet, and met up with Dong, Jose and
Shenah-nah; three co-workers/co-owners/co-employees of
their company Real-X-State. The reasoning behind the
confusion of who is in charge of the company is because no
one is. That was the original intent that began the
companythat Patrick founded November 12th 2000, while
writing a paper for a class at Cabrini College. His idea
was for the company to be bucket of success. Every employee
of Real-X-State, no matter how long they have been with
the company, makes 50% of the profits that they generate,
and the other half goes into the company bucket to pay for
computers, stationary, bills (such as our account Al Smith
who we pay to do our taxes), and other miscellaneous
expenses. The balance left over pays for a company vacation
that all 16 employees and one guest get to enjoy. Everyone
is equal, and everyone makes their own hours. The more
money that an employee makes for the company, the more they
make.
While online the team chats, as they continue their
research over thousands of web sites that list information
about real estate. They find the perfect property that is
under priced due to the amount of work that it needs, or
the foreclosure that it is under. Whoever finds the
property, handles all of the contractors and paper work
involved via a company expense account, that is repaid
before profit is made upon resale. All outside resources
used such as appraisers or accountants must be
entrepreneurs themselves, in order to qualify for our
business.
Patrick then joins the rest of his partners a the
meeting that the have set up. Not at some boring room with
smelly wood and leather executive chairs that are supposed
to impress you, but they really only make your rear end
sweat: but, at Outback Stake House, where they can enjoy
each others ideas and a 32 ounce Fosters. Patrick then
raises his glass to his 15 partners of every race, gender
and age, and toasts: ?Here?s to us!?
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