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 te erza), 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, Im running late. After they both finished laughing, Patrick did finally get to work at 10: 42 am, following a tickling session, and washing his wifes 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 She nah-nah; three co-workers / co -owners / co -employees of their company Real-X-State. com. 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 company that 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. com, 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 employee 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: Heres to us!