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This is idiotic. This is not how owning a business works at all. I own a small contracting business and even I hire someone else for payroll.
This sounds suspiciously like bootlicking
The correct answer is to unionize.
Fairy tales that middle managers tell themselves so they feel important and smart for sucking up to the company owner.
The best case scenario while living a capitalist way of life is to be the exploiter. Sure some can save up to buy their emancipation from the economic system, but they will always be behind those who take advantage of others.
What a beautiful life to leave your kids...