Pizza shop that paid ‘fair wages’ closing 2 years after it opened — not enough money to stay in biz

The Blaze ^ | 11/02/2017 | Jana Pruet

[ClearCase_guy]

But if their “experiment” had created a thriving business, would they have declared their hypothesis a “success”?

Yes, they would have.

And so since it did not thrive, their disproven hypothesis shows that their effort was a “failure”.

[Svartalfiar]

They might have called it a success, but scientifically that’s not the right term. They successfully proved their hypothesis, or they successfully disproved it. Either one is really a success. The term failure would imply the experiment wasn’t truly unbiased, and did the opposite of the intended result. In which case it’s not actually an experiment.

I’m just arguing semantics :p It’s a boring drill weekend!

[Disambiguator]

“I don’t think anyone is looking at it as a failure,” said Luther Pinckney, a team leader at Dudley Doug”

The wrong people were in charge. Y'know, the same reason communism always fails.

[Chode]

he should have taken out loans to pay them!

RATS aren't smart enough to understand the business model of a lemonade stand...

[HotHunt]

My business professors in college drilled into our heads that the primary goal of any business was to make a profit.

Without profits, there is no sustainability, no capital for expansion, no return for the owners, etc.

This guy missed the make-a-profit step and went straight to the living wage, social equality and community reinvestment direction.

He forgot he had to stay in business. Reminds me of the epic failure of the 20th Century Motor Corp. in Ayn Rand's "Atlas Shrugged". Liberals kids of the deceased owner inherit a successful business and run it into the ground trying to practice socialism as a business model.