Replies

He is the owner. He founded the company when he was 19 years old. As for the costs, it was mentioned above that the math in the article posted is not accurate. I feel embarrassed for the person who wrote it, as it shows a real lack of critical thinking skills. The article seems to assume that no one has any salary right now. The person also doesn't seem to know the difference between net revenue and profits. The company nets like $15 million a year, and has a $2.3 million profit. So if you take into account the fact that not everyone is going to be getting an additional $70,000 (they weren't making $0, and some people already make more than $70,000), then you can see how the overall additional costs are NOT the eight million dollar figure. There also shouldn't be any "unknown" costs from insurances or whatever, as those were being paid anyways. Those would have been paid for even if everyone made minimum wage. If you insist on criticizing the way this successful businessman chooses to run his successful business, then I'd think it would make the most sense to focus on how it will make hiring new employees to handle growth more difficult. In order to justify a new employee, they will need to have more business than they would require if they paid their employees less. Well, I guess they could also raise their prices. Although, I suspect it will ultimately end up meaning the employees will be expected to take on more load. Which may or may not be a good trade off for them and the company. If they can get the same productivity from a single well paid employee than they would from two employees paid half as much, then they would ultimately improve efficiently in many areas. Plus they will have a large pool of qualified applicants to choose from. They can be very picky with the type of people they decide to hire and keep. Quality workers at all levels can do wonders for the bottom line. Here's the about page that confirms he is the founder. http://gravitypayments.com/about We approach business differently than other companies. We’re completely transparent. We gladly choose long-term relationships over profit. We operate on the principle of supporting our community businesses. The most compelling reason businesses switch to Gravity is our team of dedicated, local, customer service members. Our reps are part of your community. When you call us, you’re not talking in a call center overseas, they’re in our office, standing by and ready to help when needed. They can be in your store or office at almost a moment’s notice to help with any credit card issue. “Every one of my teammates is a leader. Together we inspire growth through learning and bold action, relentlessly pushing the bar higher.“ -Dan Price – Founder & CEO