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Thread: So perhaps the solution is a Dancer Owned Co-Op?

  1. #26
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    Default Re: So perhaps the solution is a Dancer Owned Co-Op?

    I'm open to new ideas, but yours is a little 'out there'...

    We have a saying in the biz: Doormen don't serve drinks. Dancers are Dancers. Managers are Managers. I've seen dancers cross the line, but they're usually +30 and done with dancing.

    Besides, having investors in the club during business hours is never a good idea.
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  2. #27
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    Default Re: So perhaps the solution is a Dancer Owned Co-Op?

    Quote Originally Posted by Bewitched
    Besides, having investors in the club during business hours is never a good idea.
    Wow, what does this mean? Since I own stock in WalMart, it would be a bad idea for me to shop there? Or does this just mean as an investor in Walmart, I should just not ever expect to get hired there?

    UPS started giving away shares to their employess as a retirement benefit. When that stock went public, many long term UPS employees became quite rich.

    A big corporate club could do the same for it's dancers (yeah, like that will happen ), So, say the stock is trading for $50 per share, and a dancer's house fee is $25 per shift, for every two shifts she works she get's 1 share in the coroporation. And just like with any stock ownership, she is at risk of losing it all if the club fails.

    The club could offer to pay her divedends directly every quarter or the dancer may opt to roll her divedends back into her investment. What is the big deal with this? Lots of companies have similar plans for their employees.

    I would never reccommend that a person be solely inveseted in the company they work for (Enron and Worldcom come to mind here), as the company could go bankrupt. Then the employee is not only out of a job he/she has no savings either.

    So bottom line, the dancers remain independant contractors. You may end up seeing dancers loyality increase because they work for the Spearmint Rhino chain and own stock in that company. They can move to a different city and still work for the same chain and continue to increase the value of that company's stock by regularly buying more stock. The Company get's more working capitol, and the chances of theft or embezzelment are decresed becasue the dancers now have a paper trail as to where their house fees went. Stock holders are happy, the club is happy and the dancers are happy. The people who won't be happy about such a thing is any employee or manager who is either extorting the dancers or is skimming off the top and blaming the dancers for refusing to pay their house fees.


    Promote yourself and earn more money! This is a business that is owned by strippers for strippers. Let's make that money!


  3. #28
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    Default Re: So perhaps the solution is a Dancer Owned Co-Op?

    [QUOTE=Tyke]The trouble as I see it with a " workers co-operative " type idea is what you do when the original dancer/owners start getting past it as dancers. It would be a bit like an NFL club owned by the players how do you fire a decrepit QB if he part owns the team.

    You buy them out...Its done in the Corp. World all the time

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