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Short Line Investment?
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[quote]QUOTE: <i>Originally posted by tormadel</i> <br /><br />I doubt the boardmember(s) are going to work 50hrs a week for$5000 a year. But I would not worry about the others. Getting this company up and started, then keeping it alive will take alot of work. Given these officers back grounds I do not think it's likely that they would shirk they're responsabilites. There is no room in the budget for assistants or the office toady, so it seems set out to me that the whole staff is dedicated to rolling up they're sleeves and doing it all. <br />[/quote] <br /> <br />I go to work for a couple days, and.... <br /> <br />Correct. The Board Member is not devoting his full time attention to the company, he has a full time job. He is compensated for his efforts and financial advice and guidance learned in guiding many companies including railroads. <br /> <br />LC
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