Hey Kids, for today’s TommyLog I want to share with you whats it’s like to find out your efforts are worth nothing. Today I received my final ESOP, Employee Stock Option Plan, share information in the mail from my 4 year stint at HC Miller.
What is an ESOP yo ask, well you can either Google it or keep reading. An ESOP is unlike corporations where the profits benefit shareholders, the profits in an ESOP benefit the employee shareholders. Well I was wooed away from my 14 year position at Banta / RR Donnelley to help build something great at Miller.
Well without getting too dirty, things were a lot better on paper than it appeared. Some people got millions and as you can see, I got zero. I sure met some of the GREATEST people i have ever met and worked with, but at the end of it all, as far as building up the Clifford retirement empire, I got zero.
I trusted the wrong people –
DON’T TRUST THE WRONG PEOPLE!