Had a little microeconomics session at the dinner table last night. Owen was lamenting the fact that his bank account balance was not quite at the level he would like it (a pain many of us are feeling, right?). I was lamenting that there were certain odd jobs around the house that I needed to get done, but just didn't have the time to do them. Supply, meet demand.
We went about the discussion in a very business-like manner. I explained to him the job I needed done- the "tomato garden" (in quotes because it's less of a garden and more of a compost pile because of neglect) is an absolute mess. It's overgrown with weeds, has tomatoes rotting on the vine, and because it is at the end of the driveway, it is a visible sign of my lack of commitment to it. I told him the entire garden needed to be cleaned out, however he saw fit. All I asked was that the patch of ground be clean dirt by the time he was done.
I estimated that the job would take him about an hour, and I asked him to submit a bid for the work. He asked for $7, I countered with $3, and we settled on $4. I told him that he could subcontract out some work if he wanted to, and that if he did, he would pay his subcontractors from the lump sum I paid him.
Brendan of course wanted in on some action too. We had a similar discussion about detailing my car, so while Owen is doing his job today, Brendan will be detailing the interior of my car for the same price. We'll see how all this works out, but if all parties are happy by this evening, it could be the start of a new business relationship.
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The risk here is that Molly, yet to see a role for herself in this enterprise, will prevail upon the brothers to take her on as business agent, then ol' dad will see the payroll skyrocket.
Big Buddy
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