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Build Your Own Corporate Ladder

by Donna Maria

I maintained the Lifestyle CEO blog from September 2005 to September 2006. I recently reviewed it for content I could share with you here. This post, originally titled, “… And the Rich Just Get Richer,” is from September 26, 2005, and holds special meaning for me since I was once in-house counsel at a Fortune 500 corporation.



Not that there’s anything wrong with being rich, mind you. The problem is that when us common folks eking out a living doing either what we love (because we want to) or what we hate (because we have to) are constantly bombarded with it, it’s sickening.

One of the gag stories of the week is that so many newly bankrupt airlines are paying their attorneys millions of dollars while those who invested in their stock get an empty seat. And I haven’t even started on how it affects the employees. You know, those people who foot the bill so the company can get back on its feet just in time to promptly fire them as a cost cutting measure.

It’s a shame when the nation’s largest companies run by what are supposedly the brightest minds in America would rather file for bankruptcy than respond to the marketplace with innovative ideas and concepts. You know — compete.

Today’s USA Today says that Delta Airlines’s attorneys bill up to $785 an hour. If they work the way most law firms do, the ultra-highly paid attorneys are delegating most of the work to the merely highly paid attorneys, and then laughing all the way up their own corporate ladder.

Get my drift? While your goal may not be to become a millionaire or get paid $785 an hour, let’s face it, if you don’t own something, you are at the mercy of a lot of people who you don’t know. And don’t care to know.

Consider building your own corporate ladder, not so you can be the gag story of the week but so that you can build your future on the only solid economic foundation there is — you and your own abilities.

Question: Are you building your own corporate ladder? How will your company be different from traditional corporations only out for the fastest buck possible?

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And speaking of people who have built extraordinary corporate ladders, check out Brambleberry. Founded and owned by award-winning CEO Anne-Marie Faiola, Brambleberry offers soap molds and supplies for hobbyists and serious business owners.

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posted on March 13, 2010 ·

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