Why is price such a controversial issue?

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Errr, ummm,

Do you folks have accountants?

Mines pretty good, but he's local.


As for IRS audits -- they very rarely do that anymore. And, yer take would have to be in 6-7 figures or better.


Don't count on that....there are like DJMC said little keys that will trigger an audit.....Size Of Depreciation schedules and or Expensed Capital equipment.......relative to revenue streams, that can trigger audits. The Home office deduction is a definite red flag, when I was in the Racing Game I never took it.......yet I deducted computers, software and vacations taken to purchase horses.
 
Cap..............You Posted

My CPA challenges me thus. "Would you be willing to stand in front of the IRS and argue and prove this accelerated or one time depreciation?" Therein is the truth for me. When in doubt, lean conservatively.


I told my Accountant/Tax Attorney.....Why do you think I keep you around...that's your job......We had a good laugh.....But your guy is absolutely right......If the Auditor had not said what he had about the disposing of the horse.......we were headed for tax court.....dumb move on his part:monkeyshocked:
 
Goats Are Awesome

Gray,

I deduct goat food.

I could care less, whether they like it or not.

I pay their salaries, and they can kiss my butt :sqwink:

Awraaaaaiiiight!!!!

:thumbsup:
 
OK ......Softrock Rick.......I guess my 61 Years have taught me that "....it be better to avoid confrontation then to attract attention........"just one of those life lessons learned......
 
Tom,

I don't think price is the controversial issue.

The controversy is telling someone else what they should be doing, or blaming other people for all of the challenges you face.

Dude's response is a classic example. He blames all the other DJs with prices he doesn't approve of - for sucking away his jobs. BKsound pegged his economic ideal correctly - socialism.

The controversy to me is not the number - it's the "whining" about the other guy's number. My philosophy is simple: "You can either make it, or you can't and the problem is all your own."
 
The thing that has always bothered me with pricing debates is the constant bashing you need to charge XXXX or you aren't a professional. Are other professions like this? I've never heard a doctor from the rich part of town bad mouth the doctor that's working at a community clinic, doing the same work, probably more for 1/10th the amount of the doc on the rich side of town.

Granted DJs aren't as important as doctors but why argue over price? If you're able to obtain $2k per gig, more power to you. If I'm still working for $200 a gig, what's it to you? Other than the fact that you have sell that much harder to convince a prospect to sign with you.

Business expenses aside, if I'm putting a roof over my head, food on the table, clothes on my back, and am happy doing so at $200 per gig, why cannot I just be?
 
DeeJay Dan : Yep, sick to death with pricing threads. Everyone has an opinion, everyone rises above and beyond normal emotions, while no one produces any personal facts/numbers to substantiate any claims nor back up their opinion, pro or con, other than the freedom to think.

Posters posting without using their personal numbers and reasons for what they personally charge, how many they personally do, and what their personal annual DJ gross income has been for, say 10 years, is poofing. Poofing on everyone. Piles of poof.

Tiresome, divisive, superfluous, and boring poof.
 
Tom,

Dude's response is a classic example. He blames all the other DJs with prices he doesn't approve of - for sucking away his jobs.

Bob,

What specific price do I not approve of?

Are you seriously trying to suggest that no other MDJ in the United States has never lost an event on price? :icon_scratch:


BKsound pegged his economic ideal correctly - socialism.

Bob, don't misconstrue social responsibility with socialism.


Here's a primer...

Social Responsibility - The idea that businesses should not function amorally, but instead should contribute to the welfare of their communities.


It would interesting to hear your position on the ENRON debacle...

Who were the hero's...? Who were the villians...? Who did they harm in the United States community...?
 
Are you seriously trying to suggest that no other MDJ in the United States has never lost an event on price?

I’m suggesting it doesn’t matter.

(BTW – No / Never is a double negative. So I’m not sure what you’re really asking.)

Bob, don't misconstrue social responsibility with socialism.

I don’t agree with your DJ examples as amoral or your expansion of the idea of social responsibility.

Enron? You want to use white collar crime as an example of moral “gray area” ? Try to stay grounded in reality Dude.

Read DeeJay Dan's post a few times, then try to tell us how on earth could he be wrong? Tell us all why you need to denegrate $200 DJs?

What specific price do I not approve of?

In your words: "Prices below the minimum production cost" - you do read your own graphs don't you? :rofl:
 
pie-chart-1.jpg


pie-chart-small.png

350px-CompPieGraph.png


View attachment graph1.gif

Point being, in a free market, if you can't make it, then you have no one to blame but yourself. You need to learn to control your costs, charge more, or find a new game. It's that simple. :sqcool:
 
Enron? You want to use white collar crime as an example of moral “gray area” ? Try to stay grounded in reality Dude.

Enron...just used more zero's than many amoral DJs.

How about a little dose of reality from Cornell University...Bob,

http://www.law.cornell.edu/wex/index.php/White-collar_crime

The phrase "white-collar crime" was coined in 1939 during a speech given by Edwin Sutherland to the American Sociological Society. Sutherland defined the term as "crime committed by a person of respectability and high social status in the course of his occupation." Although there has been some debate as to what qualifies as a white-collar crime, the term today generally encompasses a variety of nonviolent crimes usually committed in commercial situations for financial gain. Many white-collar crimes are especially difficult to prosecute because the perpetrators are sophisticated criminals who have attempted to conceal their activities through a series of complex transactions.

The most common white-collar offenses include: antitrust violations, computer and internet fraud, credit card fraud, phone and telemarketing fraud, bankruptcy fraud, healthcare fraud, environmental law violations, insurance fraud, mail fraud, government fraud, tax evasion, financial fraud, securities fraud, insider trading, bribery, kickbacks, counterfeiting, public corruption, money laundering,embezzlement, economic espionage and trade secret theft. According to the federal bureau of investigation, white-collar crime is estimated to cost the United States more than $300 billion annually.




Tell us all why you need to denegrate $200 DJs?

Bob, that one's on you...not me. You’re the one stating $200. BTW, denegrate is actually correctly spelled denigrate...


In your words: "Prices below the minimum production cost"

Bob, determine that price. You cannot make an autonomous livable wage selling below minumum production cost.

That not an opinion...it's an economic fact.


BKsound said:
Point being, in a free market, if you can't make it, then you have no one to blame but yourself. You need to learn to control your costs, charge more, or find a new game. It's that simple.

BKsound,

I get a chuckle about inferences of controlling costs, when in reality, many do not understand what is actually being controlled.

However, you are more than welcome to waste your energy on an presumption.
 
BK is my new hero his pie charts and graphs are much prettier! And they make as much sense as the ones Dude post.

What I don't understand is the fact that Dude's production cost are actually lower than most of the DJs here yet his profit margin is lower. Dude do you have a pie chart that explains that one?
 
Adam,

I think you must have misread the title of this thread..............

Why is price such a controversial issue?

The problem isn't that it became a pricing thread (it already was) the problem is it became another thread for Dude's Pie Charts and Bar Graphs! The off topic subject matter is production cost v profit.
 
BK is my new hero his pie charts and graphs are much prettier! And they make as much sense as the ones Dude post.

What I don't understand is the fact that Dude's production cost are actually lower than most of the DJs here yet his profit margin is lower. Dude do you have a pie chart that explains that one?

The one that is 40% pink pretty much says all that needs saying.


Dude,

Ad costs, fuel costs, wages, supplies, equipment, attire can all be controlled. If you are waiting for all DJs to conform to your pricing structure, good luck with that. The $200 guys will keep popping up like weeds, no matter what anybody does. Some will progress and make it. Others will wither away. No amount of pie charting will change that.

I do enjoy a colorful chart though. :sqcool:
 
Yes 40% pink pretty much covers it the way I see it. But perhaps you should break it down into different shades of pink so we can understand just where all the pink is.
 
The $200 guys will keep popping up like weeds, no matter what anybody does. Some will progress and make it. Others will wither away.

BKSound...


On this point I fully concur...