Richard Liu: A Good Example of Success

In the past, a person often pursued a career for a long time, and gained a lot of experience doing so. However, millennials often go from one job to another. In doing so, accomplishing success in two different careers is often “Greek” to the average millennial. Even so, to excel in one discipline takes business shrewdness, smart persistence, dedication, and a desire for knowledge and self-improvement. It is difficult for one to pivot from one promising career to a different field successfully.

An example of a professional switching career trajectory, Richard Liu has been successful and has accomplished much in the medical field as well as the financial arena. Mr. Liu was born in New Hampshire and gained insight about medical professionals having an impact on their communities. His dad was an ear, nose, and throat specialist. Liu often went to work with his mom. It is, therefore, natural that she would have an influence on his career. He excelled in his education, and decided to go to Harvard to hone his dentistry craft.

After graduation, Mr. Liu went to work for Evergreen dental care where he was able to practice what he had learned in school. Even though his early career was successful, he was intrigued by the thought of business, capital investing, and using technology in new business situations. He desired to work in the hectic world of venture capital. Realizing that this new role required education, he began more education at MIT and earned an MBA. Mr. Liu feels that the individual is responsible for his/her own success. His story is an example considered an education for those who want to be successful in life.

Jana Lightspeed and Being Wise

Those who are looking at growing companies such as Uber know that it would have to push forward to the next level. The company had to push through legislation, compensation hurdles, supply and demand and other issues. Jana Lightspeed knows that it will need to push even more to get to the next level.

Jana Lightspeed knows that the company has to be more wise going forward.

Those who would be comfortable in working on the new compensation would join in like before. And those who don’t, could be replaced by new workforce who would.

Except, all of that would only be suitable in a dystopian universe.

With the way that Uber’s algorithm works, drivers are essentially bound to the company for hours on end. They have to dedicate their time like full-time employees do, and do similar efforts to help the company run its day to day operations.

If it weren’t for these drivers that sign up through the Uber app to drive for the company, the firm’s services would be nonexistent, and hiring actual fulltime drivers would cost it a small fortune collectively.

But even after dedicating all that time and effort, Uber drivers are not qualitied for basic employee amenities such as minimum wage protections, health insurance, and vehicle maintenance. Any state labor laws that might give them employee protections do not apply to them, and they are essentially left working for Uber as independent contractors, a status that the company has defined for them.

In the past, drivers have gotten together to file class action lawsuits against the ride hailing giant, most of which have ended up in arbitration. An example of such high profile cases would be about two class action lawsuits in the state of California, which were brought to light by Uber drivers who wanted the employee benefit and protections that they thought they deserved, only to be offered a $100 million in settlement.