This content was created by Lewis Howes. This content was uploaded by Lewis Howes. This is a YouTube video titled "You Boss Doesn't Care About You..." created on July 7, 2025, discussing the priorities of company executives and their fiduciary duty to shareholders rather than employees or customers, using a personal analogy to illustrate the point.
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A lot of times people complain about how much money I'm making. I wish my boss paid me more. And this is where, if you start to understand the system, you'll start to ask the right questions. Who are they working for? Are they working to take care of their employees? Are they working to take care of their customers? Neither. They're working to take care of one person. They're shareholders. An easy example of this is you're going out to dinner with your girlfriend or your wife, and you get a text from one of your good friends, say, hey, let's go play Fortnite. Right now. Your fiduciary duty at the moment is to be with a girlfriend, to be with your wife, to be with your partner, to spend time with him or her. If you go out and leave, you're going to get in trouble, right? So it's who is your alliance to and the shareholders, the executives, the CEO and the executive's company. Their fiduciary duty is to the shareholders, the owners of the company.