financial haircut
Author’s comment
Most people won't go into business for themselves because they aren't willing to take the financial haircut necessary.
User translations
No translations for this text yet.
Be the first to translate it!
Discussion (4)
здесь в словаре тоже, оказыаается, есть.
в данном контексте это другое - сокращение доходов
Most people won’t go into business for themselves because they aren’t willing to take the financial haircut necessary. I had pre- pared for this—or so I thought—and assumed that it would take me three months to get to the income level of the job I previously had. Well, it took me almost three years to get my business to provide me with the same income of the previ- ous job.