In Life, the Most Important Decisions Are Made Alone.

It’s easier to make the tough decisions if you know someone has your back. Loyalty is earned, not deserved.

We are experience!

My experience from a flailing and fledgling salesperson to the owner and CEO of a successful software company, the most important decisions you make, you make alone.

I’m not a life coach.  I’m not a marketing guru. I’m not a motivational speaker or social media guru.

I have nothing to gain by sharing my personal experiences, so I will spare you any hype. I just want to reinforce my own beliefs, that people can make a difference, if they are willing to open their minds and hearts, without prejudice.

Whether you are a family man or woman, a CEO of a multi-billion dollar corporation, if people depend on you for guidance, you are held accountable for the success or failure of others.  Therefore, you have to make decisions that affect other people for better or for worse. That is my definition of a leader, plain and simple.  You don’t have to be Bill Gates to shine or suck. Worse, you probably have less to gain by making the tough decisions, at least from a monetary perspective.

Others will pontificate as to what a leader is, what a leader must do and how a leader must act.  I don’t have time for all that and if you’re like me, neither do you.  The best way to describe how to deal with your life’s biggest challenges is to rely on your past experiences and your gut. Do something!

When it comes to crunch time, a leader must decide on their own and act accordingly.  You’ll no doubt, get plenty of advice, but no one is going to know better than you, what to do.  So there is nowhere to turn.  Ultimately you are the most qualified to make a decision that affects you and your loved ones.

You must make the most important decisions in your life, and make those decisions on your own.  Sorry Doctor Phil.  This isn’t a TV show.  This is real life.  The same holds true in business.

When the time comes no one wants to make the important decisions for you.  Don’t get me wrong.  You will get plenty of advice.  “If I were you…” “You should…”  “You could…” “You might…” Later on, after the decision has been made, you will summarily receive the same words, only in different context.  “If it were me…” “I would have…”  I could have…”  “I would have…

I am sure you have heard these expressions as well, “It is lonely at the top.”  It matters less your stature in life.  It matter most, the decisions you make based on the challenges you face.  Trust me, from a person of experience, the most difficult decisions you have ever made and the most important decisions you will ever make, will be your decisions alone.

We are experience.  Small business owners are the lifeblood of free enterprise. Their heart is still beating.  Their soul is intact.  They epitomize what comprises the backbone of our country.  They are the chief cook and bottle washers; the real risk takers.  Small business owners are essential to the future success of the US economy. 

Small business owners are the spine that stands up and remains strong in the face of diversity, against ever increasing government regulations, against subsidies to big union, subsidies to big businesses and big government.  Small businesses must prevail if we are to remain strong and maintain our leadership position in the world economy. 

We need to lift our voice above the fray.  We need to unite. We need to be heard, above the voices of the mainstream media, the politicians, above the voices of divisiveness and hate, above the voices of fear and doubt. It is time to come together.  The future is now.  The future is no longer an individual choice and your choice alone.  We need to unite. Let’s make some noise.  Let’s take a stand.  What are you doing to preserve the American dream?  Email me: ideacapiltalists@gmail.com

 

 

Why I hit the Lottery…

Lottery-winner_parking_spots_at_the_Atlantic_Lottery_Corporation_(2009)I’ve hit the lottery (see below), but not for the reasons to which our President and his heir apparent, Hillary Clinton espouses. I’m a small business owner. I started a business 27 years ago and we’re still here. According to the president, it must be dumb luck!

The president thinks hard working people who make a lot of money have won the lottery. Obama says, “If we can’t ask for society’s lottery winners for that modest contribution, then really this conversation is all for show,” he told the Catholic-Evangelical Leadership Summit.

This latest on successful businesses, coupled with Obama’s well worn rhetoric, “If you’ve got a business, you didn’t build that. Somebody else made that happen.” referring to private businesses being dependent of big government is daunting to hard working small business owners, to say the least.

Why I hit the Lottery…

I want to get up in the morning.

I have a spouse and family whom I love and they love me.

Through hard work and healthy living we are well and we want for nothing.

I am a Christian, There is a God. I have my faith.

I’m living free, in the greatest country in the world, the United States of America.

I find great joy in giving generously, to charities and other great causes.

I’m proud of my accomplishments. Like most small business owners, I create and grow good paying jobs.

I believe in the human spirit and American exceptionalism. Despite many setbacks over time, there have been more wins.

I believe most people are inherently good.

Job creators, entrepreneurs, and business owners who are successful should not be demeaned by our President. He implicitly associates success with the cause for income inequality and racism.

In a Forbes article as a point of reference, it says small, entrepreneurial firms account for two-thirds of the job creation in the economy. Venture-backed firms contribute 11% of U.S. private sector jobs and 21% of GDP, and high-tech firms are a mainstay of U.S. exports.

As a taxpayer, I’d be much more receptive to Obama’s argument if there wasn’t so much wasteful spending, abuse of power, and inequity in big government. Pick your department. Start with the Department of Veterans Affairs.

Small Business Owners – Making Millions, of Jobs That Is…

Obama - Biden Entreprenever_edited-1President Obama, you coined the phrase “middle class economics” as one of your latest “camplaign” appeals.

I coined the phrase “Entreprenever” for you.

Mr. Obama, you have never been an entrepreneur.  You are successful beyond the imagination of most people’s dreams.  You are obviously a highly talented and intelligent person. You have a loving family.

You have a loyal and caring following… then here comes the but, at least not until, and unless, you are willing to walk in a small business owner’s shoes, you’re politics hurt small business owners.

I’m an entrepreneur.  I’m not a millionaire, but job growth is a constant in my business. There are a lot of small business entrepreneurs out there earning millions in taxable revenues for their small businesses, who aren’t millionaires.  They’re making jobs, not millions.  Why not millions of dollars? Too many regulations, too many taxes, too much big government getting in the way.

Small Business Owners make millions of jobs, not millions of dollars! That’s what I call “American Exceptionalism.”

Mr. President, if you truly want to help the middle class, help small businesses grow and hire more people.  They’re your middle class economy.  There are many up and coming millionaires that are making products, providing services and creating jobs.  They should be paying less taxes, NOT more, than they do today.

Small businesses want to invest their income in products, services and jobs, not squandered on meeting meaningless regulatory bureaucratic “make work.”  Call it unintended consequences, but I don’t think you really care, or you care more about bureaucratic jobs than you do about free enterprise jobs?  Free enterprise better defines “middle class economics” than big government any day!

Free enterprise defines middle class economics” better than big government any day!!

Small businesses that file their taxes as individuals need lower income tax rates, even at the top income brackets, so that we receive a fair return for the risk we take to grow our businesses.  In my case, growing a successful business from 1 to 40 FTEs required; cashing in all my savings, a second mortgage on the house, personal loans from friends and family, 12-14 hour days, no PTO or vacations for the first 10-12 years. The mortgage on my house was $100K when I bought the house.  Twenty-five years later after loans, it is still over $200K.  If I’m not successful, that will be my legacy to my children, not your children.

Before you insert your platitudes about every American giving their fair share, you’re too intelligent to believe our current entitlement society, including illegal immigrants choking our medical, educational and government resources, is fair to hard working legal US CITIZENS.

The failure rate for small businesses like my own is one success in five failures.  So where is your reward at the end of the tunnel?  Higher taxes.   You don’t care, but higher taxes on small business owners prevent further investment in their business,  reduces the chances of paying off outstanding loans and lost income due to lack of cash flow.

I didn’t have a 401K or savings account for over 10 years.  I don’t have a huge stock portfolio, a second home, fancy cars or take Alaskan cruises… well OK,  I did take an Alaskan cruise with my wife,  It was awesome!  Should I thank you Mr. President?  Higher taxes is how you, our President rewards hard work, ingenuity and innovation.  That’s why I coined the phrase for you, President Obama, Entreprenever.

Yes, I’ve seen the news stories about this small business and that small business, who obtained and SBA loan or some other government handout.  Good for them!  That’s great theater.  That’s great politics!  You’re the best!

I’m not going to get into the weeds on excessive regulation and the politics here.  There are plenty of people capable of doing so.  Of this I am certain.  You’ve never run a business, certainly not a small business, and certainly never had to put your life’s savings on the line for a small business.

Mr. Obama, you’re ticket’s already been punched.  You’ve already made millions.  You stand to make millions more.  Maybe you already have, so what’s my point?  My point is you can never say you are for the little guy, the small business owner, end of story.

For all the Rich and Famous liberals out there that make millions and billions, mind your own f$$$$n” business!! If you want to raise taxes on people, think about small business owners versus our government’s track record in making money.  You’re pretty good at it, why don’t you get it!!!

We’re $18 Trillion in debt.  You could let big government spend more money on the backs of hard-working small business people, as well as, their employees and their families.  You could push for lower taxes on small business owners or you could just put you money where your mouth is…

Send your contributions to:

Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782

Much obliged!

Sincerely,

The ideacapitalist

Small Business Owner

Pants on Fire! Where’s Politifact When You Need Them?

The Real One Percenters – Small Business People

The Tampa Bay Times Thursday July 26th, 2012 issue, posted this front page headlines…

“Tampa businesses criticize Obama at Romney event, but live off government work.”

The Tampa Bay Times (TBT) reveals their own extreme prejudice by stating, “Despite that dependence on government largesse, the companies’ owners (in an article “Tampa businesses criticize Obama at Romney event, but live off government work.” written by Michael Van Sickler, Times Staff Writer) dismissed the role of government in their businesses.”

Small businesses who provide products or services to government under contract do not “live off government work.”  They benefit as any business would, by creating, producing, hiring when necessary, building and delivering products or services to a government entity.  The Obama administration would like their supporters to believe small businesses don’t pay taxes as individuals.  Many of them do.

In fact, the government “lives off the work” of small businesses who are taxpayers, like anyone else.

The TBT has determined Lou Ramos of Value Enterprise Solutions and Rebecca Smith, owner of A.D. Morgan are somehow indebted to the government.  If they didn’t work and earn the income they received from the government, it’s up to the government to fire them.  Businesses who can navigate the rules and regulations to be certified as a government contractor should be applauded. If a government contractor does something illegal it’s not up to the TBT to indict them.   Frankly, these headlines are shameful.  If you agree government contractors live off government work then you agree that all government contractors do the same.  The long list includes GE, Boeing and includes all government workers, too.

The article states, “The Mitt Romney campaign offered up an inspirational tale of two local companies Wednesday as a way to cast President Barack Obama as an out-of-touch, big government apologist who doesn’t understand how business works.”

This is an editorial comment that is purely a supposition on the part of the TBT and hardly constitutes front page news.  I would agree the TBT columnist and the TBT fear their statement is a fair assessment of how small business owners think of the President and his policies.

The TBT goes on to defend Obama, “During his speech, Obama spoke about how even the most successful business owners didn’t make it alone, that they were helped by others, including in some cases those in government.”

“But the Romney campaign is stressing one part of that speech, including a line where Obama stated, “If you’ve got a business, you didn’t build that. Somebody else made that happen.” Taken alone, that might mean Obama is refusing to award credit to business owners. When the entire section of the speech is included, it’s obvious what Obama’s point is.”  TBT quotes the president in the context he is interested in a cohesive relationship with small business, “When we succeed, we succeed because of our individual initiative, but also because we do things together,” Obama said at the same Virginia event.”  In fact, the government works for the taxpayers, a.k.a., income earners.  Your job Mr. President is to serve and protect the public.

Obama’s comments convey the message that small businesses need government to succeed.  The real story is, government needs small businesses to succeed.  Obama supporters, including TBT, would have you believe small businesses that do business with the government are not taxpayers and live off government work.  In fact, small businesses are not employees of government.  They don’t enjoy a weekly paycheck, insurance, pension or other government guaranteed benefits.  How are they “living off the government work?”

Small business tax dollars are spent like any other taxpayer’s dollars on government programs, including infrastructure, roads and bridges.  When a small business person fills up at the pump, on average, we pay almost 50 cents per gallon to the government for taxes on gasoline, approximately 12.5 cents on every dollar (GasPricewatch.com).   Add toll roads to the equation and in many parts of the country the cost to taxpayers for infrastructure goes up.

Like most small businesses, I work for myself, my family, my 35 employees and the community.  I pay taxes as an individual, not as a corporation, so I have a vested interest in deciding how to spend or reinvest in my business. Reinvesting the income I earn is why I have successfully run a small business for 24 years. Unlike our president, I applaud anyone who is or was gainfully employed, whether by the government, as a government contractor or in the private sector.

In the end voters will decide, not based on campaign rhetoric, which flows freely from both campaigns, but based on the real message. President Obama’s statement, “If you’ve got a business, you didn’t build that. Somebody else made that happen.” has an underlying message that plain and simple. The presidents message is, “If you need government to successful.”  Romney’s message is, “If you need free enterprise to be successful and for our country and our government to survive.”

The TBT should apologize to Lou Ramos of Value Enterprise Solutions and Rebecca Smith, owner of A.D. Morgan, as well as all small businesses, all government contractors, all government employees and all hard working Americans who are in their words, “living off government work.”

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