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

Lick of sense?!

Hugh, what were you thinking?!

I wish we could all afford to be like Newt Gingrich.  Gingrich is obviously someone who is used to getting what he wants.  If he doesn’t get it, he throws a childlike tirade.

He threw a fit when Romney ran an attack Ad that derailed his bid for the Iowa primary win.  If you are from Iowa and you haven’t seen it, you’re a Democrat and you don’t watch TV.  Suffice it to say, it was a pointed attack on Gingrich, labeling him as a corrupt politician, using his influence for personal enrichment and it is accurate.

He subsequently launched Obama’s campaign for re-election by producing and running an Ad against Romney, his years at Bain, a private equity firm and Romney’s involvement in some of Bain’s less successful ventures, costing people jobs.  NEWT, WHAT WERE YOU THINKING!?  First, you, as a business owner, know full well there are good reasons and bad, to get into bed with a private equity firm.  The good is personal enrichment and potential for tremendous growth and success for your business.  The bad is accountability.  Once you make a deal and accept their money, it’s produce results or die.

Everyone with a “lick of sense” as my granddad used to say, knows that. So here’s the bottom line in a capitalist society in capitalist term, “like it or leave it.”  Go live in Greece.

The Gingrich’s wife No.2 goes on TV and says he wanted an “open marriage.”  OK guys?   If you are a regular guy,  you may look twice, conjure up the thought and move on.  Not Newt.  Newt thinks so highly of himself, he thinks he’s “entitled” to an open marriage.

Now Newt claims he’s found religion.  He’s sorry for his past indiscretions.  I think Newt knows Newt in current form wouldn’t find a woman willing to enter into an open marriage unless he paid for it.  So when the mainstream media calls him out for his delusional behavior he throws a fit on national TV and gets an ovation!  I don’t agree with ABC for airing his former wife’s claims against him, but once said, who is going to blame the media or for that matter the voters to question his judgment.

We can criticize a man, Romney, who has been married to one woman, a Mormon, for over 35 years and makes lots of money and we consider that shameful, but a man who takes money for political favor, an influence peddler and pays alimony is suddenly the new messiah for the Republican party?

I can’t help but think about the famous interview Jay Leno did with Hugh Grant when he cheated on his beautiful wife, actress Elizabeth Hurley.  Jay Leno simply said, “What were you thinking!?”

It’s been a long 3 years!  We need some R&R.  Romney and Rubio for President/VP!

Yes We Did! We Built From the Ground Up (Mr. President)!

The oldest living Live Oak in Pinellas County

What does “shovel ready” really mean to a small business owner?  It means building a business from the ground up!

Are you sick of this class warfare?!  Do we want to elect a President that knows more about how to spend OP’s money or one who knows how to cut spending and increase revenues?

Memo to the President: I started my own business over 24 years ago and I built it from the ground up.  My business has gone from a one man band to well… suffice it to say,  we have increased full-time employment (FTEs)  significantly, private sector jobs and without government assistance.

As a community organizer, President Obama certainly can appreciate the value of a grassroots movement.  In other words, contributions made from the ground up can have a very positive effect on the community.  In President Obama’s case, that would pertain to social issues and how he was able to help people who were impoverished and disadvantaged.  Admirable, but the money he raised had to come from somewhere, most likely charitable contributions and local, state and federal government tax revenues which to a significant percentage, come from small businesses.  A vote for conservative principles, capitalism and common sense regulation, is a vote for small business.  So get on our bandwagon!

In my case, contributions to my small business came in the form of personal sacrifices; from my personal savings; taking no salary for some time, taking less salary for some time and mind you, no vacations for many years.  I had to continue to pay my bills, feed my family and keep a roof over our heads.  When my saving ran out I took a second mortgage on my house.

I chose to go it on my own.  I took all my savings, borrowed from family, friends my home and started my own business.  My kids saw me on weekends.

The President refers to Middle American’s like it doesn’t include small business owners.  Most small business owners take a significant portion of what their small business earns and they reinvest in their business. The President knows how small businesses earn income and chooses to ignore it.  Small business people “pay it forward.”  Our income goes back into our business, meaning jobs and if for no other reason, in today’s economy, it’s grow or die! 

I’m offended by the President’s misguided belief that wealthy Americans are the problem in this divide between Republicans and Democrats. 

At the end of the day I’m “bone tired” and the threats of higher taxes, more regulation and Obamacare chill me to the bone.  Most wealthy Americans are hard-working, who have their own plan on how to spread the wealth around.  I have much more faith in free enterprise.

President Obama just doesn’t care.  How could he?  He’s never walked in a small business owner’s shoes.  Mr. President, you will never walk in my shoes or the shoes of millions of small business owners.  Here’s how it works:

  1. Believe in yourself
  2. Take a huge chance.
  3. Put your own money behind it.
  4. Believe you can do better.
  5. Commit yourself, your family and your friends to get behind you.
  6. Repeat Numbers 1 –5.

As the expression goes, those are pretty big shoes to fill.  Free enterprise and small businesses come from the ground up.  Powerful stuff!

 

From the Ground Up!

The oldest living Live Oak in Pinellas County

What does “shovel ready” really mean to a small business owner?  It means building a business from the ground up!

Are you sick of this class warfare?!  Do we want to elect a President that knows more about how to spend OP’s money or one who knows how to cut spending and increase revenues?

I started my own business over 23 years ago and I built it from the ground up.  My business has gone from a one man band to well… suffice it to say,  we have increased full-time employment (FTEs)  significantly, but not by this President’s standards.      

As a community organizer, President Obama certainly can appreciate the value of a grassroots movement.  In other words, contributions made from the ground up can have a very positive effect on the community.  In Obama’s case, that would pertain to social issues and how he was able to help people who were impoverished and disadvantaged.  Admirable, but the money he raised had to come from somewhere, most likely charitable contributions and local, state and federal government tax revenues which to a significant percentage, come from small businesses.  So get behind us!

In my case, contributions to my small business came in the form of personal sacrifices; from my personal savings; taking no salary for some time, taking less salary for some time and mind you, no vacations for many years.  I had to continue to pay my bills, feed my family and keep a roof over our heads.  When my saving ran out I took a second mortgage on my house.

I chose to go it on my own.  I took all my savings, borrowed from family, friends my home and started my own business.  My kids saw me on weekends.

The President refers to Middle American’s like it doesn’t include small business owners.  I’m a small business owner and a 99%er unless you add what my business earns and reinvests in the business.  The President knows how small businesses earn income and chooses to ignore it.  Small business people “pay it forward.”  Our income goes back into our business, meaning jobs and if for no other reason, in today’s economy, it’s grow or die! 

I’m offended by the President’s misguided belief that wealthy Americans are the problem in this divide between Republicans and Democrats. 

At the end of the day I’m “bone tired” and the threats of higher taxes, more regulation and Obamacare chill me to the bone.  Most wealthy Americans are hard-working, who have their own plan on how to spread the wealth around.  I have much more faith in free enterprise.

President Obama just doesn’t get it!  How could he?  He’s never walked in a small business owner’s shoes.  Mr. President, walk in my shoes and the shoes of millions of small business owners.  Here’s how it works:

  1. Believe in yourself
  2. Take a huge chance.
  3. Put your own money behind it.
  4. Believe you can do better.
  5. Commit yourself, your family and your friends to get behind you.
  6. Repeat Numbers 1 –5.

Free enterprise comes from the ground up.  Powerful stuff! 

 I think Mitt Romney knows how to cut spending and raise revenues.  Romney-Rubio would be my ticket to defeat Obama.  Say yes to R&R!

 

The Real Middle Class is the “Middle Seat” on Southwest Airlines

The real middle class?  Invisible. The mainstream media and the politicians can’t see us from where they’re sitting. 

Nothing the middle class does is less than “first class.”

They don’t care about labels or Occupying Anything unless it’s a celebration, like Times Square on New Year’s Eve.

They can’t afford first class tickets.  So they fly Southwest Airlines.

The real “middle class” is willing to stand in line for a bargain.  They rarely complain.  When it comes to flying, they’re just happy to have afforded a seat to a destination for which they are committed and it doesn’t much matter how they get there.

In the real world, Mr. President, there’s no time for “class warfare.”  In this economy, if you do your job, the middle class can do their job. There’s no time for “camplaigning.”

I see the middle class on Facebook, but they much prefer face time.  They are grandparents visiting their grandkids.  They are students heading home with their laundry.   They are guests to a wedding.  They are the bereaved heading to a funeral. They are small business people trying to close the deal.

That would be me, my boarding pass was C4 on a full flight.  Just so you know C4 on a Southwest flight is not a seat number, it a place marker in line.  C4 means 120 passengers have boarded the flight before you and you’re playing musical chairs with anyone standing in front of you or behind.  Those people already seated, they want nothing to do with you! Trust me!

If they are the mainstream media, the pundits, the celebrities, the sound bites and the politicians who want to define the rich and the middle class, they don’t fly Southwest.  I think that can define them.  They are elitists.  I define an elitist as someone who thinks most everyone else is ignorant or stupid.  Attention elitists!  C4 on a Southwest flight is 9 times out of 10, a middle seat.  Then again, if I have to explain C4 on a Southwest flight to an elitist, I guess that makes me one.  So I guess I’m not qualified to run for office.

Middle class America cannot be defined or redefined by sound bites.  The only chance their agenda gets any traction?  It’s if the middle class isn’t looking out the window on our last flight, taking the 30,000 foot view.  They’re too busy dealing with what’s in their lap.  More likely?  Elitist fly first class thinking they’re a pillow away from another Democrat president.  A luxury we cannot afford.

FYI – The only class warfare for me comes with a “Ding!” and it’s all about getting an aisle seat.

If you subscribe and email me, I’ll tell you the secret to flying first class on Southwest.

 Express “yourself.” Leave your comments, share or spread the word click on the Stumble Upon button below. Subscribe or come back often to visit.

 

Herman Cain: The Next Sarah Palin

Herman Cain

I’m am and I have been a Herman Cain fan for some time now.  Like many of his fans, I underestimated him.  I still worry he will be destroyed by the liberal media….

Recently I attended the debate in Orlando and CPAC.  Herman Cain was a Fairtax.org proponent, now he has his own plan, called the 9.9.9 Plan.   

Herman Cain has spoken to everything small business owners are passionate about.

I predict he is going to be the next Sarah Palin with regard to the liberal media.  He’s already being called a racist (on CNN this evening– Anderson Cooper 09/29/2011).  See my first Blog post regarding Herman Cain: We Need More “Idea” Capitalists to Bailout this Economy

I predicted this type of treatment by the liberal media.  Cornell Belcher, on the Anderson Cooper Show repeatedly called Cain a racist and a bigot.  Anderson Cooper, who frankly appeared lost for words and dismayed, said nothing to dissuade the man.  You would think Cooper, an outspoken gay rights proponent, would have the courage to say something?

Then there’s Janeane Garofalo To Keith Olbermann: ‘Herman Cain Hides The Racist.  (scroll down the page for the video). You don’t want to miss this.

Soo…. if you like Herman Cain, you must be a racist and a bigot, too.  At least you’re not a terrorist!

So I say, “Herman Cain for President!”

Did I mention I’m an Irish-German Catholic?  So I must be angry, love to drink and think I can sing and dance!

Note:  Please help us get the good word out.  Subscribe.  Share us (see below) on your favorite social media site and Stumble Upon.  Thanks.

We Need More “Idea” Capitalists to Bailout this Economy

“An idea is only worth it’s execution.”

We need more people with imagination running this government and this economy, but they need to be “idea capitalists.”  You don’t have to be a poet, a writer, a painter or movie producer too be an idea capitalist.  If you have a good idea, you can be a grinder, maybe even a lone wolf.  If you’re prideful, maybe to a fault, you can be an idea capitalist, one who capitalizes on their own ideas.

Idea capitalists do whatever it takes to execute on their ideas.  The idea capitalist, the grinder, the small business person, is more likely to survive upticks and downturns in the economy.

Herman Cain is an idea capitalist. He is a grinder. Given the opportunity he will be successful in helping the US create jobs, lower the deficit and increase our global competitiveness.

Herman Cain

The mainstream media and self-serving politicians contribute to idea capitalist’s genocide.

MSNBC pundits who have never had an original idea in their lives, interviewing (baiting) Herman Cain about his 9.9.9 proposal dismissed his ideas with the age old adage that assumes “poor people” spend more of their income on consumer goods than rich people therefore a national sales tax is a burden on the poor.  They have deep-sixed the FairTax too.  They haven’t researched the FairTax proposal otherwise they would know that FairTax offers rebates to lower income people who are FairTaxed.

The real answer is to increase small business competitiveness in a global economy. The Obama administration wants to spend billions more on infrastructure. More about this soon in a new post titled “Missing the Byte”, a play on words.  In fact we are ”missing the boat” when we, as a country, are investing more in the “asphalt highway”, in roads and rail than in new technology, the” information highway” which is an investment in our future competitiveness in the global marketplace.  Check out my post, India Gets IT.

Note:  Please help us get the good word out.  Share us on your favorite social media site and Stumble Upon.  Thanks.

%d bloggers like this: