Nov 30 2011

In Debt? Who’s Not? So What?

When business ownership feels claustrophobic…

Debt? Get Used To It!




       [Source: 11/17/11]                          

  • Three weeks ago, the U.S. Treasury Dept. reported that the federal government’s debt had exceeded $15 Trillion for the first time in the history of America, hitting $15,033,607,255,920.32 and safe to assume that it’s higher yet as of today.

  •  The U.S. Bureau of Labor Statistics just estimated that there were 93,641,000 full-time private sector workers in America in 2010 (and 18,073,000 full-time workers in federal, state, and local government.

  • That means the $15.0336 Trillion federal debt equals approximately $160,545 per full-time private sector worker.

  • Given that the U.S. Census Bureau estimates that there were approximately 76,089,045 families in America in 2010, the federal debt equals approximately $197,579 for each and every American family. 


Besides your vote on November 6, 2012, is there no escape? Well, you could close up shop, grab your piggy bank, and head for some remote island, getting sunburn and mosquito bites and drinking piña coladas and coco locos until you can’t walk or talk — not to mention that there’s just so much coconut milk your system can take!

OR, you could –what did Grandpa used to say?– buckle up, pull yourself up by the bootstraps, put your shoulder to the wheel and your nose to the grindstone! Not a pretty picture. 

You COULD simply make productive use of this traditionally slow business time (unless you’re in retailing, in which case you’re not taking time to read anything right now, least of all a blog post) by doing a little introspection and a quick reassessment of your year-end and new-year goals. Are your goals ALL 6 OF THESE? . . .

Realistic? Specific?

Flexible? Due-Dated?

Written on paper?

In your pocket?


If your goals don’t meet ALL of these criteria, they are the stuff of wishlists and fantasyland. Don’t kid yourself into thinking they’ll work if you skip a couple. But if you follow all six, and keep adjusting them as you go (Flexible, remember?), you will have insured yourself of the best possible outcome. Why settle for less? It’s a choice.

What’s the single most important thing you learned about your SELF in 2011? What’s the single most important thing you learned about your BUSINESS in 2011? How can you combine these two revelations to do a better job of protecting your self and your business in 2012? Roadblocks? What? Detours? Where? Solutions?

Why all the hoopla on goals? Because we’re all in debt up to our ears and there are no miracle prospects on the horizon, so the best solution is to take what you have and work your butt off to make it better, to make it work in spite of what union/government/corporate giant muckity-mucks do or don’t do. It’s all about YOU.

With 30 million small businesses in America, and you as part of that universe, there is untold opportunity for moving forward as a free spirit entrepreneur, and there is untold opportunity for moving forward by working in concert with other like-minded small businesses. Call it collaboration, strategic alliance, whatever works.

In the end, Business Works. Does yours?


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Hal@Businessworks.US  302.933.0116

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

Make today a GREAT day for someone!

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Nov 17 2011


Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!



If corporate types might be best equated with a musical instrument, it would likely be a bass drum. Big companies march to a loud, dull, steady, monotonous, unimaginative beat. They thrive on maintaining status quo.

And if government employees might be best equated with a musical instrument, it would probably be a kazoo because it requires no skill to use, except to be able to hum (and even politicians can hum!).

If you accept all or part of the above instrument assignments and accompanying rationales, then entrepreneurs might best be equated with a Xylophone. Like the other two match-ups, this instrument is self-energized, but unlike the other two, the xylophone requires both: musical skill and a sense of rhythm.

[Besides, there’s hardly an army of small business related words that start with the letter “X.” In fact, my dictionary displays only a few dozen words of any kind that start with the letter “X,” and so, as a matter of practicality –and my need to deliver what I started–  “Xylophone” seemed better than “x-ray”!]

The music that a xylophone actually does produce, by the way, is best characterized as bright, lively, cheerful, and allowing for great diversity, imagination, and –to be able to produce any music– self-discipline.

So there you are. If you’re the entrepreneurial spirit personified, Xylophones are in! If you’re not a true DNA entrepreneur, go hum or beat a drum. 

When did you last step back from what you’re doing, step back from your business, and what your business is doing? When did you last –like a doctor–perform a diagnostic workup on your SELF? On your business? Do you really want to know more about what others think? You should!

It is, after all, what others think –your reputation– that ultimately confirms your message, and determines your sales success. 

First of all, diagnostics always start with a patient history. So make a bullet list of high spots that you and your business have experienced in your lives. (Limit yourself to 3 minutes for each list.)

Next, start testing that history against things you know… abstract categories work best: musical instruments, animals, plants, sports, birds, song titles, cities… ask others what  (animal, plant, instrument, sport, etc.) they think you and/or your business are most closely associated with in their minds: a lion, fox, snake, turkey, hog, poison ivy, thorny vines, a mighty oak, MMA, hockey, fly fishing?

The most useful input on these assessments IF you can avoid rebuttal, and just quietly take in and process what you learn– comes from asking others how they would equate and match you and your business. (Remember to sincerely thank each person you ask, for each input, even when it may seem insulting to you!)

Now. take what you get, and sift through what you think are the meanings attached to each. Decide what fits best, and what directions that the equations others draw may best send you.

Then go!

Play your Xylophone!  


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FREE blog subscription: Posts RSS Feed

Hal@Businessworks.US  302.933.0116

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

No responses yet


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