Entrepreneurship is 

the only solution to 

plummeting economy, 

job losses, and

government spending sprees!

It’s true. American history has demonstrated time and again that the only road to economic strength and stability is the one that leads to the support and encouragement of entrepreneurial pursuits. America’s federal government has underscored this point repeatedly with its own arrogant and misguided business incompetency that runs rampant to the core.

Job losses are continuing at a record rate, and new jobs are not being created.

Job creation is the single most powerful and essential factor in strengthening industry and service sector pursuits, and in boosting the value of the dollar. Job creation is almost exclusively the product of small business. Job creation does not come from the government that uses tax money to pay for useless jobs. Neither does it come from big business that invests itself in maintaining the status quo.

 Job creation is almost exclusively the product of small business.

Job creation is the child of small business because small business is owned and operated by entrepreneurs. Entrepreneurs don’t know how to give up. They don’t know how to spend their way out of problems. They find solutions, or — by instinct — create them! 

Entrepreneurs live with a  burning desire to make their ideas succeed.

Entrepreneurs alone know how to capture the spirit of innovation in both thinking and practice. And no one needs to look further for the proof of it than the single-mindedness of purpose exuded out of the garages of Bill Gates and Steve Jobs, out of the 10,000 attempts by Edison to invent the light bulb, out of the persistence and perseverance of Henry Ford and Mary Kay Ash and Ellen DeGeneres.

Why has nothing but SBA tokenism been offered to small business? Because tokenism is enough to make good press.

Why has nothing substantive been done to drive job creation incentives to small business and to stop breaking small business backs long enough to actually foster new jobs? Because it doesn’t suit prevailing political spending spree goals and because government has ZERO business experience.

America’s 30 million small business owners need to accept the fact that no help is on the way

What needs to happen: America’s 30 million small business owners need to accept the fact that no help is on the way, and start acting like the entrepreneurs they were in the early “pre-cushy” days. There needs to be a resurgence of pioneer spirit and a greater sense of self-reliance that seems — for the lack of necessity being the mother of invention — to have skipped a generation.

It means now is the time to dig in.

It means now is the time to dig in, to plant your entrepreneurial energy firmly into shouldering the growth of your own business, with regard for your neighbor, but determination to go forward without dependency. Government and big business won’t bail you out. And there is no hope for banding together such fiercely independent souls as entrepreneurs into some kind of grass-roots movement.

Without losing regard for others and their struggles, or the virtues of charity, or the good of the communities that support you . . . it is time to act on your own and in your own behalf.  If even a fraction of America’s 30 million upstarts lead their businesses out of the fog, they will create needed new jobs and brighten the economy with the glow of real sunshine instead of a fading flashlight.

www.TheWriterWorks.com or 302.933.0116

or Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals! God Bless You.

 “The price of freedom is eternal vigilance!” [Thomas Jefferson] 

Make today a GREAT day for someone!

Product/Service Knowledge

Does Not A Sales Star Make!

     What makes entrepreneurs and sales professionals successful is having the ability to go waaay beyond the point of just knowing about the products and services they represent.

     It takes a very rare “geek,” for example (e.g., Bill Gates, Steve Jobs), to be able to come up out of the techie hole and have a clear vision of everything else that surrounds her or him.

     I’m not suggesting the need to be an expert at everything, but to instead appreciate and value what’s there (in your market, in your industry, in your universe), and know when to call on (and how to manage) others’ skills.  

     This “failure shortcoming” is unfortunately not something that’s easily adjustable because it’s more a product of the system than of the individual. It is the single greatest failing of academia that students are rarely if ever taught how to use what they’ve been taught to know.

     While touching on our misguided educational system, I should add that the best college for successful business career preparation (besides the proverbial “school of hard knocks”) is the one that fosters student internship and cooperative education programs and/or real-life experience opportunities. A taste of reality always beats none.

It is the single greatest failing of academia that students are rarely if ever taught how to use what they’ve been taught to know.”

     Why should this matter? Having a single purpose and collective goals is one thing, but no business is successful that is run with closed-minded fantasy-land controls. Product / service knowledge is just one part of the success equation. Having the vision and organization skills to apply that knowledge is what counts.

     No sales professional has ever made it on having total command alone of her or his company product or service features. No one “buys” features. Buyers may justify their purchases by itemizing features, but what makes the sale are emotional triggers to benefits. Product and service knowledge can only serve as the launchpad for those triggers. 

     What are the answers? I believe they vary with each set of circumstances, and I don’t pretend to have all the answers … BUT:

     I CAN tell you that if you and your sales message have been heavily focused on what goes into a product or service and how it’s made, and you see all the guys down in the trenches (the scientist /technician / analyst types) smiling up at you and nodding agreement, you need to adjust what you’re communicating to the rest of the world!

     Like the dentist ads promoting mucosal blade inserts, which would only have a recognition factor and be a point of interest among other dentists, many businesses go down the tubes grasping for receptivity to jargon that only they and a handful of staff (and competitive!) “experts” understand.

     Real Business “Power”— the Power of entrepreneurial and sales success, comes not from merely knowing — comes from knowing who, how, when, and where to put the knowledge that you have to work.    

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Reality Check!

      Just in case  you’re star-struck with the idea of starting your own business venture, be aware that there’s a little more to it than flipping the black and red “Yes, We’re Open” and “Sorry, We’re Closed” sign twice a day.

There’s . . . 

• money (at least twenty times more than you can even imagine needing!) 
• industry experience, training and know-how
• knowledge of the market and the competition
• customers (you’re going to need a few to start)
• suppliers (you’re going to need a few to start)
• location (which is often critical, depending on the nature of the business)
• utilities
• a formal written business plan
• investor and/or loan payback arrangements
• basic office and business supplies
• inventory of products and/or services
• credibility (industry/community associations?)
• advertising/marketing preparation
• advertising/marketing implementation
• an accountant
• a lawyer
• an advisory board
• employees
• a bank and bank account
• maybe a post office box
• maybe charge card or PayPal arrangements
• maybe a charge card
• furniture and equipment

…this could go on for pages!

     And don’t tie-up  your brain with this next thought, but you surely need to be conscious of the fact that 9 out of 11 new businesses fail in the first 3 years, and that it takes 5 years on average just to break even financially.

     Be aware that  most businesses fail because of poor management. Period. It’s common to hear that a new business didn’t make it because it was under-capitalized, but if you think about that for 2.5 seconds and can be honest about it, under-capitalization is:  poor management!

     You can be  a free-wheeling entrepreneurial spirit all you want, but reality dictates that you have to do some planning and have a ton more money than you think you need just to get up and running. This is a “haste-makes-waste” point in time where shortcuts don’t work.

     Of course there are always  Steve Jobs and Bill Gates success stories about starting in a garage and working “on a shoestring,” and I wish for you to be that kind of successful, but reality is that these two superstars are each one in trillions.   

     If all the above  thoughts have fueled your fire instead of discouraged you into retreating to the life of a bottom of the barrel employee, you might actually have what it takes to make it work. Go for it! (Oh, and if you need to call me for help, do it please before running out of money! Thank you.)

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Input aways welcome: Hal@TheWriterWorks.com (”Businessworks” in    subject line) or comment below. Thanks for visiting. Go for your goals, good night and God bless you! halalpiar  

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If today were

                                                    

the last day of my life,

                                                                 

would I want to do what

                                                                   

I am about to do today?”

                                                            

Apple founder Steve Jobs in an inspirational commencement address video my son sent me http://video.google.com/googleplayer.swf?docid=-3827595897016378253&hl posed the question above while noting that he asks it of himself every morning when he wakes up. 

To the young graduates he’s addressing, he says, “Your time is limited so don’t waste it living someone else’s life!”

How many of us wish we would have heard that advice when we were younger, and of course be able to be tuned in and mature enough to have acted on it?  There is, Jobs points out, “no reason not to follow your heart.”

The point is, it’s never too late.   

I met a 40-something-old plumber today (not “Joe”) who loves plumbing.  I met with two dedicated auto dealership clients (the 40-ish President and the 30-ish IT Manager) of www.igburton.com  and two bright young men (the President and an Account Manager) of www.Delaware.net (eCommerce Services, Custom Web Development, SEM, etc) who clearly enjoy the work they do and the world their business lives in. 

All in the same day, I also spoke with a 50 year-old mother of three who loves mothering, and bought coffee from a (looked to be almost 70) checker at WAWA who obviously liked being a checker at www.wawa.com. 

Unusual?  ABSOLUTELY.  I sometimes go for weeks on end without encountering anyone who’s happy with what she or he is doing. 

In fact, I’ve heard some study findings that report 90-95% of Americans are not happy in their jobs.  Even if this happens to be only half right, then the bottom line is that a majority (or close to majority) of people in the U.S. are doing lousy work!  What?  If someone’s unhappy at work, he or she is not performing well, and vice versa.  Now just look at this post again before you click off . . . it’s a whole plateful of food for thought!  Halalpiar  

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