Bring back Capitalism to America and create JOBS!!

Wall Street has certainly made a HUGE mistake in undermining Americans.  We are a nation of do-ers, based on the principals of revolution.  We do not go away quietly nor sit down and lie dead waiting for others to revive us. America is changing - all by ourselves....We've had enough of lies and manipulations and we're taking the bull by the horns.


"Taking our future into our hands" should be our national anthem. America has to exchange places with China and go back to manufacturing.  We have to bring manufacturing back to the United States.  We're the nation that created the Assembly Line (developed by the Ford Motor Company).  We were the first nation to walk on the moon (Apollo 11 - July 20, 1969). Why is our credit rating as a nation downgrading?  Really?  We've been the best at everything because we put capitalism, innovation and business FIRST!  We're a nation of free-thinkers!


Giving businesses the tax incentives to do so would be a great start.  For instance, according to CNBC, the NUMBER 1 State in the United States to do business in is Virginia.  Virginia is a business - friendly state. Texas is 2nd.  These 2 states regularly battle for first and second place.  Ever wonder why nationally Texans live better than the rest of us?  The state has better business incentives and policies.  Texans aren't suffering the recession like the rest of us.  There's way less unemployment in Texas than the national average (8.4% in July '11 compared to 9.1% nationally).  Texas Governor Rick Perry’s claim that “40 percent … of all the jobs in America were created in Texas” since June 2009 is accurate.


I've been investigating the best business friendly states for my clients quite a bit lately.  The cost of doing business overseas and shipping goods to the United States has risen.  I've been assigned the task of discovering new ways of bringing manufacturing plants back to the United States AND keep them cost effective!!  I'll keep you all posted in my new discoveries....

The Importance of the business environment

Entrepreneurship is no joke.  It's akin to being a single parent with all the weight of the world on your shoulders.  Hiring employees certainly helps.  But we have to face it, our responsibility is not their responsibility.  In the hierarchy of business you should think along the lines of family structure. You - the Owner/President/CEO - are the Parent.  Your employee is your Child. Why use this strategy?  Because it works. 

Companies who do not relinquish the "I am your Master - You are my Slave" concept are doomed to fail.  Yes this is a tough economy, and people will take on any job including from companies using this condescending structure.   But in the short run, employees will leave.  Not to mention that companies employing this tactic usually have a high employee turn-over rate. The savvy investor will look at this as a huge financial risk. 

Companies who are ingrained in the old corporate whipping structure will not retain good employees nor create employee loyalty. Their management creates a fear-based environment. Every day an employee endures this hell denigrates their attitude towards their employer.  This in turn will slow the pace of the work, primarily because of the fear of possibly doing their work wrong, and eliminates the idea of job security in their mindset. 

What does this do for The Company?  It slows progress.  Uses up corporate dollars foolishly by training employees who will not stay long, and retards business operations because every time a trained employee leaves who has not been able to fulfill their duties to their full potential, a new employee who has to be trained must take their place.

Savvy investors should look carefully at a company's employee turnover rate.  If a company has a high employee turnover rate, the company's bottom line is affected negatively.  Corporate dollars are being mis-managed.  Not to mention that there usually are corporate egos to blame. A high attrition rate is directly related to a monetary leak in the company.  This makes The Company a bad investment.

There is no benefit to The Company.

So, to the Mindful Business Owner/President/CEO, it is imperative that you relate to your employees as you would to your family.  Obviously not as intimately, but as considering of their value.  Companies that have taken on the "family structure" and placed value on their employees flourish.  Potential employees clamour to get an interview.  Current employees value their position and are loyal.  Employees view this type of company as "looking after their needs".  A few such companies are Johnson & Johnson, and PaeTec Communications.  Johnson & Johnson is an established public entity in the corporate world. PaeTec Communications is a privately held telecommunications provider.  Both hold their employees and the family structure in high regard.  Both flourish and provide outstanding quality to their customers.  Both value their employees.  See the pattern?

So to the egotistical, hard nosed, demanding, rigid management of the corporate whipping structure - change is inevitable or your certain corporate demise is looming in the very near future.