Sunday, November 14, 2021

Why Small Business is Going to Bring America Back!!


I've learned a lot over the years as it relates to the world, economy, and people. There is an underbelly to all economies that when managed well can create optimal economic engagement and growth. The U.S. faces economic uncertainties and our over focus on large companies have left the generation without as many new businesses to foster, grow and develop into international corporations. Ensuring that the major "factors" are in alignment will help in readjusting the system to its highest functioning state. 

When I say support small business I'm not talking about neglecting or punishing large corporations. They are necessary as a global vanguard. However, as GE taught us that they also face transactional cost risks the larger they get and as new more nimble companies develop. It is about ensuring there is an abundance of balance between the different businesses to grease the development of new ideas and opportunities; of course mixed with capital. 

Unfortunately, our political culture has created a big problem. As these corporations become larger they inadvertently push for their needs into the political spectrum in ways that small businesses can't (unless coordinated). The big businesses are government politicians are not intentionally hampering small business but are inadvertently solving business problems in a way that is skewing the system and in turn damaging future national competitiveness. 

Consider that large businesses rely on new ideas that often come from outside of their organizational walls. They look to start ups, entrepreneurs, and other sources of innovative products and services. When small businesses can't effectively compete because of the regulator and/or political environment companies are forced (many willing) to buy more parts from overseas and move their headquarters (Why we must attract headquarters, intellectual capital, and the entrepreneurial class.)

There does come a point when we look back at our nation and find we did a lot of damage over the last 30 years. We killed off many of our small businesses and have sent our manufacturing overseas to shave pennies from profit margins (one of the side effects of moving too much private and family businesses to stock bearing corporations). The low cost strategy, versus the high value strategy, doesn't work well in environments where new American products need to spearhead the market. 

This is why I'm an advocate of enhancing small businesses in the U.S., returning manufacturing, and doing a better job of managing our hyper political elite class (They are one of the biggest problems we face. See Biggest U.S. Threats). My environment reflects back to me and my children we are not particular that "worthy" because of racial and religious schisms in society (something some have exploited.). The problem is I'm not sure I'm seeing a lot of viable answers by the "right" people. I don't wake up in the morning and check the polls to see what I believe (which is not the way to generate new knowledge).....so I doubt I will make it in a political world.  For now, I can talk from the side and give my opinion.....not that people will listen....but at least they should take to account some of my words to help round out their upper crust perspectives (which often isolates our leaders from the people and potential solutions.)


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