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Old 08-20-2011, 10:53 AM
 
46,961 posts, read 25,990,037 times
Reputation: 29448

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Quote:
Originally Posted by WestCobb View Post
You're putting a lot of thought into opening a new lemonade stand on your lawn, brother. Just ask for permission from your mom and open that sucker.
He's going Galt, don't you see?

Once we walk down the sidewalk, parched from the heat and desperately longing for a refreshing beverage, then we will beg for the entrepreneurs to come back, but noooo - they'll punish us for our mooching ways by withholding their creative genius. Then we'll be sorry.
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Old 08-20-2011, 10:55 AM
Status: "119 N/A" (set 25 days ago)
 
12,963 posts, read 13,676,205 times
Reputation: 9695
Make no mistake about it , somebody is getting rich in this economy and some body will be richer because of the recession, to do nothing is to go backwards.
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Old 08-20-2011, 11:02 AM
 
Location: US
3,091 posts, read 3,967,215 times
Reputation: 1648
Apparently, per the article link below, if you are a large business with global markets, you are doing great. But if you're a small business, plans for expansion, hiring, expectations of sales are on hold. It's not just a few companies with this same level of low optimism. Take a look at this article, and the chart near the end of the article.

Small Business Economic Trends Survey - NFIB Optimism Index

For those who posted here that they switched their employees to 1099s, please let me know how you did that. We would love to, but in light of the IRS regulations/definitions of employees vs. independent contractors, we're just afraid of getting popped by the IRS.
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Old 08-20-2011, 11:07 AM
 
12,638 posts, read 8,954,468 times
Reputation: 7458
Obama is bad for business, period.
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Old 08-20-2011, 11:07 AM
 
18,381 posts, read 19,020,549 times
Reputation: 15700
if you have a product/service people want and need at a price they can afford they will buy it even in a down economy. the op needs a better "idea and biz plan"
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Old 08-20-2011, 11:14 AM
 
Location: Midwest
38,496 posts, read 25,815,033 times
Reputation: 10789
Quote:
Originally Posted by Trace21230 View Post
Obama is bad for business, period.
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Old 08-20-2011, 11:18 AM
 
Location: Land of debt and Corruption
7,545 posts, read 8,326,934 times
Reputation: 2889
Quote:
Originally Posted by calipoppy View Post
I have a consulting business and a wholesale (plus direct sale) business. I also work a full time job while working on a Master's degree. After earning my Master's degree, I will open another business.
So you own two businesses, work a full time job, and are also pursuing your Master's degree? Riiiiiiiight. What's your new business venture going to be once you graduate? A Speech Language Pathology private practice? LOL. You might want to check into what is happening with Medicare provider reimbursements under both Obamacare and this new debt ceiling agreement and then get back to us on how Obama isn't negatively affecting businesses.
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Old 08-20-2011, 11:21 AM
 
23,838 posts, read 23,123,773 times
Reputation: 9409
Quote:
Originally Posted by Pamky View Post
Care to answer these questions?
In which part of my statements did you conclude that I expect 100% certainty? There is none. Not sure why you even brought it up.

The fact of the matter is that i'm not risk averse. I have taken plenty of risks with previous businesses, and even a few with this startup. But i'm also not stupid. Most astute businessmen aren't.
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Old 08-20-2011, 11:22 AM
 
Location: Midwest
38,496 posts, read 25,815,033 times
Reputation: 10789
Quote:
Originally Posted by whatyousay View Post
So you own two businesses, work a full time job, and are also pursuing your Master's degree? Riiiiiiiight. What's your new business venture going to be once you graduate? A Speech Language Pathology private practice? LOL. You might want to check into what is happening with Medicare provider reimbursements under both Obamacare and this new debt ceiling agreement and then get back to us on how Obama isn't negatively affecting businesses.

It is negativity, such as is displayed in this post, that is the real destroyer of small business!
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Old 08-20-2011, 11:23 AM
 
20,187 posts, read 23,855,247 times
Reputation: 9283
I am putting my business plans on hold as well... I don't like to hire until I know that the government is on track to stability... all I hear from the left and right is political rhetoric and all I hear from the president is to CREATE division between political parties and Americans... Obama, the Great Divider... ironic...
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