Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The man in the aisle seat is trying to tell me why he refuses to hire anybody. His business is successful, he says, as the 737 cruises smoothly eastward. Demand for his product is up. But he still won’t hire.
“Why not?”
“Because I don’t know how much it will cost,” he explains. “How can I hire new workers today, when I don’t know how much they will cost me tomorrow?”
He’s referring not to wages, but to regulation: He has no way of telling what new rules will go into effect when. His business, although it covers several states, operates on low margins. He can’t afford to take the chance of losing what little profit there is to the next round of regulatory changes. And so he’s hiring nobody until he has some certainty about cost.
So he wants a guarantee huh? His 'widget' business could fall flat on its face tomorrow. The fact that his business is looking good for the future is all he should need to hire right now. There are no guarantees. Risk/Reward.
Quote from the movie Tommy Boy
(paraphrasing)
customer: Why do they put a guarantee on the box?
Tommy Boy: Because they know they sold you a guaranteed piece of *****(crap). If you want me to take a dump in a box and mark it guaranteed I will.
So he wants a guarantee huh? His 'widget' business could fall flat on its face tomorrow. The fact that his business is looking good for the future is all he should need to hire right now. There are no guarantees. Risk/Reward.
Quote from the movie Tommy Boy
(paraphrasing)
customer: Why do they put a guarantee on the box?
Tommy Boy: Because they know they sold you a guaranteed piece of *****(crap). If you want me to take a dump in a box and mark it guaranteed I will.
What utopia do you live in? Obviously not a small business owners' utopia...that much is evident. Otherwise you'd have at least some respect for his business acumen in this tough economic environment.
It's called being smart. Business is not always about risk/reward, as you suggest.
You're exactly right. Just as in the stock market, a business person must have confidence in the market in which he/she serves. You wouldn't buy a stock that you know will tank tomorrow, so why would a business person pour money into hiring if there's reason to believe the return on investment is not worth the expenditure?
Obama hasn't even ran a lemon-aid stand so we shouldn't expect him to understand business basics.
I'm with the guy in this article wholeheartedly...and apparently thousands of business owners nationwide are as well.
What utopia do you live in? Obviously not a small business owners' utopia...that much is evident.
Lets look at what the guy said .....
Quote:
His business is successful, he says
My point is (as if you did not know), is that if he wants his business to be MORE successful, he needs to take risks. Plain and simple. Or ... he can just continue being successful.
Obama hasn't even ran a lemon-aid stand so we shouldn't expect him to understand business basics.
I'm with the guy in this article wholeheartedly...and apparently thousands of business owners nationwide are as well.
OK, let me see if I got this right ....
Either you are blaming Obama because this guy has a successful business ...
or ...
you are blaming Obama because this guys business is not more successful.
Come on man.
(Blame is so much better to give than receive)
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
