Monday, November 16, 2009

Hey Dude, what do you know about business?

That is a question I would like to ask President Obama and anyone on his staff. They do not have a clue. NOT A CLUE! Cap & Trade, Stimulus, Healthcare Reform,treatment of our troops, how to wage and then end this war, etc., etc., etc. Not a clue.

from a business standpoint, Mr. Obama would make a good neighborhood organizer. This guy doesn't not have the know-how or the forward thinking to understand what is going on beyond the end of his nose. I recently watched a discussion between Warren Buffet and Bill Gates at Columbia University Business School. Now these are two business icons. I mean giants in the business realm. However, they do not have a clue how the small business guy works. They used to because at one time they were small business people. Buffet is funny and appears to be practical. After all he still lives in the house he lived in 30 years ago and eats cheese burgers for lunch. Gates is sincere and forward thinking and, through his foundation, wants to help the world. However he, like Buffet, wants to do so by giving extremely poor people throughout the world what they need. If they were talking about medical treatment only, that would be good, But they are talking about GIVING them whatever they need. Remember the fist story. Give a man a fish and he eats for a day. Teach a man how to fish and he eats for a lifetime.

Their problem (besides being Obama supporters) is that they both have forgotten how small business operates and now live in ivory towers. I respect both of them for their business prowess, but they have forgotten that the Berkshire Hathaway's and Microsoft's, as big as they are, are not mainstream business. SMALL BUSINESS IS!!! Not big business. Sure they do lots of business with small businesses, maybe, but they do not have a clue what "Joe the Plumber" is going through and what these government debacles are doing to those guys. The surprising thing? Both Microsoft and Berkshire Hathaway are run more like small businesses than the "too big to fail" guys. That is why they are successful. Both these guys have forgotten that in small business requiring things like health insurance, minimum wage rates, etc. really hurt. In their businesses they say that they just pass on the increased cost to the consumer. In a small business, those additional cost may be what precludes them from getting the work at all or sends them down the street to the big guys because they can absorb those additional cost in profits. The little guy cannot.

That's what I think. What do you think?

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