Beaurocracy is the biggest challenge to entrepreneurs. They have to have true conviction in their hearts to be able to "burn" through red tape and all kinds of "no" responses to something that makes a difference. You need to find the right person who can give you that "yes", a person of true authority. Then, with the green light for you, the entrepreneur can blaze ahead and create opportunity.
Dee Miller
Hope, Idaho
2/04/10
1:02 PM
There are two dominant themes in the majority of the comments here; they are (1) the stifling of innovation to meet the many challenges facing us today due to governmental bureaucratic obstacles in place for the benefit of large business to discourage competition from small business and (2) the crippling costs of doing business for entrepreneurial start-ups. At the same time, it is publicly acknowledged by Congress and the President that small business is being looked to as the golden goose that can lay the golden egg of our economic recovery. It follows than that the entrepreneurs should unite to lobby (by their shear number; not money) the Congress and President to do what they need to do to create the environment that will encourage, or at least allow without these unreasonable obstacles, entrepreneurs to accomplish our recovery as they are best suited to do. I know there are many associations and alliances you may already belong to. If each of you would contact any of the organizations you belong to and direct their leaders to join together in order to unify your voices, it would be a lot easier and less time consuming than to each write your congressional delegations - which may or may not get read - but a consortium of business peoples' association very publicly demanding that Congress address and meaningfully correct these important defects could not be ignored. Since the large businesses and industry organizations write their own legislation for Congress to submit as bills, it would be good to submit what you require with specificity as well. If you leave it to them, they won't give you what you want, if they ever would get around to it. A survey of members' priorities would be followed by a vote to sort out the highest priority amongst them and would be the way to find a starting point. Determine by democratic process the top three priorities. Once those are accomplished, take up the next important until the list is worked through.
Thompson
New York
2/02/10
11:02 PM
The best thing for entrepreneurs will be the collapse of the Big Monopolistic Coercion Machine: the state. The best thing we can do to hasten its overdue demise is to simply ignore it. Business owners, start producing and trading off the books and off the Record. Individuals and employees, offer to work and make more purchases OTR! The less the state consumes in its insane bureaucracy, the more we're left with - and the more in turn we can produce next month. The cure for this recession is not before our eyes but behind them.
Rick Falls
Ocala Florida
2/01/10
6:02 PM
We are the way out not the government, and change is the only thing that's constant.
Many current industries and government departments alike, need to simply die and fade away, and thereby give light to the kind of innovation and problem solving that makes America Great.
The most pressing thing that I feel that entrepreneurs need first is radically reduced bureaucracy overall, then encouraged, open, and willing connections to like minded people who can serve as both experienced partners ("been there, done that") and to those financially able to help, as they recognize and actually invest, time, experience, and money into trending opportunities and potential future profits, without looking like the typical VC extortion types of lending that are prevalent currently.
Access to innovative micro sized business capital, possibly including government guarantees for that capital would be good, and makes good sense, if the government really wants business expansion from it's purest point of origin.
And lastly we need a simple and flat and "fair tax" structure so that when someone does figure out a way to earn a dollar by filling a need and serving others, they actually earn "a dollar" without fear of how much of that dollar the government will take, or contemplating how that dollar will be treated by a complicated, bloated and confusing tax code that serves few and stresses many.
Back to basics, and the free flow of ideas and capital without all the social engineering "we want this to happen" kind of strings.
Beaurocracy is the biggest challenge to entrepreneurs. They have to have true conviction in their hearts to be able to "burn" through red tape and all kinds of "no" responses to something that makes a difference. You need to find the right person who can give you that "yes", a person of true authority. Then, with the green light for you, the entrepreneur can blaze ahead and create opportunity.
There are two dominant themes in the majority of the comments here; they are (1) the stifling of innovation to meet the many challenges facing us today due to governmental bureaucratic obstacles in place for the benefit of large business to discourage competition from small business and (2) the crippling costs of doing business for entrepreneurial start-ups. At the same time, it is publicly acknowledged by Congress and the President that small business is being looked to as the golden goose that can lay the golden egg of our economic recovery. It follows than that the entrepreneurs should unite to lobby (by their shear number; not money) the Congress and President to do what they need to do to create the environment that will encourage, or at least allow without these unreasonable obstacles, entrepreneurs to accomplish our recovery as they are best suited to do. I know there are many associations and alliances you may already belong to. If each of you would contact any of the organizations you belong to and direct their leaders to join together in order to unify your voices, it would be a lot easier and less time consuming than to each write your congressional delegations - which may or may not get read - but a consortium of business peoples' association very publicly demanding that Congress address and meaningfully correct these important defects could not be ignored. Since the large businesses and industry organizations write their own legislation for Congress to submit as bills, it would be good to submit what you require with specificity as well. If you leave it to them, they won't give you what you want, if they ever would get around to it. A survey of members' priorities would be followed by a vote to sort out the highest priority amongst them and would be the way to find a starting point. Determine by democratic process the top three priorities. Once those are accomplished, take up the next important until the list is worked through.
The best thing for entrepreneurs will be the collapse of the Big Monopolistic Coercion Machine: the state. The best thing we can do to hasten its overdue demise is to simply ignore it. Business owners, start producing and trading off the books and off the Record. Individuals and employees, offer to work and make more purchases OTR! The less the state consumes in its insane bureaucracy, the more we're left with - and the more in turn we can produce next month. The cure for this recession is not before our eyes but behind them.
We are the way out not the government, and change is the only thing that's constant.
Many current industries and government departments alike, need to simply die and fade away, and thereby give light to the kind of innovation and problem solving that makes America Great.
The most pressing thing that I feel that entrepreneurs need first is radically reduced bureaucracy overall, then encouraged, open, and willing connections to like minded people who can serve as both experienced partners ("been there, done that") and to those financially able to help, as they recognize and actually invest, time, experience, and money into trending opportunities and potential future profits, without looking like the typical VC extortion types of lending that are prevalent currently.
Access to innovative micro sized business capital, possibly including government guarantees for that capital would be good, and makes good sense, if the government really wants business expansion from it's purest point of origin.
And lastly we need a simple and flat and "fair tax" structure so that when someone does figure out a way to earn a dollar by filling a need and serving others, they actually earn "a dollar" without fear of how much of that dollar the government will take, or contemplating how that dollar will be treated by a complicated, bloated and confusing tax code that serves few and stresses many.
Back to basics, and the free flow of ideas and capital without all the social engineering "we want this to happen" kind of strings.
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