Virtual CEO Roundtable

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Posts Tagged ‘business’

I can’t keep business and politics separate

Thursday, July 9th, 2009

I’ve been away from the blog for several months.  There are many reasons for this, but I won’t bore you with any of details.  Let’s just say that the economy and demands of business have consumed my time as I’ve been working on a business plan for the next year.

It is a well-used adage of business that you shouldn’t wear your politics on your sleeve.  To do so risks losing customers who don’t share your political views.  I understand this but, in my business, find it terribly difficult to do.  Especially now.

I’d love to hear from anyone with an opinion on posting political opinions on a company blog and their affect on business.

For example, it is irrefutable (just try searching the internet) that when tax rates are reduced, the economy grows and revenues to the government INCREASE.  Look to the Kennedy, Reagan, and W tax rate reductions for proof.  When tax rates are increased, the economy slows and government revenues DECREASE.  How do you explain the Keynsians who refuse to accept the data that disproves their theory of a demand-driven economy?

The economic stimulus package of $786 billion dollars is having little documentable benefit, except perhaps in protecting government jobs.  Had the federal government simply declared a tax holiday, a cessation of all business and personal income taxes, equal to that $786 billion the money would have been pumped directly into the economy through savings, investments, and jobs.  Unfortunately, that option doesn’t give control to the bureaucrats who want to tell us how to live by making spending decisions for us.

This is not a tax issue.  The real issue is personal freedom and liberty.  When the government taxes its citizens for non-essential services, the lefts traditional wealth transfer programs, it is engaging in nothing different than slavery.  US citizens are now obligated to work until mid-April every year turning everything they earn over to the government.  Business owners must step up and get engaged in this debate.  It is high time we let the world know that we will get the economy moving again, if the government would get out of our way and out of wallet.

Successful Business Owners Use A Coach

Sunday, April 5th, 2009

Too many business owners tell themselves that they’re doing okay, really well even, so they don’t need a business advisor. Ask a really successful business owner and they’ll tell you that the best time to engage a coach is when things are going well. That is exactly when most owners get lazy, or careless, or complacent. The best benefit an owner receives from time spent with a coach is the obligation to support and justify your ideas and actions. A good coach is always asking you why…why do you do what you do, think the way you think, treat a person the way you treated them.

As an employee of someone else, you had to always be your best. After all, the boss was watching and that next promotion was on the line. Now that you’re the boss, avail yourself of a business coach and watch your performance improve. The ROI is amazing.