The only way to not just survive but thrive as an entrepreneurial enterprise is to destroy fixed costs and labor overhead.
It is not coincidental that the middle class and small business are both in decline. Entrepreneurial enterprise and small business have long been stepping stones to middle class incomes and generational wealth, i.e. wealth that is passed down to future generations rather than consumed. As the headwinds to entrepreneurial enterprise and small business rise, the pathway to middle class prosperity narrows.
The Washington Post published a study that found U.S. businesses are being destroyed faster than they’re being created. While not exactly a surprise, it was sobering evidence that small enterprise is in structural decline:
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
3 comments:
The liberal agenda as well as Big Business is to eliminate all small businesses. This gives the Big Businesses more control over employees and potential employees as well as the government. The democrats and Big Business are in cahoots.
And the Republicans are not 2:18? Their agenda is do keep taxes lowest on the 1%. Just remember the good old days of middle class prosperity 50's and 60's we had tax rates as high as 70% for that 1%.
Reagen was their man, throw a few bones to the lower tax rates and give the real candy to the top earners.
I dont see Obama raising taxes on anyone except working people,democrat party sucks up to George Soros,he runs all of them.
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