Monday, July 9, 2012

Late Night Talk Shows - Innovation, Small Business, Politics, or Economics

The other day, I was at Starbucks and I was talking to a gentleman who was quite distraught, as he was going through all of the ads in the newspaper to go find a job. He had popped into Starbucks due to the air-conditioning, grabbed himself the newspaper out of the newspaper "already read" newspaper rack, bought the cheapest coffee of the day, and pulled out his highlighter and a yellow notepad. Personally, I applaud this level of hard work to go find a job, rather than just collecting unemployment benefits. Okay so let's talk about this shall we?

You see, the gentleman in question had run out of his unemployment benefits and therefore he is not counted in the 8.2% unemployment rate, but he is definitely out of work, and he is stressing to the max. As I talked with him and gave him suggestions of places to go to find a job on this side of our Valley, he admitted to me that he wasn't getting much sleep that night. I told him he could always listen to late-night radio, and he told me he did, but the only really good shows on were the conspiracy theory shows, and that wasn't doing him any good either.

He was working hard to keep his mental sanity, but what he really needed was a psychological uplift, and a way to get good sleep at night so he was sharp, motivated, and ready to go as he was looking for work during the day. The bills were piling up, and if the stress didn't kill him, he would be homeless pushing a shopping cart soon enough. This got me to thinking that we need more late-night talk shows which are positive, things which talk about innovation, small business topics, economics, and what's going on in the political structure.

Folks need to be able to make sense of the world, but it's quite hard with the politicians saying one thing, and the economy responds doing another. Many folks who can't find work should probably be thinking about starting their own business, or perhaps they've had a lot of time on their hands to think of a new innovative concept that they can bring to market, so they can achieve their life's dreams and goals.

Wouldn't it be great if there were more of these types of late-night talk shows that dealt with the positive nature of free markets, small business, and then perhaps we could get our economy moving again with or without the help of the podium pushing politicians. Indeed I hope you will please consider all this and think on it.

Saturday, July 7, 2012

We Need More Radio Shows Highlighting Small Business Innovation

I think by now everyone knows that for our economy to properly recover and to get job growth really cooking again, we need to start focusing on small business. You see, even though corporations when they do hire, hire people by the hundreds, it is the small companies that hire the most number of people. Some might contend that those jobs are not as good as corporate jobs because they may not come with all the benefits, but if you need a job, and the economy is good, a small business will be glad to have you. Okay so let's talk about this for second shall we?

Now then, exactly how might we do more to help the situation? Indeed, I don't believe that offering more small business loans or throwing a bone here and there for smaller companies in government contracting is the answer, oh sure that's nice, but it's only a drop in the bucker of what we really need to do. You see, that only helps a limited number of companies, and the vast number of smaller firms out there is astronomical. For instance, prior to retirement I was in the car washing industry, and there was an estimated 96,000 of them in the United States.

We hear a lot of talk from venture capitalists that they need less regulation so they can move new innovations forward faster. That may be so, although new innovation in the marketplace is also somewhat disruptive. However, let's say for instance that someone developed an easier way to wash cars, a new piece of equipment for a carwash for instance. Well, if that existed then all those 96,000 carwashes would want one, and they would get a faster return on their investments by becoming more efficient, making more money, and therefore, they would hire more people. At least in theory that's how it works right?

I mean we really are talking about free-market economics here. We need more ways to promote and highlight the smaller companies, innovators, inventors, and entrepreneurs that come out with better ways to become more efficient. We have seen some interesting TV shows where they award the best innovator or the best invention with a prize at the end of the show. Those are quite good, but they can only help out perhaps 10 or 20 new inventions or innovations each show. What might be better is to have radio shows highlighting small business innovations.

Think if there were radio shows on every single night in every single market and region with local entrepreneurs, introducing them to the audience, to movers and shakers, corporations that might license those innovations, local venture capitalists, and Angel investors? It seems we just need more of that, and as others small time entrepreneurs see innovators succeeding they too are more apt to go forward and try. That would be a good thing for America, so I am bringing this to your attention. Indeed I hope you will please consider all this and think on it.



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