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  Comments (3) Total Saturday May. 25, 2013
 
Time to Recognize Who Creates Jobs
Entrepreneurs' Corner
“If you’ve got a business – you didn’t build that. Somebody else made that happen.” - President Barack Obama, Roanoke, Va., July 13, 2012

Are you kidding me? What a silly, uninformed statement to make! Wouldn’t you think that one of the jobs of the president of the United States is to encourage those whose companies create most of the jobs in our country?

  1. He assumes correctly that most successful entrepreneurs have had an outstanding mentor or teacher that had a big impact on their lives. But … so did every successful big company manager, labor union leader and politician. Successful people recognize the value of mentors!

  2. Then, he assumes that the government deserves a share of success – for building roads, operating a post office and defending our freedom. Good jobs for governments – establishing a climate in which entrepreneurs (and all other citizens) can succeed … and fail.

But, entrepreneurs have been thriving, and creating jobs, in America for more than a century, long before our federal government even acknowledged that entrepreneurs had a significant impact on job creation.

Let’s enlighten our president:

Risk: Entrepreneurs risk their financial futures by starting companies. Can the same be said for government employees? Of course not! Entrepreneurs have no government safety net and don’t want one. Government does not pick them up and dust them off and give them an encouraging word when they fail. Government doesn’t even know they have failed until they suddenly don’t file a tax return for the year after they go out of business.

Alone: Much of what first-time entrepreneurs do is learned on the job. Engineer entrepreneurs must learn selling. Financial entrepreneurs must learn product management.

Very few first-time entrepreneurs have experience at running all aspects of a business. And, they have no one to turn to for help. Successful entrepreneurs find advisors and mentors, but learning when and how to use advisors takes time – time that is perceived as necessary to run the business. And, of course entrepreneurs hire employees.

They must select the best possible team to get the job done. Once on board, the entrepreneur must manage those employees to effectively grow the company.

Growth in revenues and profits enables the company to hire more employees (job creation). No one is there (especially no one in government) to “make it happen,” Mr. President.

The U.S. is suffering from the lowest rate of job creation since the Great Depression.

And it is an established fact that new companies create most of the new jobs in this country.

It is time for the leaders of our country to recognize who creates jobs in America and take supportive action. Encourage entrepreneurs!

Don’t impede company formation! At a very minimum, just get out of the way and let entrepreneurs do their thing!
 
On 09-01-12, Bill Payne commented....
Hello ride4fun-     Thanks for your comments.  And, thank goodness Fox News does cover the missteps of the current administration, such as the President’s recent comments on job creation.  You know…I did read every word Mr. Obama spoke on this subject.  More importantly, I…
 
Kellyn Brown
Kellyn Brown16h
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The original Flathead Beacon boys. We'll sure miss you, Myers Reece. @ Flathead Beacon http://t.co/oGIACuIP4G
Dillon Tabish
Dillon Tabish16h
@djtabish
The original Flathead Beacon boys. We'll sure miss you, Myers Reece. @ Flathead Beacon http://t.co/oGIACuIP4G
Molly Priddy
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Myers Reece
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