Romney a Lock - You Can Put it On the Board YESSSS!!

The contempt for entrepreneurship is puzzling to me.

 

Just thought I'd link to the site and let people draw their own conclusions.
http://www.keepinggophonest.com/behind-the-curtain-a-brief-history-of-romneys-donors

 

I'm sure there are a number of horror stories among Obama's donors (and I'm sure the good reverend Jeremiah Wright will soon get an apology for having his privacy violated.)

But the Obama campaign must love Romney in a way. They don't actually have to do anything to appeal to their liberal base. All they have to do is stand there and let him speak.

 

I think the contempt is for Mr. Romney's tin ear.

The doubts about entrepeneurship might have to do with the high failure rate of small business; or how we'd scale a national economy out of nothing but sandwich shops and beeswax candle dipping.

 

I'd also ask this of parents:

Assuming $20000 to be the exact amount you've saved in cash, if your son or daughter came to you at the age of 19 or 20 and asked to borrow that money to open a sandwich shop or a cupcake truck instead of going to college, what would you do?

 

If that's a chainwide rule, that's a steaming pile of presumptuous shit.

And make no mistake -- Jimmy John's puts out very good food. I have no beef with the product.

 

As best I can tell from the Romney ilk, the key to all of America's economic woes is for every man to start his own company, and every woman to stay home and raise a brood of kids. Oh, and never get sick.

 

Using your logic the Obama platform would be nobody starting a business, zero population growth because all pregnancies are aborted and a nation of hypochondriacs on paid sick leave.

I don't want to accuse you of being capable of logic though.

 

I'm still waiting to hear what advice the folks who think Romney is out of touch would give to a college student interested in starting his own business. Where would you tell him/her to look for funding?

 

It's not corporate policy, it's against the law.

And, most Jimmy Johns are franchises, so while their are corporate policies, various franchisees and managers might not know the law, or might try to circumvent it.

It's actually a common issue for restaurants. This exact problem is discussed regularly on Starbucksgossip.com by employees.

It's a big issue for restaurants too. To make a profit, you need to schedule labor very precisely. Someone calling in sick at the last minute can really screw up the day. It's not like their work can go undone for the day.

And, even in a tight labor market, you'd be shocked at how many people have no problem calling in sick when they just want a day off. (Managers who don't work with their employees to allow for needed days off complicate the problem, and only encourage their employees to call off, instead of ask for a day off.)

One of my customers is super strict about this, and requires a doctors note for nearly every sick day. (I can't remember, maybe your first one doesn't require it.) It's a pain in the ass. Sometimes you're just sick, and need to stay in bed. Going to the doctor's office is a pain in the ass, and an expense. But, they feel like it's necessary to cut down on sick days.

 

I think the answer is, "it depends."

Some kids aren't made out for college, but do have a good mind for business.

And, even by 18, some have displayed an entrepreneurial spirit. Has your son raked lawns, shoveled driveways, cleaned pools?

Has he worked in a sandwich shop, or on a cupcake truck?

Has he written a business plan?

Has he saved any of his own money that he's going to put up, along side your money?

I'm not sure I'd hand over my last $20,000, but then, I'd not sure I'd spend my last $20,000 on a college education either.

Starting a business is an investment, and an education. It all depends on the kid, and the circumstances.

 

Why not have the young entrepreneuse work for the money and save it herself?

As to whether or not college or trade school represents a better way to invest $20K, I would remind all here that the bedrock premise of an education is that it pays dividends for life.

Whereas small businesses, no matter how well run or how well intended, fail at an alarming rate.