Over my short life I have created, from thin air, 6 companies. I have started companies in good times and in bad times. I always start my companies with the ideal that I am going to sell them when they reach a certain size, that is my exit strategy. Every time I create a company I create jobs.
I have started companies in good times and in bad times and it is not unusual for me to have two companies going at the same time. Right now I am in a position where I have a small company that is growing, all the processes and people are in place that will carry this company forward to a point where it can be sold for a handsome profit. This is normally the point in the process where I start another company, plant the seeds of my next crop to be harvested so to speak. I am hesitating, not moving forward. Our government has gotten so screwed up that I really don't want to create more wealth for them to seize.
A quick aside for my liberal readers, I use to start companies that needed lots of employees, consulting companies. I stopped doing this in 2003 because I hated paying the government for the right to create jobs. For some reason, the government thinks that because I create jobs and give people work that I should pay for 1/2 the social security and medicare cost for these people. I don't agree, so I now create companies that require as few employees as possible. You might be saying big deal, but in the last downturn I started my company with one unemployed sales person and went on to hire 26 more unemployed people. Not only did I get these people off of unemployment I put them in a position to learn new skills and increase their value and salary. I don't do this anymore. So as you liberals run around saying tax the rich, this is what you get for your efforts. It is a big deal, because I can make a difference and now I choose not to because you keep stealing my incentive to do so.
Back to my original point, I am in a quandary, I am at the point where I am ready to start a new company. I have an ideal that will revolutionize the retail apparel industry, I could easily open 100 stores and hires a 1,000 people but I am sitting on the concept. I don't want to take the risk, dedicate 80-100 hours a week and loose that time with my kids only to have the government seize my profits and my capital gains when I sell.
This tungsten man is still trying to decide, create jobs or not to create jobs