To Create or not to create

by Tungsten_ring 23. September 2008 08:55

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

 

 

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags:

entrepreneur

Add comment


(Will show your Gravatar icon)  

  Country flag

biuquote
  • Comment
  • Preview
Loading



Powered by the marriage of Tungsten Carbide - Titanium and Stainless Steel forged in a ring of fire

Tungsten Rings

This is an experiment with the power of the blog and web traffic. Men's Tungsten Rings are fantastic they almost never scratch and they are easy to polish. If you are looking for a wedding ring, I suggest you be a tungsten man and buy a tungsten ring.