What a field day for the heat
A thousand people in the street
Singing songs and carrying signs
Mostly saying, "hooray for our side"

Tuesday, October 25, 2011

Half a league, half a league, half a league onward

Tweet of my heart: @eyerweb: Dear business leaders whining about uncertainty: know what reduces uncertainty? Nationalization. Any takers? The line forms to the left.

Yes. That. I've said it before, I'm damn tired of hearing about how our "brave and entrepreneurial business leaders" are paralyzed and can't move forward because of "uncertainty." You can't have both. Either our business leaders are "brave and entrepreneurial" or they're quaking in their birkenstockings about "uncertainty." One cancels out the other.

No, really. Personally I blame this on the rise of the MBA. People who aren't really entrepreneurial or have insight into business are running our businesses (or are consulting for them). They have a degree, but in most cases, no actual working experience. Then they are capriciously put into positions of responsibility. These are people who are now looking at the world with a deer in the headlights look.

Here's the thing. If you are running a business, now is the exact moment to make your move. This is the time of "fortune favors the bold."

As for "uncertainty" in the future being a problem, it is never different. In most cases this "uncertainty" is shirt rending over "new possible regulations" or "new taxes". Well, most of this is being driven by the fear engine that is one of our major news outlets, and one of our political parties. And it will never change. We have elections every two years where the make up of Congress could change from one party to the next. Every four years we get to change who sits in the White House. It doesn't stop.

Once you think you may know exactly what is going to happen, in two years that can be overturned. Always thus.

Want to know what real entrepreneurs do? They entrepreneur. They take risks, and put their money on the line. Corporate profits (and money in the bank) are at all time highs. All this, "UNCERTAINTY!" is a bunch of manufactured FUD pap that a certain political faction wants you to believe. But only because it benefits them.

2 comments:

Dr. Phil (Physics) said...

Absolutely fucking right. In times past, real businesses used recessions to buy technology and improve infrastructure with little downtime consequence. Today businesses reward themselves by sitting on their useless cash.

Cowards.

Dr. Phil

Steve Buchheit said...

You said it Dr. Phil. At this point corporations should have rebuilt their infrastructure and positioned themselves to grow. Instead, they're all waiting for someone else to go first.