Friday Five for October 7

If you want to access US Census data on businesses, you can start here. There are roughly 640,000 businesses in the United States with 20 or more employees. If you raise the cutoff to 100 employees, there are 107,000 businesses in the United States. The vast majority of the 6M+ businesses in the US have less than 20 employees. Mindsharp’s target market is in those 107,000 companies. Only 0.3% of companies in the US have 500 or more employees.

Here are five cases before the supreme court that could positively or negatively affect how we do business.

The Occupy Wall Street grassroots effort has grown and is growing via social media. Many cities are now experiencing “Occupy” events. I’ve read through their web site. It’s an amazing journey into the minds of those who lack common sense. If this is what our public colleges are turning out, then I’m in favor of defunding public colleges. While this isn’t an official list of demands, this post is indicative of a person who is expressing himself more on emotion than reasoned thinking. Yep, let’s just forgive all debt. Great idea. And everyone who is owed something but doesn’t owe anyone anything will never lend again. And that idea is supposed to create jobs. Another idea that will create jobs? Raise the minimum wage to $20/hour. So, why don’t we go all the way and make everyone wealthy be raising the minimum wage to $200/hour. That way, everyone can afford everything they need and want. You know else? We could give everyone in America $500K/year to live on and that would eliminate poverty today, since the poverty line is somewhere around $24K/year for a family of 4. I would also favor giving away milkshakes on Thursdays as a way to build community spirit and making GM/Ford/Chrysler/Toyota/Honda and other give away entry-level vehicles to those who don’t have jobs. That would spur demand and cause Help Wanted signs to appear in every business in America – especially the dental offices. You’d have to be a moron to not see how the Dentists are in bed with the auto workers. But I suppose if everyone is getting $500K/year, then perhaps they can afford to buy their own card. Anyways, the “resistance continues” but no one is certain what they are resisting. And since they have no official demands or ideas that they all agree to, it’s difficult to articulate what they want to do. Or be. Or…whatever. They don’t even know who they are and they are telling us they are the smartest bunch in America. <sigh>

Compare #OWS to the Tea Party, who is able to articulate what they want to accomplish on their home page. They are organized – not around social media technologies, but around articulated ideas. While #OWA has energy and a 1960’s “feel”, it will crumble and turn to dust if it doesn’t become organized around a coherent and articulated set of ideas.

Enough for this week. I’ll post again next week my Friday Five.

Bill English, CEO


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  1. Pingback: Where the Huffington Post got it Wrong | Thoughts on Business and Faith

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