Business Facts From Experts to Speed Up Economic Recovery
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I am fortunate to be connected to an organization that is made up of top executives, entrepreneurs, and business pundits. We meet 5 times per year to build and transact businesses of all types from start ups to large corporations.
As part of our program, we host top speakers and trainers. Today we featured a man named Charles Vollmer, whose mission is to create 20 million jobs by 2020. He calls his program Jobenomics. Mr. Vollmer works closely with the White House and heads of state.
The US is 12.9 Trillion dollars in debt. A trillion is a million million. By 2020 we could be over 25 Trillion in debt. 300 million are receiving government handouts.
Mr. Vollmer mentioned the fact that large businesses are not coming back in the way they had been. Manufacturing has dropped with many outsourcing and setting up plants outside of the US. It is up to small businesses to add jobs, even if it is only 2-3 employees to jump start the economy as it is now.
The numbers we are seeing on unemployment stats are essentially bogus. We need to look at those who have been unemployed for the long term (over 15 months) rather than those who have been recently laid off. The numbers are staggering. These people are now "welfare nannys." They have lost their unemployment benefits, are losing their workskills, confidence and have had to adjust their lifestyles to their current situation. This is particularly dire for baby boomers moving into retirement.
An interesting statistic, is the fact that there are 10.1 Million women owned firms in the US. 87% of these firms are self employed home business owners. Women are now a major factor in stimulating the economy. They are significantly adding more unemployed people to the work force.
Mr. Vollmer says, "Small business is the US economic backbone. Small businesses do not fail more than large businesses. Positive cash flow is critical for small business health."
Many have said that entrepreneurs are necessary to stimulate the economy and they are right. However, it is necessary for each and every one of us to work in collaboration to insure that it happens. Many factors could lead our efforts astray, including another economic crisis (such as real estate), military (war), natural disasters (the big one) or unknown unknowns (unk unk) We have to be prepared as business owners for all outcomes. Our best bet, however, is to ditch competition, party politics, and anything else that will detract us and work together to put as many people to work as possible.
God feeds every bird on the planet, but never puts it in the nest. They (we) have to take it upon ourselves to create change.
Would you like to interact with top fortune trainers, thought leaders and other entrepreneurs who are on a mission to pursue their dreams. Let me help connect you to the people, support and resources you need to succeed. Call Rebecca Olkowski at 818-515-7880 or EMAIL for more information.
Rebecca Olkowski is a Club President for CEO Space, a private entrepreneurial organization. For more information about CEO Space, please visit http://ceospacelavalley.com
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