If you do not have any regard for a return on your investment but an insatiable hankering for a big payout, then you should get in line and purchase a lottery ticket. However, if you want your money to work for you and create something worthy of a Harvard Business School case study, then you must understand risk versus reward. Uncertainty obscures the ability to calculate risk.
The current environment is mired with uncertainty and as a result the smart money is on the sidelines waiting for the fog of war to clear. Healthcare reform, coherent energy strategy, housing market, new financial legislation, geo-political turmoil and tax law reform driven by a seemingly insurmountable debt level at state and federal government is the source of the fog.
Capitalism abhors regulation. As the saying goes, if you know the rules you can play the game. The current players are not certain of the rules. As a result, they are choosing not to play. The best approach to unleashing capital is to define the rules and create a favorable environment of entrepreneurialism.
It certainly is not a lack of ideas or capital to invest. There are plenty of smart people and money sitting on the sidelines waiting to get in the game. Entrepreneurialism is the backbone of capitalism. America has been the incubator of ideas and a tangible path to prosperity.
The best spark for growth will be a clear and consistent message to the business community globally regarding America's fiscal plan to contain debt and a commitment to a framework that will mitigate regulatory shackles. This is not a diatribe about Republican versus Democrat. It is a plea to stop the waffling and create a stable environment to allow job creators to do what they do best - eradicate kryptonite by making calculated risks.
More from this contributor:
Blood on Wall Street; Pain on Main Street; Politics in Washington
How Would Thomas Jefferson Vote Today?
Baby Boomers and Their Final Boom
Published by Mitch Biggs
Diverse background with a passion for the small business community. Currently developing retail opportunities in the Health Care Industry View profile
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2 Comments
Post a CommentWow, this is ignorant nonsense.
super thanks