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Common Sense, Business & Politics: I Will Know The Right Business When I See It.

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Common Sense, Business and Politics. Tuesday, August 11, 2015. I Will Know The Right Business When I See It. In my book Business Fits. I have a chapter titled “Myths about Starting a Business.”. One of the myths is, “I will know the right business when I see it.”. This is how I address this prevalent myth. Will it have flags and banners? Will it have your name on it? Your personal likes and dislikes for a product or service have very little to do with the demand for that product or service. How a candida...

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Common Sense, Business & Politics: June 2015

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Common Sense, Business and Politics. Tuesday, June 30, 2015. Mark Twain (1835-1910) is the pen name of Samuel Langhorne Clemens. One of Clemens many occupations was working on Mississippi steamboats, and later becoming a steamboat pilot. A steamboat leadsman’s job was to measure the depth of the water. When the river depth was two fathoms (12 feet), it was safe for a steamboat. The leadsman would then call out “Mark Twain” to the pilot. Clemons took this for his pen name. The Adventures of Tom Sawyer.

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Common Sense, Business & Politics: September 2014

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Common Sense, Business and Politics. Tuesday, September 30, 2014. Outsiders Buying the Election? This was the headline for The Gazette on September 21, 2014. The Gazette is eastern Iowa’s locally owned newspaper based in Cedar Rapids, Iowa. The article claims that special interest groups from outside the state pay for 80% of the TV ads in the U.S. Senate race between Bruce Braley and Joni Ernst. The impact of TV ads can easily negate local grass roots campaigning. Why do we allow this to continue? This d...

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Common Sense, Business & Politics: August 2015

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Common Sense, Business and Politics. Tuesday, August 25, 2015. What is the goal of the career politician? The answer is quite simply to get elected and grow the size of government. Some people become career politicians initially because they want to serve the people, but the fact remains that they have to get elected and reelected to stay in office, so that becomes the primary objective. Getting elected and reelected depends on raising campaign money, which means making deals and giving favors. In spite ...

terryoliverlee.blogspot.com

Common Sense, Business & Politics: October 2014

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Common Sense, Business and Politics. Tuesday, October 28, 2014. It would be nice if all managers were good leaders, but unfortunatly that is not the case. Many managers are not good leaders for a variety of reasons. This is true in both the provate and public sectors of out ecnomomy. One of the major reasons is the Peter Principle,. Which simply states people are promoted to a level of incompetence. In the public sector individuals are often elected to positions for which they are incompetent. The commun...

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Common Sense, Business & Politics: April 2015

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Common Sense, Business and Politics. Tuesday, April 28, 2015. Start Small and Grow. This is one of the subjects I address in the chapter “Myths About Starting a Business” of my book Business Fits. The opportunity to start a small business and grow into a large business might have been viable at one time. There are always exceptions, but this is basically a thing of the past today. A quick look at any downtown business district will verify the changes in retail business. I give an example in Business Fits.

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Common Sense, Business & Politics: August 2014

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Common Sense, Business and Politics. Tuesday, August 26, 2014. We recently had riots in the streets of Missouri because the police shot a black, male teenager. I have no idea if the shooting was justified, but why all the media coverage? I would not call a teenager that is large enough to be a strong-arm thief a child, but the media and race baiters do. That same weekend in Chicago a half dozen people were killed and four times that many wounded in Chicago, but that does not seem to be news worthy. Major...

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Common Sense, Business & Politics: February 2015

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Common Sense, Business and Politics. Tuesday, February 24, 2015. Why Do Businesses Fail? This is the title of chapter six in my book, Business Fits. Here are some of the highlights from that chapter. 8220;In my opinion, the number one reason businesses, and especially new businesses fail is under-capitalization. If you’re starting a business from scratch everything takes longer and costs more than you expect.”. Growth is not always good. People start or buy a business with no plan. A divorce can mean div...