Jim Blasingame's Blog, page 10

December 10, 2015

POLL RESULTS: How concerned are you that the U.S. might experience an attack like the one in Paris?

The Question:

eiffel_tower_spring.jpgHow concerned are you that the U.S. might experience an attack like the one in Paris?

67% -I’m very worried that it’s just a matter of time. 29% - I’m concerned but not overly worried. 2%- Not worried - our security organizations are very good. 2%- Not worried - if it happens, we can handle it.
Jim’s Comments: As we contemplate recent attacks by radical Islamic murderers in Europe, we’ve come to terms with the fact that these sub-humans aren’t mad at the...
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Published on December 10, 2015 06:52

December 7, 2015

Revealing the dangerous disconnect between Wall Street and Main Street

Decades ago I worked my way through college selling big-ticket merchandise on commission for Sears.

In those days — when a salesperson’s technology was a ballpoint pen and carbon paper — if I had a prospect on a $500 out-of-stock item, management permission was required to make a $1.23 long-distance call to check availability at a regional warehouse.

Approval had to come from one of two types of managers, each with a different philosophy about the impact of my request:

An Operator — hard-wir...
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Published on December 07, 2015 11:29

Why the decline in startups helps mature small businesses

In my last column I revealed four reasons why the economic recovery since 2008 has produced fewer startups than those in the past, and the implications of that decline on economic growth. This week I’ll explain why companies that survived since 2008 are better off than before, including how the decline in startups may have helped them.

As great as startups can be for macro-economic growth, they can also be messy for a couple of reasons.

1. The risk for startups is extreme and the total cost c...

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Published on December 07, 2015 10:21

December 2, 2015

Revealing the dangerous disconnect between Wall Street and Main Street

Main Street expert, Jim Blasingame says, “There’s a reckoning coming.”

An essay by Jim Blasingame

“Are Operators still dispensing essential management medicine, or can a portion of the not-so-great recovery be attributed to being over-medicated by their parsimonious prescriptions?”

Click here to return to the full essay at BizJournals.com.

Please feel free to comment below.

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Published on December 02, 2015 03:16

November 30, 2015

Four factors that stopped the American startup

As the financial crisis was being resolved in December 2008 I heard someone say, “Wait ’til the startups get going – they’ll end this recession and crank up the economy again.” Of course, this maxim had caught on previously because when you start a business, you create at least one job.

But as I thought about how that entrepreneurial expectation had been true in past recoveries, I considered the environment we were entering and concluded that this recovery was going to be different. Indeed, i...

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Published on November 30, 2015 08:01

November 25, 2015

POLL RESULTS:I’ve been in business more than 26 years, but this week we’re celebrating the 18th anniversary of my radio program. How long have you been in business?

The Question:

business_handshake_men.jpgI’ve been in business more than 26 years, but this week we’re celebrating the 18th anniversary of my radio program. How long have you been in business?

0% - We’ve been in business less than two years. 8% - We’ve been in business 2 to 5 years. 5%- We’ve been in business 5 to 10 years. 87%- We’ve been in business more than 10 years.
Jim’s Comments: Early in 2009, as the 2008 financial crisis was being resolved and the Great Recession was coming to an end, I h...
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Published on November 25, 2015 06:28

November 24, 2015

Be thankful

Americans punctuate each year with the Thanksgiving holiday as a way of perpetuating a 390-year-old tradition begun by a rag-tag group of our forebears. That first time, in 1621, thanksgiving day wasn’t the proper noun it became. It was just a day set aside by a few dozen humans who risked everything, actually lost most of it, were hard-by to any number of dangers that could cost them the rest, but still felt compelled to be thankful for what they had.

Regardless of where you live on planet...

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Published on November 24, 2015 06:45

November 23, 2015

Cause and effect meets humanity & the world changed

This is Jim’s traditional Thanksgiving column.

As the 17th century dawned, cause-and-effect was merging parallel universes.

In the Old World, a decision by a group of Leiden Separatists put them on a circuitous journey. Meanwhile, in the New World, a manchild named Tisquantum was born to the Wampanoag Indians.

Both the Separatists and Tisquantum became very important to our future, but not before their lives would change and intertwine in ways not to be imagined by either.

Seeking religious...

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Published on November 23, 2015 07:11

November 18, 2015

POLL RESULTS: Veteran’s Day is this week. Please let us know where you fall on this list.

The Question:

Veteran’s Day is this week. Please let us know where you fall on this list.

24% - I am a Veteran with active duty experience. 12% - I’m a Veteran with Guard/Reserve experience. 49% - I’m not a Veteran, but a close member of my family is. 15% - I’m not a Veteran and don’t have any in my close family.
Jim’s Comments: As you can see, a little more than one-third of our respondents have military experience. This number will drop over time as the Baby Boomer gene...
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Published on November 18, 2015 06:23

Celebrating milestones

If you will permit me, today I would like to talk about a couple of milestones of which we’re kind of proud. On Monday, November 17, 1997, I began broadcasting The Small Business Advocate Show for two hours Monday through Friday, and ever since that first day the program has been nationally syndicated.This week we’ll celebrate our 18th anniversary and the beginning of our 19th year on the air. In January 1998, we began simulcasting our show on the Internet, which makes us one of the...
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Published on November 18, 2015 06:22