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by SitasMom on 17 June 2012 - 14:06
This Is Why There Are No Jobs in America
By Porter Stansberry
I'd like to make you a business offer.
Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment…
Here's the deal. You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do. I'll partner with you no matter what business you're in – as long as it's legal.
But I can't give you any capital – you have to come up with that on your own. I won't give you any labor – that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees, and where and when you're allowed to operate your business. That's my role in the affair – to tell you what to do.
Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits.
You're also going to have to pay me about 12% of whatever you decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about who you can employ, when, where, and how. Come on, you're my partner. It's only "fair."
Now… after you've put your hard-earned savings at risk to start this business, and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to cash out – to finally live the good life.
Whether or not this is "fair" – some people never can afford to retire – is a different argument. As your partner, I'm happy for you to sell whenever you'd like… because our agreement says, if you sell, you have to pay me an additional 20% of whatever the capitalized value of the business is at that time.
I know… I know… you put up all the original capital. You took all the risks. You put in all of the labor. That's all true. But I've done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.
Oh… and one more thing…
Even after you've sold the business and paid all of my fees… I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is worth.
After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance this expense for your children.
All in all, if you're a very successful entrepreneur… if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public… you'll end up paying me more than 75% of your income over your life. Thanks so much.
I'm sure you'll think my offer is reasonable and happily partner with me… but it doesn't really matter how you feel about it because if you ever try to stiff me – or cheat me on any of my fees or rules – I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons, and throw you in jail.
That's how civil society is supposed to work, right? This is Amerika, isn't it?
That's the offer Amerika gives its entrepreneurs. And the idiots in Washington wonder why there are no new jobs…
Regards,
Porter Stansberry
By Porter Stansberry
I'd like to make you a business offer.
Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment…
Here's the deal. You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do. I'll partner with you no matter what business you're in – as long as it's legal.
But I can't give you any capital – you have to come up with that on your own. I won't give you any labor – that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees, and where and when you're allowed to operate your business. That's my role in the affair – to tell you what to do.
Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits.
You're also going to have to pay me about 12% of whatever you decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about who you can employ, when, where, and how. Come on, you're my partner. It's only "fair."
Now… after you've put your hard-earned savings at risk to start this business, and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to cash out – to finally live the good life.
Whether or not this is "fair" – some people never can afford to retire – is a different argument. As your partner, I'm happy for you to sell whenever you'd like… because our agreement says, if you sell, you have to pay me an additional 20% of whatever the capitalized value of the business is at that time.
I know… I know… you put up all the original capital. You took all the risks. You put in all of the labor. That's all true. But I've done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.
Oh… and one more thing…
Even after you've sold the business and paid all of my fees… I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is worth.
After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance this expense for your children.
All in all, if you're a very successful entrepreneur… if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public… you'll end up paying me more than 75% of your income over your life. Thanks so much.
I'm sure you'll think my offer is reasonable and happily partner with me… but it doesn't really matter how you feel about it because if you ever try to stiff me – or cheat me on any of my fees or rules – I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons, and throw you in jail.
That's how civil society is supposed to work, right? This is Amerika, isn't it?
That's the offer Amerika gives its entrepreneurs. And the idiots in Washington wonder why there are no new jobs…
Regards,
Porter Stansberry
by NigerDeltaMann on 17 June 2012 - 21:06
Are u sure? But i know America's so profit oriented that she can sit and discuss business offer hell from satan d' devil. ie: how can a man conveniently marry another man as wife.
by beetree on 17 June 2012 - 22:06
That post of Sitasmom is just so wrong in so many ways, she has no idea about what a real entrepreneur is all about, and how the money gets handled. Don't worry NigerDeltaMan. And don't confuse the gender thing with the profits thing.
by Red Sable on 17 June 2012 - 22:06
It is right in many ways, sounds like Canada.
I don't know how businesses do it. Having to pay for more and more holidays, ( now we have family day) matching the UEI, the CPP of the employees, wages, taxes (13% here in ON), wage hikes, higher cost of gas, raw materials. It simply can not go on much longer.
I don't know how businesses do it. Having to pay for more and more holidays, ( now we have family day) matching the UEI, the CPP of the employees, wages, taxes (13% here in ON), wage hikes, higher cost of gas, raw materials. It simply can not go on much longer.
by Two Moons on 20 June 2012 - 18:06
There are no jobs in America because it is more profitable not too.
And one might also consider that the heavy industrial polution is now somewhere else for the most part.
Compounded by the fact that Americans want cheap, not quality.
Build a better mouse trap and they will come.
Moons.
And one might also consider that the heavy industrial polution is now somewhere else for the most part.
Compounded by the fact that Americans want cheap, not quality.
Build a better mouse trap and they will come.
Moons.
by beetree on 20 June 2012 - 18:06
The tsunami pollution is going to be a real big mess! There's a chance for some work. There are what is called "niche manufacturing opportunities". I don't think it is the end of the rope, yet.
And solar energy technology is going to keep getting more widespread. I was impressed to see solar power cells installed to power the Mobil gas stations on the Merritt Parkway. I thought that was fantastic. A visual oxymoron!
And solar energy technology is going to keep getting more widespread. I was impressed to see solar power cells installed to power the Mobil gas stations on the Merritt Parkway. I thought that was fantastic. A visual oxymoron!
by Red Sable on 20 June 2012 - 18:06
I was told, and I'm not sure if it is true, (but it was from my honest mom) in the face of our rising hydro costs, we actually have too much with all the wind and solar power and are PAYING the States to take it?!
Sounds just to bizarre to be real. Any Canadians know if this is true?
Sounds just to bizarre to be real. Any Canadians know if this is true?
by beetree on 20 June 2012 - 19:06
Could be, I wouldn't be surprised. Sounds like a simple power brokering deal. I think it isn't that we are "taking" it, we are buying your surplus, because there are times we need it, like during heat waves,in N.E., our out-of-date power grid gets pushed to the max. It's real hard trying to tell this person they can't run their A/C, but this other guy, he can.
There is something called net metering, this from; http://en.wikipedia.org/wiki/Net_metering:
In the U.S.A., as part of the Energy Policy Act of 2005, under Sec. 1251, all public electric utilities are now required to make available upon request net metering to their customers.[2]:
There is something called net metering, this from; http://en.wikipedia.org/wiki/Net_metering:
In the U.S.A., as part of the Energy Policy Act of 2005, under Sec. 1251, all public electric utilities are now required to make available upon request net metering to their customers.[2]:
‘‘(11) NET METERING.—Each electric utility shall make available upon request net metering service to any electric consumer that the electric utility serves. For purposes of this paragraph, the term ‘net metering service’ means service to an electric consumer under which electric energy generated by that electric consumer from an eligible on-site generating facility and delivered to the local distribution facilities may be used to offset electric energy provided by the electric utility to the electric consumer during the applicable billing period.
by SitasMom on 22 June 2012 - 00:06
france invested billions in windmills and solar energy........beetree - go and find out how that worked for them..
by beetree on 22 June 2012 - 00:06
Sitasmom: I live in the USA, I don't need to know about failed French policies.
The facts are, homeowners can MAKE MONEY THRU SOLAR!
The facts are, homeowners can MAKE MONEY THRU SOLAR!
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