The Hireling – Make the Choice and Feel Better


by Dave Miller

After mulling over the idea for a few years, and getting close multiple times, I’ve made the decision to hire another employee. This was a huge choice. Going from to one employee to two really changes the dynamics. It made me think hard and long about how I wanted to do business in the future.

My dilemma was what I call my circle. Long term the goal was to spend less time in the production end of business personally. Yet I wanted to grow. So I searched for sales, and found them. Then I had to rush into the shop to do more production, the very thing that didn’t give me fulfillment. Or I spent more time in real estate, scheduling showings, writing, making phone calls. Putting irons in the fire. Then after a day I immensely enjoyed, working a deal for a client, I would return to the shop feeling guilty because of my absence.

It is not a good feeling, walking into your own shop guiltily when you just had the ultimate day doing what you love.

I spent hours and hours contemplating the way to stop this circle. The conclusion is that I need another production man.  But another man in a one and a half man shop is a huge step, one I’ve been skeptical to take. Yet I would rather hire a full time, stable person. Our workload has been increasing but it has not surged to the point that another man would be steadily occupied. Another man would create the need for more sales.

 I’ve concluded this will be broken one of two ways.

  • A big job floats overhead and plops into our lap forcing us to hire another full-time person. (Less likely)
  • We hire another person and I work my tail off to increase sales to fill the additional capacity. (Most likely)

The decision has been made to hire another person. That is the first step and it is a colossal one. I have known for a long time this is the step I need and want to take. Avoiding it each time it surfaced has not worked to alleviate the problem. Even if the details still need to be taken care of, it feels good to have made the decision. It feels like forward movement and not stagnancy.

Are you feeling stagnant? Look at yourself to see if there is a decision to make that you have been avoiding. The weight of an undecided choice can wear you down. It did me. Don’t do as I do, learn from my mistakes. Make that choice.

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Published in: on August 30, 2011 at 6:57 am  Leave a Comment  
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Warren Buffet – Just Shut Up


by Robert Ringer

As much as I dislike being harsh to my elders, sometimes you just can’t control yourself.  That said, though I mean no disrespect to the man, I have to get something off my chest that I’ve wanted to say to Warren Buffett for at least two decades:  Warren, will you please — PLEASE — shut up!

I’m tired of hearing about how you’ve lived in the same modest house since 1958.  I’m tired of hearing about how you plan to give away 99 percent of your fortune, primarily to the Bill and Melinda Gates Foundation.  And, most of all, I’m tired of hearing your pleas for millionaires and billionaires to pay more taxes.

I found it sad that when you finally bought a private jet (through Berkshire Hathaway) in 1989, you were so guilt-ridden that you named it “The Indefensible.”  Sorry, Warren, but when I was in the real estate business in my late twenties, I bought a private jet, and I found it to be indispensable. What a great moneymaking tool a private jet is for a high-flying (excuse the pun) entrepreneur.

Don’t be embarrassed about your jet, Warren.  Enjoy it.  You earned it.  And, best of all, it helps you make more money, which in turn creates more jobs and helps grow the economy.  The only private jet I know of that does not do any of these things and is truly indefensible is the one your pal, the White House Whiner, flits around on.

Speaking for millions of Americans, we don’t want the government to have any more of anyone’s money.  Boehner & Friends have already screwed us yet again and given our make-believe president the right to print trillions of additional paper dollars and thereby reduce the value of what money we have left.

And what will that additional funny money be used for?  Not to pay down the debt, for sure.  The debt will not, and cannot, ever be repaid.  Let’s stop the let’s-pretend games.

The money will be used by BHO to start and expand more government agencies, hire more government workers, give Jeffrey Immelt and his other sugar daddies more government subsidies, increase his record-breaking food-stamp binge and other welfare programs, and promote his reelection campaign.

There is a misconception about money and morality, money and intelligence, and money and common sense.  Buffett clearly has a genius for making money without dirtying his fingernails.  For that, I tip my hat to him.  But it says nothing about his common sense or knowledge in other areas of life.  I’d venture to guess that he has never read Ludwig von Mises … or F.A. Hayek … or Ayn Rand … or Murray Rothbard … or Harry Browne … or even Ron Paul.

What Warren Buffett needs to do is educate himself on history, morality, philosophy, and ideology in time to bring about a deathbed conversion.  Does anyone really believe he has ever thought about the basic question of whether it is moral for the government to take people’s property by force?  Does anyone really believe he has ever given any thought to the concept of Natural Law, which gives rich people the same rights as poor people?

Until and unless you do, Warren, I again urge you:  Please, shut up!  Write the government any size check you feel is necessary to soothe your neurotic guilt feelings about your success, but, please, leave everyone else alone.

If you want to pay more taxes, I call your attention to the fact that there’s a place on your tax return that gives you the right to do so.  If you don’t feel that the nearly $7 million you paid on your taxable income in 2010 was enough, there’s absolutely nothing to stop you from paying more.  All you have to do is do it.

Copyright © 2011 Robert Ringer
ROBERT RINGER is the author of three #1 bestsellers and host of the highly acclaimed Liberty Education Interview Series, which features interviews with top political, economic, and social leaders. Ringer has appeared on numerous national talk shows and has been the subject of feature articles in such major publications as Time, People, The Wall Street Journal, Fortune, Barron’s, and The New York Times.

To sign up for his one-of-a-kind, pro-liberty e-letter, A Voice of Sanity, visit: www.robertringer.com


Published in: on August 20, 2011 at 5:38 am  Comments (1)  
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Lazy Politicians or Just Weaklings?


by Dave Miller

Are politicians weak or just lazy?

Barry Goldwater said: “To my mind the power possessed and exercised by the bureaucrats in Washington represents the most dangerous situation in America.  If the wrong man should come along and be elected president, we could see a dictatorship erected almost overnight, and it would stem from Congress’ failure to live up to its responsibilities.  Because the power held in these bureaucratic agencies is power given to them by the Congress which — and I must tell it like it is — was just too damned lazy to take on the job itself.

Barry calls it lazy. I was calling it weak, the lack of a backbone. But I think Barry is right. Which came first, laziness or weakness? I’d say laziness.

If you are too lazy to work out your muscles will become weak. Laziness promotes weakness.

The same goes for mental weakness. People are choosing the easy way with social benefit programs. As the choice is made to take the easy way the mind deteriorates. Each lazy choice weakens it.

Barry also said: “I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size.  I do not undertake to promote welfare, for I propose to extend freedom.  My aim is not to pass laws, but to repeal them.  It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution, or that have failed their purpose, or that impose on the people an unwarranted financial burden.  I will not attempt to discover whether legislation is ‘needed’ before I have first determined whether it is constitutionally permissible.”

He’s saying reducing legislation will extend freedom. It is either consolidated power or freedom for the people. The more power surrendered the more freedom to the people. The transfer from Congress to the people, us, makes a nation healthy.

My question to congress, “Do you want a fat, lazy and weak nation?” The scary part, I’m afraid the answer would be yes. Lazy people are so much more easily controlled.

Related post: O Big Brother Thou Art.

Building Your Power Team for Long-Term Success and Growth


by Dave Miller

The term Power Team is used by real estate investors as your go-to specialists. This is your team of experts that you rely on for quality advice and service. Even though this is a term used in real estate, it applies to any business.

When building your power team you want to choose the best money can buy. Or cannot buy. Sometimes the best are not the most expensive.

Hiring an expert gets the job done properly and on time. When hiring people your goal should be to hire people better than you. If not better, then people that can do the task less at expense than you.  This can be an attorney that has the expertise you lack, the secretary willing to work more cheaply than you, or the septic sludge remover that does the dirty work.

Whoever it is, choosing the right person is vital. They are still the face people see in place of yours. Your reputation is on the line. Business is about people. Interacting with people is business. Choose people persons.

The team you develop is one of the crucial elements to becoming a successful businessman, for it is vital to the long-term health, success and growth of your business.

Your Power Team should consist of experts

  • Consultants
  • Mentors
  • Attorneys
  • Accountant
  • Sales & Marketing Guru

Your list should be much longer than this, as this is only a start. The bigger you make you list of resources the better. The well that is deep is the one you can draw from often.

How do you build this list?

Start by thinking of your available resources you currently use. You already have your Power Team started. After you have thought about your resources, list them on paper. Now look over the list, noting the missing elements.

The next step is to write down the missing links and talk to your peers and mentors. Show them your list. Ask them to find missing pieces. Ask them for recommendations for your blank spaces.

What the U.S. Debt Looks Like to the Smith Family



by Dave Miller

How big are the cuts? How big is our debt problem? Here are the numbers. But they are bigger than our feeble minds can comprehend.

  • U.S. income: $2,170,000,000,000
  • Federal budget: $3,820,000,000,000
  • New debt: $1,650,000,000,000
  • National debt: $14,271,000,000,000
  • April budget cuts that averted a partial government shutdown: $38,500,000,000 (about 1% of the budget)

Let’s eliminate a bunch of zeros to help our little minds grasp these dollars.

It helps to think about these numbers terms that we can relate to. We will remove eight zeros from the numbers above and pretend this is budget for the fictitious Smith household.

  • Total annual income for the Smith family: $21,700
  • Amount of money the Smith family spent: $38,200
  • Amount of new debt added to the credit card: $16,500
  • Outstanding balance on the credit card: $142,710
  • Amount cut from the budget: $385

Now I can understand why the S&P cut the credit ratings on US debt. If I were the Smith’s credit card company I would be doing more than cutting their ratings. I’d be cutting their credit card in two.

Published in: on August 8, 2011 at 9:21 pm  Comments (1)  
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What Obama Told Us and What Really Happened.


 by Dave Miller

At times I am glad the economy is not recovering. If it were, the people would believe it is because of this nonsense we hear from these politicians.

The debt ceiling is the latest dog and pony show. The media is rambling on and on. Praising and criticizing. Just talking heads selling their hogwash.

I’m talking to both sides of the aisle here. They make it sound like they are doing the country a service. Doing their duty. Sacrificing for the good of the people.

The truth of the matter: this is the largest increase in debt allowed.

Ever!

When I hear them talk about sacrificing for the good of the people, I want to roll my eyes loud enough so you can hear it on paper.

Be careful what you listen to.

Here is some of the useless gobbledygook we have been fed in the past. Obama said we would lose a bunch of jobs unless we dumped a boatload of money into the system. We did. What happened?

Here are the results. Visualization is a great way to illustrate the point.

Selective hearing is the key.

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Published in: on August 2, 2011 at 12:17 pm  Leave a Comment  
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