Metal Suitcase With Lots Of Cash
Metal Suitcase with Lots of Cash
Oddly enough when I talk to small business owners they all expect the bailout to be in a form of a metal suitcase full of cash dropped on their doorstep.
Unfortunately, Obama is not a money tree - you can't just shake him and expect suitcases stuffed with cash to fly out. We must earn it; get in line, everyone deserves it right now.
The notion of federal officials coming in with newly printed money is something that a lot of small business owners dream about. I doubt that will happen.
Yes, the President delivered a great speech last night. Yes, it was very inspiring. But No, you still won't have a wad of cash in a metal suitcase at your doorstep.
Small business owners need to be reminded that the going will get tough, but the strong will survive. So keep your head up and be logical. The tough economy can't keep all the business owners down, step above the rest and keep on pushing through the tough time.
My favorite quote comes from a book a lot of us know about. Think and Grow Rich by Napoleon Hill. In the first few chapters he explains a scene that happens right after the Great Chicago Fire. All small business owners gather around and decide they need to get out of Chicago; it would be too costly to rebuild. But one man, quotes Mr. Hill, decides to stay and put up a store. Decades later Marshall Fields stands strong.
Sincerely,
Ilya Bodner
Small Business Owner
Initial Underwriting Group
About the Author:Over the course of the last 5 years as an entrepreneur I have successfully launched, managed, and sold off several businesses. Each organization started has added some value to my understanding of the business world today. My philosophy has been that 9 things out of 10 that I try will fail, but that golden one is always worth the battle. In my experience that has proven to be the case and my successful businesses still operate today under the management of those whom I have sold off to. The latest project is Initial Underwriting Group, a corporation comprised of two concepts: 1) business credit building and 2) business loan underwriting.
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