Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Monday, April 27, 2020

Why do businesses succeed...and fail?

Quick, simple answers pop right up.  But pause a moment and the simple answers just don't provide complete understanding.  The obvious answers are:

  • make money and become rich;
  • a challenge you can't refuse;
  • compete and win; 
  • see and meet a need.
The truth may be that there are as many reasons for starting a new business as there are people trying.  

Most businesses start with one common trait: each and every founder of a successful business was stubborn and a leader.

There is, however, one additional trait: perceptiveness. They understood and met the needs of the customer...of the marketplace.  Quality and Price always go together if there is to be success.

An study of the beginnings of any business only teach us about that...the beginning.  There have been many men who started a business and ran it successfully, only for it to fade and fail upon the death of the founder.  Why?

Many stubborn leaders don't want to delegate; it gives up control of quality and process and leaves the leader subject to mistakes and lack of drive by others and is anathema.  They don't like it; it smacks of lack of control and giving up of power.  They will make it very uncomfortable for anyone who pushes for any sort of delegation.  That stress will tend to drive all but the most subservient away...to other businesses or enterprises, leaving no one of leadership quality to continue the business upon the passing of the founder.

The businesses that survive do so because some just as stubborn subordinate refuses to be driven out and values what the business does more than a good relationship with the founder OR the founder comes to see the business not as an extension of themselves, but as having a business life and purpose of its own, and comes to appreciate nurturing it as a separate entity, welcoming others with new and different approaches.  If all at the top management level continue to respect and nurture that approach, the business will survive until that attitude fades and dies or the quality of leadership fades and dies.  Either will lead to collapse or absorption by another, successful, company.

Why be concerned with such considerations?  One major reason is as a potential investor.  You can be certain that the attitudes and quality of management, whether of a start-up or an ongoing business, are of paramount reason to a Warren Buffet and others who make their living as investors.  Whether buying stock, or investing in ownership/profits of start-ups, success depends on evaluating the motivation and talents of those at the top (or, in the case of a new business...the bottom).  As a person looking for a job, the same evaluation would be a benefit, if only to work at getting a job that would last.




Sunday, March 15, 2020

Politicians retire Rich; should that be?

A member of the House of Representatives, and a United States Senator each receives a salary of One Hundred Seventy-four Thousand ($174,000) Dollars a year.  Each gets allowances for staffing their offices, Office space and travel allowances.  And, of course, each gets status as well as the power to influence the actions of our Federal Government, including impacting our taxes as well as our individual freedoms.  Their performance is important to every citizen.

Some members of both houses have retired in the past couple of years,and more will retire at the end of this year.  A review of how long they served in public orffice, and their net worth on retirement seemed in order.

Senator "A" 18 years service,                net worth:   $2,794,024
Senator "B"  23 years service,               net worth:   $1,695,514
Senator "C" 12 years service,                net worth:   $2,668,017
Representative "1"  22 years service,    net worth:   $2,781,015
Representative "2"  30 years service,    net worth:  $24,290,511
Representative "3"    8 years service,    net worth:    $5,727,032
Representative "4"  35 years service,    net worth:    $1,348,011
Representative "5"  25 years service,    net worth:    $2,464,049

Whether these accumulations of wealth are legal or not is not my point.  Does anyone believe that these increases in net worth can happen of the Congressmen and women involved were spending their time looking after ever constituent equally?

Does anyone wonder why over the years none of these "accumulations" have come under Media scrutiny?

Is there any question about whether or not any of the accumulations (and expenditures) have not seen detailed audits and investigation by ANY legal entity or Inspector General(s)?

I cannot be the first to wonder about the ethics and legality of this sort of activity on the part of those who we euphemistically call "Public Servants.

Any ideas?

Monday, October 16, 2017

The "Establishment" Politicians on both sides still don't "get" it!

Perhaps it is because they see any success by President Trump as "Armageddon" to their elite political existence.  I find it hard to imagine that with the myriad professional politicians with elite educational credentials are unable to see the true reason for the election of a businessman with considerable baggage, personally and in business,  to the highest office in the land in preference to a life-long political operative who had so much in common (with, of course, ideological differences) with those on both sides of the aisle.Can they all hold the conviction that Secretary Clinton lost because she was a bad candidate and had at least as much baggage as Mr. Trump?

While it is clear that all professional politicians motives, even as they each deny them, include self-aggrandizement, accumulation of power, money and a sense of an elite status, not one of them seems to have the ability to sense, much less analyze and conclude, that the American voter is fed up with the lying and failure to actually care about the things that the voters who put them in office truly care about.

Some of them seem to think that because they were re-elected even as Mr. Trump won in last November's election they were not seen by the voter the same way that hindsight seemed to indicate those same voters saw Mrs. Clinton.  One wonders if they have any inkling that if in their own races there had been 3 or more choices (including a brash, non-politician) that they might have suffered the same fate as Mrs. Clinton.  Because with very few exceptions, it is clear that such would have been not only possible but likely.

Those of the political establishment have for years...decades, actually...gotten away with making promises that were clearly abandoned as soon as the election results were tabulated.  In some cases it is clear that those promises at the time they were made were clearly lies.

Now that President Trump has held office for almost a year, it has been clear to every citizen capable of voting that every other person elected to the Congress of the United States of America acts to prevent any significant accomplishment by the new President...every one, even those who ran on a Republican ticket.

For eight years, Republicans claimed they had a better way of providing Healthcare in America and were prevented from providing relief for the American people because of the veto threat from a Democrat President...FOR EIGHT WHOLE YEARS!  But once President Trump took office, having promised that when the Republican controlled Congress presented the bill to him, he would sign it...that Republican-controlled Congress failed to pass the promised legislation. That is too egregious to be an oversight, a mistake, or something slipping through the cracks!  They lied.

Meanwhile, the Democrats for the previous eight years had proven over and over again that they also were lying to the American people.  They also were moving further and further to the Left, as they took the side of demonstrators who took to the streets hurting people and destroying property and even attacking, hurting and murdering police.  They claimed such violence was only "sporadic" and that it was all part of "free speech."  Somehow they missed the concept of the guarantee being for the right to avoid prior censorship, but not consequences for what was said.

It is unfathomable that professional politicians do not recognize that the majority of the country see them as the equivalent of an invading, occupying force that holds office through subterfuge and fraud while exercising their power to obliterate individual freedom(s) and control both speech and action.

Clearly, the citizens of this country do see that as the truth, hence the election of President Trump.

Instead of colluding with each other to try to take Mr. Trump down...instead of investigating the election, obstructing real partnership to get reasonable legislation passed...and colluding with a clearly "Leftist" media for the same purpose, they should recognize, admit, and act to prove they are prepared to abandon their lust for money, power, and status by actually listening to and acting on the wishes of their constituents.

If they do not, the next election cycle will see a lot of members of Congress on both sides of the aisle facing challenges from candidates that will make President Trump look like an agreeable teddy bear.  And those candidates will win.

Monday, August 14, 2017

Declining Education in America should not be a surprise

No one disagrees that America's educational system is losing ground to the rest of the world at an increasing rate.  But there seems to be little agreement on why...or what to do to reverse this.

Like everyone else, I have some ideas that might bear consideration and discussion.

Let's start with some presumptions:
-the purpose of education is a function of a societies view, which is not a constant;
-the importance of education is determined by both the home and society;
-how effective education reaches defined goals is NOT defined by students.

Today, our society had become so sensitive and delicate that our history is being "sanitized" and revised so as to not "offend" anyone's sensibilities.  Discussion of the cause as well as the proofs of climate change is seen as no longer legitimate, despite many instances that cast doubt on both data and reasoning.  Can a country where facts can be distorted, history be re-written and challenge disallowed ever successfully "educate?"  Do we WANT to educate?  Define that term...

Our K-12 educational system was based on the Prussian model which had two goals: 1. indoctrinating youth to act in concert as commanded, and 2., providing reading, writing and mathematical skills sufficient to make the graduate employable and to be a worthwhile citizen of the country.  For many years, it accomplished this, but with reduced indoctrination results due to American family values and demands that insisted on independent problems solving skills, and questioning of authority due to the lessons carried over from the War for Independence and needs for survival.

As the Industrial Age developed, increased skills were needed, yet problem solving became an even more important skill.  With time,  and increased security, family interest in History lessened but continuing knowledge of History continued in schools as a "habit."  Also increased security allowed the luxury of also lessening the need to be productive in order to survive, as government began to promote a need to "support" those who could not support themselves.

Today, advancement through the grades does NOT require successfully acquiring proficiency in reading or math, and many schools are now eliminating the need to know how to write (I have no idea how these individuals will be able to record anything or communicate over any distance should our power distribution system be disabled for an extended period).  Now "social" promotion is the norm and a High School Diploma is virtually useless as a qualification for a reasonably well-paying job.

K-12 Schools no longer are places where discipline is instilled, education to facts, or the art of problem solving is the norm.  The inmates are running the institution.  Immature children are not being trained, they are being coddled.  Learning is no longer being demanded.  Those interfering with the learning process are no longer being removed from classrooms or the schools, resulting in students who wish to learn being deprived of the right to accomplish that goal.

Money is not the answer; legislation is needed to provide the authority to control our youth in schools so that they can be taught the basics needed to survive in a real world.  The "individual rights" concepts focuses on single trees as all around our forests are dying by our own hand.

Universities and Colleges are no better.  They used to be places where an aspiring individual went to develop their ability to compete, argue, convince even as they learned more about the world around them, both present and past.  They acquired advanced ability to communicate, question, and solve problems...often in intense disagreement with both classmates and Professors.  Such disagreements were valued as "teaching" exercises...to be able to argue and defend a position or point even as you learned some often very valuable things from your opposition...and you respected your opponent and the opposition, knowing that it broadened your understanding of your own point of view even as it was amended in light of newly learned strengths and weaknesses.  There used to be competition to be admitted to such place.  And, of course, you needed to pay for it.  Some graduated from High School and worked for years to put away enough money so they could take college courses and ultimately gain greater security for their family...it was a privilege to be able to achieve this, demanding dedication purpose, and hard work.

Today, attendance at a University and/or college is touted as a "right" instead of a "privilege."  But today's University is not the one that I enjoyed more than a half century ago.  Why?  While there are probably many answers, one can be sure that with the failure of High Schools to graduate youth with the skills needed to hold ordinary jobs, the Universities and Colleges now serve to do that.  However careful examination proves that such is not the case; math, writing and problem solving are no longer of any obvious interest today.  Today Universities are also, like K-12, run by the inmates; "safe spaces", "nonaggression" and "being offended" are the focus of today.  Administrators are dedicated to making their students "comfortable" and Professors are (apparently willingly) advised to not offend their students or require them to do anything with which those students disagree.  How disgustingly plebeian are the majority of today's College and University graduates.  One strongly suspects that the reason that the government makes student loans so easy to acquire is that these institutions of "learning" are great for parking a lot of our youth so they don't appear on unemployment rolls for at least 4 years...  The government apparently cares little for the low probability that a majority of recipients of these loans will get an "education" that qualifies them for a job that will enable them to live and pay off those loans...

Do we want Universities that train, rather than coddle and indoctrinate?  If so, restore competition in admittance, in grading, in performance, including a guarantee of open and challenging dialog between both students and faculty, and require students to come with a life plan, knowing why they are in a college setting (other than to please their parents).  The least desirable element should be comfort.  Learning, advancement, challenge are uncomfortable.  They require ongoing effort of a lifetime, and University should be where one learns the habits that make success possible...not an artificial comfort zone that increases the likelihood of failure in a real world.

Maybe...just maybe...if we consider honoring what used to work, once again our educational "systems" can revert to successfully preparing our putative students to not only survive but achieve success in the real world.





Thursday, February 2, 2017

Possible Solution to our Education deficit

The degradation of the educational system in America is the result of many factors: the erosion of the family unit, the unionization of teachers that focuses on protecting the welfare of teachers instead of the education of children, and the Prussian Model used as a basis of our educational system through twelfth grade which is better designed for indoctrination than for learning and independent problem solving, among others.  The focus on the family cannot be recreated by any government.  It must come from the people.  Likewise, a desire to change our educational system from one of standardization to one of maximizing individual learning must also develop from the people and the teaching community working together.

But perhaps if the educational professionals themselves considered a radical change in their way of organizing, they might lead the way to improvements in the other two areas.  Here is one possible approach for consideration.

This involves a great deal of spending up front and that will turn many people off.  But if we look at how much money has already been appropriated only to fail to improve education in this country, perhaps we could at least try something a bit different.

How much more respectful and empowering would it be if all educators ruled themselves through a Professional Association matrix instead of a union matrix?  If administrators and teachers ruled their own membership in a manor designed to mandate good teaching methods as well as results, with awards and raises given by their own judgment and standards based on the achievements of their students, they would achieve three things:
     1, They would insure that all of them were dedicated to educational achievement, with the ability to set and demand high standards of each of their members based on their own self-interest;
     2.  they would have professional respect from parents as well as the general public; and
     3.  they would have the self-satisfaction of knowing that their students would be productive citizens.

But...how to implement this?  One idea would be to approach the teachers and their unions with the concept that ALL salaries for three years would be tripled.  Yes, tripled!  In return, the teachers would create their own Professional Organization empowered to rule itself, set minimum requirements and methods for self-evaluation based on student achievement as well as the teachers' Organization evaluations, and give up all tenure.

During those three years the teachers would themselves select those who's performance on behalf of the students qualified them for terms of tenure...which would be for a set number of years (perhaps 8 years), upon the expiration of which the Teachers Professional Association would do a review evaluation, the satisfactory finding of which would provide for an additional 8 year tenure.  At the same time, the Teachers Professional Association would be tasked with reviewing the educational program for learning efficacy, seeking improvement in the learning matrix and experimenting to improve the educational system with the goal of enabling and insuring that all students reach a certain minimum standard of reading, math and general knowledge while those with exceptional or advanced abilities are nurtured to maximize their educational growth.  But the key would be to put the responsibility AND the rewards for achieving that goal in the hands of the teachers themselves.

When Teachers and the general public come to see that Teachers are dedicated professionals exercising professional ability to regulate themselves to excel every bit as much as Doctors and other professionals and demonstrably requiring that all their members perform at the same high standards, they will:
   a. receive the admiration of the public and parents;
   b. which will give them greater authority to enable changes in education that will provide better results for all students;
   c. which in turn will demonstrate value that will provide for remuneration that all excellent teachers deserve; and
   d. the increased status will draw highly motivated and able new recruits into the profession.

At the end of the three year period of adjustment, re-selection of teachers deserving tenure and the creation of the basis for self-regulation and self-evaluation, the salary level would initially go to double the original (or, decrease one-third from the then effective level).  As time passes, the Teachers Professional Association can develop payment rates.  Perhaps they will decide to create a hierarchy of teaching ability (level 1, 2,3, Masters) either generally or by subject that would stay with the teacher and set the level of pay regardless of where or at what school he or she worked.  And/or there might be set adjustments based on cost of living when a teacher moved from one area of the country to another.  And, if a teacher moved during a tenure period, that tenure would continue until the expiration of the current term, with the usual re-evaluation to be conducted by representatives of the Teachers' Professional Association.

Just one idea to consider.  It seems wrong to criticize without attempting to come up with a way of improving or changing what seems currently not to be working.




Sunday, May 24, 2015

Do the American People even want real Freedom anymore?

Oh, I know everyone wants to do as they wish.  But that is not Freedom.  Freedom is not license and it is not lack of consequences; Freedom is the right and even the obligation to take charge of your own life, to make decisions for yourself, and then suffer or be rewarded for those decisions, learning from your experience and growing in the security that you did do that yourself.

What and how the government operates has little effect on thirty (30%) percent of the population; about 15% will never want or achieve independence or be much concerned with freedom; and about 15% will never be stopped from struggling for independence and freedom, despite any government or other attempts to make them dependent.  But the remaining seventy (70%) percent of our population can be and are influenced by both laws and by what seems acceptable in general society.

For years, biblical morality was the general norm.  People understood, even if the laws didn't say it outright, what was acceptable in society and in public action and discourse...and they abided by it for the most part.  Men didn't swear in a proper public forum or in the presence of women; women didn't use foul language when in public (what and how they spoke when with other women has always been a mystery).  Men held doors for women to enter first, parents disciplined their children as they saw fit, and children were expected to be seen and not heard.  Not always codified, nonetheless there was a certain level of behavior that was expected.

And one of those expectations was that every person would earnestly try to successfully earn a living for both himself and for his family; that being "on the dole" or receiving assistance from family, acquaintances, a "Community Chest" organization or the government was an embarrassment and to be avoided if at all possible...and, if not, to be repaid or to get off of any assistance as quickly as possible.  Such proof of lack of independence was a sign of both failure and or loss of Freedom of existence.

Again, this attitude was not necessarily codified...but it was enforced by public perception.

None of this appears to remain true today.  Oh, there are some who give lip service to the concepts.  But actions speak louder than words.  And legal decisions seem to encourage and buttress concepts that consequences are politically incorrect; that there is no bedrock of "right" and "wrong"; that an inability to support oneself is not embarrassing or to be corrected, as someone or something else owes you a subsistence.

When the government creates a support system that actually results in reducing your earned income if you take a job instead of remaining on government-sponsored and created programs, thus punishing you for wanting to actually earn a living, the vast majority of the public quickly adjusts to the new attitude that working or earning a living doesn't matter...that government will be your "big Daddy" and take care of you.  How utterly appalling, disrespectful, insulting as well as destructive to the individual and society at large.  And how absolutely it puts the country on the path to destruction, as that kind of support ultimately runs out of money even as the percentage of citizens growing up to expect such support grows toward 100%.

And yet young adults all around me seem blissfully unaware of the inherent dangers of dependence on others to survive.  They also have a narcissistic view of what is important in their world.  Certainly there are some who battle this view...but they ultimately abandon that instinct because 1) of the influence of their friends, or 2) come to see the injustice of their being required to support so many who could but don't work.

So a very good case can currently be made for the proposition that, other than in words, the American people care not one wit about their Freedom and are totally prepared to be dependent and be controlled by any entity (currently our government) that will provide an acceptable level of subsistence and not hold them accountable or enforce "consequences."  The failure to accept personal responsibility and hold to moral standards of conduct seem eerily reminiscent of the historical descriptions of the fall of both the Greek and the Roman Empires.  Perhaps our country will prove the exception.  I, at least, am not counting on it.