You’ve heard the news: bailouts for this industry, bailouts for that industry, bailouts for everyone except for the honest business woman or man. It seems like you have to be a pretty big crook or a terrible money manager to get a bailout from the government.
This morning, over some healthy green tea, my staff and I discussed what a government bailout might look like for the average entrepreneur:
- A pair of rose-colored glasses to help you to see the financial news in a better light.
- A lottery ticket to give you something for your retirement fund that has better odds than the stock market.
- A used TSA quart-size baggie containing leftover government office supplies (that you and I paid for anyway) such as bent paperclips, broken black binder clamps, stump-ends of staples and an empty bottle of white glue to help keep your business together.
- A roll of duct tape in case the above fails (BTW – here in Texas my friends call it “hunnert-mile-an-hour tape” and you can too – when your business gets rolling again).
- An open, and partially consumed, bottle of Jack Daniels (probably from the Treasury Secretary’s liquor cabinet) to help take your mind off your financial problems.
- A bottle of extra-strength Tylenol® to help cure the effects of your late-nite discourse with “Gentleman Jack.”
- A bag of generic coffee to give you something to wash down the Tylenol® that morning and give you the energy to go to work and focus on your business (and not the economy).
- And finally, a Travel Doodle Pro to help you stay in communication with your office after your Blackberry® account is cancelled.
All of this would arrive postage due, in a damaged box, courtesy of the folks who brought you the sub-prime mortgage crisis and the Big Three bailout.
I’m hoping that it doesn’t come to this, but in a world that’s seeing its first big nursing layoffs, I’m glad I work in what my friend, Dale Barnes, (Check back for an upcoming interview with Dale) calls a recession-proof profession, legal nurse consulting. One thing’s for sure – the stock market may run short of money, but America will never run short of attorneys!
If the government is going to let the auto industry suffer and die, it won’t help entrepreneurs either. Don’t wait for the government to bail you out. Only you can bail yourself out.
Success Is Inside!