No, not the destructive wave of dark water that destroys everything in its path, but the wave of start-ups that will spring up all over the country bringing jobs and creating wealth.
With the change in political direction brought on by the mid-term elections, expect to see a change in attitude and expectations from business owners and potential entrepreneurs alike. As I coach with business owners and speak with entrepreneurs, the thing I’ve been hearing over and over is their fear of the unknown and how they are waiting on the sideline for a more certain future before investing their cash. In fact, I’ve heard more than a few times an even more dire fear from business owners about the direction of the economy and our tax structure based on the actions of our current congress.
The new Congress will not be seated until January, but the change in direction coming will give some certainty to business owners who have had none lately. Business profits have been generally good but we haven’t seen the investment in new plant and equipment or expansion that typically follows because of that uncertainty.
While I’m a strong conservative, this site is not about politics. It’s about helping entrepreneurs turn their dreams into profitable businesses. The political climate has cleared a little and the future may seem a little brighter for business interests this morning. The key for hopeful entrepreneurs is to continue to do your research and test your idea for viability. Don’t think that just because the political environment has changed that you’ll automatically be successful. It doesn’t work that way. And a bad idea is still a bad idea even in a great economy.
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