Business

Common ‘Wisdom’ that Just Ain’t So

Much of what we read, think, and repeat is not accurate, at all…

Published

2 years ago

May 13, 2022

Jeff Davidson

Much of what we read, think, and repeat is not exactly so. For example have you encountered the phrase, “Those who give up liberty for security deserve neither”? Often incorrectly attributed to Benjamin Franklin, the phrase is nonsensical. With no national security, soon enough you’ll have no liberty.

With complete security, you’ll have no liberty as well. A trade-off is always needed. For the record, Benjamin Franklin actually said, “Those who would give up essential liberty, to pursue a little temporary safety, deserve neither liberty nor safety.” That makes more sense.

‘A penny saved is a penny earned’? Once again, Ben Franklin is in the mix. A penny saved is not a penny earned. A penny earned is a penny earned and even then it might not be a full penny depending on taxes, inflation, and other hidden costs and expenses. If you save your money in a long-term CD, you can’t have access to it months. If funds are tied up when you need them that is not a pretty penny.

Not Actually

Consider the phrase, “Experience is the best teacher.” Perhaps, this is so, but not as a given. Generally, an excellent teacher is the best teacher. Experience might teach us the wrong lessons or send us down another blind alley. If we don’t fully comprehend the meaning of our experiences,we’re as likely to make bad decisions in the future and have unfortunate experiences as a result.

Closely related is, ‘practice makes perfect.’ Practice does not make perfect. If your practices are off the mark, then you will continue to be imperfect and you might be reinforcing a bad habit. As they say in Tae Kwon Do, “Practice makes permanent.”

On my daughter’s softball team, a young girl named Whitney was regarded as the star pitcher. Yet during the pregame warm-ups, time after time, she could barely throw a strike. With luck, she averaged 20% strikes out of all her pitches thrown. Sure enough, when the game started, she was no better. Why would anybody expect the outcome to be different?

The best chance for you to excel is to have perfect practices. An array of imperfect practices leads failure.

Lemons and Life

‘When life gives you lemons, make lemonade.’ This sounds like good advice, but to actually make and sell lemonade, you’d also need to have clean water, a good lemon press, some type of sweetener, a paring knife, a pitcher, an implement for stirring, and cups. Such bromides leave out 90% of what else you’d need.

Periodically, I encounter authors and speakers who write or say ‘to live life more fully’ by pretending that “you have six months to live.” If you had six months to live you’d engage in behaviors different than now.

You might sell your house. You might go on world travel, or at least travel more than you’ve been doing. You might dissipate your assets. You might spend your money down to nothing, or give it all away. Then, when you undoubtedly live beyond six months, you’re likely to be penniless!

Thank You For Sharing (!)

‘Think outside the box.’ What does the “box” even mean? The phrase has been so overused that it is now rendered meaningless. Would it be better simply to say “expand your thinking,” or “brainstorm,” or “reach beyond the norm”?

‘There is no ‘I’ in team.’ Michael Jordan once remarked that while there is no “I” in team, there certainly is a “me.” Acronyms and creative word use might have their place in a corporate pep rally, otherwise let them be.

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Dinesh D’Souza Launching Conservative Business Network to Defund the Left

Why give your money to people who hate you? That’s like tipping your executioner.

Published

2 weeks ago

November 13, 2023

News Staff

Are you a conservative business person? Then check out the Red Referral Network and partner with Dinesh D’Souza by clicking the banner below:

For years, conservative icon Dinesh D’Souza has told his followers that we need to create “parallel economies” and stop funding the left. It’s true, right? Why give your money to people who hate you? That’s like tipping your executioner.

It is easy to boycott large companies like Nike, Target and Anhauser-Busch, but what about all of the small businesses and companies who take the profits you give them and fund leftist politicians? Think about it, you spend $30,000 on a new roof and your liberal roofer donates $3000 to leftists politicians and they stand in the public square and call you a racist, homophobic, sexist, transphobic insurrectionist! That make NO sense at all.

That’s about to end once and for all. It is time to cut off ALL leftwing businesses from our money. Introducing the Red Referral Network (RRN).

Dinesh has partnered with Motivational Speaker’s Hall of Fame Member Chris Widener to launch an exclusive business network for conservatives in business. There are three primary reasons to join the RRN:

1. Refer business and be referred business by fellow local conservatives. Don’t refer to lefties anymore – refer to those who share your values and beliefs.

2. Get weekly support and encouragement from other conservatives.

3. Get exclusive content each and every week from Dinesh D’Sousa made just for RRN members.

Registration is free and you can find out more about the Red Referral Network by clicking here.

Top Ten Reasons to Join a Networking Group:

Are you a conservative business person? Then check out the Red Referral Network and partner with Dinesh D’Souza by clicking the banner below:

Participating in a business referral network can offer numerous benefits for business professionals. Here are ten reasons why joining such a network can be advantageous:

Lead Generation: Business referral networks provide a structured environment for exchanging leads and referrals. Members can refer potential clients and customers to one another, fostering new business opportunities.

Increased Visibility: Being part of a referral network enhances your visibility within the local business community. As you actively engage and contribute, your business becomes more recognizable, leading to increased brand awareness.

Building Relationships: Networking is all about building relationships. Joining a referral network allows you to connect with like-minded professionals, fostering relationships that can lead to long-term business partnerships and collaborations.

Trust and Credibility: Referrals from trusted sources carry a higher level of credibility. Being a part of a referral network implies a level of trust among members, making the referrals more reliable and effective.

Diverse Skill Sets: Business referral networks often comprise professionals from various industries and backgrounds. This diversity can be advantageous, as it provides access to a wide range of skills, expertise, and perspectives that can benefit your business.

Professional Development: Engaging with other professionals in a referral network provides opportunities for continuous learning and professional development. You can gain insights into industry trends, best practices, and new technologies.

Resource Sharing: Members of a referral network can share resources, such as tools, software, or even office space. This can lead to cost savings and operational efficiencies for all involved.

Positive Influence: Surrounding yourself with motivated and successful individuals can have a positive impact on your own mindset and business strategies. A referral network can serve as a source of inspiration and motivation.

Feedback and Advice: Business referral networks offer a supportive environment where members can seek feedback and advice from experienced professionals. This can be invaluable for overcoming challenges and making informed business decisions.

Community Involvement: Many referral networks are actively involved in community events and charitable activities. Joining such a network allows you to contribute to the community while also enhancing your business’s social responsibility image.

Remember, the success of a business referral network depends on active participation and genuine efforts to contribute to the network. Building relationships and providing value to others are key principles for maximizing the benefits of such networks.

Are you a conservative business person? Then check out the Red Referral Network and partner with Dinesh D’Souza by clicking the banner below:

Business

Why Conservative Capitalists Excel in Business

Published

2 months ago

October 13, 2023

Chris Widener

The world of business is a dynamic and complex arena where success depends on a combination of factors, including strategy, innovation, hard work, and adaptability. While various ideologies shape the landscape of entrepreneurship, conservative capitalists often stand out as exceptionally proficient in the business world. This article explores why conservative capitalists are often more successful in business and highlights the key principles and practices that contribute to their achievements.

I. Strong Embrace of Free Market Principles

Adam Smith’s “invisible hand” concept: Conservative capitalists firmly believe in the power of a free-market economy, as espoused by the renowned economist Adam Smith. They understand that when individuals are allowed to pursue their self-interest, the overall economy benefits. This principle guides their business decisions, allowing them to capitalize on market forces and competition.

Efficient resource allocation: Conservative capitalists prioritize efficiency in resource allocation, seeking to maximize their assets and investments. This approach enables them to minimize waste, reduce costs, and enhance their competitiveness.

II. Emphasis on Personal Responsibility

Accountability: One of the hallmarks of conservative capitalists is their unwavering commitment to personal responsibility. They believe that individuals, not the government, are responsible for their own success and failures. This mindset encourages prudent decision-making and risk management in business endeavors.

Risk-taking with caution: Conservative capitalists are not averse to taking risks, but they do so cautiously. They thoroughly analyze potential opportunities and pitfalls, ensuring that each risk is calculated and based on sound judgment. This approach minimizes reckless decisions and increases the likelihood of positive outcomes.

III. Limited Government Intervention

Minimal regulatory burden: Conservative capitalists favor minimal government intervention in business affairs. They argue that excessive regulations can stifle innovation and economic growth. By advocating for less government involvement, they create an environment where businesses can thrive and prosper.

Lower taxes: Reduced taxation is a key principle for conservative capitalists. Lower taxes leave more capital in the hands of businesses, enabling them to invest in growth, create jobs, and contribute to economic prosperity.

IV. A Long-term Perspective

Sustainability and stability: Conservative capitalists take a long-term view of their businesses. They prioritize sustainability and stability over short-term gains. This approach allows them to weather economic downturns and build enduring enterprises.

Legacy building: Many conservative capitalists view their businesses as a legacy to be passed down to future generations. This motivates them to make prudent decisions that ensure the longevity and success of their enterprises.

V. Embrace of Traditional Values

Ethical leadership: Conservative capitalists often adhere to strong ethical values in their business practices. This commitment to ethical leadership fosters trust among customers, employees, and partners, which is essential for long-term success.

Respect for traditional institutions: Traditional values, such as family, community, and faith, are highly regarded by conservative capitalists. These values often drive their business decisions, emphasizing the importance of personal relationships and community involvement.

VI. Adaptability and Innovation

Embracing change selectively: While conservative capitalists maintain traditional values, they are not resistant to change. They recognize the importance of adapting to evolving market conditions and technological advancements while staying true to their core principles.

Pragmatic innovation: Innovation is a cornerstone of business success, and conservative capitalists understand this. They invest in research and development and embrace technological advancements when they align with their business goals.

VII. Focus on Frugality

Efficient spending: Conservative capitalists are known for their frugality and conservative financial management. They scrutinize expenses, avoid unnecessary overhead, and prioritize cost-cutting measures, which ultimately leads to higher profitability.

Debt aversion: They tend to be cautious about accumulating debt, preferring to build their businesses on a solid financial foundation. This strategy reduces financial risk and ensures the sustainability of their enterprises.

Conclusion

Conservative capitalists have a strong track record of excelling in the business world due to their adherence to key principles and practices that promote success. Their commitment to free market principles, personal responsibility, limited government intervention, long-term planning, and ethical values sets them apart as formidable entrepreneurs. While every ideology has its merits and drawbacks, the conservative capitalist approach to business has consistently proven effective in achieving profitability, stability, and sustainability.