Entrepreneurs and Small Businesses Are the Key.....

Another article highlighting the importance of the entrepreneur and small businesses in leading the US economic stimulus.

http://www.bizjournals.com/tampabay/stories/2009/01/26/daily54.html#

According to Dinah Adkins, president and chief executive officer of the NBIA, "The study stressed the fact that business incubators create more jobs at a lower expense to the federal government. According to the research, the federal government spends $144 to $216 per job to create activity in the incubator sector.

In comparison, roads and transportation projects generally cost more than $1,200 per job, with 4.4 to 7.8 jobs created for every $10,000 invested, the report says."

The question then becomes - "How do we support and enable small business?"

No problem, with firms like the Gibbs Group, www.productbuilders.com, who do all the work for small business owners who have an idea but need assistance getting it to market, small businesses can thrive and generate new jobs faster than ever before.

The Gibbs group basically assists the idea owner to obtain intellectual property protection if necessary, do the engineering work to design and develop the product, then lines up manufacturers and distribution channels so that the business owners receive a turnkey, operational business that they can then pour heart and soul into to make it grow.

With teamwork between companies like the Gibbs Group and small business owners the future of America is in good hands, if the government can just let the process run.

What is the Real Stimulus that Will Turn Around America?

Automaker bailouts, giant Financial firm bailouts, public works expansion, and on and on – what if any of these will have lasting effect in rebuilding the US economy? As large corporations continue to lay off employees by the thousands what will replace the incomes for millions of affected Americans?

US consumers drive the economy but without income they will not return to the marketplace to buy goods and services and the large corporations that depend on them will continue to shrink and eliminate even more people from positions. Is this a viscous circle of depressing activity that will continue to spiral downward – until what?

While the above scenario certainly can appear as doom and gloom for the foreseeable future, I believe there is a bright shining ray of hope in the small businesses of America. They will once again do their part as they have repeatedly done throughout history. These are the entrepreneurs, their kind were the backbone of early American business. They have an unconquerable spirit of determination and courage and are well and alive today.

Those who doubt this would do well to recall that sometime around the 1930’s there were those who called for the US patent office to be closed because all the inventions ever to be invented were already complete. As that notion was false then, so it is today. Those who have been shed from the large institutions have a wealth of knowledge and experience, just needing to be harnessed and applied to new small ventures that will in turn grow and replace the “old” large scale businesses of today. Small businesses are much more nimble and responsive, enabling them to adjust to quickly changing market conditions and so are ideal to compete against the outdated giants.

All that is needed is guidance - as many of these talented displaced people are not accustomed to working in a small business environment they struggle when attempting to function in that environment. Not to worry – there are firms such as the Gibbs Group from Yuba City, CA ( www.productbuilders.com ) that specialize in converting ideas to businesses for the holders of those ideas. The Gibbs Group is a group of consultants that guide inventors and small businesses to turn the idea or concept into a viable, thriving small business, some of which grow to large businesses.Each of these new businesses creates more jobs, replacing those shed from big business.

The Gibbs Group uses sound product development principles, taking a very hands on approach to build the business from the idea stage, through competitive market analysis, prototyping and engineering development, and on through manufacturing readiness and mass production and then into wide scale distribution. Through the work of the valiant and courageous American business pioneers guided by firms such as the Gibbs Group, America will eventually revitalize itself into a healthy business powerhouse that it once was. America will become re-successful.