Charlie Kirk's last interview

On Saturday I watched the final interview of Charlie Kirk which I think was the assassination day at a conference for entrepreneurs. I guess I shouldn't be surprised since he started his non-profit while a teen-ager, but he also has started businesses and mentored others. I didn't know any of this although I'd heard him on a number of different conservative podcasts and seen some of his videos. This was a business audience, so there was nothing particularly evangelistic about it, however, even if I'd known nothing about him or his fame, I would have known from watching this or attending that conference there was something different about him and how he treated people. Watch: Charlie Kirk's last interview right before the fatal event was all about entrepreneurship, Gen-Z, and Elon Musk - US News | The Financial Express

Friday's All-In podcast also was devoted to him--it's a group of 4 venture capitalists--also featured his life and story. Remarkable man, Charlie Kirk. Jason Calacanis, the so-called liberal of All-In, was shocked and respectful, but I doubt he understood the enormity of what our nation has lost. The other three do. Charlie Kirk Murder, Assassination Culture in America, Jimmy Kimmel Suspended, Ellison Media Empire

Two of my favorite podcasts

Two of my go-to podcasts are Megyn Kelly and All-In. Megyn can be a bit of a potty mouth--and that's definitely a negative and I'm not sure why she does it; it doesn't add anything. All-in is all men, and although that can be confusing (I don't watch, only listen) it's 1000x better than trying to listen to a group of women discuss something!

 
All-in is Chamath Palihapitiya, David Friedberg, Jason Calacanis, and David Sacks (created PayPal). Sacks has recently joined Trump as an "unelected" adviser, but I'm not sure what he does, and now there is a guest filling in for him. These guys are venture capitalists, business men, scientists, etc., and talk way over my head, but that's why I listen. They were really divided on Trump, but now at least on policy, are "all-in."

 
Kelly, too, was originally not a fan of Trump or MAGA , and in the first primary back in 2016, she made no bones about it. This time around she's definitely a fan, although it came gradually. Because she is no longer "owned" by a network she can say anything she pleases--and does. She's also a lawyer, a former network host, and a mom of 3, so she has plenty of opinions and expertise to share.

The most recent All-in podcast (weekly, Feb. 14) was Naval Ravikant an Indian-born American entrepreneur and investor. He is the co-founder, chairman and former Chief Executive Officer (CEO) of AngelList. He has invested early-stage in Uber, FourSquare, Twitter, Postmates, SnapLogic, and Yammer.

 
The most recent Kelly podcast (daily) was her interviewing the guys from All-In about Trump, Musk, their appeal to independents and moderates, media, technology and family issues, parenting, and celebrities. I'm always surprised how much the All-in guys talk about family issues.

It was fun to hear my favorites together although they have a somewhat rocky road in their past.

The entrepreneur

Met a young entrepreneur today in Lakeside. He's opened a shop of "vintage" sports wear. Used t-shirts, jeans and athletic logo clothes from the 80s and 90s. Although I have clothes older than he, it was great to see the ambition. He "sources" his own stuff by going to yard sales and resale shops. If Jeff Bezos goes into space, this guy has his feet planted firmly on the ground.

Black man wants to help people in the “hood.”

What happened to a Columbus couple who came out for Trump. The left tried to destroy their business (and succeeded). Imagine what would have happened if someone from the right had tried to destroy a black family business.  CNN would have been hectoring us for weeks.

https://youtu.be/N1IH6e4p3wk

https://www.thegoodfrank.com/redwave

Electric Mirror company is Christian and Pro-life

https://www.electricmirror.com/

I was watching a program on how a family owned business (7 years in the garage) can thrive and succeed with Christian values. I've never seen this product, although I haven't been looking. Made in America, Christian, pro-life. I found 2 locations that sell this in Columbus. Wish I needed a mirror! The Mischels filed an Amicus Brief in support of Hobby Lobby. They adopted their son Aaron whose 14 year old mother had been raped (her own mother attempted to get an abortion for her). Aaron is part of the business. No one could call him an unwanted child.

https://www.americanbar.org/content/dam/aba/publications/supreme_court_preview/briefs-v3/13-354-13-356_amcu_em-etal.authcheckdam.pdf

https://www.electricmirror.com/american-story-sharing-american-dream/

“Over the years, President Jim Mischel, Executive Vice President Aaron Mischel and the Mischel family have chosen a variety of not-for-profit organizations to be recipients of financial support from Electric Mirror. These vital groups focus on health and wellness for people with serious diseases; provide food and shelter to orphans and widows; rescue victims of sex trafficking; foster stability and prosperity for the poor and homeless; and help those hit hardest by natural disasters.”

What President Trump has done for women

I'm not a fan of ruling by Executive Order, but it can indicate a direction if not illegal, just as the orders can be undone by the next president of a different political bent—as in DACA and the Paris “Accord.” Just how evil is the Trump record that women who were interviewed on the Jan. 20 march spoke of (when coherent)? They were having these marches all over the country, even in little Rockford. The were billed as addressing women’s issues (like MeToo), but in fact they were hate trump events.

"Over his first 100 days in 2017, Trump signed two executive orders that support women in business: the Promoting Women in Entrepreneurship Act, which encourages entrepreneurial programs that recruit and support women, and the Inspiring the Next Space Pioneers and Innovators and Explorers Act, which directs NASA to encourage women and girls to study science, technology, engineering and mathematics and to pursue careers in aerospace." (reported in Forbes, April 27, 2017)

This in addition to using his influence in a World Bank plan to encourage women in business. And all those raises, bonuses, promotions, stock sharing in the private sector due to the tax cut. They went to women, as well as fattening their pension plans.  A small pension is a problem for women who often do not have the longevity in the employment, and no one can live a normal retirement on Social Security alone, as the sugar daddy federal government pretends.

Women have traditionally voted Democratic, especially single women, because they want something like spousal assistance and safety net, without the cooking, cleaning and snoring. They are willing to go along with the abuses to their liberty in order to have the "security."

Women are still not ready for prime time

The U.S. needs innovators. Our outdated federal IT system is just one of the problems. Some agencies are still using floppy disks, and they are spending billions patching and repairing.  Putting social manipulation ahead of innovation is a big problem. Although women now outnumber men in PhDs they are over represented in the social sciences, and are not innovators in the sciences. (They do write about it if you've ever looked at the research.) The exception is foreign born Chinese women living in the U.S. or who have become citizens. So do you manipulate hiring/appointing to include less qualified? Why are women avoiding the harder subjects? We've had special workshops and classes for young females for 40 years! I know because I helped teach them in the 1980s.

The demographics of innovation, Feb. 2016

"Rather than using entrepreneurship, advanced degrees, or patents filed as metrics to approximate the creation of successful, commercial inventions, we identify meaningful and marketable innovations and then study the people behind them."

Women in technology

It's biology. I'd noticed that there hadn't been much of an increase in female faces and names in article I see about technology--especially the business end of it. I suspected it had something to do with babies--and this writer thinks so too.

Having children instead of startups

And this is why women don’t have startups: children. It’s not a complicated answer. It’s a sort of throw-back-to-the-50’s answer. You could argue the merits of this, but you could not argue the merits of this with any woman who has kids and has a startup.

There’s a reason that women start more businesses than men, but women only get 3% of the funding that men do. The reason is that women want a lifestyle business. Women want to control their time, control their work, to be flexible for their kids. This seems reasonable: Women start more lifestyle businesses and men start more venture-funded businesses. This does not, on face value, seem inherently problematic.

But wait, let’s ask why so many men with kids are doing startups? Why aren’t they with their kids? A startup is like six full-time jobs. Where does that leave the kids? We use social service funding to tell impoverished families that it’s important for dads to spend time with their kids. But what about startup founders? Is it okay for them to leave their kids in favor of 100-hour weeks? For many founders, their startup is their child.

Older Americans Fuel Entrepreneurial Boom, Says New Study

According to the nonprofit Ewing Marion Kauffman Foundation, individuals between the ages of 54 and 64 represented 22.9% of the entrepreneurs who launched businesses in 2010 – up from 14.5% in 1996. Since 2007, the foundation says, this age group has created new businesses at a higher rate than any other.

Baby Boomers Fuel Entrepreneurial Boom, Says New Study From the Ewing Marion Kauffman Foundation - Encore - SmartMoney

Do what I say, not what I do--Democrats

According to a 2008 article at American Thinker by Randall Hoven, lawyers and law firms are heavy donors to the Democratic party, with 76% of all donations to Democrats, the same percentage as Hollywood. (BTW, this is a paltry number compared to Democrats in the library profession.)

American Thinker Blog: Lawyers and the Democrats

So why, if they are so liberal and progressive, are law firms doing such a poor job of recruiting African Americans into their profession, even with affirmative action?

According to a completely unrelated article by James Lindgren in the Journal of Contemporary Legal issues, Vol. 17, 2008, "In 1960, 2.0% of male lawyers and judges ages 36-45 were African Americans. After several decades of affirmative action, in 2000 the proportion in the same age group has grown only modestly to 2.8% of male lawyers. Since the 1980 Census (when most African-American lawyers ages 31-65 would have graduated from law school before the era of affirmative action in law school admissions), the changes for African-American men have been even less impressive in employment by private firms and companies: from 1.8% of males in 1980 to 2.1% in 2000."

The Private and Public Employment of African-American Lawyers, 1960-2000 by James Lindgren :: SSRN

And in yet another unrelated statistic from the census, the anecdotal evidence that blacks are losing out in self-employment apparently isn't true either. Without affirmative action, they haven't done that much worse than the lawyers. Self-employed blacks have gone from 3.6% to 4.1% since 1960, compared to 11.1% to 11.4% for whites. It is down for both groups over the last 100 years.

Observation on State of the Union

By Ann Coulter.

"Obama said, "We are the nation that put cars in driveways and computers in offices; the nation of Edison and the Wright brothers; of Google and Facebook."

And then the government outlawed Edison's great invention, made the Wright brothers' air travel insufferable, filed anti-trust charges against Microsoft and made cars too expensive to drive by prohibiting oil exploration, and right now -- at this very minute -- is desperately trying to regulate the Internet."

Freedom and liberty and myths

Most of my years were lived out in the 20th century. I grew up in a household with a liberal mother (liberal in the classical sense of the word, not the pejorative it has become), and a conservative father who owned a small business (first he worked for Standard Oil to learn the business, then became a partner with an older man in coal which was losing out to fuel oil to have the financial backing he needed, then bought out his partner and became a sole owner). Both of my parents attended Mt. Morris College (merged with Manchester in 1932), as did my mother's parents, my father using a Polo, IL charity and his athletic skills, my mother using her parents' dwindling resources. The town Mt. Morris in which my parents lived, went to college, and supported my father's little business had a thriving printing industry at one time begun by two young brothers in the early 20th century, the Kables. It then was unionized (don't know the dates), then was bought by a larger corporation, then was struck down by a union strike in the late 1970s, from which it has never recovered. The smaller publishing and fulfillment companies which grew up around the printing industry, eventually left too, as the town voters turned down bond issues and highly qualified and educated people left for greener, freer pastures, all of which will live out that same cycle. 1) Entrepreneurial start up based on a good idea at the right time, 2) thriving growth, 3) unionism, 4) increased government regulations, 5) stagnation and strikes, 6) outsourcing to less regulated area to avoid the unions, either in the U.S. or abroad, and finally, get-out-of-town-shut-it-down.

I never heard my parents argue about politics--he voted Republican, she voted Democrat, so for 65 years they crossed out each others votes. The fact that I didn't hear it, doesn't mean it didn't happen. After all, I left home when I was 17 (went to California after graduation to work in a church program, and then in the fall went away to college). From then on I was a visitor and we talked about other things--town issues, grandchildren, grandparents, health, etc. I followed Mother's path and voted pretty much a straight Democratic ticket until the 2000 presidential election, although for local and state elections I voted for what ever name recognition the candidate had.

During my parents' lifetime and my own, however, there were vast changes in our political, economic and religious life. They lived through two world wars, the Great Depression, Korea, Vietnam and various smaller conflicts. We had just celebrated our 40th anniversary in my father's home on Sunday when 9/11 happened on Tuesday. And during their lifetime and mine, the definitions of freedom and liberty were gradually changing. It used to mean, and this was before my time, freedom from the coercion of the state, but has evolved to mean freedom from need, from want, from lack, and especially from competition to be better or the best.

My chosen career, library science, is pretty much a profession owned and controlled by the state. Yes, there are a few private companies that employ librarians, but for the most part it is top to bottom state run and regulated. Librarians like to talk about "freedom to read" and that public libraries are "the university of the people" but that's another freedom myth, one that has been subject to the redefinition of that word. Librarians, whether public or academic, vote overwhelmingly Democratic--223 to 1--in the 2004 election. That fact alone makes the profession more liberal than Hollywood, more liberal than the ACLU. This is the result of a mindset of "we know what's best for you" and it's in all levels of government from your local zoning board, to the school board, to the state department of transportation all the way up to the Oval Office. This is why I say book banning begins in the back room of the library where "acquisition" takes place, not at the point where an irate parents comes in and complains about a sex scene in a child's book. It also explains why librarians did not invent the world wide web, Google, or any of the "tools" that are now putting them in unemployment lines. Even with all that information at their finger tips, all library innovation is dependent on government grants and regulations, not competition for ideas or investors or entrepreneurship.

The redefinition of freedom is taught throughout the public school curricula and the Sunday Schools and pulpits of mainline Protestantism. As poor as Haiti is, the private school where my husband volunteers has a classical, liberal (in the true sense) curriculum that would put ours to shame. It exists even in the "required" volunteerism component now included in most schools' college-bound tracks. In many churches, the message from the pulpit is not about freedom in Christ, but that redefined freedom that the government offers us, freedom from the need to work or be sexually chaste, freedom from saving enough for a 20% down payment on a mortgage, freedom from hunger or poor housing, freedom from having to wait for a new car until you can afford it, freedom from renting, freedom from having borders or fences that keep other people out, etc.

Planned economies promise such freedoms, usually by taking from someone who has and giving it to someone who has not. That's what President Obama offers us (following a long line of 20th century presidents), offered us this past week in his martial "words of war" against not just British Petroleum, but our whole way of life based on fossil fuels. Make no mistake, planned economies, including the newer "green" cap and trade plans, the top down, dictator/czar/president knows best, always end badly. The leftists among us advising the President are urging Obama to become a dictator, a communist--even using those words (they don't even hide it with squishy "progressive" language).

With all their faults and up and down business cycles, capitalism and corporate monopolies have never put in place plans that resulted in the deaths and imprisonment of millions and millions of their "customers" in the way that the planned economies of Germany, the Soviet Union, Communist China, and North Korea have murdered upwards to 100,000,000 of their own citizens.

It's a really high price to pay for "freedom," don't you think?

Getting by with too much help from their friends

When the whole IT and computer thing really kicked in with 20-somethings making money in start ups I thought young women were well positioned to go right to the top. They'd had special math and science boosts since the beginning of the 70s, workshops, summer camps, special tutoring, all manner of "leadership training" from supervisors and teachers and professors. The government went after them with Title 9 (1972). But thud. What a dud. It hasn't happened according to this article. Back in the 90s when I was still reading Wired regularly (dropped my subscription went it became mostly about hi-tech bikes and apps on phony baloney stuff) I'd look over the photos of the geekdom, or the lists of names, and really didn't see many women even though they could work from anywhere and any hours they wanted and you didn't need to worry about the good-old boys network and playing golf or tennis. Nope. Didn't happen. So now--more of the same.

"Women comprise a mere 30 percent of the information technology workforce, hold fewer than 7 percent of all IT patents and underperform in just about every measure of entrepreneurial activity in the science, technology, engineering and mathematics (STEM) disciplines."

If being "risk averse" is a problem, maybe part of success is struggle--figuring out what to do on your own when it's your passion? Maybe the women who would have gone to the top have been stuck in two-fer jobs to make the masthead look good to suit all the laws and regulations? You know, vice-president for IT, just like blacks got shoehorned into vice-president for human resources.

Getting by with a little help from their friends : Ohio State onCampus

Don't look at me. I never liked math and science, and no amount of luring me into summer camp would have changed that. I sat in high school algebra II for two weeks and transferred. I'm just telling you what I observed in the last 40 years (women's movement aka modern feminism). I loved my career, lowest of the low paid (library science). And my advice to women starting out is: "You can have it all, you just can't have it all at the same time."

Sweet memories--white cake and one car

Ah, the memories I cherish of the Tremont Goodie Shop. When the children were small and we had only one car, I'd call my husband about 4:30 and suggest he swing by the Goodie Shop on the way home and pick up the 7" double layer, cream filled white cake with coconut frosting. On Saturdays we'd stand in line with our neighbors, sometimes all the way out the door and into the shopping center, for warm cinnamon bread, or frosted, melt in your mouth, sugar cookies in the shapes for the season. Some items you had to reserve ahead. On really, really special days when I was having a chocolate attack, I'd slip in and buy 2 fat chocolate eclairs, and divide them for the evening dessert for the four of us. On birthdays (3 days apart) even when our children were grown and living in their own homes, it would be a cake from the goodie shop with their names and fall decorations.

Birthdays 1996
So when the Goodie Shop closed this fall due to the recession and rising costs, it was a terrible shock. I hadn't been there in years, but it was like hearing an old friend you'd lost touch with had died.

But a former owner and volunteers from the community have come to the rescue--and the Goodie Shop is back in business!

"Just in time for Halloween, fans of the Tremont Goodie Shop can look forward to the reopening of the longtime Tremont Center establishment.

The shop, which closed just before Labor Day after 54 years in business, is scheduled to reopen on Oct. 26. Debbie Smith, who previously ran the family business for 13 years, acquired much of the shop's equipment during a Sept. 27 auction.

The Goodie Shop opened in 1955 by original owner Bill Wood, who sold the business to James Krenek (Smith's father, who passed away in 2007) in 1967. After her father retired, Smith ran the Goodie Shop from 1993 until 2006, when Smith's sister and brother-in-law, Doraine and Paul Cooper, took over.

The Coopers cited increased supply costs and declining sales due to the economy as the reason that the business closed.

A groundswell of community support has arisen since the Goodie Shop closed. Dozens of loyal customers from all over the country have posted comments on a Facebook page created by Smith's daughters, indicating how much they miss the Goodie Shop and would like for it to reopen.

Prior to the Goodie Shop's official reopening on Oct. 26, Smith plans to hold an open house at 9 a.m. on Oct. 24."

The Hispanic Chamber of Commerce

Will Obama attack them too, or are they protected from his anger and ire because of their Spanish surnames? The web site of the El Paso Chamber (all in English, incidentally). According to today's WSJ wealthy Mexicans are migrating to El Paso in the largest number since the revolution of 1910. Link. Murder has exploded in Juarez, now at 300 a month (Isn't that more than Iraq and Afghanistan?). Even the non-rich need body guards to stay in business, so they are moving to El Paso.

Cindy Ramos-Davidson, chief executive of the El Paso Hispanic Chamber of Commerce, said her staff was swamped with requests from Juárez businesspeople wanting to settle in El Paso. They started more than 200 companies in the 12 months ended July 31, a 40% jump from the same period last year.

A model for the White House?

We've all heard the stories about the White House czars--no vetting, no accountability except to Valerie Jarrett. Obama's never run a business, never met a payroll, knows nothing about the difference between billion and trillion. Today the WSJ had a feature section on outstanding small businesses. Not that the federal government is small, but I think I saw one that was a good model for Valerie--I skipped over the businesses that featured buzz words like "teamwork," great perks, and open communications, and zero'd in on Mike's Carwash of Indianapolis. It's been around for 60 years, and I think their hiring practices are something I could recommend to both Governor Strickland and Ms. Jarrett. Mike's Car Wash has 437 FTE--261 full time employees and 352 part time. Here's how Mike's provides stellar service and stays in business: it hires the right people, then provides heavy training and when they work out THEN they get the perks as incentives.

Only one out of 100 applicants get hired.
Each candidate is interviewed by two people.
Testing of candidates finds those with strong social and reasoning skills.
Candidates are drug tested.
Managers are trained to spot the red flags of substance abuse.

Then once they've found the right people, vetting even the lowly entry level people, they have heavy training, education reimbursement (great PT job for college kids), profit sharing and incentive plans.

USAToday also had a smaller feature on small businesses today. We all know that small business is where the recovery lies--not higher taxes on the people who create wealth and employ other people. Someone show this to the President--or better, to Valerie.

Funny as a crutch, as we used to say

Oba mao



HT Taxmanblog

Deja vu all over again

In 1978 I had a wonderful position in the Agricultural Library at Ohio State University working with agricultural credit and technology files. The position, like many at universities, was paid for by the State Department USAID. Essentially, it was research on what very small amounts of credit from non-profits and governments could do for families and villages in rural, third world countries. Browsing the examples that will be presented at this Fisher College of Business event next week, looks like not much has changed in 30 years. A scarf project in Bolivia and a charity in Appalachia. Well, they probably meet green goals even if they don't lift anyone out of poverty. And that's what is about these days, right? I doubt if the ACT files are still there, but there's no need to reinvent the wheel (although how would academics get promoted if they couldn't rewrite the research done 30-40 years ago?).

Students organize dialogue on battling poverty through entrepreneurship

On Feb. 20, students, the ambassador of Bangladesh, business executives, business scholars, state officials and poverty practitioners will gather at Gerlach Hall for the "Alleviating Poverty Through Entrepreneurship Summit." The day-long summit, inspired by Fisher students, will bring together poverty experts and individuals interested in this topic to create a dialogue and exchange successful strategies, ideas and practices.

“There are many entities addressing poverty utilizing different approaches, as business students we wanted to bring many views together in one forum,” said Benjamin VanBuskirk, one of the student organizers for the event. “We hope this interaction will create discussions about how theory and practice are intersecting while offering participants opportunities to learn from each other.”

The format for the summit will be panel discussions—focused on four areas, research, government, practitioners and business." Link

Fifty Largest cities graduation rate

The chart in today's WSJ shows Detroit at the bottom of the 50 largest cities with a graduation rate of 24.9; San Francisco is near the top with 73.1.

However, about 5 years ago the WSJ published an article, "Curse of the Creative Class" about creativity and entrepreneurship. There was a "Bohemian Index" created by one Richard Florida which showed that cities with a large gay population, many forms of entertainment and high tech companies, i.e., "the no-collar workplace" were very attractive to upwardly mobile knowledge workers and the "culture class." Guess who was at the top of that index? San Francisco, of course. The article continues about where the real growth was:

In 2001, a National Commission on Entrepreneurship study entitled "Mapping America's Entrepreneurial Landscape" ranked U.S. cities on how well they hatch high-growth companies. . .

Among major cities, Detroit--omitted from Mr. Florida's most creative cities--finished second in the commission's report, incubating about 50% more fast-growing companies than the average of all major cities, with a particular strength in nurturing high-growth manufacturing businesses. . .

The city that sits at the pinnacle of Mr. Florida's list, often jokingly referred to as the "People's Republic of San Francisco" because of its socialistic political culture, is the perfect example of what happens to cities that follow this heavy-handed governing philosophy. While San Francisco sports taxes higher than all but a few U.S. cities, and passes laws forcing business to boost wages, San Francisco's jobs economy has expanded at only one-fourth the rate of the national economy over the past 20 years.

Similarly, high-tax New York has been caught in a cycle of boom and bust that has produced no net job growth in 40 years. During the mid-1990s, the city briefly got back to basics when the Giuliani administration focused on fighting crime and cutting some taxes and spending, and--presto!--for the longest period since World War II, the city's economy outpaced the nation's. However, now that the city's political culture has veered sharply to the left again, with a mayor who declares that taxes don't matter to businesses or residents, New York is once again an economic slacker, having lost 200,000 jobs, or nearly 6% of its jobs base, in the current recession.

So isn't that odd. Detroit with a dismal graduation rate seems to be an incubator for manufacturing, and San Francisco with its over regulated vegans and heavy handed government, can't catch a break on growth.

Entrepreneurship

Next to diphtheria and ophthalmology, I think entrepreneurship is one of our most frequently misspelled words--I misspelled it about 5 times drafting this. Now this book will shatter a lot of myths, "The illusions of entrepreneurship," (by Scott Shane, Yale University Press). Reviewed in today's WSJ by Nick Schulz. My take aways (not quotes):

In the U.S. each year more people start a business than get married or have children.

A typical U.S. entrepreneur is a married white male in his 40s who attended but didn't complete college, and he lives in a city like DesMoines or Tampa, not in California or Michigan (where they chase people out with high taxes and regulations).

The richer the country, the lower its rate of business starts.

Entrepreneurs earn less than those who work for established businesses.

Encouragement by the government to go in to business through the use of protectionist subsidies and tax breaks actually encourages people to enter highly competitive fields, making them more likely to fail.