Bootstrapping is not the issue.   I've already got a business.  $20 will 
start you in some businesses, but don't try and become an industrial 
contractor with that.

The issue is the ability to go after larger jobs, and for that you need 
capital and equipment.

 >>Anyway taking money from the government is immoral...

Seriously?   If that is the case then most of the nation is immoral.    
If you accept a tax credit, then you are accepting money from the gov.

 >>that demand is now in Asia. If I was still young I would move to 
where the capital is.

No doubt but much of that demand is now not in the US and that is a real issue 
for those of us still trying to do business here.
Asia is a mixed bag.   Ever do work in China?  I haven't but I have friends who 
have spent months there and only go there because their jobs require it to do 
installations.

The working conditions are oftentimes very bad.  One guy I know got very sick 
while there and had to be hospitalized there and when he got back.  Bad food 
and water.

But things might be changing.  I heard the other day that GE is bringing back 
all of their appliance manufacturing to the US from abroad.

It turns out that the cost of shipping and the problems with quality control in 
3rd world countries makes manufacturing there must less attractive than they 
thought.

I've heard the same from a couple of my customers who shut down their US 
production and were buying containers worth of parts from China.  The items 
were dirt cheap but the quality was unpredictable.

Sometimes 50% of the parts would be rejects yet their chinese suppliers would 
refuse to compensate them for the bad parts arguing that they should have been 
"good enough".

Dave





On 12/11/2010 4:25 PM, Karl Schmidt wrote:
> On 12/11/2010 07:00 AM, Gary Corlew wrote:
>    
>> No, but there is a program from the government where you can get a very low
>> interest loan and not start paying back for five years. This is  what I have
>> been told by a friend, The company I work for is trying to get in on it
>>      
> Why not figure a way to bootstrap your business - I started out with $20 of 
> capital in 1979.
>
> If you think you need 'other peoples money' to get it off the ground, your 
> chance of success is
> quite low.  Anyway taking money from the government is immoral... you are 
> taking the money of people
> that work at McDonald’s by force.
>
> If you can solve peoples problems, the money is always there.  If, on the 
> other hand, you have an
> idea, spend great sums trying to sell it - you won't go far. Listen closely- 
> your customers will
> tell you about their problems.
>
> There is a demand for people that can get machines to produce wealth - 
> unfortunately, by restricting
> the free trade of labor, that demand is now in Asia. If I was still young I 
> would move to where the
> capital is.
>
> --------------------------------------------------------------------------------
> Karl Schmidt                                  EMail k...@xtronics.com
> Transtronics, Inc.                              WEB http://xtronics.com
> 3209 West 9th Street                             Ph (785) 841-3089
> Lawrence, KS 66049                              FAX (785) 841-0434
>
> "Even if you are on the right track,
> you'll get run over if you just sit there" - Will Rogers
>
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