Posts Tagged ‘Bankruptcy’

Printers When Your Business Fails — Thank China

Wednesday, March 17th, 2010
I thought it was time to move off the China subject and go to something else, but there have been a rash of comments on this site and on my printing groups on LinkedIn that I’m going to post another China related blog in an attempt to address those other concerns.

Are American families, homes, and jobs worth defending?

Sometimes I can’t believe my ears. What has happened to America? Americans used to fight for their rights, but now our fight begins by laying down our guns. Our motto seems to be “why try; it won’t do any good anyway.”

Chinese printers market their low ball prices in the United States aided by two main things:

  • Their costs are one-tenth of ours. How did I arrive at that figure? It was easy; I know how much minimum wage is in the US. Remember this wage is mandated by the government. Employers have to pay it. They also have to pay matching Social Security, so the real figure is much higher. I also read an article in Reuters that discussed how much the average factory worker earns in China. Without matching Social Security, they earn 1/10th.  Suppose you are a Chinese printer marketing to the US, how difficult would it be to come in at half the price when your labor costs are less than 1/10th? Who is making the real money here? The Chinese workers? Ha!
  • China plays hardball when it comes to International Trade. They are members of the WTO, but you don’t have to look far to see filing, after filing, after filings of Chinese trade violations for anti-dumping and anti-subsidies. Some states have a three times you are out law to penalize career criminals. If we held China up to this same standard they would right now be serving several consecutive lifetime sentences. They can import some products to the US for 2-5% duties. We, on the other hand, have to pay some 24% to sell there. It is wrong, it isn’t fair, and it is killing the US economy.

Since our government won’t help, and the business elite are benefiting from cozy relationships with foreign countries, there is only one thing left to “we the people,” and that is our collective buying power. If enough of us refuse to buy Chinese, Pakistani, Indian, Mexican, or any other products made from cheap labor we can turn the tide.

Some say that it is unfair to blame these countries because it is the American consumer who really controls the prices. Of course I want low prices, but not at the expense of putting myself or my neighbors out of work. I don’t know about everyone else, but if presented with two identical items and one is made in the US and the other in China I would rather buy American, even if it was a little more. I would not choose Chinese industry over American.

What about the automobile business, didn’t the Japanese do the same thing? No — they didn’t. They didn’t compete solely on price, although they used price at first to get our attention. What they did is build a better vehicle than the crap being pumped out by Detroit. I hate it that we lost this giant industry to foreign competition, but we deserved to lose it. Not because of the workers but because of the fat cats at the top who left the office every day counting their lavish bonuses while steadily guiding their companies into bankruptcy. Bonuses for bad leadership — whoever thought that was a good idea?

We are experiencing a 10% unemployment rate in the United States right now, primarily because of a few bankers who used vast lobbying power to influence congress. Our government systematically deregulated the banking and financial institutions until we got chaos. Those who believe in free markets, take note, without some control everything goes to hell, quickly.

There is an axis of evil to coin a phrase from George W. Bush. Americans are being crushed economically by Wall Street Bankers, the US Congress, the Insurance industry, and unfair foreign competition. Until these four entities are brought to task it is going to do nothing but get worse. Do you hate 10% unemployment, reduced wages, and increased working hours? That is just a start. Over the next few decades we will see 25% unemployment, salaries cut to the bone, and typical working days of 16 hours. Once Wall Street has us where they want us, poor, starving, and desperate we will be competitive with China, because we will be reduced to their level. Welcome to the new America, the one world government, the one fashioned by the true axis of evil.


 

Why is a Book the BEST Calling Card?

Tuesday, September 1st, 2009

Many years ago, in the distant past, even before Willie Nelson had a pony tail, I was working for an advertising agency and had a client who wanted to publish a book. His book was called It’s Your Money, Earn or Burn. Actually, I wrote the title, but that is beside the point. The information in the book is way out of date now, but at the time was cutting edge.

He, my client, and a partner had a business finding and promoting tax sheltered investments. Since then congress has closed most shelters and left many tax payers high and dry. The rules surrounding  acceptable tax shelters from those disallowed were somewhat discombobulated and difficult to decipher. Imagine that–tax regulations being difficult to understand–who wodda thought?

Willie Nelson

Willie Nelson

For example there was the famous case of country singer Willie Nelson who followed the advice of Price Waterhouse, one of the top 10 accounting firms in the country. The government disallowed his sheltered investments and the unpaid taxes and fines forced Willie Nelson into bankruptcy.

Get this, the government wouldn’t tell you in advance if a shelter would be allowed or not. You had to assume it would be, then wait for their audit, which could take years. If you guessed wrong–WHAM you paid dearly.

My client’s idea was to write a book simplifying tax shelters for people and leading them away from uncertain ones into those proven. It was an excellent idea, but marketing and distribution became a problem. The Internet didn’t exist in those days so it was difficult to connect with the very small percentage of Americans who were potential targets for his message, but that didn’t really matter.

Why, you might ask.

The very day books were delivered; he extracted a copy, proudly marched down the hall to the offices of another firm, and gave the book to the owner. The owner looked at the cover, turned it over and saw my client’s photo and bio on the back. Volia, instant credibility.

As a direct result of using his book as a calling card, my client secured a contract that paid him more than all of the costs of producing the book. All actual book sales were gravy.

Ask yourself if instant credibility would benefit you. Are there doors currently closed that might open if you used a book to jimmy the lock (metaphorically speaking, that is)? How do you crash through the glass ceiling? Try throwing your book at it. A book can give you more status than any other factor. These people would definitely improve their chances for advancement, better name recognition, and higher earnings if they had a book:

  • Public Speakers
  • Corporate Trainers
  • Presenters
  • Sales Representatives
  • Teachers
  • Executives

Note: Remember that writing a book is only the first step. At that point you aren’t even half-way done. To decide how you will market your book check into The Author Platform. It’s a comprehensive program to teach you how to use the Internet effectively.

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He's available to help you with any of your printing, or publishing needs. Please contact him if you need a book, marketing materials, or anything else printed. His thirty-five years of experience, and thousands of happy customers is your guarantee of satisfaction.

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