Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: Frydaze1 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 445610  
Subject: Re: Economy question: Customers or Business Date: 10/10/2012 7:16 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 24
I was discussing this with two of my Libertarian/Conservative Fools/friends. We were talking about employment rates. One of them had said that without entrepeneurs and investors willing to take risks, there won't be any businesses for people to be employed at. I said that no matter how many entrepreneurs and investors you have, businesses exist and grow because of customers buying your products and that creates the need for employees. I got the written equivalent of a puzzled and uncomprehending look.

I can start a business without much capital. I could start making sandwiches to sell to my coworkers. I could take in laundry. I could paint portraits. Do wedding photography. Give people rides in my car. I can think of hundreds of things I could do, and call it a business. But it won't be a successful business if no one buys what I'm selling.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.