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John Speer

Fri, November 20, 2009 @ 9:40AM
Editor
641-484-2841

Editor's View

50 new industries in 50 states hire 50 workers


How about this? Private financiers - not necessarily the banks - form coalitions, state by state. They set their own criteria for a new start-up, let's say 50 employees. THEY DO NOT CONSULT NOR INVOLVE GOVERNMENT.

They openly solicit ideas for new, innovative industry start-ups - something that fits: make a positive medical product from tobacco leaves in North Carolina, use sand to create an energy-saving product in Arizona.

The coalition studies the ideas submitted AND DOES NOT CONSULT NOR INVOLVE GOVERNMENT.

The best idea which meets the guidelines is financed.

Could it be highly likely the valuable ideas will start flowing and MORE THAN ONE 50 employee start-up will emerge?

There may be too much Pollyanna here, but think of a new industry - a new business which doesn't have to jump through myriads of GOVERNMENT involvement to open the doors.

J. Speer

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