Discussion

If only they can listen and attempt implementing, I will advice the Nigerian government to:
1)Integrate PRACTICAL entrepreneur and financial education in the school curriculum at the Primary and Secondary school levels.
2) Convert the current compulsory one-year mandatory NYSC scheme for Nigerian graduates into a one-year PRACTICAL entrepreneur skill acquisition program that will engage the graduate youth and stimulate them to come up with great ideas that the government can promote into realization.
3) Restructure all existing agencies, institutions, structures that contribute to entrepreneural development in Nigeria for FULL capacity utilization at all levels accross the Country.
4) Provide the enabling infrastructure that will allow all businesses to thrive excellently in Nigeria.
5) Consistently tell and remind the Nigerian citizens to take personal responsibility for their financial situations and contribute to national economic growth.

The governmenr is slowly teaching people about becoming entreprenuers. Look at the Small Business Association (SBA) for this. The government can't teach people who work for them too much about becoming an entreprenuer becuase they themselves would go out of business. By the way, if you are intersted, this Sat 7-25 Pacific Standard time, I have an upcoming Teleseminar called Moving Forward In Life. This will help ypu and teach you how to get ahead of the curve with money and with life. Visit the site to learn more www.HowMoneyReallyWorks.com

If the government would stop punishing the rich who not only create jobs but give access to non-entrepreneurs so that they can have access to these opportunities. I say run the government like a business and 2/3 would go bankrupt overnight. Also the government should not penalize or increase taxes on business owners who are attempting to help others to better themselves as well. Doing what they're doing now defeats the purpose of economic stimulus and the encouragement to better yourself.

I think the first thing to do is to take a cause viewpoint, as individuals, and take ownership of the problem. It's quite evident to me by now, thanks to Robert, that the greenback is loosing it's purchasing value, which has been caused by the out of hand printing of a fiat currency, via the federal reserve, government bailouts and banking derivatives. People have made an agreement to repay a debt,therefore the debts needs to be repaid. If it is not, then the system crashes and a new one will most likely replace it. Until then...

The second thing that needs to be done is that the governments need to take it's place in what I will call the Cashflow Triangle, do what you will with it. The cashflow Triangle is composed of the Clients, Administrative Organizations and Production Teams. For example in the Construction Field. You have The Builders, The General Contractors and Sub Contractors. Which may or may not have employees. When looking at the Triangle on a global scale, you can see that the Clients are Humanity, the Citizens of Earth. That the Governments are the Administrators, chosen by the Citizens of earth. And that the Technicians are the task force behind the production delivery of the products endorsed by to the Citizens of Earth. Each of the components of the Cashflow Triangle are required. The clients get no product without, the administration or production, as Administration, gets no production without Clients or Technicians.

When looking at this Triangle we are also looking at an old paradox,of the egg, the chick and the chicken. Which came first the Clients, the Administrations or the Technicians? From what I can tell the currency should flow from the Clients to the Administrators, which see to it that the products demanded buy the clients, get produced by Contractors and Employees. This is a very optimum flow, which is stunted by a "Limited Resources" mindset, which surfaced and followed us, since we discovered that life was bound to a closed system called a planet. That, without the proper technology, we would only have so much space to expand into and that there would only be so much natural resources to Accommodate Humanity. This has clouded the true source of our wealth and currencies, Human Time and Effort. Before Gold and Silver could ever have had any value it had to have been dug up by somebody. Given Today's Technology, we have already expanded this closed system to size of the Solar System. Which tells me that we have a great wealth of resources, yet untapped.

In Why We Want You to Be Rich, Robert demonstrates the link between Energy and Wealth. We know today that Energy is all around us in abundance and we have the technology to capture it. Efforts should be concentrated in developing abundant renewable source of energy, hand in hand with increasingly efficient Technology.

It's so simple. Entrepreneurs create themselves. As the John Galt character in "Atlas Shrugged" said,
"get the hell out of my way". No intention to offend others with the quote but it seems to me if they'd let us sort it out ourselves we'd be better off. I thoroughly enjoyed this online experience and will let many know of how it's working in me. My perspective has changed and my determination is dramatically increased. Many thanks.
Note: Downloaded "Grunch of Giants" and will keep for my kids. Saw Bucky lecture a long time ago and now I get it.

Neil

A few obvious ones:

* incentives for new businesses and new jobs created
* reducing overhead and other barriers for start-up businesses [can we say Sarbannes-Oxley repeal or drastic modifications?}
* limiting the legal liability for start-ups and therefore reducing insurance costs overhead
* simplifying the tax code - for businesses, LLCs, partnerships, individuals
* promoting a culture change in governemnt agencies which recognizes that start-ups create jobs, pay taxes and some become giant enterprises which may benefit all

Currently, there's a cozy arrangement between giant corporations, lawyers and Washington politicos which trade support for support at the expense of new, potentially competing businesses which could upset the status quo. This country must recognize that the two major parasites preying on the creators of jobs and money are: trial lawyers and goivernmental regulatory agencies.

Government shoul encourage people to create business by making funds, banks, credit, education, tax relieves and every aid that could help an entrepreneur.

I've been unemployed for 16 months now. When I first was unemployed I heard about a program that would allow you to collect unemployment compensation while being trained to start a business. I was so excited I immediately called to find out how to sign up. Problem was, there were no funds for this training anymore. If the government allowed people to collect unemployment while training us to become self-employed it would be a wonderful thing! Instead, they just want you to keep looking for work. If I started a business while collecting unemployment, I would have lost my unemployment compensation. How oppressive is that? Part of the conspiracy to keep people from financial freedom. However, while living in the poverty bracket these last few months, I have saved my income tax refunds, which I cannot understand how I could receive such a refund, even though I did not contribute. I will be using this money to move toward passive income.

Pity I do not have time to read everyone's comments first...
My experience with welfare (as one who helps people get access to it) has led me to the conclusion that it is a glorified form of slavery. It is designed to keep people dependant. You would vote for the hand that feeds you, right?

If one party will give you free stuff and the other party insists you study and work hard to earn your keep, guess which one poor, lazy or low-self-esteem masses vote for?

It is a trap that sinks you deeper.

Even when governments do sponsor entrepeneurship programmes it is not marketed well to soberly prepare folks for what they are getting into. People are lured in with promised of 'making their own money' and 'calling their own shots'...INDEPENDANCE!!!! So folks start making a little money then spend it all 'living it up' till the business bursts and they are convinced business is too risky.
They need to be taughe that they cannot take any money out of the business in the first 3 years minimum. Reinvest it for a brighter future... when you start reaping rewards, have a plan for how you will pace your reaping.

The government is not doing a good enough job of running the country, some running it do not realize the advantage creating entreprenuers, employees pay taxes. The SBA could go a little bit farther when they have the funds to hold seminars or classes in areas to let people know what is involved in launching a successful business or ideas. Looking at their website, it shows all the potential but seems a bit empty when one gets seroius about persuing the venture. Or maybe overwhelming to some.