Monday, April 16, 2018

Navigating Life’s Issues

While many groups in society, seek to understand, study to fix and aim to win, life’s issues, people must traverse and prevail. Grouped by age; under or over 40 years old, education; below or above tertiary level, income; under or over average for this geography and wealth; below or above middle class. We ask a group of Entrepreneurs (Risk-Takers) and a group of career workers. How do you manage life’s issues? In the hope that answers, would develop positive and progressive strategies, which can be immediately implemented and grow the economy.


How do you deal with Crime? “I create jobs in my community, but I worry about the employees, who live elsewhere.” “By volunteering time to educate and feed others.” Crime is proven to be rooted in a poor public education system, which creates desperation and abject poverty. Therefore, many job creating Entrepreneurs and active Volunteers are needed. In other words, what is needed, is a programme that offers, training, mentoring, incubating and supporting, of such risk-takers, to develop ideas into industries, access new markets and spread, direct or indirect employment opportunities, throughout the territory. While, linking such jobs to volunteerism, to teach and reduce levels of poverty.

How do you handle the Wealth Gap? “By trying to increase earnings and taxes across the board.” “By buying assets instead of just consuming.” The wealth gap is the unequal distribution of assets; homes, automobiles, personal valuables, savings, and investments, among the population, which reacts along with changes in economic activities. Therefore, what is needed, are products with high value-added inputs and soft loans to purchase assets. Affordable housing units should be made available to low earners through low interest mortgages. This requires subsidies paid by Taxes, which is generated from products’ earnings. Hence, the more value added, and the more products sold, the more earnings and the more tax collected, the softer the mortgage payments.

How do you cope with Unemployment? “By inventing new and innovating better product lines.” “By saving and investing money and planning my own business.” Lucrative employment is created by savings and investments from the wealthy and/or the collective taxpayers (the Government) and found through individual education and experience. Therefore, it again falls to many job creating Entrepreneurs; Inventors, Innovators, and Independent Investors. Industrialist – An Individual or team that searches to combine proven inventions and innovations with high risk investment funding and is focused on setting up a new or improving a traditional industry or sector. Instigator – A person or group of persons that uses an original idea or intellectual property and skillfully masterminds it into a strategic business plan combining inventions and innovations with high risk investment funding and expert management techniques.

People, on a daily basis, have to maneuver in and around aging, damaged, and poorly maintained infrastructure; broken-down roads and bridges, faulty communication networks, defective water works, unreliable electricity supply, to simply accomplish routine tasks. Such contracts, awarded by Government to expedite works and reduce cost, maybe in the form of Private Public Partnerships.

Business Light seeks public opinions, and gives a voice to the voiceless, to question and understand, to address and oppose, and to improve their lives. Remembering that, society is made up of many groups of individuals with differing points of view. Such solutions may well come from the bottom up and can be measured by a Happiness Index.

Rationale

T.A.J & Associates Company Limited uses this occasion to comment on topics that have been covered, both academically and by the mainstream media, to add its opinion and point out investment opportunity, not to invoke any social action.