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Members of the “Job Creators Alliance” discuss how their companies have created jobs and helped boost small businesses in the U.S.
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Jobs so we start with -- number who founded staple.
The biggest office supply chain in the world.
Brad Anderson who helped expand Best Buy into the fifty billion dollar company it is today.
And David -- CEO of Austin capital which has businesses that.
Which has eight businesses that help small businesses manage themselves.
So.
People Donald Light to you business people off I mean you know maybe.
Best Buy at Staples -- consumer friendly but the perception is.
That you don't do much good in the government creates jobs what your head of that alliance.
You for of this stuff like that.
While we we've formed organization.
To represent small business and small business itself creates majority jobs -- -- the people.
And one of the problems that we see in this country today.
It's that small business has actually no voice and because they have no voice.
It's easier attack businesspeople it's easy to attack business -- -- -- small business and this big this it's okay to.
And they they are but you know to have -- very sustainable long term economic growth.
We're really just are focusing on small business and we were all at one point when we started small business and we got ten people together.
The founding members and CEOs on the best American brands in this country that have taken small businesses and turn him into large businesses.
And one of the things that we're trying to do is make sure small business who we believe.
Is going to make this country stronger again.
Is who we need to represent.
All right and bread EU have talked about you need -- -- the states to speak out because there's this sense that.
You guys are evil as.
You know I think part of that is the is a general perception that business people are -- -- to be honest with you I can relate to that because when I started many many years ago.
I can I didn't I was an interest in business -- stumbled into business for I thought business was able.
I don't try to get it.
Right I I dropped out of seminary to monitor that to know what to do like it went in with a story about Esther from college.
And got a job for them stores that -- up 36 years later you know -- grew from four million bill Ford fifty billion dollar company but.
To best spot yet but it was it was it was a few it was here fluke and wasn't much -- -- -- business.
And you -- -- a lot of business just takes repeat but -- it was it was based on -- was based on selfishness and couldn't be good.
And -- sort of watch what happens and building a business.
The sound of music which became Best Buy was eleven years before me to -- -- a dollar profit and then it started losing money again it's really hard to build business and part of I think we've reason for getting involved with Japanese alliance is watching what happen and that's what -- economy how hard it is to -- today because.
We're adding complexity to that process is harboring top in the media doesn't get it.
I think a lot of media has never seen that experience to sort of the development of the business -- -- -- -- I think most people the neediest feel there's this pie.
And if you rich guys take a big chunk there's less for the rest of us they don't get that you bake.
New -- Yeah I mean you have to just take the people them Staples there was nothing like Staples before he Ukrainian there was nothing really like Best Buy it certainly -- -- -- -- That changes the marketplace and it it delivers things much more efficiently expands people's.
Cinema with ticket we take -- we live better than anybody else in the world those -- presume that just happened.
Or it's our government that gave it to which no other government seems to -- I don't think -- doesn't it.
Tom you know what bothers me is that the people in Washington think that they create jobs you pointed out.
Believe you'll create some jobs they're pretty 300 million dollars -- -- jobs and new Consumer Financial Protection.
Bureau which I don't think it's too much for productivity.
In America.
We're creating all kinds of jobs trying to live up to Dodd-Frank.
And try to figure out what the ratio of the CEO pay is the average work around the world.
And those jobs or create much productivity.
I'd like to think the job we financed through -- -- consumer fund.
And I've helped bring over a 100000 jobs myself.
Are real jobs and companies like.
And adding employment.
And yet as the regular jobs you've created from his brand with -- new venture capital firm and these are brand new jobs and yet is Brad points out.
All that we get is grief in more hoops to jump through more forms to fill lot of more regulations to comply with them.
We got a post decider -- -- this is.
What was just added in regulations last year -- and I are available at a post -- R&R -- -- that you ought to be encouraged to go join a union.
Well this is ridiculous this does nothing for productivity.
I get a sense that a big part of David's income his whole company is helping these companies do compliance I hadn't even heard this -- compliance and now I see.
Every business has to have a compliance department and that it's really parasite like they just -- away from creativity growing investment segments venture capitalist compliance software that's awful -- it.
I think I wealth creation -- not.
How did you.
Create.
Had to start Staples.
-- start started being unemployed looking for -- to do that truth be known.
And I saw that small businesses we're getting ripped off.
The big business were buying pens for 77 cents a thousand and small business were paying through all -- 68 cents I think that was fair and try to figure out a way to get the little businesses similar prices to the big businesses cannot -- pretty good idea.
And everybody else wants to be seen yield that your company could you were better -- you.
-- -- Brown -- the bosses.
And was what would help to start the company if there's not a lot more things you do I mean I get the -- that I didn't realize eyes and health Carter helped to started for sure.
And I think over time.
In this country.
Hard work should be rewarded.
And generally speaking if you meet the people when these companies they work their butts off.
Mean the perception the -- -- these guys are flatter on a private -- school for golf permit the fancy dinners.
The realities -- eighty hour week in these things in the unity December 24 jobs.
Which huge stress.
And every day you get a good happens -- you like get a bonus you're subject to scrutiny enemies David how did you become of this.
Just like Tom -- I found.
And and you came to America here -- came when you -- six years old.
I came here from South Korea won a -- -- -- your parents already had some entrepreneurial attitude they were well when I came over.
Or second speak English I remember on helping them silent standing on a box looking at a register -- things out before like illegal today.
Is that illegal yeah child labor well I think the parents can nationalist -- -- is -- vice president Buckman and if there's an OSHA violation as well as -- right now for more regulation.
So we start up you know basically -- -- the the -- -- -- start my own -- I want let's take control of my life I wanted to make sure.
Bad I got to do what I want to do and and either fail or succeed based upon how hard I work.
And we should be rewarded for the productivity.
Increase activity and I think one of the interest in things people have asked me about me being from South Korea.
Is the difference between north and south right now.
And if you take a look at where South Korea is currently there are heading towards -- and there continues to opening up that free market and when you fly over Korea you see lights.
Now you look in North Korea which is gone to command economy completely government regulators economy the -- -- So I think we have a picture that you could see that light and dark but.
If it becomes harder and harder for you to be -- for -- because of the regulation because it is far harder to get.
Financing.
When you're actually going towards darkness -- going towards it regulated economy that we know doesn't work.
Some people would say yes we know it does work look at China that some managed economy.
They have five year plants and they are outgrowing -- -- -- that's actually argument in the community and in the direction.
Because China was dark but that's anyway as it's pulled off the strings off people all of a sudden the lights have come -- And it there are lots of places where China has less regulation it's freer to do business in China and it is in the United States so they and it's actually -- -- premise for a moment.
-- -- recently Rush Limbaugh took heat by saying greed fit more amounts and shares.
And and I read in the where people what a disgusting person how can you say this please -- me crazy on this issue is if you look at evolution.
If you believe in evolution -- you believe that the species survives based on a struggle.
That the fittest survive based on.
And ability to to do what others don't it.
I'm arguing in favor of greed and acting in the in in self interest I that it had my dad's and pastor and I did -- A speech in front of a group of retired pastor is trying to argue that one of the biggest surprises I had was.
That acting in your own interest sometimes can build -- more moral environment.
We like if if I'm an employer the first thing I -- -- -- like I know I could trust.
Otherwise I can't -- -- -- You have people perceive -- partners story is -- Every entrepreneur I know just about his first or her first primary motive was to change the world.
I would pyramid -- and Meg Whitman built up eBay it wasn't to make a lot -- made a lot of money but what that was in the motive the motive was to make it easier for small.
Businesses do commerce in itself.
My boredom was to help small businesses save and -- have a lot of fun doing it made some money along the way that was great but that wasn't the moment for.
