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Greenleaf Book Group CEO Clint Greenleaf, FullContact CEO Bart Lorang and Working Solutions CEO Kim Houlne on small business perceptions of the econom...
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It's owners' previous time -- these days the Wells Fargo Gallup small business index shows they are more optimistic now compared to last November.
That is in part because those nerve wracking debt ceiling negotiations are in the rearview mirror here to give us a pulse on what kind of hiring an expansion we -- in the near future.
Is our small business roundtable.
-- and its founder and CEO -- book group -- -- as CEO full contact.
And Kim believes the CEO of working solution what -- show everyone -- I want or if you because.
You know I've read this survey this morning.
In immediately you know home my pessimism came right out I was like first -- to -- -- that skepticism I should say -- -- -- believe that you guys are out there clicking your heels everything's going great optimistic.
You know I think there's a natural optimism after the first here after the fiscal -- negotiations.
But I don't think it's drastic improvement from a world was a few months ago by any stretch of the imagination.
Q what do you think are are you feeling a lot better right now.
Well the past -- have been.
Great eight or actually the four weeks but I have a feeling and a couple weeks we're not gonna feel the same blogging and why -- the thought that I expect ever.
Well you know as it -- they have not completed the entire process most Hastings had then.
Basically extended for this year and there are many of those track initiative that really he come back and hurt -- as a small business for just kind of hoping that everybody makes the right decisions.
Went to get back into the this thing -- things.
Yes I mean I don't know if anybody noticed -- claim they actually didn't do anything really they just sort of put off the debt ceiling.
You know problem down the road I'm sequestration is still happening on March 1 -- and that hasn't gone anywhere.
Yet this study -- -- wells -- is 57% of small business owners expect their company's financial situation be buried -- somewhat good.
Although said 0%.
Expect the same number of jobs at their company.
As their credit next year overall is there were -- last year which is very optimistic that these are not hiring you just happen to not be firing anyone is that optimist.
No it's -- optimism and audit what's happening and so poking -- for three minutes straight and stop you typically feel better.
-- but you still have my problems -- I think we're gonna see this eight optimism is really not here I think people tend to look at their own financials and first of the year look at the projections and say yeah we can do this would make this happen.
No it reminded me a few weeks -- a we have we gotta just kick the can for a few months longer it's gonna continue on an on again -- right back where started from.
Yet -- guys are just a bunch of -- optimistic people in general I mean you have to have a lot of courage to go out there and start your own small business on your own anyway.
And perhaps it is as Clinton sat where it's just things have been tough for so long it's sort of a new normal and it's a new year and you feel good to -- -- marginally better so being marginally better feel a lot better.
I don't know and I do and I am I getting anywhere yet and it doesn't exactly right entrepreneurs have to be optimists by the Zulu can get out of bed every morning.
Optimism.
Yeah -- I'm there was another study that came out that that we also bad very -- which was talking about what a fundamental problems we have in this country which is people being.
Over educated for the job we have we have this new phenomenon.
Where almost everybody has a bachelor's degree of some type -- -- you can get in my -- you can do almost anything.
You end up with a ton of student debt and the survey showed that 50% of that -- sorry 15%.
A taxi drivers for example.
Have about history they've garnered much 25%.
Of people that are working in retail sales working -- register or otherwise.
Have a bachelor's degree -- percent of janitors.
I mean do we have a problem in this country where where people are over educated.
For the jobs that are available but not educated for the jobs that are open.
You know we've had this problem this problem's been around probably for the past Q3 45 years.
Where people are really wondering now if the cost of a college education.
It's work that in the long run because -- jobs that are available are not at middle market job -- -- -- highly highly professional ice jobs.
Or -- the -- -- the hourly jobs we rent cost sinners.
And we have folks that they NBA's.
Taking phone calls not -- -- bad thing now that is certainly not what they probably intended to -- know.
Absolutely and I mean every job is it is a great job if you have what you have a paycheck.
I mean more -- -- -- and every job has -- violently at the same time if you're saddled with a ton of college debt that you thought was gonna bring with it.
A higher paying job and you now you know can afford to make a student loan payments based on the jobs is out there it's not a great thing.
-- asked are you hiring right now are you looking for folks.
-- -- tons of folks right now I and quite frankly the types of candidates I did -- -- just aren't qualified they have the wrong types of degrees.
Comes of that quality example what's an opening -- and what are the degrees that you're getting that don't work for a head.
If you have a computer science computer engineering big data science on your resonate.
We will higher -- in -- in -- split second there's tons of companies we can literally start with a six figure salary -- gate if you have.
You know the web development experience design experience so highly technical degrees and a very valuable the sort of soft ones like psychology.
Or economics.
I don't aren't really going very fast and a sense of a human.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- phenomenon yeah I might send it needs of an -- -- knowing the name go swimming -- right next.
