Invisible,Entrepreneurs,Imagin business, insurance Invisible Entrepreneurs
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Imagine yourself so tiny you're sliding down a nanotube.These things are the latest tech invention that are sosmall that only single molecules can pass through them.Now imagine that you are the size of a mouse, that's thething under your right hand there, hovering just abovethe "Delete" button - ready to click.The comparison in size between a single molecule slidingdown a nanotube and the size of the computer mouse isactually vast beyond comprehension. But there are biggerthings like the Apple sitting near my mouse. It's an IMacand still small by computer standards. Apple Employed over175,000 people worldwide in 1999 and they are considereda "small" company because they have "only" five percentof the personal computer market. Just a tiny fractionyou might say. Nearly nothing. Almost invisible.But Apple is not quite too tiny to see. They are the sizeof a tasty bit of fruit worthy of a snack by investors and, with over a BILLION Dollars in the bank - in CASH -Appple might be said to be doing well by most standards.Certainly by my standards. I am one of those itsy-bitsysingle molecules sliding down the nanotube of business.I am too tiny to see and so are you. In fact nearly fiftypercent of the US economy fits in that category of tootiny to see. Under 10 employees earning less than tenmillion per year. We are invisible.But how can half of anything be invisible you say? Halfof the economy is too tiny to see? Well, apparently so.Must be the dark side of the moon. The back half that isnot visible to anyone.My tiny mind took this invisible path this evening afterreading a paragraph at the end of a CBS Marketwatch newsstory. A paranthetical afterthought to REAL news reads: Loudcloud said it's selling its managed-services business to EDS for $63.5 million in cash. They raised $350 million in debt and equity over the years and it now has roughly $100 million left. What's more, the global recession has made it difficult for small companies to land big accounts. "Demand shrank," said Andreessen. "People are looking for big companies (to work with)." Loudcloud raised $172.5 million and had a market valuation of $439.5 million, according to Dealogic. Shares of Loudcloud jumped 22 percent to $1.99. http://makeashorterlink.com/?B2C715411Fellow internet junkies will recognize the name of theLoudCloud CEO, Marc Andreesen as an early architect ofthe internet and the developer of the first "browser"to allow surfing the web, called Mosaic. He's quotedin that story above, lamenting the fact that his latestproject is seen as too "small" with a valuation of only$439.5 million. Marc, take a vacation! You've earned it!Now my real motive in penning this essay is to ask why?Why does this economy see NONE of us that make up theremaining 50% of the economy and lament that companiesworth nearly a half-billion dollars are "too small"?You have literally millions of small business peopledoing virtually millions of jobs out here. The Butcher,the Baker, the Candlestick maker are all out here dailydoing what needs to be done to make the US economy runsmoothly and continue to hum while the big bad boys ofENRON and KMART and PG&E are going bust even with theirbillions?Even the slightly dishonest used car dealer who wheedlesa few hundred more than necessary from the hairdresserthat "just loves that little sports car over there" isbetter than greedy corporate CEO's filling their bankaccounts before trashing the companies they run.Ultimately, Joes Used Cars CEO contributes more to theeconomy than does the CEO who sees to it that his ownaccount is flush before putting his invisible employeeson the street to look for new work.I'm stunned that when analysts talk about small, that they are talking about those businesses earning nine-figure incomes! You've heard of what amounts to thatfantasyland dream of earning six figures, right? Why is that not enough? And why are those of us out inthe real world making less than that fantasy figurelike single molecules sliding through a nanotube?We are the invisible entrepreneurs. Francois de Visscher, a Greenwich, Conn. based financial consultant and investment banker said, "If you are a $100 million company, a $500 million, or a $1 billion company, you're not a small business anymore." Thank you for that Francois, at least I know I'mstill a small business. Thank goodness for that. Article Tags: Invisible Entrepreneurs, Small Business
Invisible,Entrepreneurs,Imagin