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Obama's strange comments on entrepreneurs

Sunday, July 22, 2012

President Obama has caused quite a stir over these comments:

"If you've been successful, you didn't get there on your own ... If you were successful, somebody along the line gave you some help... Somebody helped to create this unbelievable American system that we have that allowed you to thrive ... If you've got a business - you didn't build that ... The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together."
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Contractor Tax: UK vs Australia

Saturday, July 21, 2012

We know the cricket comparisons between Australia and the UK. We're also batting very differently on contractor tax issues. Here's an analysis from the popular UK website contractorcalculator.

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Malaysia leading on small business

Friday, July 20, 2012

Malaysia shows a level of sophistication in small business development not witnessed in the 'developed' economies. Small business is at the core of Malaysia's plan to become a high income, developed economy by 2020. See this presentation. Ken Phillips' associated Business Spectator article is here. More...


Strange happenings in the UK

Friday, July 20, 2012

The rise in self-employment in the UK is consistently being viewed as a negative. See here and here. How odd!


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Building in Victoria: new rules

Tuesday, July 17, 2012

The Victorian government has released more information about its new rules for construction tendering. The new document is quite easy to read and makes it clear what's expected and what's not allowed. This will affect all small contractors (self-employed) in Victorian construction, giving them improved protections. Ken Phillips' associated Business Spectator article is hereMore...


The taxman is coming to get you!

Tuesday, July 10, 2012

Here's a true story of one person's battle with the Australian Tax Office over PSI laws. He lost because he couldn't afford the legal fees to stand up for his rights. On the evidence we have seen, we believe the ATO has failed to correctly apply the PSI laws.

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Lessons for all entrepreneurs

Saturday, July 07, 2012

No matter how small our business, it's all about being an entrepreneur. Here are some great lessons from others.
Entrepreneurs learn from the Dalai Lama
There are 3 distinct types of entrepreneurs. Which are you?
5 top tips
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The term 'employee' will slowly go out of use later in the century ...

Monday, July 02, 2012

Well-known futurist Phil Ruthven says "The term 'employee' will slowly go out of use later in the century..." Here he explains why and gives other work arrangement trends.

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"... the nation must 'follow the entrepreneur' in order to survive recession and see the economy grow"

Monday, July 02, 2012

High profile UK entrepreneur Julie Meyer says in The Telegraph "I don't think that anyone under 30 truly believes that they work for anyone anymore" and "We have to get our arms around the new social contract". Brief video here. Entrepreneur Country article "David and Goliath must dance!" is here.  

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Some Global self-employment trends

Wednesday, June 27, 2012

UK: the number of self-employed has risen to 4.2 million and oddly some people see this as a problem!! Here's some tax tips for UK small business.
USA: Small business people are not employing but going solo
China: The young self-employed are small in number
Cuba: Same as China. Young are small number of self-employed but little capitalists are doing the 'rumba'! as state companies are slimmed back More...



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