Tax Reform

October 5, 2017 Leave a comment

With possible tax reform looming, hopes are growing for real economic growth.  It has happened before.  Lower taxes pumping money through the system and driving growth.

The popular example is the Reagan Tax Reform in the 1980’s.  There’s a real good case for something similar working, but we have to keep in mind that the baby boomers were hitting their peak spending years then and that played a big role in the growth that we saw.  We may have some similar forces impacting things now as we’ve spent a lot of time shaking off past excess in the economy and slugging through a long period of very slow growth.  Maybe we are lean and poised for growth.

I’ll take a tax reform effort at kick starting things.

 

Todd Kmiec

 

https://www.linkedin.com/in/toddkmiec/

Elite Must Haves

October 4, 2017 Leave a comment

According to some studies there is no difference in the results for students going to top 50 colleges versus those going to top 500 colleges.  But the cost difference is enormous.

They don’t end up with better jobs, wealthier, happier, or healthier.

What about elite candidates?  Will one of the most elite candidates far outperform those not considered to be at that elite level?  Watch your wallet.

 

Todd Kmiec

 

https://www.linkedin.com/in/toddkmiec/

Swiss Army Knife

October 3, 2017 Leave a comment

It’s popular in baseball these days to look for players that are like a Swiss Army Knife.  They can do a bunch of things well.

On a baseball team that brings a lot of extra value to the table.  You can play them in different positions so you can rest different players at different times.  You can tinker more with lineups to find combinations that are more effective.  You can plug them in to do little things in certain situations that have a big impact.

Like anything team related, this can apply to business.  Recruiting just for the skill set you need is how most go about it, but finding those Swiss Army Knives can add a lot of value to the team.  We want to fill this role with these skill sets, but what other skill sets would be valuable in specific situations?  If you have an answer to that, you know what to look for to add value above and beyond your requirement.

 

todd@toddkmiec.com

 

https://www.linkedin.com/in/toddkmiec/

Wasted Opportunity

October 2, 2017 Leave a comment

We haven’t seen significant economic growth for some time, but at some point we’ll see it.  Hopefully soon.  Whenever it comes, all boats will rise.

Strong growth brings more business to just about everyone.  You can enjoy it and coast or use it to build.  Going through a period of significant growth and not building the base, going deeper, generating growth in your business that will sustain,  is wasting a great opportunity.  One of the best opportunities that you’ll get for a long time.

Real growth will come at some point, and it will end again at some point.  Don’t waste it.

 

todd@toddkmiec.com

 

https://www.linkedin.com/in/toddkmiec/

Targeting Higher Pay

October 1, 2017 Leave a comment

Target is raising the minimum wage that it pays employees.  Is the labor market finally getting tighter?

We know that unemployment is down, but with so many underemployed we haven’t seen any pressure to grow wages for a very long time.  While minimum wage jobs are far different than the mid to high level salaries that really drive business conditions and prosperity, it has to start somewhere.

Watch for further wage growth creeping up the salary ladder to indicate some real growth.

 

todd@toddkmiec.com

 

https://www.linkedin.com/in/toddkmiec/

Shift Or Slowdown

September 30, 2017 Leave a comment

Recent SUV manufacturing plant closings have some people talking about a slowdown in auto manufacturing overall, a real bad sign for business conditions.

Or is it a shift?  SUV’s are still popular, but maybe not as popular as we tend to think.  If small SUV’s and other choices are becoming more popular, we may see plenty of business from auto manufacturing that is just shifting away from the bigger SUV’s.

We want the employment and business impact, so I’m hoping for shift instead of slowdown.

 

todd@toddkmiec.com

 

https://www.linkedin.com/in/toddkmiec/

Easy To Work With

September 29, 2017 Leave a comment

Hard to work with is a business killer.  If you’re a pain, or inefficient, you make things hard on the person you work with, client you work for, candidate you network with etc…..then you will methodically kill business.

Easy to work with is a business builder, network extender, relationship strengthener.  A little empathy goes a long way.  Put yourself in the other person’s shoes and then make yourself easy to work with.  This will cement relationships, bring in business, extend networks, and expand reach.

 

Todd Kmiec

 

https://www.linkedin.com/in/toddkmiec/

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