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Up front, readers will be disappointed if they're expecting a gloomy story of weak economic growth that can't be fixed. Forbes and Ames are quite optimistic, while rejecting emphatically this notion of a "new normal" of limp economic activity. To them, abundant prosperity is as simple as reducing the tax, healthcare and monetary burdens that are lightly suffocating a spirited country just dying to return to - and exceed - the rates of growth that prevailed in the 1980s and 1990s. As Forbes explains it in our interview, taxes are nothing more than a price. They're just a penalty levied on all of us when we get up to go to work each day. In that case, the clear answer is to reduce the price. Forbes and Ames propose a flat rate of 17 percent, minus all the deductions that have turned the tax code into into something that is wholly incomprehensible. Actually, there's one deduction. This flat tax would come with standard deductions per family member of $13, 200 such "Roughly half of all Americans would owe no tax at all [authors' emphasis]. "
Steve Jobs (Apple co-founder): Use storytelling to make your vision more compelling; not mission-speak. Reid Hoffman (LinkedIn founder): Build deep, long-term relationships that give you insider knowledge. Elon Musk (SpaceX and Tesla co-founder): Use decision trees to make better decisions.
The growth implications of reduced penalties placed on work are rather impressive, not to mention the "unseen" potential for renewed economic activity. As previously stated, the tax code is very complex such that it requires billions in annual spending and billions more in work hours wasted staying in compliance. Taxes that could be calculated by hand, and filled out on a proverbial post card would free up the people who are the source of prosperity to pursue much more productive work, as opposed to wasting precious time complying with taxes. On the healthcare front, Forbes regularly tells his many listeners that capitalism is the process whereby scarcity is turned into abundance. Even better, scarcity is regularly turned into low price abundance. Forbes and Ames make the essential point that it's not a problem when people express frenzied demand for iPhones, Big Macs and computers, so why is it a problem that people demand healthcare and its related services? To the authors, the answer is easy.
Photo by AP Photo/Paul Sakuma 2011 Forbes 400 NET WORTH $7B as of 9/1/11 Apple cofounder Steve Jobs finally succumbed to cancer at the age of 56 on October 5th, leaving behind a legacy that changed the computer, music, film and wireless industries. His once written-off tech company in August briefly topped ExxonMobil as the most valuable U. S. corporation. In that month he resigned as CEO. The Reed College dropout founded Apple in his garage. Jobs created the Macintosh in 1976 and was fired 9 years later after a power struggle with Chief Exec John Sculley. He returned to Apple in 1996. At the time of his death most of his wealth still came from Disney, due to Disney's purchase of Pixar in 2006; as the largest individual shareholder, he owned about $4. 47 billion of Disney stock. Stats Source of Wealth Apple, Pixar, Self Made Citizenship United States Children 4 Education Drop Out, Reed College $5. 7B Billionaires March 2007 $5. 7B Forbes 400 September 2007 $5. 4B Billionaires March 2008 $5.
- What is the press saying about your business? Be as specific as possible: what would your local paper say about your company? What would your favorite magazine say? - What do your people love about your vision and where the company is headed? - How would a customer describe their experience with you? What would they say to their best friend? - What accomplishment are you most proud of? What accomplishment are your people most proud of? - What do you do better than anyone else on the planet? - Describe your office environment in detail. - Describe your service area. Who are your customers and how do they feel? As an additional resource, read Brian Scudamore's article on the science-backed reasons that creating a vision is so powerful. 2. Share Your Vision Often And Everywhere Cameron Herold, author of Double Double, CEO coach and globally renowned speaker has helped tens of thousands of high growth entrepreneurs and leaders from 6 continents create a Vivid Vision for their organizations.