Thursday, May 07, 2009

Small Business Help for Guitar Technicians - more important than AIG?

Small businesses generate more cash and more jobs than the big businesses do. There are (literally) billions of small businesses in the United States. This country flows and ebbs on the daily gains and losses of small businesses.

I have one, too (although it is part time and only employs 2). I have a guitar customization and guitar/bass technician business. I also make interstitial, instrumental, and other music that's good for your mind. My little business has grown exponentially from word of mouth, customer satisfaction, excellent affordable guitar customization sales, and from a love of making guitars play their best*.

My little business has $7k debt. This is barely enough for tools, guitar inventory, parts, and consumable supplies (strings, cleaners, files, polishing papers, etc.) I work VERY HARD and can only generate small amounts of money - but it impacts MANY people in my community. Did you know that a decent set of fret files will set you back WAY more than $100 - try $300...

When AIG gets a bailout for billions (twice, so far) to help itself deliver millions in bonuses to employees, it makes a guy like me wonder (BTW, LOTS of AIG employees, I'm very sure, EARN their bonuses)... If the government paid out my $7k of debt and allowed me to make another $3k in investments in tools and further parts and guitar inventory, I could actually pay my second person money. I could actually make a bigger and better impact on my community (helping guitarists/bassists of all stripes). I could actually pay myself something for my work (lots of times I work until 2 or three in the morning and don't see any real pay for my work for a month at a time!)

How many little businesses would FLOURISH with a little help and with less money than AIG gets? Multi-millions, I'm sure. I know I'd be helping more folks rock and giving myself enough financial latitude to go to bed at 11 a few times a week.

Want to help out a small business - one that is a joy to operate and one that makes lots of good music happen? Drop me a comment about how we can access some of our country's bailout funds. Seriously.


*(Inside every guitar is a fantastic guitar waiting to play!) *(Inside everyone who plays an instrument or sings is someone who makes the world a better place.)

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