The Business Advisor

There are times I wonder if this podcast is reaching people, if people are listening to what I say. I heard a great quote that snapped me out of this thought process because it was funny - "I feel as useless as the letter G in lasagna". I heard it and I laughed because that is how I feel sometimes with this podcast. However, I will continue to talk about issues that affect our lives, right now it is inflation and bad policies coming out of Biden and the Congress. I feel we need to be more aggressive because the economy is going to get worse. Gas is predicted to jump to $10 per gallon. We don't have enough oil production. Sub-Prime mortgages are going into foreclosures at the moment because of inflation and rising interest rates. People are not able to meet their monthly loan payments because everything is to costly. We have a lot of other issues, besides inflation, that are going to drive the nation into a very deep recession that may be considered a depression. We have trouble coming.

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In a San Francisco Business Journal article, Sequoia Capital is warning founders of the companies they have invested in to conserve cash and slash spending. The group gave a stark warning for its portfolio companies. Cut costs now. In early May the Menlo Park-based venture firm shared a presentation with its founders in which it warned them of a pending economic downturn that will last much longer and be more severe than what happened at the outset of the Covid-19 pandemic. They said that companies need to tighten their belts.

"Companies who move the quickest have the most runway and are most likely to avoid the death spiral." Sequoia said in its presentation.

"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." the venture firm said in its presentation.

Business Journal Article Link: CLICK HERE

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The best place to learn about business is by joining our daily business podast: https://plus.acast.com/s/the-business-advisor.

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Today South Carolina Senator Lindsey Graham came out and tried to justify why he is voting to fund Ukraine with $40 BILLION dollars. Now Graham has been pushing this war with Putin for years, he and John McCain went to Ukraine promising to support them. He wants Putin gone, in fact he even came out a few months ago and said someone needs to take Putin out. So my friends here in South Carolina, we have $40 billion reasons why Graham should no longer be our Senator and it is time to make a change. We need to vote people into office who understands inflation, the affects of massive overspending, and how to put options on the table that Americans can use. We can not longer afford fickle Senators like Graham. South Carolina, it's time for a change. A new voice of the people need to go to the Senate that will represent the needs of South Carolinians.

Link of Lindsey Graham "Why I support Ukraine Aid Military Putin Russia": https://www.foxnews.com/opinion/ukraine-aid-military-putin-russia-lindsey-graham

If you live in South Carolina, let me know how you feel on Senator Lindsey Graham. Send me an email to: [email protected]

If you like my podcast, please support me by going to http://www.buymeacoffee.com/michaellodge

If you would like to have more access to me, go to my web page at: http://www.lodge-co.com

The best place to learn about business is by joining our daily business podast: https://plus.acast.com/s/the-business-advisor.

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Businesses that allow political agenda's and wokeness into their companies will create conflict. Conflict comes in many forms. Internal and external, and investor conflict. Politics is an unethical entity that if allowed inside you business will take the company into conflict. We see it in Twitter, Disney, Facebook, Coke and other businesses that decided to take a political position that created conflict. When a company becomes woke they push their main business focus to the side and become corrupted by politics. Then the conflict begins. Every business, especially during this election year, should be sitting down with their management and boards and establish ethical boundaries on politics of the company or from employees inside the company. Conflict can be eliminated by keeping wokeness politics outside the company. Every small business and big business should also have an ethical policy on politics in their employee handbooks. It needs to be addressed because politics can get out of control quickly. Unethical behavior erupts when politics is allowed in companies. Senior executives that try and push a social political agenda need to be told to stop. Political behavior can destroy the branding of a company, and we see this happening every day. People, focus on your business, not your politics.

If you like my podcasts and blogs, please support me by going to: http://www.buymeacoffee.com/michaellodge Please hit follow and support.

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The best place to learn about business is by joining our daily business podast: https://plus.acast.com/s/the-business-advisor.

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Total Debt: $31.4 TrillionAnnual interest paid on debt: -#1.2 trillion by 2024Annual tax revenue: $4.9 trillionAnnual Deficit: $1.4 trillion lossProjected 2023 Deficit: over $2 trillionJanet Yellen taps retirement funds to avoid breaching US debt limit. Does any of this sound like sound spending habits, good stewards of the money Americans have paid into the tax system? If this were a company, would you invest in it? Hell no. The ethical work that the Joe Biden can do is to sit down with Treasury and the members of Congress and negotiate. If you don't negotiate then we have no leadership in Washington. We just have elected people who think that it is ok to put the American people in greater debt. Perhaps it is time to shut the government down to get people to the negotiating table. This is no longer about politics, this is about working together to reduce our nations debt and curb spending. Otherwise, you can expect the economy of America to get even worse. Do what's ethical, and not what is political.If you like my podcast and would like to help support The Business Advisor, please subscribe at: http://www.buymeacoffee.com/michaellodgeIf you are in business and would like to ask business questions, send them to: [email protected]Schedule a 60 minute consultation with me, go to: http://www.lodge-co.com

The best place to learn about business is by joining our daily business podast: https://plus.acast.com/s/the-business-advisor.

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