Porter Stansberry, founder of Stansberry & Associates Investment Research, has created a compelling and humorous four-minute video about the raw deal entrepreneurs get from the U.S. government. See video here: http://www.stansberryresearch.com/pro/stansberryradio.asp
“President Obama advised us that small entrepreneurs can’t build businesses alone. Well, I’m here to help. Today, I’d like to make you a serious business offer. I’ll partner with you no matter what business you’re in, as long as it’s legal,” says Stansberry.
As a “business partner,” Stansberry says, “I can’t give you any capital. I won’t give you labor. I will only demand that you follow my rules about what products and services you can offer, how much you pay your employees, and when and where you’re allowed to operate your business. That’s my only role, to tell you what to do.”
For this partnership, Stansberry says he would take roughly half of the profits as a fee for establishing rules and monitoring behavior, 12% of employee’s wages, 20% of the value of the business upon sale, and 50% of the entrepreneur’s estate upon death. After all, Stansberry says, he deserves to be paid handsomely for setting all these rules.
“No one would willingly accept an offer like this,” says Stansberry. “But it is exactly what the United States government offers entrepreneurs.” Stansberry has launched this video at the height of the Presidential election, challenging Barack Obama and Mitt Romney to acknowledge the destructive results of this forced partnership and to create a better deal for America’s entrepreneurs – the engines of a vibrant economy.
Porter Stansberry founded Stansberry & Associates in 1999. The company has 21 analysts and assistants as well as former hedge fund managers and buy-side financial experts that publish proprietary insights to retail investors in more than 100 different countries.
Porter Stansberry also hosts a popular weekly podcast, Stansberry Radio, devoted to investment topics and current events. The show recently hosted Dinesh D’Souza, creator of the hit documentary 2016: Obama’s America. Other guests have included Libertarian candidate Gary Johnson, MSNBC host Chris Hayes, former U.S. Senator Byron Dorgan, publisher Steve Forbes, and renowned investors Jim Rogers and Marc Faber. Stansberry Radio with Porter Stansberry is consistently a top three investing podcast on iTunes.