Mark Cuban on PE Obama's First Mistake

Mark Cuban, creator of broadcast.com and owner of the Dallas Mavericks, may be blocked from buying the Chicago Cubs, but certainly is still speaking his mind when it comes to the importance of entrepreneurism. In his recent post he writes about what he sees at President-elect Obama's first mistake, i.e., not have an entrepreneur on his team of economic advisors.Here is a sample:

If we are going to solve our current economic problems, our President needs to get first hand information on the impact his proposed policies will have on real Joe the Plumbers. People who are 1 person companies living job to job, hoping they get paid on time. We need to know what the impact of his policies will be on the individually owned Chrysler Dealership in Iowa. The bodego in Manhattan. The mobile phone software startup out of Carnegie Mellon. The event planner in Dallas. The barbershop in LA. The restaurant in Boston.Entrepreneurs that start and run small businesses will be the propellant in this economy. PE Obama needs to have the counsel of those who will take the real risk inherent in creating companies and jobs. Those who put their money and lives on the line with their business

Emphasis his and Amen, Brother Mark!

Ed Kless

Ed Kless joined Sage in July of 2003 and is currently the senior director of partner development and strategy.

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http://edkless.com
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Excellent explanation of the financial situation