Anthony Scaramucci is not a stranger in the world of entrepreneurship. He has been a major player in Finance, entrepreneurship, and an author of books. He is the founder of Skybridge Capital investments, and the author of many books, of them a popular called “The Little Book of Hedge Funds.” Scaramucci has been in the public eye for most of his career, between his jobs, becoming an author, or his political views/political shows. He recently released an article about Entrepreneurship that is turning some heads. The name of the article is “An Honest Conversation about Entrepreneurship.” Entrepreneurship today is often discussed both in the classrooms and in the political campaigns. Political conversations talk and talk in abundance of the entrepreneur and how they shape our economy, but then why does the government try to put down the entrepreneur? Government has programs in place to “help” the entrepreneur, but do they actually help? Anthony explains that having the government backing behind the loans to the entrepreneurs might be a bad thing. Entrepreneurs will take more risks with a higher percentage of failure. This is not economically pleasing. The economy needs to rely more on entrepreneurs and less on government. Anthony Scharamucci said in this recent article that while he was building Sky Bridge capital he was “scared sh-t 90 percent of the time”. During the past ten years, the government has discouraged economic progress through various taxes and regulations that are Impossible, or near impossible to achieve. “ If we don’t become more self-advocating, it is going to get worse” says Anthony in this interview. Scharamucci then listed three distinct points about entrepreneurship that need to be identified and realized.
In point number one he made the statement that no entrepreneur is his own island. Entrepreneurs have the mindset that they are going to run their own business and do whatever they want to the business and still be able to make money. Anthony reveals that this is a very bad mindset too have. You are truly never your own boss as an entrepreneur. You have to answer to your customers and what they want. He makes the point that your company is a social organism. You have the duty to keep your employees happy. Your company is a living organism that is geared to satisfy the customer.
Point number two states that there is no financial safety net. He makes the point that entrepreneurs now just like to jump into their ideas head on without planning out all of the financials. Having a financial plan for your new business idea helps to build a solid platform for your business to stand on. Anthony states that in order to fix this problem is to fix things that seem unrelated to entrepreneurship. He has found that most of companies’ profits go towards their employees Obama-care and taxes. Fix the health care and tax codes will lighten up the pressure on the backs of businesses and lets them make more of a profit.
Point three explains that you cannot control your own destiny. The amount of outside influences that can affect you every day is astronomical and uncountable. We cannot control most things, but what we can control are the taxes and regulations that have reeled out of control. No-one predicted the financial crisis in 2008, because it is an unforeseen event. Control what you can control, and deal with the unknowns.
Anthony Scaramucci has been interviewed on what he thinks about entrepreneurs and entrepreneurship today. This article shows that he is not scared to talk about the truth of entrepreneurship. He made three distinct points in the interview to sum of some general problems with entrepreneurs and entrepreneurship in today’s society. This interview is very insightful and thought provoking.
What did I think of this article? I loved this article. Anthony is a major contributor to fox news and conservative channels. It felt good to read his points on entrepreneurship today. He was very blunt and straight to the point. The article portrayed Scaramucci as a well-respected man who is passionate about the field of entrepreneurship.