I can work anywhere, like sitting under this tree with my hound, yet earn everywhere because of the power that technology adds to small.
However, Big Business and Big Government have increasingly put pressure on small business.
One recent example is new legislation that makes tea tree oil a drug. Now small businesses have to get FDA approval before making soaps that contain tea tree oil.
This is a blow to those of us who use tea tree to help maintain natural health plus it hurts many small businesses.
Small companies cannot afford the legal teams and time required to weave through the maze of bureaucratic red tape. Small businesses that manufacture natural health products already struggle to compete with big cosmetic and soap companies. The new regulations make it all but impossible for small local businesses to comply with these new regulations.
This is poor thinking on the government’s part. The US economy is built on a foundation of small firms. Around 50% of America’s workforce either own or are employed by businesses with less than 500 employees. These companies generate almost half the private economic output of the US.
Yet who ever accused the government of intelligent long term strategic thinking?
Fortunately small businesses can adapt. Where there is a will, there is a way. For example one company I know plans to create a recipe for tea tree oil soap and sell the basic ingredients rather than the soap. Then the consumers can mix their own healthier soap.
Another friend of many years used to produce colloidal silver. Then legislation made it impractical to produce and offer this valuable antiseptic. He offered a Micro-Particle Colloidal Silver Generator and manual on how to make colloidal silver instead. (1).
This is a great benefit of having a self publishing business. The first amendment in the Bill of Rights protects us. Big Business and Big Government can tie up commerce in red tape under the “guise of protection”, but they have a hard time working around this.
The First Amendment (Amendment I) to the United States Constitution prohibits the making of any law respecting an establishment of religion, impeding the free exercise of religion, abridging the freedom of speech, infringing on the freedom of the press, interfering with the right to peaceably assemble, or prohibiting the petitioning for a governmental redress of grievances.
Technology increased the power of small when it opened many possibilities for a sharing economy. Small home owners can compete with big hotel chains. Small car owners can compete with big taxi companies. Individual writers can compete with big publishers.
The era when “Bigger is Better” is dying. Being big has helped many nations become great. Now we can enjoy the benefits of this bigness by having a micro business that is small.