Remember the opening scene native Twilight Zone: The Movie with Dan Aykroyd? that plays a hitchhiker speak in the passenger seat of a vehicle on a dark, deserted highway. He repeatedly asks the driver if he desires to view something “really scary.” He tells the driver that if he wants to watch it, he needs to pull over. Finally, the driver traction to the side of the road and also says, “Okay, show me.” The scary music starts. Aykroyd transforms his head away from the driver, climate turns earlier around—but the no longer Aykroyd’s face. It’s currently the challenge of a horrifying, demonic creature that fatally assaults the bad driver and also terrifies everyone watching.

You are watching: Want to see something really scary


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Who is the menacing monster terrorizing little businesses?


Welcome to the 2019 Nevada State Bank tiny Business Survey. If you want to view something really scary, open up to the Outlook on page 5 and read the height 3 concerns of business owners.

What would you guess are the optimal 3 concerns?

Probably “cash flow,” right? tiny businesses are always short top top cash flow, and it put them out of organization all the time. You may be surprised to find out that, while cash circulation is detailed as a challenge, it wasn’t among the top concerns.

Maybe it would certainly be “finding new customers and business.”  if respondents stated this was vital challenge, that still wasn’t on the list of concerns.

Oh, now you have actually it! It should be “finding and retaining top quality employees.”  that is constantly hard no issue what’s happening v the economy. Yet while hiring and retaining quality employees is, in fact, THE optimal challenge amongst businesses best now, that still didn’t do it on the list of optimal 3 concerns.

Okay, enough beating roughly the bush. Out of 400 Nevada businesses surveyed, below are their peak 3 concerns:#1 medical care (Obamacare)

#2 federal government Regulation

#3 company Taxes

What??? In instance you hadn’t noticed, all 3 top concerns are government-related. We worry much more about what the federal government is walk to perform to united state than we do around hiring and keeping employees, having actually positive cash flow, or finding brand-new business. That is scary, and also if you don’t agree… you have to work because that the government!

Dan Aykroyd asking the driver if he desires to watch something yes, really scary—then death him—reminds me of this tendency of intrusive federal government regulation which is usually doing the very same thing to little businesses. It would certainly be man to imply that all little businesses will be shut down, yet the federal government sure doesn’t do it basic to run one profitably.

If you have read any of my previous articles, you know I have actually no love because that the government, and I feeling really sorry for the citizens of this good nation who do. They have actually fallen right into the catch of thinking that the federal government is the “ultimate solution” for all of our problems and also woes. This is fixed the case, and, in fact, the opposite has nearly always proven to it is in true.

How numerous times have actually you heard our political leaders say they room going to provide jobs because that people? It is no the government’s function to administer jobs or even to aid with that part of the economy. That is the function of business. federal government should just gain out that the way. Much less money spent on federal government regulation way more money can be spent on widening business, which constantly translates into jobs.

Whenever the federal government says that is right here to help, that reminds me the a 5-year-old questioning his parents if that can help them repaint a room. Lock don’t want to to speak “no,” due to the fact that it’s cute and they don’t want to crush his tiny spirit, but they understand the after-effects of letting the son help. If they’re gift honest, what castle really should say is, “Oh, what a nice offer, however Mommy and also Daddy just need to obtain it done, and also we can’t have actually you slowing united state down.” The 5-year-old boy has no idea that the aftermath of his actions and also doesn’t care that Mom and Dad will need to clean increase after him.


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My youngsters enjoyed countless carefree adventures once they were young, similar to this camping trip circa 2004. What a life!  however even at this young age, castle were organized accountable because that a pair chores here and there. Mommy and also Daddy can’t do whatever for you. I would be really surprised if any kind of of mine 4 youngsters ever finished up in a cushy government job!


Wow! After writing that last paragraph, it renders me wonder if i should come to be an chosen official, or better yet, an appointed one. Hmmmm… lots of power, no consequences or accountability, and also everyone else needs to clean up after me. Ahhh… to it is in 5 years old again.

In the little business survey, the bank also asked service owners if lock agreed v economists’ projections that a recession is coming in 2020. Respondents were divided: about 43% claimed some form of “yes” and also 40% claimed they didn’t think a recession to be on the way. Well folks, the “yeses” have it, due to the fact that the recession is coming. I’m no a doomsday guy—just a real estate investor that understands the nature of economic cycles. We might not suffer it in 2020, however a recession is on the way. This no a reason to panic, yet it is an chance to obtain your finances and investments in order.

Earlier this year, we posted this article about how to make certain your investments room recession resistant. We included a lot of easy-to-digest info that defines what happens throughout the economic cycle, exactly how recessions are a necessary part of it, and what indicators to watch for along the way.

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Understanding the need for recession-resistant assets, we have structured our investments to hold up well during a recession or downturn. Of course, nothing is guaranteed, but we’ve done everything we can to ensure that #1: investor primary is protected and also #2: investors proceed to earn constant returns, regardless of what the economy is up to.