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SME FUTURE: Will $2 Trillion Dollars Save American SMEs

Feature Article SME FUTURE: Will $2 Trillion Dollars Save American SMEs
MAR 11, 2021 LISTEN

In a world of rich and poor nations, digitized and paper-nations, skilled and unskilled nations, and population-rich-nations and knowledge-rich-nations, here is another story where in one nation currency falling from the sky like monsoon rains. President Biden is delivering on the promise with 2 trillion dollar of rescue plans to build a great US economy and avoid trade-wars, therefore, on table, internal skill-wars to upskill and reskilling-working citizens to stand up to global competitive standards is now top priority.

African nations can learn a lot from this experiment of mobilization of the midsize economy. Sometimes, it is not how much money you spend but more about how you apply mobilization and deployment of untapped talents of local citizens and apply skilling and reskilling on almost free digital platforms. SMEs of the world need better economic policies and mobilization actions, loans are good but digital economic support on showcasing and expanded exportability is far more valuable. Skilling and reskilling of frontline leadership for additional growth and exportability is where now nations divided.

The new world teaches us some new lessons: The mini-micro-small-medium-enterprise economies of the world suddenly have some amazing opportunities, nation-by-nation, city-by-city; pandemic recovery forcefully teaches us some new global-age mantras. How constant learning, constant disruption, and constant advancements, constant collaborative dialogue brings new perpetual life to enterprise. Africa must take notice of such tidal waves. Following are some key ideas and new opportunities for the USA to triangulate as pillars of growth.

Emergence of new business math: A $1000, investment in technology buys digital solutions, which were million dollars, a decade ago. Today, a $1000 investment buys on global-age upskilling on export expansion that were million dollars a decade ago. Today, a $1000 investment on virtual-events buys what took a year and cost a million dollar a decade ago. Today, any micro-small-medium-enterprise capable of remote working models can save 80% of office and bureaucratic costs and suddenly operate like a mini-multi-national with little or no additional costs.

Today, economic development leadership of nations and cities unable to optimize such models and resources along with untapped entrepreneurialism plus business women across sectors in active roles on all fronts needs a fast track orientation and upskilling. After all, the paces of shifts are so dramatic such tactical and combative battlefields are in search of new warriors, ready to deploy mobilization of talents. Just like when the desktop revolution turned the business world upside down. We are on a crossroads of passing through the eye of the needle.

Will $2 trillion save the midsize business economy of America? President Biden is delivering on the promise to build a great US economy and avoid trade-wars, therefore, on table, internal skill-wars to upskill and reskilling-working citizens to stand up to global competitive standards is now top priority. Nations of the world now measured by new standards of skilling and re-skilling for the new world, observe how the last tectonic shifts started and changed the power-map of the world during our recent ‘computer-age’ transformation.

Now is the time for national mobilization of entrepreneurialism on digital platforms of upskilling for exportability, for some 200 nations and 10,000 cities. Imagine if SBA the Small Business Administration of USA mobilized selected 10 Million SME for digital platforms for rapid-fire upskilling of exporters and reskilling of micro and small-medium manufactures to quadruple productivity, performance and profitability leading to additional new jobs creations. This is like a Marshall Plan but in reality more like a turnkey digital platform economy maneuver seeking right and authoritative leadership. Imagine if doubling or quadrupling of productivity created 10 new jobs, this would add 100 million new jobs in 1-2 years. Maybe not the best jobs but surely secure local grassroots prosperity. America waits for a great time for local SME.

“Work + Office + Health + Money + Politics + Globalization” suddenly, all morphed into one gigantic blob of global calamity, forcing new challenges, creating new thinking and getting the world on brand new combinations of growth tracks. Now is the time for trade groups to come together, Local Department and Agencies, Trade Associations and Chambers across USA must shine in participating on various aspects to boost their own local presence and their own memberships across the board.

Now, the immediate tasks and difficult questions: Start by Identifying local national regions ready for national mobilization of entrepreneurialism. Select chambers and trade associations in agreement on upskilling small medium enterprises. Organize harmonious effort to uplift women entrepreneurs on the national stage. Introduce fast-track options to upskill local leaderships of such economic deployment bodies. Identify, when simultaneous synchronization uplifts upskill of 1000 to 100,000 SME on a fast track basis, what is blocking? Select solid agenda and contents for high quality umbrella debates streamed weekly to all stakeholders locally or nationally. Identify, when such issues are not new funding hungry, they are execution starved, who is stopping? Where are the top global-scale skills and deployment models?

Now, read the new trade winds: Allow micro-small-medium enterprises a tax-free window on the first USD$5-10 million revenues in exports, this will create local jobs and bring foreign exchange. Allow Million qualified overseas entrepreneurs to park within a nation for 5-10 years under a special tax-free visa program. Allow National Mobilization of Entrepreneurialism Protocols mandated to engage trade and exports bodies. Allow National Scoring of entrepreneurialism to measure, differentiate talents, and separate pretenders. Allow micro-small-medium enterprises free access to all dormant Intellectual Property, Patents rolled up due to lack of commercialization as Academic Experts on innovative technologies and related skills on free voucher programs. Allow micro-small-medium enterprises free full time MBA as 12 months interns so MBA graduates can acquire some entrepreneurialism while enterprises can uplift their ideas and put them in practice.

Now, the urgency demands qualified execution; Success at times is failure management; failure is often about a lost battle, but not about a lost war, the ultimate success is not necessarily about winning a war, success more about understanding of the battlefield, as the real victory hidden outside the war. Expothon Worldwide, relentless in pursuit and authoritative with action, is tabling a very bold new agenda and starting a special “high-level global series” of virtual events in coming months. National leaders from various countries, ready with bold ideas on tabling solutions, highlighting their talents and wisdom on such grassroots economic development frontiers should contact with some details. Going forward, the virtualization of the national economies will boost vertical sectors to new heights, globalization creates new links to global exportability, therefore, grassroots prosperity and upskilled performance must adjust to absorb the new loads. Study more on Google.

The rest is easy

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