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LOL! Mitt Romney: What I Learned at Bain Capital (WSJ op-ed) - updated
Last edited Thu Aug 23, 2012, 10:38 PM - Edit history (1)
Mitt Romney: What I Learned at Bain Capital
My business experience taught me how to help companies grow—and what to do when trouble arises. When you see a problem, run toward it before the problem gets worse.
The back-to-school season is here, and as parents take their children to shop for school supplies, I suspect that many of them will be visiting a Staples store. I'm very familiar with those stores because Staples is one of many businesses we helped create and expand at Bain Capital, a firm that my colleagues and I built. The firm succeeded by growing and fixing companies.
The lessons I learned over my 15 years at Bain Capital were valuable in helping me turn around the 2002 Winter Olympics in Salt Lake City. They also helped me as governor of Massachusetts to turn a budget deficit into a surplus and reduce our unemployment rate to 4.7%. The lessons from that time would help me as president to fix our economy, create jobs and get things done in Washington.
A broad message emerges from my Bain Capital days: A good idea is not enough for a business to succeed. It requires a talented team, a good business plan and capital to execute it. That was true of companies we helped start, like Staples and the Bright Horizons child-care provider, and several of the struggling companies we helped turn around, like the Brookstone retailer and the contact-lens maker Wesley Jessen.
My presidency would make it easier for entrepreneurs and small businesses to get the investment dollars they need to grow, by reducing and simplifying taxes; replacing Obamacare with real health-care reform that contains costs and improves care; and by stemming the flood of new regulations that are tying small businesses in knots.
- more -
http://online.wsj.com/article/SB10000872396390444270404577605140607907860.html?mod=googlenews_wsj
My business experience taught me how to help companies grow—and what to do when trouble arises. When you see a problem, run toward it before the problem gets worse.
The back-to-school season is here, and as parents take their children to shop for school supplies, I suspect that many of them will be visiting a Staples store. I'm very familiar with those stores because Staples is one of many businesses we helped create and expand at Bain Capital, a firm that my colleagues and I built. The firm succeeded by growing and fixing companies.
The lessons I learned over my 15 years at Bain Capital were valuable in helping me turn around the 2002 Winter Olympics in Salt Lake City. They also helped me as governor of Massachusetts to turn a budget deficit into a surplus and reduce our unemployment rate to 4.7%. The lessons from that time would help me as president to fix our economy, create jobs and get things done in Washington.
A broad message emerges from my Bain Capital days: A good idea is not enough for a business to succeed. It requires a talented team, a good business plan and capital to execute it. That was true of companies we helped start, like Staples and the Bright Horizons child-care provider, and several of the struggling companies we helped turn around, like the Brookstone retailer and the contact-lens maker Wesley Jessen.
My presidency would make it easier for entrepreneurs and small businesses to get the investment dollars they need to grow, by reducing and simplifying taxes; replacing Obamacare with real health-care reform that contains costs and improves care; and by stemming the flood of new regulations that are tying small businesses in knots.
- more -
http://online.wsj.com/article/SB10000872396390444270404577605140607907860.html?mod=googlenews_wsj
Mitt must be getting nervous.
Updated to add:
Romney Campaign Massively Downgrades The Number Of Jobs It Claims He Created From 100,000 To ‘Thousands’
http://thinkprogress.org/election/2012/05/14/483676/romney-downgrades-bain-jobs/
Less than 1,500:
http://online.wsj.com/article/SB10001424052702303292204577519293959381060.html?mod=WSJ_article_comments#articleTabs%3Darticle
Gawker Posts 950 Pages Of Bain Documents (updated 2x)
http://online.wsj.com/article/SB10000872396390444270404577605140607907860.html?mod=googlenews_wsj
10 replies
= new reply since forum marked as read
= new reply since forum marked as read
i suppose you "invented" the stapler itself as well, huh, willard?
