About This Blog

Ludwig von Mises (1881-1973) was the greatest economist of my time. His greatest works can be accessed here at no charge.

Mises believed that property, freedom and peace are and should be the hallmarks of a satisfying and prosperous society. I agree. Mises proved beyond a shadow of a doubt that the prospect for general and individual prosperity is maximized, indeed, is only possible, if the principle of private property reigns supreme. What's yours is yours. What's mine is mine. When the line between yours and mine is smudged, the door to conflict opens. Without freedom (individual liberty of action) the principle of private property is neutered and the free market, which is the child of property and freedom and the mother of prosperity and satisfaction, cannot exist. Peace is the goal of a prosperous and satisfying society of free individuals, not peace which is purchased by submission to the enemies of property and freedom, but peace which results from the unyielding defense of these principles against all who challenge them.

In this blog I measure American society against the metrics of property, freedom and peace.

Sunday, March 18, 2012

Business Owners, Don't Miss This!!

I was in business for 18 years and can humbly admit to a modicum of success in business. If you are in business -- especially small business -- you owe it to yourself to check out "Legends of Success With John Resnick." The link will take you to the Legends of Success website, but actually the heart of Mr. Resnick's endeavor is a weekly radio show which consists of John Resnick interviewing the most remarkable entrepreneurs on the planet.
Jack Welch, Legendary CEO of General Electric, is one of Mr. Resnick's more high-powered and frequent guests. Welch and his wife Suzy are pictured above with John Resnick in the Welch home in Boston prior to Jack's recent appearance on Legends Of Success.

As interesting and insightful as Jack Welch is, I find that the most valuable guests are entrepreneurs who started out small -- or with nothing at all -- and turned their hard work and ideas into multi-million dollar businesses. Recently, John interviewed John Schnatter, Founder & Chairman of Papa John's Pizza. Talk about one cool guy who turned a hole in the wall pizza kitchen into a hugely successful corporation!

Resnick's recent interview with David Oreck, Founder and Chairman of the Oreck Corporation was also fantastic. Oreck started with little more with an idea and chutzpah. His story is remarkable.

Did you ever wonder how a huge internet company like PETCO got its start, or how an entrepreneur with moxie and foresight turned a bicycle messenger service into the venerable giant, UPS, or how an accountant turned his small business into the payroll giant Paychex, Inc.? You'll find out by listening to Legends of Success.

I bet you didn't know that Dick Van Patten, the TV actor famous for his role as Tom Bradford on "Eight is Enough," is a dynamic and inventive founder of a fast-growing company called: Natural Balance Pet Foods, Inc.

All of these fascinating individuals told their stories to Resnick on his radio show. In my area the show airs on Sundays mornings. Please check your local listings (or Google it) and catch Resnick's next show. The best part is that some of Resnick's past shows are archived on the linked website. The show featuring Michelle Peluso, President & CEO of Travelocity, is archived on the Legends of Success home page. I promise it will knock your socks off.

What makes Resnick's show so interesting and valuable?

His guests reveal the secrets of their success. Simple as that. All you have to do is listen and learn. I promise the "secrets" revealed are simple and easy to understand AND they work!!!!

Today's guest was Sara Blakely, Founder of SPANX, the ladies' undergarment company.
Lest you think ladies' undergarments and Sara Blakely are small potatoes, read this Forbes Magazine article: How Sara Blakely of Spanx Turned $5,000 into $1 billion.

I hope Resnick archives the show featuring Ms. Blakely. It is one of his best yet. This woman had an idea and wouldn't take "no" for an answer. Her unstoppable personality and tenacity come through in the Forbes article. I'll elaborate on her "secrets" of success in a followup post, along with some "secrets" of my own.

Below is a list of guests that have appeared on Resnick's fabulous radio show. But first, here's some more pictures of the youngest person ever to make Forbe's list of billionaires!
Sorry guys, she's married! 

Here is a list of business geniuses that have appeared on "Legends of Success:"
Jack Welch
Legendary CEO of General Electric

Steve ForbesForbes, Inc., President & CEO
Forbes Magazine, Editor-In-Chief Forbes Magazine 
William Lauder, CEO The Estee Lauder Companies Inc.
Evelyn H. Lauder, Senior Corporate Vice President
Bernie MarcusThe Home Depot, Co-Founder
The Marcus Foundation, Chairman
William Randolph Hearst, IIIHearst Corporation
Howard Schultz, Chairman 
Jerry Lewis
Entertainment Legend
Walter Cronkite
American Legend
Eli Broad, Founder/ChairmanThe Broad Foundation
KB Home
Jon M. Huntsman, Founder & ChairmanHuntsman Corporation
Denis Abrams, President & CEOBenjamin Moore & Co.
A Berkshire Hathaway Company
Patrick J. McGovern, Chairman
International Data Group
Alan G. Hassenfeld, Chairman of the Board
Hasbro, Inc.
Robert J. Herbold, Retired Executive Vice President & COO
Microsoft Corporation
Michelle Peluso, President & CEO Travelocity 
Chris Sullivan, Founder
Outback Steakhouse
S. Truett Cathy, Founder & Chairman
Dan T. Cathy, President & COO
Johnny Carrabba, Founder
Carrabba's Italian Grill
Walter Anderson, Chairman & CEOParade Publications
Ed McMahon
Television and Radio Legend
Sidney Sheldon
Creator of  "I Dream Of Jeannie"
Bernie Brillstein, Founding Partner
Brillstein-Grey Entertainment
Pierre Cossette, Producer
The Grammy Awards
Kent "Oz" Nelson, Chairman & CEO
L. Lowry Mays, Chairman/CEO
Clear Channel Communications
Red McCombs, Co-FounderClear Channel Communications
NFL’s Minnesota Vikings, Past Owner
Jimmy Carter
Former U.S. President
Leon Gorman, Chairman L.L. Bean, Inc.
John Schnatter, Founder & Chairman
Papa John's Pizza
David Neeleman, Founder & CEO
JetBlue Airways
R. Michael MondaviFolio Fine Wine Partners, Founder
Robert Mondavi Winery, Former Chairman of the Board
James Parker, Former CEO
Southwest Airlines
Jonathan Tisch, Chairman & CEO
John Paul DeJoria, Co-Founder & President
John Paul Mitchell Systems
Richard M. Schulze, Founder & Chairman
Best Buy Co., Inc.
Ron Shaw, Former President & CEO
Pilot Pen Corporation
George A. Cloutier, Chairman & CEO
American Management Services
Profits Aren't Everything, They're The Only Thing, Author
Roger Berkowitz, President & CEOLegal Seafoods, Inc.
Sara Blakely, Founder
Danny Wegman, CEOWegmans Food Markets
Linda Kaplan Thaler, CEO
The Kaplan Thaler Group, Ltd.
George Duke, Co-Owner & Chairman                                                            Zippo Lighters/Zippo Manufacturing
Brian Scudamore, Founder & CEO1-800-GOT-JUNK?
George SchlatterLegendary TV Producer
Richard Thalheimer, Founder, Chairman & CEOThe Sharper Image
Tommy Lasorda, Sr. Vice PresidentSpecial Assistant to the Chairman
Los Angeles Dodgers
William Rosenberg, Founder
Dunkin Donuts
International Franchise Association
Paul Orfalea, Founder
George Shapiro
Legendary Talent Manager
Seinfeld, Executive Producer
William J. Gilbane, Jr., President & COOGilbane Building Company
Bobbi Brown, CEOBobbi Brown Cosmetics
James F. McCann, Founder & CEO
James H. Amos, Jr. Mail Boxes Etc., Chairman Emeritus
Tasti D-Lite LLC, Chairman & CEO
William Austin
Starkey Laboratories, CEO
The Starkey Hearing Foundation, Founder
Arthur Agatston, MD, Creator The South Beach Diet
Robert Shapiro, Esq.
Robert Macauley, Founder
Ellen Gordon, President
Tootsie-Roll Industries, Inc.
Howard Henschel, President & CEO
Norman's Hallmark Group
Kenneth Feld, Chairman & CEO
Feld Entertainment
Ringling Bros. and Barnum & Bailey Circus; Siegfried & Roy; Disney on Ice
Judge Joe Brown/Judge & Television Show Host                                       Judge Joe Brown                                 
Alex Spanos, Owner
NFL's San Diego Chargers
A.G. Spanos Companies
Leo Hindery, Jr.
InterMedia Partners, Managing Partner
AT&T Broadband, Former CEO
B. Thomas Golisano, Founder & Chairman
Paychex, Inc.
Steve Sheetz, Chairman
Sheetz, Inc.
Stanton Sheetz, CEO
Sheetz, Inc.
Robert Schober, Founder
Super-Dog Pet Food Company
William F. "Rick" Cronk, Retired PresidentEdy's Ice Cream
Knight A. Kiplinger, Editor-in-Chief,The Kiplinger LetterKiplinger’s Personal Finance Magazine KiplingerForecasts.com
Derek C. Hathaway, Chairman & CEO Harsco Corporation
Richard H. Lenny, Chairman, President & CEO
Hershey Foods Corporation
Rocco Ortenzio, Executive Chairman
Robert Ortenzio, CEO

Select Medical Corporation
Jim Perdue, Chairman
Perdue Farms Incorporated
Maria Rodale, Vice Chairman of the Board
Rodale Press
Warren Cowan
Warren Cowan & Associates, Chairman
Rogers & Cowan, Co-Founder
Miguel Forbes, V.P. of Business Development Forbes, Inc
Peter Newcomb, Senior Editor Forbes Magazine
Professor John A. Davis
Harvard Business School
John Eldred, Co-Founder
Wharton School’s Family Business Program
University of Pennsylvania

Transition One Associates, Founder
John Mackey, Founder & Chairman
Whole Foods Market
Dick Van Patten, Founder
Natural Balance Pet Foods, Inc.
Dr. Robert H. Schuller Crystal Cathedral
Brian Devine, Chairman PETCO
Michael Rice, CEO
Jane Rice, Vice President of Public Relations

Utz Quality Foods, Inc.
Ross Born, Co-CEO
Just Born, Inc.
David Shaffer, Co-CEO Just Born, Inc.
Anne Beiler, Founder & CEO
Auntie Anne's Pretzels
David Oreck, Founder and Chairman
Oreck Corporation
Paul Dowling, Creator & Executive Producer
Forensic Files Television Program
Ed Friendly, Executive Producer/Creator
Little House On The Prairie Television Series  
Roy Clair, II, President
Clair Brothers
David M. Ritz, Chairman & CEO
Ritz Camera Centers, Inc.
George Parmer, Founder
Residential Warranty Corporation
Fine Line Homes Incorporated  
Howard Henschel, President & CEO
Norman's Hallmark Group
Steve Zuckerman, President/ Co-FounderIan Ruzow, Vice President/Co-Founder
Bob Zuckerman, Secretary/Treasurer/Co-FounderClipper Magazine Inc.
Charles "Tremendous" JonesAn American InspirationExecutiveBooks.com
Tami Longaberger, President & CEOThe Longaberger Company
Nell Newman, Director
Newman’s Own Organics
Gary Heavin, Founder & CEO Curves International, Inc.
John Davis, Founder, Chairman and CEO
Davis Entertainment Co.
Stone Canyon Venture Partners, LP , Managing Director


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