Friday, January 30, 2009

Where the Jobs Will Be

Heretofore, businesses sold mainly to consumers (B to B) or to other businesses (B to C.)

Under the new Obama/liberal Congress/liberal media regime, the U.S. is fast moving toward becoming a much more centrally run economy. So the largest or certainly fastest growing segment will be B-to-G: business-to-government. The federal government will be issuing large numbers of requests for proposals from private businesses.

The implications:

1. If you run a business, consider becoming a federally certified contractor. To learn how, click this link and/or this link

Government-contracting opportunities will likely be best in federal, not state or local government because the federal government can print money and has more sources of tax and fee revenues that can be increased. That's why so many states and municipalities are now joining the bailout conga line at the federal government tax-dollar trough.

2. If possible, become a woman-owned or especially a minority-owned business. That will give you priority over white-male-run businesses. So, if you are a white man, consider getting a partner who's a woman or a minority, ideally both. Here's a link to the federal goodies set aside for women. Here's a link to federal goodies set aside for minorities.

3. If you're a job seeker, seek work at such contractors (find your local ones here by searching on your zip code) or for the federal government. The professional-level federal government job titles that are already hot and seem poised for the greatest growth: management analyst, program analyst, budget analyst, , IT management specialist, financial administrator, inspector, investigation and compliance officer.

One cautionary note: This article cites growth in government contracting but reports that profits in such businesses are often not as obscene as the public thinks.

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