NOVEMBER 27, 2013

Is the high cost of U.S. labor killing American small business?

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Seventy eight percent of small business owners have ZERO employees.  It’s not that they don’t WANT to hire employees.  Of course they do, since they desperately want to succeed.  The problem is twofold:

1. The “business growth” tasks required prosper are often deceptively simple, yet beyond the grasp of the typical small business owner who is racing 100 mph, trying to do everything themselves.

2. Small business owners must generate at least $164,000 in annual sales, all by themselves … to financially justify hiring ONE full-time employee to help take their business to the next level.
“The surprising irony for many small business owners is that hiring inexpensive overseas workers to help with the administrative tasks of growing their business is the path to profitability which allows them to hire skilled U.S. employees,” states Ric Thompson, CEO of

While some may argue that outsourcing basic tasks is stealing American jobs, Thompson is passionate that the polar opposite is true.

“The most successful business owners I know are those who selectively outsource basic tasks to overseas workers, allowing them to focus their energies on growing sales. Rather than dummying down the American workforce, the exact opposite happens.  These entrepreneurs flourish, and end up hiring highly skilled U.S. employees which contributes to the economic well-being of our country” continues Thompson.

The challenge for many entrepreneurs is discovering which tasks to outsource, so they can focus on growing their business.  Mr. Thompson has pointed hundreds of entrepreneurs in the right direction, guiding them through the process of which business tasks to outsource (for as little as a few hundred dollars per month).

Ric be reached at