Last week, I wrote that in order to save our economy and culture we need more entrepreneurs to emulate Ayn Rand’s fictional hero in Atlas Shrugged, John Galt . Certainly, emulating Galt is a challenge as he is a fictional hero who seems larger-than-life. But it is hardly an impossible feat; the late billionaire co-founder of Apple, Steve Jobs, was a true-to-life John Galt.
If you are an entrepreneur, I challenge you to pick the role model you most identify with—Galt or Jobs—and take action before you lose your profits, freedom and ability to innovate.
Become involved in public policy
Entrepreneurs can no longer stand by and “take it” when the federal government unveils excessive taxes and regulations. Instead, they must push Congress for their overhaul.
Repeat this loudly if you are an entrepreneur: "Get the hell out of my way!" This was Galt's response to the government puppets trying to control him. Jobs, a lifelong Democrat, also took this attitude toward the federal government. Jobs told Obama that he needed to ease up on regulating businesses and catering to unions or American jobs would inevitably flow to China. He also challenged Obama’s notion that every American should get a (taxpayer-subsidized) four-year college degree. Galt too balked at how higher education was becoming a branch of the state.
Both Galt and Jobs believed that entrepreneurs, not the federal government, should retain ownership and oversight over production. If the government is telling you as an entrepreneur how to run your business or if you are spending more time filling out forms for government inspectors than you are growing your business, then you must speak up.
‘The guilt is ours… If we who were the movers, the providers, the benefactors of mankind, were willing to let the brand of evil be stamped upon us and silently to bear the punishment for our virtues—what sort of “good” did we expect to triumph in the world?’ steel magnate and friend of Galt, Henry Rearden, ponders in Atlas Shrugged.