Red Tape is Killing Innovation

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Next time you need some work done on your house, try this:

Say you need some brush cleared, and you find a local landscaper to come and do the work. As soon as the work is done, and you're handed the bill, say,

"Great job! Now, I have a policy of paying contractors on a Net-120 day term. So, I'll send you a check in six months. If you need the money sooner, I'll be happy to deduct a convenience fee of 2-5% from the total for each month less than 120 days. Also, I am going to need to keep that rake and hedge trimmer, too. You used it on my property, so really it belongs to me now. Sound good?"

If you can, take out your phone and snap a picture of their face when you deliver these terms. It'll make a good meme…

Check out the full LinkedIn article here.