As an entrepreneur, I would like to assist you in avoiding the restaurant’s unavoidable demise from the previous scenario. Now, let’s examine the four main arguments against combining business and politics. These factors are all related to one another and ought to occur in that order.
1. Your company could lose clients.
A significant loss of Locksmith Ninja clients is the first thing that may occur if you openly display the flag of your political party everywhere in your establishment. Using the presidential election as an example, fundamental mathematics may be used to illustrate the reasoning. For the sake of simplicity, let’s assume that half of your clientele voted for Donald Trump and the other half were Republicans and supported Joe Biden. Should you display campaign materials from either party in your storefront windows, there’s a good chance that half of your customers who back the other party would be insulted and unlikely to come back.
2. Your company could fail
The third compelling argument against entrepreneurs getting involved in politics is the risk to their companies’ survival. This rationale often arises from the combination of the preceding two ideas. Businesses will lose money if a large number of their clients disappear. They may have to close their doors if they see a significant decline in sales.
3. Your individual fortune can be at risk.
The potential damage to their own riches is the fourth compelling argument against entrepreneurs being involved in politics and business. Even after a business closes, the owner still has to have a way to pay her expenses. She will most likely need to find another employment right away if she has no other source of money.
4. Don’t discuss politics with others.
In conclusion, there are four main reasons you shouldn’t combine business and politics: your company may lose clients; it may earn less money; it may fail; and it may negatively impact your own fortune. Many people are thinking a lot about politics in these extraordinary times. Even inside the close family, there may be passionate disputes.