RE: [web-126] Hillsborough County and $15M

From: Brian F.
Sent on: Friday, March 16, 2012 3:33 PM

Hogwash…

 

The 15% of startups that succeed could make millions for their owners (heard of Bill Jackson’s?). That’s millions that will likely stay in the local economy.

 

The “jobs” that Bass Pro Shops create will not create any real wealth for anyone in Hillsborough county.  Peanut slave wages. As soon as the money comes into the store it will get wired out faster than a largemouth hitting a nightcrawler.

 

Some opinions aren’t worth two cents…

 

Bri

 

Concerning Bass Pro Shops and the $15m investment by the county:

(it’s corporate welfare for a company that makes millions)

 

I hate to say this, but more often than not, this is a great move by local governments.  It's good business sense!  Why?  Because right way, it will add about 100+ new jobs to the economy (assuming they don't build a new building, (if you spent 15 million dollars on digging holes it would create jobs too) I'm sure they would do; which means even more money) and a new proven business that pays loads of taxes (property, payroll, etc.)  Then, there is the trickle down theory.  (how exactly does this help the small tackle shop?) For example, 100 new jobs translates into approximately 20 new cars, 100 auto insurance policies, and 1,200 pizzas a year.  (let’s just have a pizza party instead) Well, you get the idea.  I'd guess the payback on that 15 million is less than 3 years.  I'd bet the 'contract' stipulates that Bass Pro has to stay in the area for anywhere from 10 to 20 years.  (in 20 years we turn into Pottersville) Honestly, this is smart government.

 

The great thing about Bass Pro Shops is that vacationers travel hundreds of miles to wander down their isles (fantasy).  I'd estimate that approximately 50% of their revenue is from people who don't live in the area?  Why is that important?  (it’s called tourism and local tackle would get these customers otherwise) shops Because that means tons of additional revenue (hogwash.. where is the proof of that) (and taxes) with no accompanying service load (i.e no schools to build, etc.).  Plus, visitors eat, sleep, drive, buy gas, go to movies, etc.(crazy talk)  This means lots of trickle down money for the local economy. (more like trickled on)

 

What surprises me is that they'd even consider putting it in Hillsborough.  I'd think given the closer proximity to the water that St. Pete would be a much wiser move on their part.  But I digress...

 

Now, compare that to spending 15 million on local startups....  Well, guess what?  Startups fail.  At a rate of about 85%.  So, what's that?  About 2.25 million?  Then, throw in the cost to administer such a program and what would we really be getting?  1.8 million?  As a tax payer, this doesn't seem to be such a wise use of my money.

(when you help a startup’s competitor you hurt the startup)

Don't get me wrong, (but you are) I'm extremely pro-startup.  (but you aren’t) But, I don't think county governments have the expertise necessary to manage such a program.  (who asked them?) Hey, I don't think churches should get in the startup business either.  The environment for startups in Florida seems to be halfway decent.  The state of Florida has a matching funds program.  Plus, add all the venture capital groups in town and the 'high tech corridor' program and this area provides loads of opportunities for us startups.

 

Well, that's just my $.02 worth.

Thanks!

Mike B.

 

 

 

From: [address removed] [mailto:[address removed]] On Behalf Of Peter Sysko
Sent: Friday, March 16,[masked]:31 PM
To: [address removed]
Subject: Re: [web-126] Hillsborough County and $15M

 


wow

 

mike b  is right about this

and he proved it well

standing against the

swarm of complainers. 

cheers

 

many of us would tend to align our

arguments to those that could benefit our personal lives much

easier than the side that would makes us a smaller stakeholder.

there is no reason why a bunch of tech geeks should win over a proven business model for grant money on those descriptors alone

 

Wanting to believe that is a horrible government idea

doesn't make it one

 

one key virtue in life and business I've learned is to take your share of the world while letting other people have theirs. both are required or else it's not fair 

 

oh and doesn't anyone try

save and invest money from their customers and clients anymore for launching new startup ideas?

 

thank for your time. all

 

 

 

 

Regards,

               ~ Peter S. Sysko                                    

                    

 

"Unless someone like you cares a whole awful lot, nothing is going to get better. It's not."

                                 - the Lorax

          by Theodor Seuss Geisel

                           


On Mar 16, 2012, at 10:15 AM, "Mike B.." <[address removed]> wrote:

Concerning Bass Pro Shops and the $15m investment by the county:

 

I hate to say this, but more often than not, this is a great move by local governments.  It's good business sense!  Why?  Because right way, it will add about 100+ new jobs to the economy (assuming they don't build a new building, which I'm sure they would do; which means even more money) and a new proven business that pays loads of taxes (property, payroll, etc.)  Then, there is the trickle down theory.  For example, 100 new jobs translates into approximately 20 new cars, 100 auto insurance policies, and 1,200 pizzas a year.  Well, you get the idea.  I'd guess the payback on that 15 million is less than 3 years.  I'd bet the 'contract' stipulates that Bass Pro has to stay in the area for anywhere from 10 to 20 years.  Honestly, this is smart government.

 

The great thing about Bass Pro Shops is that vacationers travel hundreds of miles to wander down their isles.  I'd estimate that approximately 50% of their revenue is from people who don't live in the area?  Why is that important?  Because that means tons of additional revenue (and taxes) with no accompanying service load (i.e no schools to build, etc.).  Plus, visitors eat, sleep, drive, buy gas, go to movies, etc.  This means lots of trickle down money for the local economy.

 

What surprises me is that they'd even consider putting it in Hillsborough.  I'd think given the closer proximity to the water that St. Pete would be a much wiser move on their part.  But I digress...

 

Now, compare that to spending 15 million on local startups....  Well, guess what?  Startups fail.  At a rate of about 85%.  So, what's that?  About 2.25 million?  Then, throw in the cost to administer such a program and what would we really be getting?  1.8 million?  As a tax payer, this doesn't seem to be such a wise use of my money.

 

Don't get me wrong, I'm extremely pro-startup.  But, I don't think county governments have the expertise necessary to manage such a program.  Hey, I don't think churches should get in the startup business either.  The environment for startups in Florida seems to be halfway decent.  The state of Florida has a matching funds program.  Plus, add all the venture capital groups in town and the 'high tech corridor' program and this area provides loads of opportunities for us startups.

 

Well, that's just my $.02 worth.

Thanks!

Mike B.

 

 

 


From: Brenda Young <[address removed]>
To: [address removed]
Sent: Thursday, March 15,[masked]:25 PM
Subject: Re: [web-126] Hillsborough County and $15M

 

This is an issue that should be near and dear to the hearts of everyone on this list. How many people with great ideas who could implement quickly and successfully have we seen over the years who struggled to get funding?

 

...and seriously, retail jobs from a company that would probably come here anyway? They can't even hide behind calling it a 'safe' choice. This is just mindless and clueless on the part of people who should be focused on high-end jobs that create 6 additional jobs.

 

 

-Just my $0.02  -- What does everyone else think?

 

 

 

 

 

--Brenda

On Thu, Mar 15, 2012 at 4:18 PM, Peter <[address removed]> wrote:

So Hillsborough Count is dangling a carrot in front of Bass Pro Shops.
A $15 Million carrot to get them to open a store in Brandon.

Not for nothing, but couldn't that $15M be put to better use?

Is there really the jobs we want? Chain Retail stores and call centers?

$50,000 grants or loans to 300 start-ups would create 600 REAL jobs immediately!

Nice editorial about it here:
http://www.tampabay.com/opinion/editorials/article1220078.ece

Could you contact your County Commissioner, please?
http://hillsboroughcounty.org/bocc/

Original article:
http://www2.tbo.com/news/breaking-news/2012/mar/14/memeto1-county-casts-15m-to-lure-bass-pro-ar-368910/

Thanks!

Peter



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