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Small Business

The Mayflower Compact and Small Business Success

By Economy, Small Business, Success

Episode #13 – In this episode, Barry Farah tells the story of the Mayflower Compact, who wrote it and why. The Compact was to be signed by those on the Mayflower who wished to remain in the New World. The Mayflower Compact uniquely implemented the concept of equal treatment for all under the law. This idea enabled a whole new way of life and doing business in this New World and ultimately influenced our Constitution. Barry Farah describes how unique America has been in the world in respecting private property rights. This led to unprecedented legal immigration for decades as people sought the opportunity that could only be found in this America. Barry Farah conveys the government’s recent shift toward picking winners and losers in the marketplace during the COVID-inspired shutdowns. Barry expresses the need for our country to find its way back, allowing small companies to have the same access and equal treatment, which led to our success in the first place.