Bob Luddy is founder and CEO of CaptiveAire (CaptiveAire.com), the US market leader in commercial kitchen ventilation systems. It’s a $500MM+ business with 1,000+ employees and a 40+-year success record. Bob explains to Economics tor Entrepreneurs how these principles of Austrian economics, applied as active processes, played a part.
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Peter Drucker is famous for, among many other pieces of business wisdom, his statement that “there is only one valid definition of business purpose: to create a customer”. That’s a statement with a lot of punch and a lot of clarity. It dismisses all the contemporary alternatives in the debate about the purpose of business […]
What Do Entrepreneurs Need to Succeed In Business?
Some people are born with personality traits and abilities that enable them to become successful entrepreneurs – passion, boundless energy, innovative ideas and plans on how to execute them.
There’s one thing none of them are born with – business experience!
That’s where I’m trying to help. I’m fortunate to have experienced success in starting and growing businesses throughout my career, and now I’m trying to share the tools, resources, and knowledge that I’ve gained along the way with entrepreneurs who are eager find their own success.
Economics for Entrepreneurs
A podcast based on the winning principle that entrepreneurs need only know the laws of economics plus the minds of customers. After that, apply your imagination. Browse Podcast Episodes