Socialism favors big business; capitalism is entrepreneurial.
Socialist economies have historically favored big business and kept them heavily subsidized to keep them close to the central plan.
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The Value Creators Podcast Episode #3. Jason LaBaw: Culture And Technology Amidst High-Speed Change
You need two types of knowledge to succeed in the business world- specialized technical knowledge and deep customer knowledge. This will allow you to create uniquely valued experiences tailored to your customers and thus build a thriving business.
Jason LaBaw, as the founder and CEO of Bonsai Media Group and a pioneer in web development, AdWords, Google Analytics, and Umbraco development, has accumulated over 18 years of industry experience, client service, and strategic leadership in the digital world, has become an expert in combining technical and customer knowledge to scale.
In this episode, Jason touches on how he believes the future will look and what principles he is certain will be invaluable to thrive in a futuristic economy-such as empathy, panning, and budgeting.
The Value Creators Podcast Episode #2. John M. Jennings: Mental Models Are The Uncertainty Solution
In a complex world full of uncertainty, all businesspeople and entrepreneurs can draw guidance from shared mental models that help us make better choices. John M. Jennings took this advice to heart and developed a latticework of mental models for financial investing and any other business discipline, which he explained and expanded on in his book The Uncertainty Solution: How To Invest With Confidence In The Face Of The Unknown.
John is a premier thought leader in the wealth management industry and President and Chief Strategist of St. Louis Trust and Family Office, a $15 billion national investment firm. He is also an adjunct professor at Washington University’s Olin School of Business in its Wealth and Asset Management Graduate Program.
In this episode, he not only teaches why we always look for certainty and how we can be aware of certain pitfalls we fall into while dealing with uncertainty but also how to navigate uncertainty to not only come out unscratched but profit from it.
Entrepreneurship: The most important – and misunderstood – economic function for all businesses.
Entrepreneurship is not startups and shoot-for-the-moon risk taking. It’s te new managerial method of the digital era.
214. Professor Shawn Ritenour: The Vital Role Of The Entrepreneur In Economic Development
Entrepreneurship is well-defined in economics, and well-recognized as the engine that drives economic growth. That means people enjoying greater well-being, including but not limited to material prosperity.
213. Sharekh Shaikh On The Digital Revolution In Market Research
Market research is a tool for gathering data about customers and consumers that businesses hope will lead to insights about their behaviors and preferences that can be translated into innovation, better service and better business performance.