The entrepreneurs who supply the energy are unified in the principles and practice of creating value. In today’s interconnected world, the customer might be on one side of the globe while the producer is on the other, or the interaction could take place in a village marketplace. It’s all entrepreneurship.
Every company starts as an innovation. Thereafter, the unceasing challenge is to keep innovating because the market continues to change, technology continues to advance and, crucially, customer expectations continue to rise.
EZones provide a new entrepreneurial pathway to reducing poverty in deprived communities, wherever in the world they might be located.
Successful entrepreneurs are Austrians, they just don’t know it yet. This is a famous assertion from Dr. Per Bylund, and we dissect its meaning in the latest Economics For Business podcast.
Have you ever been subjected to the kind of test that HR Departments use to put you in a personality type box or determine your strengths and weaknesses? Entrepreneurship is not a personality type, it’s a form of systems thinking.
Entrepreneurial businesses acknowledge and understand the inevitability of boom-bust cycles in the Fed-manipulated economy. But they refuse to be defeated or even deterred.