The best path upwards to prosperity for every nation lies in entrepreneurship. The G7-G20 Group Of Nations recognizes this, and is producing a global summit on the subject.
All value is subjective. But often, when an exchange is to be made, a numerical value is required. It’s a special kind of economic calculation, what Bharat Kanodia terms “a subjective opinion based on objective facts”.
Business schools and many management consultants and practitioners continue to think in the logic and structures of the Industrial Age. Inverting every element of that thought pattern produces new insights.
Family businesses play a major role in the US economy. According to the Conway Center, family businesses comprise 90% of the business ventures in the US, generate 62% of the employment in the nation, and deliver 64% of US GDP. And, they’re good at venture capital.
The political society in which we are mired is undesirable and unsustainable. The entrepreneurial society offers a much better outlook.
Entrepreneurship is a method, and it’s also a mindset. Fabrice Testa has written a book that brilliantly integrates the two: he calls the integration “Super Entrepreneurship,” and his book title is therefore Super Entrepreneurship Decoded.