What if the generalized approach to life was something like this: my most fulfilling and most profitable pathway is to first help other people – make their life better – and thereby help myself to a better life. This is not the generalized approach today. It’s more common for people to think that they live […]
Researchers into entrepreneurship have a powerful incentive to identify new insights about how businesses grow and thrive.
Consumer sovereignty is a principle of Austrian economics. Here’s how entrepreneurs apply the principle in business, as told by Martin Lünendonk, co-founder of FounderJar.com, as well as Finance Club and Cleverism.com.
Entrepreneurship has not been valued the way it should be. Sure, we read about and hear about the outliers of venture-capital funded unicorns, and the spectacular wealth of entrepreneurs like Jeff Bezos and Elon Musk. But the most important entrepreneurship is represented by the tens of millions of so-called small businesses in the US. As […]
Six ways — selected from many — that businesspeople can derive more insightful knowledge and perspective from Austrian economics than from traditional Business School teaching.
“Small business” is just a government classification. Entrepreneurial businesses serving well-defined communities via creative specialization exhibit enormous economic productivity, energy and dynamism. Such businesses can not be defined quantitatively as small, medium or large. They’re defined by their qualitative impact on their customers’ lives. Download The Episode Resource Ramon Ray’s Entrepreneurial Communities – Download Key […]