163. Joe Matarese: Medical Tyranny and Its Entrepreneurial Solutions (Part 2, The Solution)
In episode #162 of the Economics for Business podcast, Joe Matarese described the nature and cause of the healthcare problems we face. In episode #1…
eGPS Pin: Capital / Resources Design & Assembly
162. Joe Matarese: Medical Tyranny and Its Entrepreneurial Solutions (Part 1, The Problem)
Medical care in the US exemplifies how the perverse effects of accumulated, self-reinforcing economic errors can render a system dysfunctional for con…
Design Is The Process That Links Your Imagination To Your New Marketplace Offering.
Entrepreneurship is a design process that begins with imagination and then employs design artifacts (tools, processes, templates, plans, prototypes, l…
Opportunities As Artifacts And Entrepreneurship As Design.
Design is the bridge between theory and practice, and between imagination and the market. It's the way entrepreneurs overcome uncertainty. Resolving u…
Opportunities As Artifacts And Entrepreneurship As Design – ENCAPSULATION
How does a business progress from an imagined opportunity - such as a new benefit for a customer, a new market to enter, or a new product or service c…
Capital and Resources Design And Assembly
Capital and resources are valuable when they are generative: they generate a flow of preferred goods and services to the customer, which flows back to…
Private vs. Public Venture Capital
Avoid accepting government funding of any sort and learn the key differences between private versus public VC. Avoid accepting government funding of any sort, and…
129. Samuele Murtinu on How and Why Governments Fail in Venture Capital
Dr. Samuele Murtinu joins the Economics For Business podcast to explain both how and why governments fail in their best efforts to help entrepreneuria…
Capital Structure and Capital Flexibility
Entrepreneurs designing a firm’s capital structure should view their choices through the twin lenses of ownership and control. Debt and equity are the basic choices…
Interventionism is Bad for Business
Read through the graphic and reviewnit often whenever faced with a decision regarding accepting government support. Read through the graphic and review it often whenever…
Capital and Applying it to Your Business
Focus on the value facilitating from consumers who generate capital flow, measure flows in dollars, be a master appraiser and know your asset productivity, set…
Recombining capital assets for increased returns and increased profit.
This news article from www.telegraph.co.uk details how recombination and reallocation of capital resulted in an increase in ROC (Return On Capital) from 5 per cent…
Defying Knowledge Constraints with Crowds and Marketplaces
Every entrepreneurial business is a knowledge process. Businesses need to know what problems customers want to solve and the best means to solve them. However,…
How Entrepreneurs Optimize Attributes and Timing in Their Asset Combinations
The task of an entrepreneur is to specify combinations of assets to meet consumer preferences. Since these preferences are ever-changing, asset combinations need to be…
Entrepreneurial Flywheel
Find intrepid finance from financiers who are strong supporters of your vision, this includes friends and family. However, avoid banks because they are only interested…
Identifying Potential
Observe patterns in potential employees and look for the qualities that align with your company culture. Observe patterns in potential employees and look for the…
Austrian Capital Theory
Reorganize your business structure by applying Austrian Capital Theory in a modern and cutting edge manner. Reorganize your business structure by applying Austrian Capital Theory…
PROFIT Resource Based Theory of Entrepreneurship
Planning tool – use as a checklist at critical planning juncture. Planning tool – use as a checklist at critical planning juncture.
87. Professor Matthew McCaffrey: The Austrian Definition of Capital and its Application for the Health of Your Business
Key Takeaways and Actionable Insights An understanding of the Austrian definition of capital is tremendously useful to all business owners and managers. What is capital?…
63. Dusty Wunderlich on FinTech Financing: Entrepreneurs Helping Entrepreneurs
FinTech sounds like the latest over-hyped tech bubble. But it has a much more fundamental importance in entrepreneurial economics. It brings entrepren…
Austrian Capital Theory Provides Principles Of Capital Allocation Every Entrepreneur Can Apply Right Now.
Why do we make the case that Austrian Economics is the best resource an entrepreneur can use to grow their business? Because the principles of Austria…
Mainstream Economists Favor Efficiency. That Should Not Be A Goal – It Should Be Avoided.
What does an economy do? Modern economics suggests it is about [production] efficiency, and develops models for assessing the degree to which it is achieved…
19. Per Bylund: ACT! How To Apply Austrian Capital Theory In Modern Organizational Design, Contemporary Business Structure, and A High Response Business Model
Austrian Capital Theory (ACT) sounds arcane, academic and complicated. In fact, it’s the key to modern organizational design, cutting edge business …
18. Steven Phelan on How To Assemble A Winning Combination Of Resources
Austrian Capital Theory holds that capital assets are heterogeneous and complementary. In business language, that means an entrepreneur can assemble s…
8. Will Dinkel on Everyday Applications of Artificial Intelligence
We talked to Will Dinkel, CEO of Nova.ai, an intelligent platform for outbound sales and marketing – and a great example of A.I. as a…
