eGPS Pin: Imagination
Opportunities do not exist in any objective sense. They are not “out there” for entrepreneurs to seize or to compete for. The role of the entrepreneur is to imagine a set of future conditions in which customers are more satisfied than today, and which the entrepreneur can organize for a profitable outcome. Imagination is the entrepreneur’s first resource.
98. Mark Packard’s Empathic Mental Model for Predicting Future Customer Value
Empathy, properly employed, is a robust business tool that smart entrepreneurs use to design winning value propositions. Download The Episode Resource Empathy As A Process…
Entrepreneurs Are Those Who Refuse To Accept The Status Quo – In Business, Politics, Institutions And Society.
Entrepreneurs refuse to accept the status quo. Their function is to create new economic value for their customers, and thereby to profit for themselves, both…
The Ethic Of Entrepreneurship.
What if the generalized approach to life was something like this: my most fulfilling and most profitable pathway is to first help other people –…
96. Vishal Gupta and the Nobel Prize For Entrepreneurship Research
An Economist Uncovers A New Market Trend: The Rise of the DIY Consumer-Entrepreneur.
[postintro]This article continues the occasional series from Professor Raushan Gross on The Institutions Of Entrepreneurship. Entrepreneurship is a powerful pathway to innovation, growth, prosperity, and…
Unsure Of Your Direction In These Turbulent Times? Entrepreneurship Can Provide All The Answers You Need.
2020 has been a strange year. My friend Ben always asks me, “Is the world crazy enough for you today?” He knows I nurture the…
What’s The Ideal Age To Be An Entrepreneur? Let Market Conditions Decide.
[postintro]This is the first article in an occasional series from Professor Raushan Gross on The Institutions Of Entrepreneurship. Entrepreneurship is a powerful pathway to innovation,…
92. Clay Miller: 5 Austrian Principles Applicable to Your Business Today
The Epic Calling Of The Entrepreneur.
Many of us feel the pull of contributing to something “bigger than ourselves”. It could be a cause, a charity, a movement, a great project.…
86. Allan Branch: Entrepreneurs Are Authors Writing Their Own Story
83. Clay Miller: An Entrepreneurial Journey to New Lands, New Organizational Designs and New Value
Why All CEO’s Can Benefit From A Familiarity With The Austrian Business Model.
For our Economics For Business initiative, we have adopted the motto: Think Better, Think Austrian. Everyone in business can benefit from studying and understanding the…
81. Dr. Keith Smith: The Free Market Medical Association Brings Entrepreneurship to Medical Services
Meaning In Life Is Critically Important To Well-Being. Entrepreneurship Is A Key Route To Get There.
Podcast Transcript: Clay Routledge (Professor of Psychology, North Dakota State University and Director, Existential Science Laboratory) and John Bitzan (Director of the Sheila and Robert Challey Institute…
80. Clay Routledge and John Bitzan: Entrepreneurship Brings Meaning and Purpose to Life
What Is A Business Model? It’s Not What You’ve Been Told.
What is a business model? It’s a question asked frequently on Google Search, so there must be doubt in businesspeople’s minds. The reason for the…
79. Steven Phelan on the Many Different Entrepreneurial Journeys
78. Per Bylund Introduces the Austrian Business Model
Entrepreneurship Brings Us Optimism For The Future, Despite The Depredations Of Government.
Jeff Deist recently argued the case for economics over politics in his talk “Markets vs. Mobs.” I believe markets will prevail, and here’s why. Our…
Per Bylund Introduces The Austrian Business Model.
Podcast Transcript: Conversation With Economist Dr. Per Bylund; August 11, 2020 Listen to the full episode here. Hunter: Per, welcome again to Economics for Entrepreneurs.…
75. Jason Whitlock: A Values-Driven Entrepreneur Shares Ten Principles for Success in the Highly Competitive World of Sports Content
74. Raushan Gross on The Inspiring Life and Beneficial Impact of Entrepreneurs
68. Steve Phelan Explains Why Entrepreneurial Intelligence Beats Artificial Intelligence
64. Per Bylund: Avoid The Errors of UNtrepreneurship.
61. Yousif Almoayyed: Good Business Ethics Are Simply Good Business
We Need More Entrepreneurs To Encourage More Entrepreneurship And A More Dynamic Economy.
Most of the market activities in which entrepreneurs are engaged are readily seen. People buy and sell things or provide services at locations to paying…
54. Steve Mariotti: Teaching Entrepreneurship as the Universal Route to a Better Life.
53. The Entrepreneurial Ethic: What Drives Entrepreneurs to Create the Future?
49. Paul Tenney’s Global Entrepreneurial Journey Leads To Database Technology Success in Asia
On this week’s Economics For Entrepreneurs podcast, Paul Tenney describes and explains the 8 stages of his international journey to start, grow and manage a customer-success…
48. Chris Casey’s Journey To A Distinctively Austrian Financial Services Business
47. John Chisholm’s Tools And Techniques For Success In The Entrepreneurial Process
40. Peter Klein: 10 Fundamentals Of Economics On Which To Build A Successful Customer-First Business
39. Rick Rule: Deep Understanding of Markets Opens a Pathway to Entrepreneurial Leadership
37. Curt Carlson’s Systematic, Repeatable Process to Generate Customer Value
35. Chris Wilton’s Recipe for Success
33. Isabel Aneyba: Listening From the Heart and the Techniques of Empathy
27. Cheryl and Cliff Pia on the Economics of Creativity
24. Dr. Smita Bakshi: An engineer, passionate about her mission, makes an impact by combining what the world needs and what the world will pay for.
Definition of Entrepreneurship From Library Of Economics And Liberty
An entrepreneur is someone who organizes, manages, and assumes the risks of a business or enterprise. An entrepreneur is an agent of change. Entrepreneurship is…
23. Per Bylund on Entrepreneurial Strategy
17. Yousif Almoayyed on How Austrian Economics Can Make You A Better Businessperson
16. David Nordfors on the Huge Entrepreneurial Opportunity of the People-Centered Economy.
Value Innovation Pathways
Creating a company culture centered around values and integrity increases consumer value. Create a company culture centered around values and integrity. Draft a list of…
15. Jeremy Vesta On How To Create Differentiated Value In Seemingly Undifferentiated Markets.
12. Lisa Stevenson on Organizational Psychology And The Entrepreneurial Personality
In our ongoing project to build a solid bridge between the theory and practice of entrepreneurship, we explored the connection between organizational psychology and the…
10. Ed Pletner Applies Alertness, Discovery, and Capabilities-Based Strategy to Start, Manage, and Grow His Firm
Ed Pletner talks with Hunter Hastings about applying these economic concepts to start, grow, and manage a thriving and highly differentiated business. Show Notes Entrepreneurial…
9. Peter Klein on Entrepreneurial Decision Making
6. Ricky Porco on Types of Entrepreneurs
At Economics For Entrepreneurs, we believe that everyone can be an entrepreneur, should they choose to do so. It may take you some time to find exactly…
5. Peter Klein on Empathy for Entrepreneurs
Today we talked with Peter Klein about empathy – a critical tool in the entrepreneur’s toolbox. It’s through empathy that entrepreneurs can get into the…
4. Bob Luddy on Entrepreneurial Specialization
It’s a fallacy for an entrepreneur to believe in chasing the biggest possible audience or the largest possible market. Why? Because your business will get…