Here’s How Small Business Will Take Over The Planet.
People prefer to deal with those they know, like and trust. Small business can win big on these three fronts. More and more customers will make the ch…
Tag: Economics for Entrepreneurs
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…
How Murray Rothbard’s Theory of Entrepreneur-Driven Progress Can Be Applied to Modern Businesses
In chapter 8, Rothbard establishes the principles of what he calls the progressing economy, one in which gross investment in capital goods is increasi…
Where’s The Profit In Digital Innovation? It’s In Reduced Transaction Costs.
The new era of low transaction cost digital service provision is, in Munger’s telling, a revolution, as significant as the Industrial Revolution in …
Entrepreneurs Bring Economic Progress – Which Is Far More Important To People Than GDP Growth.
Progress in one area leads to progress in others. Life gets better. Progress is not brought to us by managers striving for efficiency, but by entrepre…
Entrepreneurial Initiative Beats Corporate Innovation Process Yet Again. When Will They Ever Learn?
The future of innovation lies squarely in the initiatives of the independent, interconnected entrepreneur. As new technologies like A.I. and global id…
