Adaptive Entrepreneurial Method: VUCA, OODA, IOT
Follow the downloadable tool.
Tool Type: Guide
How Austrian Economics Made Bob Luddy Successful
Learn about Say’s Law, subjective value, comparative advantage, opportunity cost, and pricing. Learn about Say’s Law, subjective value, comparative advantage, opportunity cost, and pricing. Five…
The Entrepreneurial Method
Use the following principles in conjunction with the downloadable tool. The Bird-In-The-Hand Principle: work with what you’ve got and can control, which she sums up…
Designing New Consumer Experiences
1. Liquefy information: A physical object’s information can be sent across space and time. When several information flows are combined for greater information density (e.g.,…
Relational Contracting
Know the differences between the different types of contracts and then run an audit of your firm. Know the differences between the different types of…
Increasing Returns via Cumulative Advantage
1. Begin with identifying an initial advantage. 2. Become dynamic and look for an open seam to quickly adapt and experiment. 3. Create a social…
How to Be a CEO
Learn to prioritize your time, communicate with all levels of your employees and encourage them to reach out to you, learn to look out for…
10 Traits for Successful Entrepreneurs
Observe and compare yourself (or the business/entrepreneur you’re trying to partner with) to the guide we’ve provided. Do you have these traits? Observe and compare…
Jacqui Boland’s Entrepreneurial Journey
Go to the E4B website to calibrate your own eGPS. Jacqui’s is a general example you can follow. Go to the E4B website to calibrate…
Co-Navigate Value Uncertainty in Healthcare
Follow the guide. There are 6 principles that should be allowed; consumers need to be proactive in their health, hospitals and practices should allow different…
Radically Reshaping Business Thinking via Subjective Value
Re-think value. Business schools teach value creation. But their definition of value is faulty, based on a profound misunderstanding. Value is not objective and measurable,…
How Economics Drives Entrepreneurship
Ask these five questions from the chart. Ask these five questions from the chart.
5 Austrian Principles
Read, learn about and apply these five Austrian principles. 1. Too much aggregation can obscure important data. 2. Gather as much feedback from your customers…
Innovation Champions
Follow the process below: Start by describing a value proposition for your customer usung the N-A-B-C tool, then collaborate with a partner, build a team,…
Entrepreneurs Write Their Own Destiny
Apply the “two jobs” mentality – juggling multiple roles at once, be agile and adaptable rather than relying on planning, use orchestration as an organization…
Entrepreneurial Journeys Start at the Family Dinner Table
Talk about entrepreneurship at the family dinner table to help spark inspiration. Find the right mentor who can help develop a young person’s skills and…
Business Success with Austrian Economics
Run an audit of your business and see if these principles are being adhered to. Run an audit of your business and see if these…
FMMA, the Entrepreneurship Answer to Medical Services
Take a decentralized approach without third party intermediaries like the government or insurance. Apply Austrian principles as laid out in the PDF. Encourage small practices…
Entrepreneurial Innovation in Seven Principles
Use for entrepreneurial innovation inspiration. Use for entrepreneurial innovation inspiration. The Inspiring Life And Beneficial Impact Of Entrepreneurs Tool Link
Decision-Making
Actively seek the judgement of your entire business when it comes to making decisions that requires specific knowledge you may lack.
Build a Successful Business
Aim to please, offer new and better products that can’t be found elsewhere, build on your strengths, and maximize value not output.
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…
Alertness to Action
Opportunities can be found in connections with customers or prospects, business expendtitures, and unmet needs.
Entrepreneurship in Theory and in Practice
What theories are you applying in your business design? It’s important to have them clear in your mind. Begin with the assumptions that are inherent…
Surviving a Pandemic Using Austrian Principles
Bootstrap and find ways to cut costs without sacrificing customer value. Strengthen relationships with suppliers and find new ones. Additionally, find collaborators and loopholes to…
Principles and Mechanisms of Business Growth
Use empathic interviewing techniques, follow the value learning process map, and design a subjective value cycle system. Use empathic interviewing techniques, follow the value learning…
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…
Agile Laws
Use Agile and Austrian principles as a guide throughout your entrepreneurial journey. Use Agile and Austrian principles as a guide throughout your entrepreneurial journey.
Big Data vs. Big Ideas
When conducting research for your product or service and for gaining customer insights. For when conducting research for your product or service and for gaining…
Marketing via Austrian Economics
Observe your marketing from the customer’s point of view and use empathy; don’t annoy them, recognize that the customer is in charge, and always give…
Executional Excellence
In the planning phase of any business, project or initiative. Refresh whenever executional errors occur. In the planning phase of any business, project or initiative.…
B2B vs. B2C
Use this as inspiration during the Imagination stage of the eGPS.
Austrian Approach To Innovation
Build your business by applying pillars of Austrian Economics. Build your business by applying pillars of Austrian Economics.
Ikigai
Personal self-assessment. Personal self-assessment.
Harnessing Accounting
Remind yourself of the core Austrian Economics principles and apply it to accounting.
Effectuation Process
A specialization discovery process to help you find your niche and increase your chances of higher profits and long-term success. A specialization discovery process to…
Harness the Power of Technological Deflation
Aim for ten times improvement in customer experience, think boundaryless and combine technologies and ideas, and forecast the exponential. Aim for ten times improvement in…
Entrepreneurial Communities
Become a trusted supplier of a highly desired service in your community and personalize each customer experience. Become a trusted supplier of a highly desired…
10 Economic Principles for a Customer-First Business
Learn these Austrian principles in the Imagination stage. Learn these Austrian principles in the Imagination stage.
Entrepreneurial Leadership via Understanding Economics
Use this as inspiration for starting your entrepreneurial journey. Use this as inspiration for starting your entrepreneurial journey.
