A site for recollection and reemphasis of entrepreneurship and sound business practice. A compilation of both theory and practice of business entrepreneurship. The author is both a practicing businessman and former academic
Hiring can fail and you get bad people. We are filing cases for at least 3 people who did horrible things to us... Despite noble mission of providing jobs.
Most steal time, dont work 100% and simply want to just stay and earn 8 to 5... How we wish
Every generation needs a revolution - an entrepreneurial revolution
Why are some people lucky? Why do they have all the ideas in the world? How come we can only come up with mediocre dry ideas.
We often see posts about billionaire:
1. Making suggestions on a barbershop that is hardly breaking even. He advises the chief barber owner to offer free hair cut. It is a way of just getting customers in the store, generate traffic, creare the ambiance that people are rushing in. Money is made in grooming kits, shaving kits and membership
2. Making a suggestion to a coffee shop to make coffee free. It would devastate the finances of the coffee shop . But the billionaire suggest that money is to be made not on coffee but on other products: sandwhich, coffee blend, mugs and the like. Others would buy other stuff in the store. The free always draw in the crowd
3. The billiard hall that is empty. Offer first 30 minutes free.
What can we offer as free or as a bait? Free interment? For so many number of plots
Every generation needs a revolution - an entrepreneurial revolution
Economic transaction, buying and selling, having a deal can not proceed without TRUST. Trust is essential. Businessmen, entrepreneurs should really build their character and integrity to win TRUST. GSB and other schools have emphasized skills and knowledge but not character and integrity.
So the higher the tech or educ attainment, the more likely the guy is to be a scammer. That is why many are scared of businessmen and entrepreneurs. Govs are prosecuting businessman. Many businessman are at the bottom of the respect trust totem pole