There are no checks and balances if the gov is wrong, if a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut, if he bets wrong, he loses, if the gov bets wrong, they just get bigger, they just appropriate more money, it's a bottomless pit, because they either get it from the tax payers or run it off a printing press.
Napoleon said Britain is a nation of shopkeepers and a shopkeeper is an entrepreneur he or she is a small business person. That’s exactly what we are.
An entrepreneur is very enthusiastic and dances to a different drum beat, but never considers success as something which equates to personal wealth.
Schumpter's daring and dashing entrepreneur is now a legendary figure from the distant past - if not from the mythology of capitalism - or is to be found only in the demimonde of business, founding new ice cream parlors or "deep freeze subscription clubs".paul a. baran
The typical entrepreneur is no longer the bold and tireless man of Marshall, or the sly and rapacious Moneybags of Marx, but a mass of inert shareholders, indistinguishable from rentiers, who employ salaried managers to run their concerns.Edwin Arlington Robinson
The market is sovereign and in the magic economy of the small entrepreneur there is no authoritarian center… in the political sphere… the equilibrium of powers prevails, and hence there is no chance of despotism.c. wright mills
There is no such thing as a failed soldier, dead or alive (unless he acted in a cowardly manner) likewise there is no such thing as a failed entrepreneur or failed scientific researcher ...nassim nicholas taleb
It was somewhere between the interview with the Indian entrepreneur who wanted to do my taxes from Bangalore and the one who wanted to write my software from Bangalore, and the one who wanted to read my x-rays from Bangalore, and the one who wanted to trace my lost luggage from Bangalore...I was realizing that, while I had been sleeping, while I had been off covering the 9/11 wars, I had missed something really fundamental in this globalization story. I had lost the thread, and I found it in Bangalore.
To any potential entrepreneur I would say, don't go with the wave; find something unique.
I don’t believe there are any free lunches. There is no easy ride to success. The journey is what it is and you have to accept that if you want to be a successful entrepreneur.
The true entrepreneur is one who thinks laterally, about how to make a second business out of the first.
I see an entrepreneur as the chief designer of a business that works better than any other.
The entrepreneur is the person who seeks to identify what consumers, at home or abroad or both, want and would be willing to buy at a profitable price. These entrepreneurs are the job-creators because it is they who gather the men and women, the material, the machinery, and the money to turn the vision of a market into a reality.
We [entrepreneurs] have incredible enthusiasm, and I think part of the success of any entrepreneur is energy. Entrepreneurs have this real belief that their lives are about service and leadership.
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.Peter Drucker
I think that people have the idea of an entrepreneur being the sort of stereotype person who treads all over everybody and bullies their way to the top. There certainly are people like that, and they have managed to get away with it, but they generally get their come-uppance in the end.
The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question; that is, at the rate which the entrepreneur could obtain in other investmentskenneth boulding
A firm consist of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur... As a firm gets larger, there may be decreasing returns to the entrepreneur function, that is, the costs of organizing additional transactions within the firm may rise.ronald coase
“As an entrepreneur you have responsibilities in trying to operate well in what you have to do. There is a positive effect if you end up doing that. That’s where I try to spend most of my efforts.”john elkann
Big oil, big steel, big agriculture avoid the open marketplace. Big corporations fix prices among themselves and thus drive out of business the small entrepreneur. Also, in their conglomerate form, the huge corporations have begun to challenge the very legitimacy of the state.gore vidal
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