By Jim Davidson "Therefore whosoever heareth these sayings of mine, and doeth them, I will liken him unto a wise man, which built his house upon a rock And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell not: for it was founded upon a rock." ~ Jesus, Matthew chapter 7, verses 24 & 25 For many years, I've been looking … [Read more...] about Building on Bedrock
Entrepreneurship
Are Books the New Business Card?
By Remso W. Martinez I didn’t want to imagine myself walking into the workforce with the expectation of eventually earning my master’s degree or even a doctorate. I’m not saying I’m closing the doors to those potential opportunities in the future entirely, but completing my undergraduate education left me with a feeling many young people encounter when they are truly … [Read more...] about Are Books the New Business Card?
How Entrepreneurs Discover Market Opportunities Through Dissatisfaction
By Raushan Gross Ludwig von Mises eloquently wrote in Bureaucracy (1944), “...thus the capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalist, the entrepreneurs, and the farmers are the people’s mandatories.” Entrepreneurs are sensitive to consumer dissatisfaction, seek to … [Read more...] about How Entrepreneurs Discover Market Opportunities Through Dissatisfaction
Teachers Who Quit to Create Schooling Alternatives
By Kerry McDonald It’s not uncommon for public school teachers to experience burnout or feel demoralized by the weight of their work. Many leave the classroom and the education profession behind to pursue other careers. In fact, U.S. Labor Department data reveal that public school educators are quitting their jobs at record-breaking rates. But some public school teachers … [Read more...] about Teachers Who Quit to Create Schooling Alternatives
These Are The Top American Cities For Starting A Small Business
By Tyler Durden Friday's jobs report has helped stoke speculation that the American labor market is finally beginning to cool (though the 136k jobs number was still better than the whisper number, which saw September payrolls sinking below 100k). As the pace of hiring slows, more Americans might be forced to make bold career moves - like deciding to start their own … [Read more...] about These Are The Top American Cities For Starting A Small Business
Are Entrepreneurs Born or Made?
By Raushan Gross “At birth human infants regardless of their heredity, are as equal as Fords,” wrote Ludwig von Mises in his salient book, Theory and History: The Interpretation of Social and Economic Evolution. However, Mises contended that this is far from the reality of human action and how flesh-and-blood people operate in the market. While people may be born with … [Read more...] about Are Entrepreneurs Born or Made?
How This Entrepreneur Went from Door Man to Running a $3 Billion Hotel Empire
By Jon Miltimore Alan Fuerstman is the embodiment of the American Dream. He’s the founder of Montage Hotels & Resorts, a California-based luxury hotel and resort company that has a portfolio of $3 billion. He was listed on the Haute 100, received the Ernst & Young Entrepreneur of the Year Award, serves on advisory boards, and gives back to his community through … [Read more...] about How This Entrepreneur Went from Door Man to Running a $3 Billion Hotel Empire
Beyond 10,000 Hours: Study Reveals 5 Keys To Being Elite In Your Field
By John Anderer Many people believe Malcolm Gladwell’s dictum that in order to be truly great at something, one must commit to at least 10,000 hours of practice. While dedicated training is certainly an integral part of the recipe for success, a new study finds four additional factors that are needed to truly become elite at a given field. Researchers from the Norwegian … [Read more...] about Beyond 10,000 Hours: Study Reveals 5 Keys To Being Elite In Your Field
What Is Entrepreneurship?
By Doug McCullough and Brooke Medina If you ask most people about their impression of entrepreneurship, they might use words like “small business” or “innovation” or describe it as “working for yourself.” Some may go beyond that and paint a picture of an audacious Silicon Valley founder who boldly takes risks and tirelessly overcomes challenges. For others, an … [Read more...] about What Is Entrepreneurship?
California Is Trying to Roll Back the Gig Economy but “Natural Liberty” Will Prevail
By Barry Brownstein More than 20 years ago, Dan Pink, former chief speechwriter for Vice President Al Gore, foresaw the gig economy. In a 1997 essay, “Free Agent Nation,” for the then-fledgling magazine Fast Company, Pink estimated “more than 16% of the American workforce” were free agents—"people who move from project to project and who work on their own, sometimes for … [Read more...] about California Is Trying to Roll Back the Gig Economy but “Natural Liberty” Will Prevail
A Retirement Plan Tailor Made For The Gig Economy Era
By Joe Jarvis Ten years ago most of us couldn’t imagine getting in a stranger’s car for a ride. Or imagine the shock of your friends and family if you told them you had met a stranger online, and they would be paying you to stay in the spare bedroom for a weekend. In 2009 Uber launched, and Airbnb was only a year old. Now millions of people use these platforms to make … [Read more...] about A Retirement Plan Tailor Made For The Gig Economy Era
You Can’t Create Jobs by Outlawing Work
By Michael Munger The difference between contractors and employees is important. A “contractor,” from the Latin verb to draw together different things, is someone who brings their own tools and skills, and does a (relatively) brief stint of work in a defined task. An “employee,” from the Latin verb to be entangled, associated, or connected, is someone who predictably works … [Read more...] about You Can’t Create Jobs by Outlawing Work