There is a sort of creative destruction that happens when entrepreneurs develop and introduce new products and technologies. Overtime, it makes current products and technologies obsolete, which replaces the old with an availability of seemingly improved products. Customers then demand the new products, which increase productivity in all components of a society. Companies that employ […]
Tag: entrepreneurship
There are a number of misconceptions when it comes to who entrepreneurs are and what is a motivating factor for their unbridled ambition. A lot of the misunderstanding might come from the media’s coverage of the unicorn companies like Facebook, Spotify, and newly IPO’d Airbnb. The hype and buzz surrounding such companies leads people to […]
Several behaviors and characteristics have been assigned to entrepreneurs, many of which are common to those that have found success in starting new ventures. There are a number of factors that are usually shared by prosperous proprietors, in this article, we’ll explore some of the ways in detail. One of the characteristics that entrepreneurs have […]
It’s hard to resist the allure of entrepreneurship with shows like Shark Tank on air. It pulls our insatiable need for creating an idea and building it to be something of value. People line up to have their product and ideas pitched on the show in hopes that the likes of Lori Greiner, Kevin O’Leary, […]