There are some entrepreneurs who end up super duper rich. There are many who end up doing quite well. There are numerous whose businesses do not see the light of day. These spikes are necessary. Entrepreneurs are indispensable to the market system. And markets are fundamental to democracy. No market, no democracy.
Over the long run, it is a progression for society at large. Society overall gets richer and richer over time, unless you are Zimbabwe under Mugabe. That genius has actually managed to create an ever shrinking economy. (Wash Mugabe Away With A Revolution)
It is for the democratic process to decide on the rules of the game. But within those rules, entrepreneurs are free, the best ones end up looking reckless. Much creativity is involved. Much risk taking is involved. Often much is at stake. But in the end, it is about creation. It is a progression.
In a well-oiled, functioning political system, the politicians are background noise to the entrepreneurs. There is strategic lobbying, sure. If you are leading the pack in your industry, maybe you know things. And the public servants need to hear. But other than that, the world of business is a galaxy all its own.
Entrepreneurs are almost a different species. The entrepreneur's worldview is different than that of the jobholder. Early stage entrepreneurship can also have some interesting stories to it.
A few hours back I registered my company: JyotiConnect Inc. I want to be a Spike. Godspeed.
In The News
HP and Dell slug it out in Second Life Brisbane Times
Book Review - Bill & Dave: How Hewlett and Packard Built the ... Blogcritics.org How Hewlett and Packard Built the World's Greatest Company ...... founders' innovation in both new products and new ways of doing business created an environment in which customers wanted only HP products, employees reciprocated the loyalty HP showed to them, and future Silicon Valley generations tried -- and usually failed -- to follow in their footsteps. ......... for almost 50 years they partnered at the top of the organization they founded ...... the family atmosphere that came to be known as "the HP Way." ...... a roughly 10-page document that lays out a blueprint for entrepreneurial success. ....... meeting at Stanford, where Dave Packard was the tall, gregarious, can't-miss golden boy sports star and Bill Hewlett was a short, dyslexic, somewhat reserved sort still getting over his father's untimely death ...... shared interest in electronics ..... Hewlett and Packard baked HP instrument panels in Packard's oven and randomly priced their first product in such a way that it was impossible to make a profit ....... worked hard throughout HP's ascendancy to create a family atmosphere, and this is perhaps their greatest legacy ........ handing out bonus checks to employees based on Hewlett-Packard performance and having Friday "beer busts" to let off steam ...... flex time ..... avoiding mass layoffs by sacrificing revenue in favor of employees keeping their jobs ...... from that garage partnership to an incorporated small business to corporate behemoth so smoothly, always with an eye on profits, sentimental toward their employees but never sentimental toward products that no longer make the cut.
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London Goes Wireless Government Technology
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