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Some good points, but I wasn't trying to equate entrepreneurship with individual success or happiness. I was talking about our broader economic ecosystem, wi
by parasubvert 12y ago
Some good points, but I wasn't trying to equate entrepreneurship with individual success or happiness. I was talking about our broader economic ecosystem, with the managed organization as the primary unit, not the individual.
The question was, what approaches are required for the individual (an entrepreneur) that creates such a managed organization to build a sustainably, very high wealth producing capability?
In this, I do not think your analogy of apex predators follows. Most companies live and die quickly, those that become pillars of wealth and last 50 years+ have tended to carve out monopoly (by their apex predator?) status in certain areas such that they can diversify into new ones.
This is not to say that all organizations need to be pillars of wealth and last two generations. There's plenty of room for survival and happiness with lifestyle organizations. But I wouldn't necessarily call people that start such companies entrepreneurs, I'd call them "small business owners" or "self employed".