Entrepreneurship
Donald Trump, the famous entrepreneur, was on the Oprah Winfrey show today (the show was a repeat) and he said something that interested me: He said that men are not created equal. This view, which is Neitzchean, is the same as Jospeh Shumpeter's.
Schumpeter was mentioned a couple of times in this week's Economist. This article closed by wondering why anybody would want to be an entrepreneur in the first place, given that financial rewards are not guaranteed. Here are some factors that drive entrepreneurs from various sources:
- a desire to prove that he is better than others
- a dissatisfaction with the world as it is (the entrepreneur can be described as a romantic type)
- a desire to form a "transgenerational dynasty" (Schumpeter)
- a desire to form a "private kingdom" (Schumpeter)
- a desire to free himself from the control of others
- psychic rewards
- prestige
- the prospect of success
innovation management in Asia
Schumpeter was mentioned a couple of times in this week's Economist. This article closed by wondering why anybody would want to be an entrepreneur in the first place, given that financial rewards are not guaranteed. Here are some factors that drive entrepreneurs from various sources:
- a desire to prove that he is better than others
- a dissatisfaction with the world as it is (the entrepreneur can be described as a romantic type)
- a desire to form a "transgenerational dynasty" (Schumpeter)
- a desire to form a "private kingdom" (Schumpeter)
- a desire to free himself from the control of others
- psychic rewards
- prestige
- the prospect of success
innovation management in Asia
Labels: innovation
posted by Gordon Graham at 11:16 PM
1 Comments:
very astute...i couldn't agree more.
one thing that you mention is "the romantic type". only those with true passion will succeed, right? this passion is probably applied to Trump's business dealings as well as his love life.
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