Change in the Economy | The Law of the Market
#economics #entrepreneur #entrepreneurship
Every entrepreneurial action changes the economy. This process is undertaken with the expectation of a return. This doesn’t mean there’s always a positive return. However, there’s always the expectation of profit. The action wouldn’t be taken if he didn’t think he’d profit. He believes there’s an underserved area of the market. Change must take place to serve that area. The market rewards efficiency and penalizes inefficiency.
The entrepreneur will only earn profit if he correctly judges the demand of the market. He will suffer losses if he incorrectly judges demand. “If he is a consistent loser…he is driven out of the entrepreneurial role altogether.” Money doesn’t make money. One must make wise decisions. Profits will only come if you correctly serve the market. That is, you must anticipate the demands of the masses.
-
52:43
Talk Nerdy 2 Us
8 hours agoDigital Defense: Unraveling Major Cyber Attacks and Protecting Your Data
48.9K3 -
1:21:33
The Quartering
15 hours agoBiden's Desperate Interview, Disney ROASTED By Gina Carano, Ballot Boxes RETURN The Fix Is In!
122K78 -
1:45:53
Robert Gouveia
17 hours agoTrump Offers to SAVE Biden! Donors THREATEN Campaign; BRUTAL Report DESTROYS Joe
127K134 -
1:21:11
Russell Brand
18 hours ago‘THE US IS FALLING APART’ - EXCLUSIVE Colonel Douglas MacGregor Interview (and UK Elections) - 401
316K468 -
51:33
Ben Shapiro
16 hours agoEp. 1998 - Is TONIGHT The Night Biden Drops Out?
158K99 -
19:25
Neil
16 hours agoAs Everyone's Distracted With The NEW UK GOVERNMENT... (A LOT's About To Change...)
102K20 -
1:02:14
Geeks + Gamers
18 hours agoGina Carano DESTROYS Mark Ruffalo And Disney Double Standard, Japan Is FURIOUS Over Assassin's Creed
107K29 -
1:13:29
Steve-O's Wild Ride! Podcast
3 days ago $0.18 earnedPenguinZ0 Has No Respect For Dr. Disrespect! - Wild Ride #222
104K11 -
2:00:57
LFA TV
22 hours agoMERRY INDEPENDENCE! | LIVE FROM AMERICA 7.5.24 11am EST
125K58 -
2:07:02
TENET Media
1 day agoWhat Is A Conservative Woman? | The Culture War with Tim Pool w/Lilly Gaddis & Rachel Wilson
86.7K78