Capitalism: A means, not an end
Adam Smith’s notion of the ‘invisible hand’ has guided multitudes of people to promote ends which were not parts of their original intention.
Adam Smith’s notion of the ‘invisible hand’ has guided multitudes of people to promote ends which were not parts of their original intention.
The importance of food and agriculture to Thailand is undisputable. About 40% of the population depends on agriculture for their livelihood and it contributes to about 10% of GDP. The country is the world’s leading rice exporter and has successfully positioned itself as the “Kitchen of the World,” with the annual value of food exports expected to exceed 1 trillion baht in 2012.
If you are an entrepreneur starting a business for the first time, I recommend that you find a product concept that is already accepted and improve on it, rather than tackling that ultimate disruptive technology. Notice that I’m not suggesting that you steal someone else’s idea, but simply limit your risk by adding innovation to a proven entity. Evidence of success using this approach is all around us.
Located at the heart of ASEAN and representing its second largest economy, Thailand is an ideal place to discuss how senior decision-makers can shape the region’s future opportunities while creating the models for improved risk management and sustainable and equitable growth
Helpers do what you say, while good help does what you need, without you saying anything. People who can help you the most are actually smarter than you, at least in their domain. Top entrepreneurs spend more time putting the right team in place to accomplish their objectives than they spend on any other components of their job. Some entrepreneurs are so in love with themselves (narcissistic) that they insist on answering every question, and making every decision
Startups and entrepreneurs are drowning in the information overload, where the volume of data created is like a new Library of Congress every 15 minutes. That creates a huge gap between data and meaning, and makes quick decisions and action ever more difficult. We all need to take a little more time to think
Continuous innovation is required to survive in all businesses, beginning with a startup, and increasing in importance as your business matures. Technologists often insist that new things can’t be invented on a schedule, but successful companies seem to be able to do it on a regular basis.
I’m seeing a renewed appreciation of culture and values in business these days. Maybe it’s just another example of nature abhorring a vacuum, but I prefer to think it’s a natural evolution of the pervasive social networking communities, where people relate to and expect to interact with businesses and products they like.