Entrepreneurial mindset

In an economy where people are trying to get more consumer satisfaction with less available money, large corporate businesses tend to dominate the market. Large companies can drive down retail prices, afford the best locations, and provide one stop shopping. How does a small business expected to compete with such dominance in the consumer market for a reasonable rate of return on goods and services? There are five different items to focus on for the best chance of survival as a small…

Chicago is a beautiful, but broken city. The many museums tell the history of so many places in time but hide the fact that children in public schools are failing at an increasing rate. Navy Pier is walked down thousands of times a day, but people avoid neighborhoods with boards and bars on the windows. Thousands travel to Chicago to witness a Cubs baseball game, but no one speaks out on who shot a child during a drive-by shooting. Chicago is a great city for tourists to view the city, but a…

Generation Y Vs. Generation X Generations differ greatly throughout the years. Generation X and Generation Y, better known as Millennials, are two generations that differ significantly in the work place and cause issues for employers. Each generation has different needs and methods such as work environment, work ethic, coworker dynamic, and attitudes towards the work they are doing. While at work, Millennials and Gen X need completely different workplace environments. Millennials need clearly…

available resources, they improved greatly on their agricultural and pottery techniques and undoubtedly, revolutionized their eras. If one makes the mistake of judging these societies by modern-day standards, which extol invention over innovation and entrepreneurial skills over empirical success, these societies would be criticized for their lack of productivity, but doing so would be detrimental, for innovation cannot be limited by the constraints of a modern…

The concept of a “dream job” for me is not a clearly defined term at this point. This is because as an entrepreneur, opportunities to make money are on a constant basis. For example, if an individual has a skill that they know how to market then that is a possibility for money. What if someone has multiple skills? Then those are multiple opportunities to make money. As for myself, one of my skills is music (specifically playing guitar) so this has become an outlet to make money. However, it is…

people, with their differences, may also be right. IB Education. The international program consists of 4 programs that encourage students to achieve their challenges both professionally and personally. IB fosters students to have an international mindset and thinking beyond their immediate environment. Through IB programs students "learn to learn". What is IB education? More than 4,000 schools around the world have chosen to teach the International Baccalaureate (IB) programs because of…

He asks the audience, “what do you think the most important step is in order to turn your self-employed service into a business.” Many people answer simple things such as capital, or a staff. He explains that mindset, commitment, and focus are the number one key to starting and following the path. They all three go hand in hand as you cannot have one without the other or the overall focus becomes blurred. This was the first step in his plan in with he quotes to…

provide for government spending, but in the big picture, the only thing it is achieving is hurting our economic growth. The conservative party has the idea that lower taxes create more incentives for people to work, save, invest, and engage in entrepreneurial endeavors. In reality, that is exactly what lowering taxes does. It is beneficial to our economy and encourages work and independence to all of the United States…

The first prompt that Choikam asked us to answer is extremely difficult for me. I’ve answer this question before in the past; back in economics in high school. My high school teacher and classmates discussed about this subject for weeks and we all came to different conclusion and opinions of how the system should work. And I don’t think my opinions has changed since, even with all the new knowledge I’ve gained from the past few weeks. Let me tell you a quick little story that my economic…

Since the 1950s, a small portion of the southern San Francisco Bay Area has been the world’s forefront of technology and innovation. This area is home to renowned universities like Stanford and UC Berkeley, the headquarters of some of the world’s largest companies, including Google and Facebook, and the creation of the world’s hottest start-ups such as Uber and Airbnb. Hosting less than one percent of the population of the United States, the 1,800 square mile area has a larger economy than…