An entrepreneur creates something that was not there before. They organize components and ingredients in the world to produce a result in a way and place that did not exist before they began. Consumers are the judge as to whether the product of the entrepreneur’s efforts are valuable and wanted at the given price.
A smart entrepreneur will pay attention to this feedback and continue adjusting the recipe of their enterprise to win the favor of their target audience in a greater way. It is in this way that consumers win, as entrepreneurs try to best each other in a free market.
The entrepreneur is a risk-taking creator, and if they do not win enough votes, they are eliminated from the game.
Wow! Never thought about the consumer wins too. It’s really the “greater good” ! Great way to look at it
Happy Easter Larry and SOE…Contractor Nation !
Well stated.
Happy Easter….
Happy Easter and blessings
Sometimes it seems like a tremendous amount of work to keep up the creative side of work but the alternative…
You’re right, Larry. Drop and it means your gone.
On that note,
Back to dirk.
Happy Easter