Mon. Jul 1st, 2024
Occasional Digest - a story for you

Behold! If it took seven days to create this world, remember that it also took millennia to create the world of commerce, and it all started by the first ever creation of a single small and medium enterprise. No further proof required.

Birthed by an SME, the first ever concept of a tiny, unknown starting-out business, this is when a solo wanderer, a lost risk taker with a job creator entrepreneurial mindset, developed a small single enterprise. It is critically important to note that on that day, neither any School of Economics existed, nor any global financial institution erected; simply they were not there to witness this earth-shattering foundation what slowly led humankind to what we call the global commerce of the world.

Warning: While academics itching badly, on this note, an open challenge to institutions and the global economic intelligentsia: during this historical journey of commerce, stretching millennia has anyone ever figured out how to replicate small enterprises automatically? Is there a pill, tonic, potion, blueprint, or AI- supported witchcraft to magically create 1000 or 1,000,000 diverse SMEs without the entrepreneurial mindset?

Let Artificial Intelligence go and break furniture, but categorically no! The next Nobel Prize will not be allowed to go to some Artificial Entrepreneurialism

The prevailing belief in the academic and intellectual circles is that economic knowledge and expertise is the only global power that can effectively manage the survival of humanity. As a result, it influences and manages crucial aspects of our lives, from elections to inflation, interest rates and free-printing of currencies to control global commerce.

However, this approach fails to acknowledge that entrepreneurialism is the real driving force behind successful economies. The foundational work of building and creating a strong entrepreneurial base has already been demonstrated by powerful nations, and it should not be disregarded in favor of economic intellectualism.

No other type of mindset like entrepreneurial has ever contributed so much to humankind and allowed germination of new ideas into reality and provided value creation by real-productivity, real-performance and real-profitability to what we call businesses of the world, like an assembly of forest and oceans of big and small enterprises pulsating the economies of the world.

Henceforth cautioned, SMEs only grow into carving and branding the national economies, playing critical roles in shaping the nation’s future. Therefore, they should no longer be referred to as just small enterprises, but with great respect, sought, measured and counted as the Mothers of Commerce all over the world.

The ‘Mothers of Commerce,‘ the pioneers of entrepreneurial mysticism, existed long before the word ‘economy’ was invented, and they were creating reference points for economic schools to prepare their syllabi and laying the foundation for formal management protocols. Economic thought created its versions of studies, invented terminologies, and invented fancy legal instruments customized to serve special agenda-centric loopholes and misguidance with value manipulation options to serve their goals. They have selected and enabled economic sciences to grow alongside entrepreneurial development.

Whenever it became an earth-shattering commercial phenomenon, every tiny unknown SME, like UBER, Airbnb, or Apple, only created new chapters in economic theory.

Nevertheless, it would be wise to bring not only economic mindsets, academic mindsets, and traditionally all job seekers’ mindsets with entrepreneurial and job creators’ mindsets to formulate better growth ideas. This is the best strategy. 

The power of entrepreneurial mysticism is an unexplainable phenomenon where no one knows how a unique idea appears to an ordinary individual person, starts with a unique and almost invisible operation that morphs into its out-of-this-place gigantic success-story and, each time, such highly unique metamorphosis, each time unpredictably engulfs the world and creates economic behaviorism globally. Its unique legacy hidden in special powers makes an economy, each time repeated by other entrepreneurs, all over, despite surroundings, again and again all over the world. Every one is born an entrepreneur, a natural instinct, torn apart in yearly years by the same folks who love us so dearly. Deep study is a perquisite.

Entrepreneurialism is like an unexplainable and invisible engine that resides in the minds of entrepreneurs, who are exceptionally capable of delivering their original and earth-shattering imaginary ideas into a three-dimensional living reality with minimal resources and maximum productivity.  Everyone can dream, but entrepreneurs capture, refine, define, and deliver their dreams to change the world. Over a span of 100 days, a good study of the last 1000 entrepreneurs and how and why they created the world of commerce is itself a great course more powerful in value than over many years in university figuring out numbers.

The universities of the free world have openly failed to accept entrepreneurialism as a grassroots approach to achieving prosperity. Instead, they have focused on mechanized MBA programs which have been weaponized by artificial incompetence of ‘business administration’ as price-cutting survival and hedge-funding experts. These experts often come in and attempt to destroy the enterprise and its entrepreneurial values, to be replaced by cyber-crypto-freakiness and little or no knowledge of the global age of competitiveness.

Competing against China and India and creating the lowest prices will ultimately destroy nations. To succeed in the modern economy, it is necessary to discover entrepreneurial logic that creates higher real-value, innovative quality, productivity, performance, and profitability. This is how the Western economy was developed under the mastery of USA success.

The hundreds of millions of MBA degrees that are now considered a liability should be fully refunded and compensated for lost time. It is true that everyone is born an entrepreneur, and this is what frightens academics.

Fact:  Millennia later, no other replication formula was discovered to create SMEs. 

This now becomes an open challenge to the global economic intelligentsia; witness the greatest lingering error of the last many decades, calling a small business small, like calling a baby elephant small and not knowing where Jumbo elephants come from, a solid proof of not knowing zoology. 

Furthermore, ignoring the last global financial collapse or the destruction of middle classes and closures of millions of industrial plants in the name of hallucinatory globalization, the visible abandonment of SMEs, treated as least insignificant and for never having a calculator from the dollar store to add why SME are not only the largest contributors and job creators to any national economy but most importantly the largest pool of high potential entrepreneurs in the waiting. 

Fact: Global age competitiveness prefers one proven entrepreneur, over 1000 degree holders

Entrepreneurialism is a long word; it takes minutes to spell it, days to understand its real meaning, and a lifetime to prove its existence and mysticism. Knowing the spelling is not enough, as it is a battle, a war of dreaming, creating and melting invisible opportunities out of thin air, optimizing whatever is available from immediate surroundings, and becoming a flying saucer to take it around the world. 

SME economic development needs great minds with big enough visions to grasp the big-size growth hidden in the big pictures within our big and wide open and constantly expanding world. 

Today, nations still miss out big times on global opportunities for neglecting the hidden powers of the national citizenry, unaware of the entrepreneurial mysticism and abandoning optimizing the role of women as the second wheel of the same economic cart, the emerging future of the youth and look at the national landscapes as fertile ground to create oceans of SME, all needs quick immersion and dramatic orientation to enter the global age of entrepreneurialism. 

Fact: Nations no longer have 10,000 SMEs, as in reality they have 10,000 Mothers of Commerce

Fact:  No proof is required when there are already a million entrepreneurs, each creating an enterprise that adds a million jobs. Why shouldn’t we identify some Nobel Prize Winners in Economics and check out if they ever created one such single enterprise? 

An Entrepreneurial Economy: Timelines to lead an SME economy based fast track up-lift.

0001 Day: to test all the mindsets and divide between job seeker and job creator mindsets

0007 Day: to clarify national SME digitization rules and identifies high-potential SMEs

0100 Day: to capture organized data on 1000 to 50,000 SMEs in the nation 

0365 Day: to measure the progress on continuous up-skilling and re-skilling

1000 Day: to enjoy the uplift of 10% to 50% economic growth across the SME economy 

Observe the laws when architects draw outstanding renderings and skyscrapers, as it takes proven teams of experts on skyscraper buildings to deliver a new city skyline. If we allow only architects to play around with construction, 50% of skyscrapers will collapse. Jumbos will fall off the sky if they are in the hands of frequent flyers. Sumo wrestlers will be doing Swan Lake if only trained by ballerinas. Balancing acts of economic development with entrepreneurship is a very specialized area in urgent need. Study more, The SME Strategies: 2024 Challenges & Solutions

Understanding the narrative of Expothon Worldwide: Henry Ford neither invented the tire nor the car engine; he created the Assembly line. Expothon neither created the SME nor the exportability. It began advanced thinking on ‘national mobilization of entrepreneurialism as a highly streamlined, 24x7x365 SME up-skilling operation in simultaneous synchronization of the most significant but ignored greatest national economic assets; a decade later, this narrative is gaining global attention. Expothon has been sharing information weekly with some 2,000 senior officials at the Cabinet level in around 100 countries for the last 50 to 100 weeks. Mastery of new entrepreneurial economic thinking is a new revolution in SME Mobilization. We are constantly adding new talents. A global high-level virtual event series will further advance the agenda and in planning are high-level debates to clarify and table turnkey mobilization options in the coming months. Study more on Google.

Summary with some critical facts: Determining mindsets across national teams only takes a few hours. National mobilization of SME agenda and digitization protocols another 100 days. National orientation of all economic development teams takes 30 days. Combining job-seeker mindsets with job-creator mindsets can create magic. The absence of job creators can cause economic sectors to collapse. Rapid training and up-skilling of economic development teams can help prevent such a situation.

How to create a Ministry of Entrepreneurialism

Inabilities to identify, categorize, and digitize high-potential SMEs is an economic development failure. Without entrepreneurialism, economies are just empty drums in search of a beat. Balance mindsets bring superior productivity, performance, and profitability. Time has come to create a National Mobilization of Entrepreneurialism as a national mandate and uplift SME economy on national stage. 

The rest is easy

Source link

Discover more from Occasional Digest

Subscribe now to keep reading and get access to the full archive.

Continue reading