Monday, October 13, 2014

Entrepreneurial Thought and Action.

That's the slogan of Babson College, " Entrepreneurial Thought and Action."

Harvard Business Review Press published Babson's President's book a couple of years ago, "Just Do It!" Why didn't the book hit the best seller list?

Because of the brainwashing of the Small Business Administration, our tax-funded enterprise to snuff out the spirit of true entrepreneurs, and they've done a darn good job of it according to Nobel Economist Edmund Phelps's most recent book Mass Flourishing which documents the disappearance of U.S. get up and go, what he calls vitalism and dynamism, starting about 4 decades ago.

Amar Bhide first sound the alert on this back in 1994 with his Oxford University Press book The Origin & Evolution of New Businesses. I'll bet you've never heard of it either.

This should be an issue in the current political campaigns, but it's not. A campaign for 2016 Presidential election that took up this drum beat would do a lot of good for the country, might even lead to a victory. Stranger things have happened.

Instead Inc Magazine continues to publish articles from failures saying, 'gosh, I wish I'd planned more." Disgraceful.

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