CULTURAL OBSERVATIONS: UKRAINIAN ENTREPRENEURS. I crashed a Ukrainian entreprene

CULTURAL OBSERVATIONS: UKRAINIAN ENTREPRENEURS.

I crashed a Ukrainian entrepreneurs meeting tonight. I like to visit these whenever I can, wherever on earth I am at the time. And see if I can help anyone at all, or meet some interesting people. Tonight was fun – really.

Talked about how much I love Ukraine and didn’t realize myself how passionate I am.

Many had the same feeling. But the reason why is interesting: because we all felt we could make a difference here, and in the west we can be consumers, sure, but have no meaningful impact.

That realization and the feeling was moving. In Ukraine, every entrepreneur matters.

Every single one.

And that is a spiritual reward that is hard to obtain elsewhere.

I need to propagate that message. Ukraine is awesome for biz.

Met a young lawyer in IT law educated in the UK. Gonna switch. Hate my UA lawyer. ( american).

Had to stay in message that you find customers with problems and create companies to solve them. You do not build a business you know about and sell it. I want to kill the “idea” meme and push the customer meme because that is the primary reason young people fail. No matter what you think, you’re just ignorant by your customers standards. You must find problems customers cant solve and know more about that than they do. Otherwise you are wasting your time and theirs with your ignorance.

Talked a little about why Ukraine can only export labor: because there is no accumulated capital whether cultural, institutional, organizational, not patterns of trade, no trusted networks. No accumulated advantage at all. They need to get local capital investment to build Ukrainian companies that accumulate capital locally rather than exporting all the capital produced by their cheap labor.we think in terms of companies in the west but it is the network of companies in any sector that produces goods and services – including the most important companies: the courts/lawyers and banks/accountants. Ukraine doesn’t have them.

You cannot really fathom how important Austrian economics is to business people ( sans Misesian pseudoscience) in this part of the world. Macro is for politicians. Austrian is for entrepreneurs. ( i hope i live ling enough to repair Austrian economics and rescue it from misesian pseudoscience). I kinda think its gonna take beyond my lifetime to get across how important my ideas are)

Pissed off one guy by saying that it was cheaper to pay unnecessary government employees to stay home than to have them impede the economy.

Same guy who thought it was good that the government tried to force money to stay in the country rather than give people reasons to keep it here. He said something else economically destructive. But I forgot it. I should have given him more attention because i didn’t explain his (common) errors. And now he will just hate me. But I cant be on my game all the time..,

I fucking love ukrainians: all the goodness of americans without the bad.