#NewRight If you Own a business,employ > 50 people,or manage an enterprise, and employ > 1000 people, you gain access to the H. of Commerce.
Source date (UTC): 2016-11-10 16:03:00 UTC
Category: Business, Organization, and Management
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Rebranding requires repositioning. You aren’t repositioning. Family, and Commons
Rebranding requires repositioning. You aren’t repositioning. Family, and Commons and unsubstitutable responsibility. That’s it.
Source date (UTC): 2016-11-09 23:09:20 UTC
Original post: https://twitter.com/i/web/status/796489881514110977
Reply addressees: @lewrockwell
Replying to: https://twitter.com/i/web/status/796487893875363840
IN REPLY TO:
@lewrockwell
Time To Rebrand Libertarianism https://t.co/MjIxI1Pgmo
Original post: https://twitter.com/i/web/status/796487893875363840
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Sergeants and Officers in the Army. Nurses and Doctors in the Hospital. Same thi
Sergeants and Officers in the Army.
Nurses and Doctors in the Hospital.
Same thing.
Source date (UTC): 2016-10-27 09:03:00 UTC
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Realities of IQ in Business
(No jimmy, not everyone can join the upper middle class) People above 140 come up with new concepts. People above 130 come up with new business ideas. People above 120 exploit niches in markets with existing ideas. People above 110 work harder than others are willing to at capturing marginal opportunities at lower profit, that better companies are unwilling to chase. People above 100 might, if they’re lucky manage well. People below 100 do the work of bringing others’ ideas to fruition. People below 85 are too difficult and expensive to train to work on ideas.
(If you thought of it, and you arent’ in the 130+ category, someone thought of it already, and decided it wasn’t possible, or worth it. on the other hand, if you are willing to serve niche customers who you can empathize with that is something you can turn into money. But you must get customers, you cannot attract them.) -
Realities of IQ in Business
(No jimmy, not everyone can join the upper middle class) People above 140 come up with new concepts. People above 130 come up with new business ideas. People above 120 exploit niches in markets with existing ideas. People above 110 work harder than others are willing to at capturing marginal opportunities at lower profit, that better companies are unwilling to chase. People above 100 might, if they’re lucky manage well. People below 100 do the work of bringing others’ ideas to fruition. People below 85 are too difficult and expensive to train to work on ideas.
(If you thought of it, and you arent’ in the 130+ category, someone thought of it already, and decided it wasn’t possible, or worth it. on the other hand, if you are willing to serve niche customers who you can empathize with that is something you can turn into money. But you must get customers, you cannot attract them.) -
REALITY OF IQ AND BUSINESS (No jimmy, not everyone can join the upper middle cla
REALITY OF IQ AND BUSINESS
(No jimmy, not everyone can join the upper middle class)
People above 140 come up with new concepts.
People above 130 come up with new business ideas.
People above 120 exploit niches in markets with existing ideas.
People above 110 work harder than others are willing to at capturing marginal opportunities at lower profit, that better companies are unwilling to chase.
People above 100 might, if they’re lucky manage well.
People below 100 do the work of bringing others’ ideas to fruition.
People below 85 are too difficult and expensive to train to work on ideas.
(If you thought of it, and you arent’ in the 130+ category, someone thought of it already, and decided it wasn’t possible, or worth it. on the other hand, if you are willing to serve niche customers who you can empathize with that is something you can turn into money. But you must get customers, you cannot attract them.)
Source date (UTC): 2016-10-19 12:37:00 UTC
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Facebook pulls another Google, with Facebook At Work. Finally released. Started
Facebook pulls another Google, with Facebook At Work. Finally released. Started the same time as we did. They have not come close to matching Slack or Yammer’s features. Sigh.
Source date (UTC): 2016-10-19 08:20:00 UTC
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Things HBR doesn’t tell you. Entrepreneurs are largely born. If you require insp
Things HBR doesn’t tell you.
Entrepreneurs are largely born. If you require inspiration rather than relief from frustration you don’t have the gene.
Small/medium business owners have the highest average income our if every single occupation.
Opportunities can be captured by many means:
By your incentive to pursue an otherwise unprofitable niche market.
( tech services )
By your disruption of an inefficient cost structure.
( aged bureaucracy )
By your invention of a replacement of marginal difference.
( shrinking disk drives )
By applying credit to an efficient but disrupt able market.
( big box stores )
By appealing to greed and fantasy.
( gambling )
By taking advantage of taboos, laws, and regulation.
( black market and drugs )
By selling harmless pseudoscience.
( dietary supplements )
By taking advantage of hardship
( mortgage schemes )
By perpetuating a fraud. ( financial services)
By the use of bribery. (Corruption)
By violent coercion. ( organised crime )
By conspiracy ( govt )
By conquest. (War )
Ideas are neither scarce nor special. Customers, marketing, sales and distribution channels as scare everyone and special.
It is almost impossible to preserve customer focus of employee and management effort. People seek to avoid it like the unpredictable work that it is.
Credit capacity is more influential than product quality.
We try to be cunning to get attention but customers just care about the truth. Tell them.
Source date (UTC): 2016-10-18 12:27:00 UTC
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Business Terminology, Scale.
ESTABLISHMENT (small/craft) An establishment is a single physical location where business is conducted or where services or industrial operations are performed. FIRM (regional/industry): A firm is a business organization consisting of one or more domestic establishments in the same state and industry under common ownership or control.
ENTERPRISE(National/Federation) An enterprise is a business organization consisting of one or more domestic establishments under common ownership or control. —VS— SIZE Very small businesses Fewer than 20 employees Small businesses 20 to 99 employees Medium businesses 100 to 499 employees Large businesses 500 or more employees THEREFORE: THIS GRAPH …………………Establishment -> Firm -> Enterprise Large >500 ^ Medium >100 ^ Small >20 ^ Very Small >0 WHAT DOES IT LOOK LIKE? It looks like half of the people are employed by LARGE organizations, the majority of the rest by Small and very small. I look at it like this: Given Median Family Income: 50K: 500*50K=25M * 4 = 100M+ 100*50K=5M * 4 = 20M+ 20*50K=1M * 4 = ~5M+ 1*50K=50K * 4 = 200K+ WHY? Revenue per employee goes up with scale. Ratio of employee to equipment costs balances out. As an average we tend to use 30%. (Since I’ve largely been in technology, I have never run a business where it is that low). If we use the median income, and multiply by four that seems to produce a fairly good “rule of thumb”. WHATS THE HIGHEST PAID OCCUPATION IN AMERICA? Management of companies and enterprises . . ..104,041 ..Enterprises with fewer than 500 employees . . . 76,484 ..Very small enterprises . . . . . . . . . . . . . . . . . . . 155,557 ..Small enterprises . . . . . . . . . . . . . . . . . . . .. . . . 70,065 ..Medium enterprises . . . . . . . . . . . . . . . . .. . . . . 74,717 ..Large enterprises . . . . . . . . . . . . . . . . . . .. . . . 108,057 The organization of production distribution and trade is the highest paying sector in america. Entrepreneurship rules. -
Business Terminology, Scale.
ESTABLISHMENT (small/craft) An establishment is a single physical location where business is conducted or where services or industrial operations are performed. FIRM (regional/industry): A firm is a business organization consisting of one or more domestic establishments in the same state and industry under common ownership or control.
ENTERPRISE(National/Federation) An enterprise is a business organization consisting of one or more domestic establishments under common ownership or control. —VS— SIZE Very small businesses Fewer than 20 employees Small businesses 20 to 99 employees Medium businesses 100 to 499 employees Large businesses 500 or more employees THEREFORE: THIS GRAPH …………………Establishment -> Firm -> Enterprise Large >500 ^ Medium >100 ^ Small >20 ^ Very Small >0 WHAT DOES IT LOOK LIKE? It looks like half of the people are employed by LARGE organizations, the majority of the rest by Small and very small. I look at it like this: Given Median Family Income: 50K: 500*50K=25M * 4 = 100M+ 100*50K=5M * 4 = 20M+ 20*50K=1M * 4 = ~5M+ 1*50K=50K * 4 = 200K+ WHY? Revenue per employee goes up with scale. Ratio of employee to equipment costs balances out. As an average we tend to use 30%. (Since I’ve largely been in technology, I have never run a business where it is that low). If we use the median income, and multiply by four that seems to produce a fairly good “rule of thumb”. WHATS THE HIGHEST PAID OCCUPATION IN AMERICA? Management of companies and enterprises . . ..104,041 ..Enterprises with fewer than 500 employees . . . 76,484 ..Very small enterprises . . . . . . . . . . . . . . . . . . . 155,557 ..Small enterprises . . . . . . . . . . . . . . . . . . . .. . . . 70,065 ..Medium enterprises . . . . . . . . . . . . . . . . .. . . . . 74,717 ..Large enterprises . . . . . . . . . . . . . . . . . . .. . . . 108,057 The organization of production distribution and trade is the highest paying sector in america. Entrepreneurship rules.