An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Only 3% of the population in every nation on earth has enough money to qualify as an Elite. One third of that 3% were born Financially Independent, one third got there by hook or crook and the last third almost made it but needs government assistance to retire. That leaves 97% of the world’s people to fend for themselves.
Marx The Communist Manifesto – Bourgeoisie 3% and Proletariat 97%
In Marxist theory, the proletariat is the social class that does not have ownership of the means of production and whose only means of subsistence is to sell their labor power for a wage or salary.
In Marxist theory, the bourgeoisie directly or indirectly control productive property: They might own factories, mills, workshops, or other businesses; they might own the land such business are built on, or own services (like railroads or power grids) that such businesses depend on; they might be shareholders in companies that own such things, or own banks or lending institutions that such businesses are indebted to. The bourgeoisie are anyone who can take control of some productive capacity and leverage that control to make a profit for themselves.
Smith’s Proletariat & Bourgeoisie
Smith states, explicitly and repeatedly, that the true measure of a nation’s wealth is not the size of its king’s treasury or the holdings of an affluent few but rather the wages of “the laboring poor.” In a passage that Obama quoted in his speech, Smith declares that it is a matter of simple “equity” that “they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged.”
Adam Smith’s three natural laws of economics? the law of self–interest—People work for their own good. the law of competition—Competition forces people to make a better product. lowest possible price to meet demand in a market economy.
Adam Smith “All money is a matter of belief. It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. The real tragedy of the poor is the poverty of their aspirations.”
Welcome to the Age of Entrepreneurism
7 Characteristics of Successful Entrepreneurs
- Self-Motivation. One of the most important traits of entrepreneurs is self-motivation. …
- Understand What You Offer. As an entrepreneur, you need to know what you offer, and how it fits into the market. …
- Take Risks. …
- Know How to Network. …
- Basic Money Management Skills and Knowledge. …
- Flexibility. …
The February 24th DESIRE for MONEY and LOVE Card
ACE of Diamonds: Ambition is the key word for this card, and usually in form of cold, hard, cash. Contacts are very important to the Ace of Diamonds. They like secrecy in connection with their associations; both business and personal. The Ace of Diamonds can be incredibly charismatic, able to focus their magnetism to achieve success. http://www.metasymbology.com/