Best of the Week
Most Popular
1. Market Decline Will Lead To Pension Collapse, USD Devaluation, And NWO - Raymond_Matison
2.Uber’s Nightmare Has Just Started - Stephen_McBride
3.Stock Market Crash Black Swan Event Set Up Sept 12th? - Brad_Gudgeon
4.GDow Stock Market Trend Forecast Update - Nadeem_Walayat
5.Gold Significant Correction Has Started - Clive_Maund
6.British Pound GBP vs Brexit Chaos Timeline - Nadeem_Walayat
7.Cameco Crash, Uranium Sector Won’t Catch a break - Richard_Mills
8.Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - Dan_Amerman
9.Gold When Global Insanity Prevails - Michael Ballanger
10.UK General Election Forecast 2019 - Betting Market Odds - Nadeem_Walayat
Last 7 days
US Treasury Bonds Pause Near Resistance Before The Next Rally - 18th Oct 19
The Biggest Housing Boom in US History Has Just Begun - 18th Oct 19
British Pound Brexit Chaos GBP Trend Forecast - 18th Oct 19
Stocks Don’t Care About Trump Impeachment - 17th Oct 19
Currencies Show A Shift to Safety And Maturity – What Does It Mean? - 17th Oct 19
Stock Market Future Projected Cycles - 17th Oct 19
Weekly SPX & Gold Price Cycle Report - 17th Oct 19
What Makes United Markets Capital Different From Other Online Brokers? - 17th Oct 19
Stock Market Dow Long-term Trend Analysis - 16th Oct 19
This Is Not a Money Printing Press - 16th Oct 19
Online Casino Operator LeoVegas is Optimistic about the Future - 16th Oct 19
Stock Market Dow Elliott Wave Analysis Forecast - Video - 16th Oct 19
$100 Silver Has Come And Gone - 16th Oct 19
Stock Market Roll Over Risk to New highs in S&P 500 - 16th Oct 19
10 Best Trading Schools and Courses for Students - 16th Oct 19
Dow Stock Market Short-term Trend Analysis - 15th Oct 19
The Many Aligning Signals in Gold - 15th Oct 19
Market Action Suggests Downside in Precious Metals - 15th Oct 19
US Major Stock Market Indexes Retest Critical Price Channel Resistance - 15th Oct 19
“Baghad Jerome” Powell Denies the Fed Is Using Financial Crisis Tools - 15th Oct 19
British Pound GBP Trend Analysis - 14th Oct 19
A Guide to Financing Your Next Car - 14th Oct 19
America's Ruling Class - Underestimating Them & Overestimating Us - 14th Oct 19
Stock Market Range Bound - 14th Oct 19
Gold, Silver Bonds - Inflation in the Offing? - 14th Oct 19
East-West Trade War: Never Take a Knife to a Gunfight - 14th Oct 19
Consider Precious Metals for Insurance First, Profit Second... - 14th Oct 19
Stock Market Dow Elliott Wave Analysis Forecast - 13th Oct 19
The Most Successful IPOs Have This One Thing in Common - 13th Oct 19
Precious Metals & Stock Market VIX Are Set To Launch Dramatically Higher - 13th Oct 19
Discovery Sport EGR Valve Gasket Problems - Land Rover Dealer Fix - 13th Oct 19
Stock Market US Presidential Cycle - Video - 12th Oct 19
Social Security Is Screwing Millennials - 12th Oct 19
Gold Gifts Traders With Another Rotation Below $1500 - 12th Oct 19
US Dollar Index Trend Analysis - 11th Oct 19
China Golden Week Sales Exceed Expectations - 11th Oct 19
Stock Market Short-term Consolidation Does Not change Secular Bullish Trend - 11th Oct 19
The Allure of Upswings in Silver Mining Stocks - 11th Oct 19
US Housing Market 2018-2019 and 2006-2007: Similarities & Differences - 11th Oct 19
Now Is the Time to Load Up on 5G Stocks - 11th Oct 19
Why the Law Can’t Protect Your Money - 11th Oct 19
Will Miami be the First U.S. Real Estate Bubble to Burst? - 11th Oct 19
How Online Casinos Maximise Profits - 11th Oct 19
3 Tips for Picking Junior Gold Stocks - 10th Oct 19
How Does Inflation Affect Exchange Rates? - 10th Oct 19
This Is the Best Time to Load Up on These 3 Value Stocks - 10th Oct 19
What Makes this Gold Market Rally Different From All Others - 10th Oct 19
Stock Market US Presidential Cycle - 9th Oct 19

Market Oracle FREE Newsletter

Stock Market Trend Forecast Oct - Dec 2019 by Nadeem Walayat

Corporations vs. Entrepreneurship

Politics / Social Issues Jun 24, 2015 - 09:53 AM GMT

By: BATR

Politics

The corporate culture would have you believe that it is the foremost structure of the economy. That the entrepreneur is a nuisance and is tilting at windmills. Since competition is a dirty word, the innovative venture poses no threat, but might qualify as an acquisition. Only if the business model is such that duplicating the endeavor is too time consuming or difficult will the corporatist take interest. Yet, in the end, the design of the corporate organization is more about brute force than creative invention. So why is it so difficult for the enterpriser to get their project off the ground? And what is the compelling motivation to start your own business? 


An independent businessperson is a much different breed from the corporate ladder climber. Consider the 7 Reasons to Ditch the Corporate World for a Career at a Startup.

1.    Getting recognition

2.    Having more responsibility

3.    Bonding with coworkers

4.    Learning from true innovators

5.    Embracing new opportunities

6.    Putting your strengths to work

7.    Working toward the money

If you have never been part of a small business and your only experience is with a corporatist organization, some of the above aspects may seem foreign if not outright dangerous. In order to help define the difference between the two mindsets, Jun Loayza founder of Future Delivery provides the following assessment in Corporate World vs Entrepreneurial Life.

“The corporate world is calling with nice cars, fancy lunches, and guaranteed paychecks — if you’re willing to put your dream company on hold and sit in a low-walled prison five days a week.  If you’re torn between stable income and the wish fulfillment of a bold new venture, listen up to someone who’s had the pleasure and pain of living in both worlds.”

Work/Life balance vs Lifestyle

Steady Income vs No Money

Good Enough vs Better than All the Rest

These headings compare the vast differences in thinking, temperament, objectives and goals. Start-up attempts usually begin with an idea for a product or service that is not currently available. Formulating a business plan and identifying a method to monetize a return is often overlooked, when the visionary is engaged with the excitement that a successful rollout could generate.

A small business owner of a more established sector operation is more concerned with surviving competition, maintaining margins, expanding market share and gaining access to capital for growth and expenses. This difference from the dreamer turned practical, separates the emphasis both apply.

So the similarities between the merchant and the innovative entrepreneur are far more in common than the style used by Corporate America Is Killing Your Start-up Dreams. The Inc. publication presents aspects of the corporate culture and how it works.

Note the vast difference in the business model employed by corporations from the entrepreneur. While they preach company loyalty, corporatists actually exercise a pattern of expediency.   

Corporate America Creates a False Sense of Security

The corporate climb is slow and at each rung you're reminded that there is so much still to do before reaching the next level

Knowledge is power

Mitigating risk is key

You only live once

Corporatism 101 presents background on the difference between corporatism and corporations. However, the blunt distinction in both prove to be light years different from an economy driven by  creative and pioneering projects that advance, grow and create actual new wealth.

Corporate mores seldom exhibit a passion to improve the economic well being of consumers, but frequently tap the consumerism of the customer to keep the engine of materialism as the life blood of business.

Add to this aspect the financial sector of the corporate economy and the lack of any real competition is vividly demonstrated. There is little room for start-up financial ventures, when the source of capital access is mainly reserved to the largest of corporate companies.

It is because of this reason that most plans fail. Money is a necessary ingredient to float a start-up. Finding an angel financier to raise the needed venture capital is usually reserved to seasoned business people.

Nonetheless, for those brave souls who strike out on their own, the risks are substantial. What happens if your flop? Going back to a previous life may not be an option.

Why Corporations Won’t Hire An Entrepreneur defines the issue well.

“Corporations have become factories of mental models created over decades of controlling how and what people think through the influence of power and money. The attitudes have created cultures of “we are in control and we pay you to follow the rules we make“.

These mental models were designed to build organizations where compliance and productivity of human labor determined profitability.  Subsequently organizations were built around a hierarchy of control similar to the military where the strategy was to beat the enemy.  This mental model is dependent on compliance.  Compliance through control of resources via influence of power and money has proven to be limiting and costly.”

Basically, the dilemma is that forced compliance works better than free association in the trenches of economic dominance. The essential notion of a free market is an illusion. In the real world of goods and services the big box store, energy supplier, food processor and financial services are the realm of protective trade secrets.

While it might be easy to analyze how a large retailer operates, it may not be as transparent on how that business maintains its dominance over their own market share. The entrepreneur is constantly fighting to get into the game. Carving out a small niche that flies under the corporate radar screen is the best chance to refine and expand a start-up.

Forget about transferring the entrepreneurship mindset into the corporate structure. Both planets orbit in different universes. With the systemic decline in a viable economy, the unemployment stats and the underemployment part time jobs that emerge from the corporatist companies allow for little future for our society or individual security.

America was built by daring entrepreneurs long before the corporate system.

Source: http://www.batr.org/corporatocracy/062415.html

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2015 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors

BATR Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules