Tag: entrepreneurial

Interview: How Procter and Gamble Learned To Love YouTube

“Action is purposive conduct. It is not simply behavior, but behavior begot by judgments of value, aiming at a definite end and guided by ideas concerning the suitability or unsuitability of definite means. . . . It is conscious behavior. It is choosing. It is volition; it is a display of the will.” Ludwig von Mises

As a former employee of P&G I am always proud to learn from the future of one of the greatest companies on Earth.  P&G provides with hundreds of consumer goods to millions of human beings at competitive and wonderful prices.  Indeed, companies like P&G are the result of team working leaders who create a better future by giving irreplaceable experiences to its consumers.  In the following video, Melanie Healey (P&G Group President, North America) and Filippo Passerini (Group President, CIO, P&G) explain how success is about networked technology, big data analytics and 1-to-1 marketing.

As Passerini asserts, what we need right now is “business people that have passion for technology but (who don’t forget) that they are businesspeople”. Further, Healey elaborates on how global channels are currently working in global scale.  As Healy explains, they create plans that “deliver strategies faster, cheaper and better” in order to create business plans in order to fulfill the business needs.

Indeed, in a globalized world opportunities appear logarithmically while strengths are developed by giving always an added value for consumers.  Indeed, as philosophers like Ayn Rand and economist Ludwig von Mises so wonderfully elaborated as it is the philosophy of the entrepreneur what allows him to pursue successful projects.  What gives the entrepreneur the ability to succeed are market signals, which are necessary to determine what people might want and how well it was provided. Even the smartest person can’t learn if a teacher uses black chalk on a blackboard in a dark room. No entrepreneur can succeed in isolation.

Entrepreneurs and successful men with values like them are what we need in the world! People ready to create something better and work hard!

Because College Education is not the only way to Success

The Thiel Fellowship is unlike anything you’ve ever experienced. The Fellowship brings together some of the world’s most creative and motivated young people, and helps them bring their most ambitious ideas and projects to life. Thiel Fellows are given a no-strings-attached grant of $100,000 to skip college and focus on their work, their research, and their self-education. They are mentored by our network of visionary thinkers, investors, scientists, and entrepreneurs, who provide guidance and business connections that can’t be replicated in any classroom. Rather than just studying, you’re doing.

“Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It’s your task to figure out what that future history will be.” – Peter Thiel

 

Fellowship: Two Years. $100,000. Some Ideas Just Can’t Wait.

2012 Applications are open: See the application.

From Obama’s “The More Americans Succeed, The More America Succeeds” to the Truth

Today I was impressed to watch Obama’s Weekly Address of December 03, 2011 in which he literally called for Americans to unite against the Republicans.  He said that Republicans were not only opposing the American Jobs Act but that they were actually opposing to the reduction of taxes for middle class families by about $1,000.00. He was giving the speech of “we’ve got to cut taxes” and more so, that he had established a supposed computerized calculator to tell Americans how much money they were going to lose from their pockets if they don’t Stop Republicans. Here is the video,

Now, President Obama was lying once again and the reason lies behind the fact that he is calling for $1.5 trillion in new tax revenue. As professor Lew Rockwell from the Ludwig von Mises Institute noted,  the proposed cuts are not real cuts, but cuts in the rate of increase, says Rockwell. He pointed out that the tax hikes are aimed at young entrepreneurs and business people starting out, as the oligarchs don’t like new people moving up in society.

“Taxes are wealth destruction. So anybody that proposes more taxes seeks to make us poorer as a group. However, the elites will make a lot more money out of this.”

More so, Rockwell believes that Obama, funded by the biggest banks, wants to help the ruling class and stick it to the productive class. He argues that the elite bankers, military industrial complex, and big pharma are getting far too rich and must be cut back. Rockwell predicts global inflation will result from the current depression.

Watch Rockwell’s complete explanation in this video,

Occupying Wall Street for the wrong reasons

The group “The 99 percenters” (also known as the 99%) assembled in Wall Street to protest against the corporations of the United States that have benefited from the privileges granted from government through lobbying. They say to be tired of the social and economic inequality in their country.  Somehow, they consider Corporations to be the one’s to blame for this inequalities.

Now, lets hold on for a second and consider what are they protesting against and who’s to blame. Then, lets try to explain what and whom should be really blamed before continuing this protests.

What they say to be protesting against:

What are the really protesting against:

  • Social inequality: Is in fact the cultural and educational differences of those who know more than others.
  • Economic inequality: Is the result of those men who earn a salary that is higher than others; or of those who own a business and make more earnings than others.
  • Lobbying: Is the act of influencing decisions made by officials in the government in favor of some industries, unions, or groups of society.
  • Corporate greed: Is not to be confused with the profit that an entrepreneur earns in his ventures.  Greed should better be understood as the result of living and satisfying one’s wants wants by seizing and consuming the products of the labor of others. Corporations that profit with the privileges granted by government are the only ones to be attacked and denounced; not those entrepreneurs who took risks and invest their savings.

These “99 percenters” are confused.  They think that Corporations are to be blamed for the economic and financial crisis that started in 2008 in the U.S.  However, it is their government and their bureaucrats that through Congress ad the FED enabled for the crisis to happen.  This protests should have been taking place in front of the White House and the Senate instead of Wall Street. (Check this video of some of the protests in Wall Street agains the FED)

It is not all the rich and wealthy who benefit from government privileges.  The ones who did are to be blamed. But more so, the one’s to be blamed and taken to justice are the the government officials who created the legislation that ensures that corruption and impunity continue without being punished.

As Fréderic Bastiat, the journalist and philosopher from the 19th. Century, once said:

The law has placed the collective force at the disposal of the unscrupulous who wish, without risk, to exploit the person, liberty, and property of others. It has converted plunder into a right, in order to protect plunder. And it has converted lawful defense into a crime, in order to punish lawful defense.

How has this perversion of the law been accomplished? And what have been the results?

The law has been perverted by the influence of two entirely different causes: stupid greed and false philanthropy. (…)

But, generally, the law is made by one man or one class of men. And since law cannot operate without the sanction and support of a dominating force, this force must be entrusted to those who make the laws.

This fact, combined with the fatal tendency that exists in the heart of man to satisfy his wants with the least possible effort, explains the almost universal perversion of the law. Thus it is easy to understand how law, instead of checking injustice, becomes the invincible weapon of injustice. It is easy to understand why the law is used by the legislator to destroy in varying degrees among the rest of the people, their personal independence by slavery, their liberty by oppression, and their property by plunder. This is done for the benefit of the person who makes the law, and in proportion to the power that he holds.

I invite you to continue reading Bastiat’s wonderful book “The Law” online. I am myself, have read it for dozens of times and consider it one of the most enlightening works ever written. Spanish versión: La ley por Frédéric Bastiat [PDF¨]