“The term ‘free market’ is really a euphemism. What the far right actually means by this term is ‘lawless market.’ In a lawless market, entrepreneurs can get away with privatizing the benefits of the market (profits) while socializing its costs (like pollution).” MeanTermCostBenefitsEntrepreneurProfitGet AwayPollutionFree MarketEuphemismSocializing Author:Steve Kangas
“Food trucks give creative entrepreneurs the ability to cook with freedom and make what they love, meaning that they can create highly specialized meals without having the high overhead costs of running a restaurant.” GivingRunningAbilityCreativeCostEntrepreneurCooksMealsRestaurantsTruckOverheadLove MeansFood Trucks Author:Homaro Cantu
“A firm, therefore, consists of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur... As a firm gets larger, there may be decreasing returns to the entrepreneur function, that is, the costs of organising additional transactions within the firm may rise.” MayExistenceReturnCostResourcesFunctionEntrepreneurFirmDependentTransactions Author:Ronald Coase
“I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that.” IfsTryingWould BeCostEntrepreneurMore TimeEfficientCheaperMonetaryDelegatesDelegation Author:James Altucher
“The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question; that is, at the rate which the entrepreneur could obtain in other investments” DoneInterestPeriodsCostEntrepreneurInvestmentRateAlternativesOccupationEmploying Author:Kenneth E. Boulding
“Health care costs blunt the competitive edge of American entrepreneurs, from the auto industry to internet start-ups.” CareStupidIndustryInternetCostEntrepreneurEdgesHealth CareBluntAuto IndustryHealth Care Costs Author:Tom Allen
“There are so many opportunities to make a bad decision in building a robot company on top of all the normal ways that entrepreneurs screw up that it is incredibly difficult to truly create value because it is so cost-sensitive.” WayValuesOpportunityDifficultDecisionCompanyBuildingCostNormalEntrepreneurSensitiveScrewsRobotsScrew UpsBad Decision Author:Colin Angle
“I think that if there's some innovative entrepreneurs out there who can help teach people how they can cost-effectively help themselves and their planet, I think everybody would be for it. That's going to be the challenge - figuring a way to get the marketplace and commerce to teach us consumers another way.” PeopleIfsThinkingWayHelpingWould BeChallengesTeachPlanetsCostEntrepreneurConsumersCommerceAnother WayInnovativeMarketplace Author:Ricky Schroder