I believe that entrepreneurs continue the work of creation and the purpose of business is individual human flourishing
Allen, TX
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Engineers and scientists can explain the 'how,' but rarely the 'why.' Don't trust their judgment on market strategy or international policy – their expertise is limited to the tech itself. Remember the Segway? #Expertise #BusinessStrategy #Tech
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A father imprisoned for 12 years, serving a 20-year sentence. His daughter, battling cancer, received solace through prayer and anointing. He remains in solitary confinement, cut off from the sun. #PrisonerOfConscience #HumanRights #FreeSpeech
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Firms are more profitable yet confused about why traditional KPIs are trending down. The real insight? Hours worked no longer reflect output delivered. Accurate timekeeping is the foundation for pricing, staffing, and AI investment. #BusinessStrategy #Productivity #KPIs
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Even Bernie Sanders and Steve Bannon are calling for an AI slowdown. When those two agree, it's a sign to go the other way. Tune into The Soul of Enterprise for more. #AI #TechPolicy
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Equating AI with AI weaponry risks repeating the mistake made with nuclear power. Unjustified condemnation could stunt beneficial AI development. #AI #Technology
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A powerful reminder: those who tragically fell from the towers were not 'jumpers,' but victims 'pushed' by fire and circumstances, a murder in essence. A critical distinction we must always remember. #NeverForget #911Anniversary #Podcast
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The smell of 9/11—ghastly, ungodly—lingered for miles. Days later, a nation found its voice: 'I can hear you.' The World Series, a bullhorn, a strike thrown with a bulletproof vest. A symbol of resilience that proved we wouldn't be bowed. #9/11 #Resilience #Leadership
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September 11th became a dividing line: 'I woke up as a child, I went to bed as an adult.' A powerful reminder of how life-altering events can reshape us overnight. From the podcast The Soul of Enterprise. #LifeLessons #Perspective #September11
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A symbol of resilience. Even with a bulletproof vest, he threw a strike that electrified a stadium. A powerful message: the world hears you, and those who seek to divide us will hear us too. Listen to The Soul of Enterprise podcast. #Resilience #Inspiration #Podcast
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On 9/11, Lt. Heather Pennie and her commander were scrambled in unarmed F-16s with a terrifying mission: fly themselves into the hijacked planes. This is a story from The Soul of Enterprise podcast. #911 #Heroism #NeverForget
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The answer to every question in economics? Transaction costs. A Nobel laureate famously told a dissertation student, "Michael the answer is transaction costs." It took 20 years, but he was right. Learn more on The Soul of Enterprise podcast. #Economics #Business #Podcast
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Economists define product value as consumer surplus—the difference between what you'd pay and what you actually pay. Even with a huge markup, if you create $6 in value for the consumer, that's real economic impact. Listen to The Soul of Enterprise. #Economics #Value #Business
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AI could drive transaction costs to zero, potentially making the optimal firm size zero. Imagine automating buying, selling, and management decisions with AI and smart contracts. The problem? #AI #FutureOfWork #Economics
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Economists often say demand curves slope downward: reduce the cost, people buy more. But the real innovation? Reducing *transaction costs*. Making it more convenient to acquire something, not cheaper, allows you to keep full price. #Economics #BusinessStrategy #TransactionCosts
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Global poverty has seen an unbelievable decline when measured by hours worked to acquire goods. Since China's market reforms, global poverty has dropped from ~70% to under 10%, though some African nations lag behind. #PovertyReduction #GlobalEconomy #MarketEconomics
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Critics question how entrepreneurs can honestly make billions. The truth? They create value for society. They pay suppliers, labor, and capital costs. #Entrepreneurship #ValueCreation #Business
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Colleges are pushing digital textbooks, but research shows physical books are superior for learning. Students lose access after the course ends. Tune into The Soul of Enterprise for more insights. #Education #CollegeLife #Textbooks
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Karl Marx facetiously compared the 'invisible hand' to an outdated, capricious system. Friedrich Hayek countered, calling it the 'use of knowledge in society' – time and place dependent, spread among us, beyond central control. #Economics #Philosophy #Podcast
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