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Is there a recipe for entrepreneurial success? Chris Wilton has established a successful and growing catering business, and the recipe he developed has some ingredients that every entrepreneur can utilize.

Show Notes: https://mises.org/library/chris-wiltons-recipe-success

"A Recipe for Entrepreneurial Success" (PDF): Mises.org/E4E_35_PDF

Economics For Entrepreneurs is also available on...
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The late Murray Rothbard has passionate fans and critics alike—but was he really the intransigent person his detractors portray? Was he prickly and difficult, or actually generous and helpful to students and colleagues? Did his reputation as an economist suffer for venturing into philosophy, ethics, history, sociology, and anarchism—even though Hayek did the same? Was Man, Economy, and State (Mises.org/MES) really just a rehash of Human Action (Mises.org/HumanAction)? Did he deviate from Mises on method? Were Power & Market and the Ethics of Liberty (Mises.org/EL) just too radical and off-putting?

Professor Patrick Newman (Mises.org/PNewman) considers critics like Arthur Burns, Kirzner, Leland Yeager, Nozick, Mario Rizzo, Selgin/White, Jason Brennan, Bryan Caplan, and of course Mises. If you like Rothbard you don't want to miss this show!

"In Defense of 'Extreme Apriorism'" by Murray Rothbard (Mises.org/Extreme)

'Conceived in Liberty, Volume V' coming October 25 (Mises.org/CIL).

Join us for a celebration of Mises and his work in Los Angeles October 25–27: Mises.org/events/supporters-summit-2019

Pricing is fundamental to business success — to generating transactions, to cash flow and to profitable operations. There’s a lot of uncertainty for entrepreneurs in the pricing process, and economics is a good source of clarity. In fact, Peter Klein tells us that economics used to be called price theory, recognizing this fundamental role of pricing in economic exchanges.

Show Notes: https://mises.org/library/peter-klein-pricing

"The Process of Pricing Discovery" (PDF): Mises.org/E4E_34_PDF

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
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and via RSS: https://mises.org/itunes/735

Presented during the session on "Law and Economics" at the Libertarian Scholars Conference on 28 September 2019 at The King's College in New York City.

Ryan McMaken (Mises.org/McMaken) and Tho Bishop (Mises.org/Bishop) join for a discussion on the differences between Congress and state legislatures. Drawing from personal experiences, the two look at the differences in incentives, leadership power, and legislative process, to look at what makes Washington DC so particularly dangerous to liberty.

Presented at the Libertarian Scholars Conference on 28 September 2019, at The King's College in New York City.

Presented at the Mises Institute's Libertarian Scholars Conference on 28 September 2019, at The King's College in New York City. Includes an introduction by Jeff Deist.

Isabel Aneyba (comarka.com) is an expert in the techniques of empathic diagnosis that yield the understanding of the customer’s mind, and she shares these techniques — and her success in starting and growing a customer research company — on the Economics For Entrepreneurs podcast.

Show Notes: https://mises.org/library/isabel-aneyba-listening-heart-and-techniques-empathy

"5 Steps To Help You Listen With Your Heart" (PDF): Mises.org/E4E_33_PDF

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
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It appears many Indians and Brazilians and Chinese are willing to risk the global warming for a chance at experiencing even a small piece of what wealthy first-world climate activists have been enjoying all their lives.

Original article: https://mises.org/wire/greta-thunberg-poor-countries-drop-dead

Ryan McMaken (Mises.org/McMaken) is the editor of Mises Wire and The Austrian.

Professor Murray Sabrin, author of the new book Why the Federal Reserve Sucks, joins HAPOD to explain why ordinary people should care about–and oppose–the Fed. This is a comprehensive look at central bank mythmaking: how money creation benefits wealthy elites at our expense; what Keynesians, monetarists, and supply-siders get wrong; and why we should understand the sordid history of money manipulation and tyranny.

James Beardsley owns and runs a law practice. He decided from the outset that he would run it like a business — not all lawyers do — and, once he had discovered Austrian Economics, he saw more clearly how to succeed in reaching his goal.

Hunter Hastings and James discuss the principles of Austrian Economics that James puts to work.

Show Notes: Mises.org/library/james-beardsley-seeing-business-world-more-clearly

"Austrian Economics: A New Lens" (PDF): Mises.org/E4E_32_PDF.

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
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and via RSS: https://mises.org/itunes/735

The best people in the world support the Mises Institute. 5,112 people to be exact. Will you join them? Mises.org/$5

Who are they? People just like you. Average people who happen to care deeply about human liberty and human flourishing. People who care about real economics. People who oppose state power, central banks, and war. People who care about truth and honest history.

They come from all walks of life. Some give $20, some give far more. But they are all people like you, people who understand the threat statism poses to our world.

We are not funded by billionaires, government grants, or wealthy foundations with agendas.That's why we need you.

The Mises Institute is unique. We attack the state, the political class and their crony clients — without exception and without apology. We "punch above our weight," as one Forbes writer puts it. We win new hearts and minds, year after year. We reach more people than some DC organizations with 10 times our budget.

So imagine what we could do with your help. With another 5,112 donors.

We are the alternative to today's universities, which Mises called "nurseries of socialism." We teach people of all ages, from all walks of life, from all across the world. Mises.org reaches nearly 5 million people, far more than most economics sites. Our summer university and fellowships helped launch people like Peter Klein, Tom Woods, and Bob Murphy. Our publications reach hundreds of thousands.

We need more than 5,112 people to help. We need you.

The goal of our Fall Campaign is simple — to increase our membership and our influence.

Just think what we could do with 5,112 more people like you!

Please take time to donate TODAY at Mises.org/$5.

Europe and Asia are awash with $13 trillion in negative yield sovereign and corporate bonds. Alan Greenspan says negative interest rates are coming to America. And the Fed just announced another rate cut, even while Chair Jay Powell and Mr. Trump assure us the economy is better than ever. Economist Bob Murphy (Mises.org/Murphy) joins Jeff Deist to make sense of the nonsensical world of negative interest rates.

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.

Original article: mises.org/wire/why-government-cant-measure-income-happiness-or-well-being

Ryan McMaken (Mises.org/McMaken) is the editor of Mises Wire and The Austrian.

Wouldn’t it be nice to predict the future? It’s tempting to reach for the analytical tools and big data sets that are newly available and for which big claims are made regarding their predictive capabilities. For entrepreneurs, small businesses and corporate innovation teams, rich qualitative data are far more relevant and collecting these data is far more productive. By this we mean talking to customers and potential customers, observing behaviors rather than collecting clickstream data, and immersing yourself in the unpredictable subjectivity of the consumer.

In this week’s Economics For Entrepreneurs podcast, Dr. Per Bylund analyzes what big data can and can’t do for entrepreneurs and the innovation process, and explains how qualitative data can generate big ideas for the future.

Show Notes: https://mises.org/library/bylund-big-data-versus-big-ideas

"Big Data vs. Big Ideas" (PDF): Mises.org/E4E_31_PDF

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
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and via RSS: https://mises.org/itunes/735

"Libertarianism" is very much a part of what is now known as "classical" liberalism — the influential free-market ideology of the nineteenth century whose effects and legacy are still felt today.

Original article: https://mises.org/wire/libertarian-just-another-word-classical-liberal

Ryan McMaken (Mises.org/McMaken) is the editor of Mises Wire and The Austrian.

The resurgent claim that the modern economy was built on slavery is yet another attempt to attack capitalism while also claiming "we are all to blame" for slavery. The slave owners of old tried a very similar tactic.

Original article: https://mises.org/wire/why-they-keep-trying-blame-capitalists-slavery

Ryan McMaken (Mises.org/McMaken) is the editor of Mises Wire and The Austrian.

In Austrian Capital Theory, Brands are valuable financial assets. Brands are architected in response to the subjective value preferences of consumers, and the more accurate the responsiveness, the higher, faster, longer and more reliable are the future cash flows. Brands are promises of value and, when the promise is kept, the result is delighted, enthusiastic and loyal consumers.

In this episode of the E4E Podcast (Mises.org/E4E), global branding expert Trini Amador explains how every business and every entrepreneur can methodically build a strong brand to deliver consumer value and unleash cash flow.

Show Notes: Mises.org/library/trini-amador-brand-building

Brand Uniqueness Blueprint (PDF): Mises.org/E4E_30_PDF

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
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Spotify: https://open.spotify.com/show/7A1kY8ksk1qL2oNf0i97Zp
and via RSS: https://mises.org/itunes/735

Professor Walter Block joins the Human Action Podcast (Mises.org/HAPod) for a fantastic in-depth discussion of Henry Hazlitt and his work. Dr. Block has great insights into Hazlitt's work on inflation, economic fallacies, ethics and utilitarianism, and more, plus great anecdotes about Hazlitt, Mises, and Rand. Economics in One Lesson may be the most important economics book ever written for lay readers, and the Mises Institute will release a new edition of the book later this fall — available free to tens of thousands of students across the world. There is still time to be listed as a patron in the book by donating at Mises.org/OneLesson.

Have you heard of the knowing-doing gap? Accumulating unique knowledge — expertise, processes, experience, skills, recipes, qualifications, etc. — is important, as we always emphasize at Economics For Entrepreneurs (Mises.org/EntrePod). In business, that’s half the story. The second part is effective action, judged by results. Knowing what to do translated into actually doing it. Becoming not just a learning organization but a doing organization.

Show Notes: https://mises.org/library/bylund-execution

5 Ways To Analyze Executional Excellence (PDF): https://Mises.org/E4E_29_PDF

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
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and via RSS: https://mises.org/itunes/735

There are many, many pathways of entrepreneurial opportunity in creative services, where it is eminently possible to succeed on talent, where big companies are eager to work with small creative companies and individuals, where agile low-overhead business models are thriving, and where technology is the entrepreneur’s friend.

It’s an exciting time for entrepreneurs to be in the creative industry, say Cheryl and Cliff Pia, founders of the Pia Agency, a leading video and audio production firm working with many of the leading brands and largest companies worldwide. It’s an industry of rapid change — for example from the orderly process of television advertising to the frantic chaos of social media and web advertising and YouTube and Twitter videos. Change is confusing and scary for established businesses, and therefore full of opportunity for innovative entrepreneurial creativity. Centripetal forces of decentralization are breaking up the “Big Agency” structures and their retainer fee-based business model. If you can become the best at a specialized service, many doors are open.

Show Notes: https://mises.org/library/cheryl-and-cliff-pia-economics-creativity

Cheryl and Cliff’s Entrepreneurial Journey Map (PDF): https://mises-media.s3.amazonaws.com/Cheryl%20and%20Cliff%20Pia%27s%20Entrepreneurial%20Journey.pdf

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
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and via RSS: https://mises.org/itunes/735

Recorded at the Mises Institute in Auburn, Alabama, on 15 July 2019.

Mises University is the world's leading instructional program in the Austrian school of economics. Mises.org/MU19

Dr. Bylund (Mises.org/Bylund) observes that students, when selecting entrepreneurial projects for his course, lean heavily towards consumer products and services. Does this represent smart entrepreneurial thinking, or not? Is it biased by (lack of) marketplace experience? Is it biased by media reporting and “buzz”? And what can practicing entrepreneurs learn from a reasoned analysis of the profit opportunities in Business-to-Business ventures compared to Business-to-Consumer ventures?

Show Notes: https://mises.org/library/bylund-entrepreneurial-opportunity-b2b-versus-b2c

B2B, B2C, and B2B2C (in PDF): https://mises-media.s3.amazonaws.com/B2B%2C%20B2C%2C%20and%20B2B2C.pdf

Economics For Entrepreneurs is also available on...
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
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and via RSS: https://mises.org/itunes/735

Recorded at the Mises Institute in Auburn, Alabama, on 19 July 2019.

Mises University is the world's leading instructional program in the Austrian school of economics. Mises.org/MU19

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Created 2 years, 9 months ago.

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The Mises Institute is the research and educational center of classical liberalism, libertarian political theory, and the Austrian School of economics.