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When Will Economic Intellectualism Finally Surrender to Entrepreneurial Mysticism?

Feature Article When Will Economic Intellectualism Finally Surrender to Entrepreneurial Mysticism?
TUE, 20 FEB 2024 LISTEN

Firstly, critically segregated worldwide, the most significant importance is given to only two types of mindsets when applied in trade and commerce: Check any huge business event or a trade show. One is the 'job-seeker mindset, 'the career-minded who acquires degrees and special skills and becomes the enterprise builder, and the other is the 'job creator' mindset, the casually educated, mostly dropped out, out-of-the-box risk taker who originates unique ides and create such enterprises in the first place.

Secondly, since the past millennia, no one has found another solution to replace entrepreneurialism; a pill, a tonic, some potions, a few blueprints, or AI-supported witchcraft to magically create one or 1,000,000 diverse ideas but deliver into a tiny, alive and breathing enterprise without the entrepreneurial mysticism and without the active role of an entrepreneurial mindset?

Thirdly, and realistically, with no further proof required, over a million entrepreneurs have already created over a million original small and medium businesses and grown them into each, creating over a million jobs. Why the lingering fear of identifying at 1000 or at least one Nobel Prize Winner in Economics, whoever built one such enterprise?

Fourthly, what is Entrepreneurial Intellectualism? Each small business creation is a grand puzzle about a grand success in the making; something exclusively and only mystically blossoms in the hands of the entrepreneurial founder. This art as it is: "Tacit Knowledge" something cannot be written, like riding a bike or swimming. Study 100 entrepreneurs, first and later, walk into a global accounting or law firm and observe the replicated armies of successful professionals. Accounting, economics, or law is "Explicit Knowledge," something written, explained with all the right and wrong steps in sequence, ready for memorizing and replicating. However, combining both mindsets is the best strategy.

Why this global dialogue? It is not an economic study but an entrepreneurial response to entrepreneurial problems for hundreds of millions of untapped entrepreneurs in some 100 countries. Economics has nothing to do with entrepreneurialism. Entrepreneurialism has everything to do with economic development. Cabinet-level discussions are needed to uplift the national citizenry.

Every entrepreneurial journey entangled with its mysticism, when engaged in a battle of minds and skills and giving birth to a new global idea of life-altering international industry, creates intense creativity and experimentation, creating a lot of debris.

Just like a broom, the economy sweeps and collects the dust and debris from the tactical entrepreneurial battlefields. Sometimes, when brilliant, risky notions are being tested, ideas tossed like bone-china porcelain flying around get smashed and create debris; later, they are swept by economic brooms and carefully labeled and jarred as relics for latter-day prophesies. It is an open challenge to economic thinking to come out and define 'entrepreneurialism' and why it is such a forbidden land for academia and their economic numbering games.

So conceptually, when one million top architects can design a million beautifully detailed skyscraper concepts for a city, but until and unless there are a million proven construction contractors to build a million skyscrapers, that city may never rise; however, if all such renderings are left to architects to do it alone, come the first major storm, more than half of the skyscrapers will crumble. Architects design while builders apply construction laws and erect; henceforth, combinations of both skills create beautiful results and lasting cities. Our past millennia prove this balance.

But rationally, when ballerinas cannot tackle sumo wrestlers, and sumo wrestlers cannot perform Swan Lake, let the monkeys climb the trees and the goldfish swim. A beautiful selection of styles and high-performance types of mindsets deeply surrounds our world. We must uplift and optimize their natural strengths.

WOW, where is this narrative leading to? After millennia passed, if there is no other substitute to create a new enterprise, how come today, across the free world, only 99% of the economic development teams are of job-seeker mindsets? What went wrong?

Nevertheless, it is now an open global challenge: an open invitation to the "economic intelligentsias" of the free world to finally recognize that "entrepreneurial mysticism" and its narratives have always been the prime pillars of the actual structural development of any economic progress. Entrepreneurialism is historically proven to be the only known driver of commerce; as the originator, generator, and deliverer of the final three-dimensional genuine growth business concept and model that has grown over millennia and has now brought us here to what is known as the trade and commerce of the entire world.

Birthed by an SME, the first ever concept of a tiny, unknown starting-out business, this is when a solo hunter or a wanderer, a lost risk taker with a job creator entrepreneurial mindset, developed a small single enterprise. It is critically important to note that on that day, neither any School of Economics nor any global financial institution was in any presence.

However, millennia later, the economic school of thought created its versions of studies, invented terminologies, and invented fancy legal instruments customized to serve special agenda-centric loopholes and guidance on value manipulation options to serve particular goals. They have benefited and enabled economic sciences to grow alongside entrepreneurial development.

Follow the tracks: Whenever it became an earth-shattering commercial phenomenon, every tiny unknown SME, like UBER, Hilton, Airbnb, telephone, or Apple, only added new chapters in economic thinking.

Worldwide, in the last century, Western economic research and intellectualism enjoyed celebrity status as the agro-industrial amalgamation with technology under entrepreneurial mysticism provided unlimited residual thought and wisdom. Compilation of such constant disruption and innovation provided data numbering into forecasting and deductions, mesmerizing political punditry. Such random Entrepreneurial walks into unknown territories and coming back with earth-shattering results, plus wild risk-taking, were critically rationalized and balanced with economic wizardry to offer some logical sense and framework.

Now, in this century, such mega transitional forces of industrialization have already been sacrificed to 'globalization' and manufacturing bases exported to Asia, which has been the cheap labor of the last decades. The absence of entrepreneurial vibrancy and new waves of content now challenges the current economic thought continuum and shows a need for solutions.

Economic charting alone without real hardcore, risk-taking engagement, experience, and shouldering the final acts of delivering desired goods and services, globally only available via entrepreneurial mysticism, has snatched the wisdom and left them with abstract theories.

The world of economic monitoring today is primarily occupied with crypto-paper-digital-currencies. The lack of entrepreneurial thought is where the USA, during the last two centuries, China of the previous couple of decades, India this decade, and a dozen Eastern and South nations proved the power of national mobilization of entrepreneurialism and repeatedly demonstrated what it takes to create a power economy. Study The Movements of BRICS & Blocs....

The outside world always uses SMEs as a small item that appears in each economic forecast but needs to be demonstrated as an authoritative analysis with future growth patterns. A review of the last 100 studies produced by global economic bodies all measure and recite circular data patterns, critically missing entrepreneurial mysticism's prime role.

The biggest mistake in economic thinking has always been treating SMEs as small entities. It's like calling a baby elephant "small" - a clear lack of knowledge about zoology. Study The Greatest Global Error of Economic Thinking

East, South, and Blocs are less driven by economic modeling alone; visibly, they are SME grassroots revolution-centric. During the last decades, 'population-rich-nations' have acquired a distinct advantage over 'knowledge-rich-nations—more on Google.

In modern times, economic thinking has played a vital role in understanding and displaying the complex mechanism of money and trade. Nevertheless, in time, it now controls center politics, blocks entrepreneurial thinking, and pushes away the SME source as the biggest and the original player in the national economy. Visible lingering damage to almost all the free world's economies is astonishing; the lack of solution, execution, and planning and the absence of any high-level bold and open debates and discussion have all climaxed the call for a significant global change in economic thinking.

The United Fronts: Nevertheless, it would be wise to bring not only economic mindsets, academic mindsets, and traditionally all job seekers' mindsets with entrepreneurial and job creators' mindsets to formulate better growth ideas as the best strategy.

The economic intelligentsia can significantly benefit from recognizing this aspect and bringing both mindsets, the job-seeker and job-creators, closer to making a better future for grassroots prosperity, which is the accurate measurement of economic progress.

This narrative is not a war between the respected 'economic intelligentsias' and out-of-the-box, risky, and adventurous 'entrepreneurial mysticism.' but advanced thinking as the global age demands high-speed in6tercations from the real-value creation entrap-reburial ideas to the numerical games of creating economic models.

The problematic question: Already digitally exposed, nation-by-nation, across the free economies, with accessible profiles available on LinkedIn, where a million working at senior levels in national governments across the world managing economic affairs and development are not only critically missing any entrepreneurial and business creation experiences, while whatever performances we have to date can only be dramatically improved. Today, about 99% of the economic development teams have job-seeking mindsets. How fast can such problems be fixed?

The desired goals of testing: It has been proven in millions of success stories of business development and proven mathematically that once balanced, both mindsets shine; however, the situation becomes critical if the absence of job creator mindsets is less than 10% and points to failure.

The magical timelines: It takes a day to test all the national teams and measure the good balances and critical divides between the job seeker and job creator mindsets. It takes an additional ten days to discover the top ten common gaps creating the negative divides and another 100 days to orient the entire national economic teams to arrive on the same page of combined thinking to start a fresh outlook on current challenges.

Meritocracies will drive the future where AI roams: Digital bleach will expose all parts and all sizes of governments, individual profiles, skills and actions, timelines, and results. With no place to hide, bureaucracies will be forced to shine or get shut out. Globally, a billion bureaucratic staff members are on the line with their precise performance, productivity, and profitability digitally exposed. AI will squeeze out talent and reshape thinking. Nothing can stop it.

A quick audit of any national economic development will tell a surprising story.

Why the lingering mistakes: Economic development without entrepreneurialism is only economic destruction. Any political power without economic power is no power. Any economic power without entrepreneurial power is no growth. Any entrepreneurial power without a balanced mindset hypothesis is no power. The mindset hypothesis creates a balance between the job seeker's and job creator's mindsets. Increasing the debt ceiling is not an economic success but a grand failure. Abandoning a national citizenry that cannot stand up to global age competitiveness is a political failure. Inabilities to identify, categorize, and digitize high-potential SMEs is an economic development failure.

How can all this be fixed, how will the existing economic development teams shine, and how can they be oriented to reach new heights? How fast can change commence, and how efficient are digital platforms in boosting global interactions?

Economic narratives: If there are some 200 million SMEs across the free world, economically, they may represent banking opportunities of some $10 trillion of new finances in various types and sizes; therefore, they are a great market.

Entrepreneurial narratives: Access to finance is a myth prophesied by the banking thinking. Entrepreneurs hate loans; they strive for revenue, where the entire focus of the early enterprise is categorically not seeking taxation benefits, intellectual property, or access to finance but creating a proven model of the business and fundamental value creation mechanism that will turn the wheel of trade, bring revenue, attract investors and profitability will open bridges to routine financing.

Total Global Exports $25 Trillion: What Potentials for global SME exporters and micro manufacturing

The top $5 trillion imports are already quality-hungry, so why will this offer limited potential to producers of good quality goods and services across the world? Recognition of Entrepreneurial Mysticism as the driving force is where all the problems are hidden; millions of super successful, life-altering, earth-shattering ideas were outright and flatly rejected by banks entrapped in their conventional economic thinking—no further proof required.

True, 90% of SMEs fail, but the small number of survivors still ends up many times more significant as the most powerful tool of growth carving the face of the nation. Nevertheless, these lost 90% of SMEs, and their founding entrepreneurs keep coming back and often win after a few attempts.

Study Silicone Valley as it never was an academic or access to finance project; when waving wires and buttons, entrepreneurs came out of the garages and created new language, thinking, and execution models that changed the world forever. Some 100 nations still struggle to copy this as an academic model but are missing out on entrepreneurial reasoning.

The House of Cards: Today, blowing winds are collapsing the economies like houses of cards. The single word that defines what drives entrepreneurialism is 'value-creation.' The single word that drives economic intelligentsia is 'value manipulations'; therefore, to fully grasp the narratives, it is presumed both narratives have been relatively studied. When economic data and rules of engagements are out of order, the super-complex markets gasping as freshly printed currencies cannot save them.

The 4B Factor: Governments worldwide need to train their citizens adequately, and as a result, they are now facing what is commonly referred to as the four-billion factor when a billion workers are displaced due to the pandemic, another billion are replaced due to automation, a billion are in the wrong jobs due to incorrect job titles, and now a billion are at risk of starvation due to the collapsing economies.

The triangulation AI + SME + 4B Factor: AI will cause a mega change in human productivity; mentally prepared and performance-driven, the diligent warriors will welcome massive administrative and process floods and streams and their realignments. The physical work driven by moving papers and shunting procedures will suffer immensely. The job security factor will manifest in many ways, from open fear to social issues.

If you hear the distant drumming of your restless citizenry marching, an urgent call for solutions is needed to create a high-wage & low-tax economy, what it takes to create a real value-creation economy, and all based on actual productivity, performance, and profitability. Comprehension of this formula requires entrepreneurial thinking.

JOB-SEEKER MINDSET + JOB-CREATOR MINDSET =

ENTREPRENEURIAL ECONOMIC DEVELOPMENT =

ENTREPRENEURIAL ECONOMY = ECONOMIC PROSPERITY=

GRASSROOTS PROSPERITY
The Five Pillars of Global-Age Transformation are as follows:

1. Global Age Exportability: What prevents local high-potential SMEs or enterprises from expanding to 100 countries?

2. Global Age Thinking: What changes are required to re-organize and operate like a multinational organization with little or no additional costs?

3. Global Age Enterprise: What strategies are necessary to optimize and combine 'soft power assets' with 'hard asset centricity'?

4. Global Age Execution: What steps are needed to gain in 365 hours? What is typically accomplished in 365 days?

5. Global Age Prosperity: What actions must be taken to attract prosperity with new revenues, foreign funding, and collaborative alliances?

Now, the selection of The 100 Champions: Across 100 countries, Expothon Worldwide has started selecting within each region a single local Champion and beginning a high-speed, high-value, top-level program orienting them on the Mastery of 'National Mobilization of Entrepreneurialism Protocols,' allowing them to lead with global perspectives and global connectivity zooming in to help their local and national regions. This program and candidate selection is based on merits, skills, and experiences, with capabilities and desires to help local economic leadership comprehend and grasp the size and scope of the economic uplift and required deployment steps of national mobilization of SMEs. The goals of quadrupling high-potential SMEs' productivity, performance, and profitability will directly impact exports and attract foreign exchange. This program is to help build and create visionary local leaders to deploy entrepreneurialism as a national hidden treasure. For qualified candidates, communication is open via LinkedIn in this master's program.

Grassroots prosperity is in the hands of economy and economy in the hands of the entrepreneurs and the entrepreneurial national mobilization in the hands of the sound governmental leadership. Nations with over 1000 years of history understands this very well.

Face the music; AI cyclones, modifications at rocket science speed, accuracy at frightening pace will magnetize entrepreneurialism for being driven by super efficiencies. Entrepreneurialism by birth is totally against sluggish bureaucracies. The progressive trends, compounded by new math, allow today's investment of $1000 to buy what was once available to multinational organizations for over a million dollars a couple of decades ago. This is music to the job-creator mindsets.

Study and watch the video; "A Ministry of Entrepreneurialism"

The Conclusion: How fast can Economical Intellectualism come together with Entrepreneurial Mysticism is where the magic is hidden. With 100 countries trying their best to open up the floodgates, create new oceans of SMEs, and uplift entrepreneurialism, how fast can they demonstrate mastery of such topics? Right or wrong such topics if not discussed as top national agenda only proves lack of skills, knowledge and experiences

It is an entrepreneurial response to the grand economic failures of most nations during the last decades for not up-skilling SMEs and re-skilling manufacturers. Nevertheless, failing to understand the 'mindset hypothesis,' the difference between the job seeker and job creator mindsets is the first critical step to learning for any significant dialogue on SME economic recovery. Failing to articulate the 'national mobilization of entrepreneurialism' is the second step to acquiring mastery for any national economic development activity. Ignoring the rise of the economic power of small and medium businesses worldwide is a grave mistake. More on Google

The romancing with Machiavellianism is declining, and now economic thinking is overly cozy with political powers. The danger of the House of Cards collapsing now only increases the risk of further chaos. Therefore, as the world teeters towards digital currencies and unlimited, untraceable treasuries, it is time to balance the books and handle the balanced mindsets before a total mental breakdown.

The Government Planning & Creating an Entrepreneurial Economy:

Allow micro-small-medium enterprises to have a tax-free window on the first few million in export revenues, creating local jobs and bringing foreign exchange.

Allow micro-small-medium enterprises to have free access to all dormant Intellectual Property.

Allow academic Experts and Scientists on innovative technologies and related skills on free voucher programs.

Allow micro-small-medium enterprises free full-time MBA as 12-month interns so graduates can acquire real entrepreneurialism.

Allow millions of qualified entrepreneurs to land within a nation for 5-10 years under a tax-free visa program.

Allow the National Administration of Mobilization of Entrepreneurialism to be mandated to engage trade and export bodies.

Understanding the narrative of Expothon Worldwide: Henry Ford neither invented the tire nor the car engine; he created the Assembly line. Expothon neither created the SME nor the exportability. It began advanced thinking on 'national mobilization of entrepreneurialism as a highly streamlined, 24x7x365 SME up-skilling operation in simultaneous synchronization of the most significant but ignored greatest national economic assets; a decade later, this narrative is gaining global attention. Expothon has been sharing information weekly with some 2,000 senior officials at the Cabinet level in around 100 countries for the last 50 to 100 weeks. Mastery of new entrepreneurial economic thinking is a new revolution in SME Mobilization. We are constantly adding new talents. A global high-level virtual event series will further advance the agenda, and in planning are high-level debates to clarify and table turnkey mobilization options in the coming months. Study more on Google.

A senior-level meeting is a good starting point to lay out customized plans fitting each nation.

The rest is easy.

Which team do you think has the higher chance of winning the 2024 elections?

Started: 02-07-2024 | Ends: 31-10-2024

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