Eq the Enterprise Quotient

Enterprise - The Source of all Wealth

Tim Walshaw

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English

Timothy John Walshaw
22 December 2023

Entrepreneurship

The source of all wealth is enterprise. Enterprise is the action of the Entrepreneur to start a firm to produce and sell goods and services, and it is intended that the firm would operate under increasing returns to scale. The book is based on the concept of increasing returns to scale. Increasing returns to scale is the source of profit. The economic theory of increasing returns to scale is discussed in detail, and this concept explains why enterprise and entrepreneurs operate through increasing returns to scale to create wealth. Aside from the theory, Part II explains how you can get rich from nothing, using enterprise alone. Just what is in your head, and a bit of initial hard work. No capital is needed, and no, it is not risky. As a famous venture capitalist said, if the business fails, you are the last to be fired. All you need is a profitable idea. An original one is best. Otherwise you can copy somebody else's successful idea. Many do. But the firm has to operate under increasing returns to scale. Otherwise you are just buying yourself a job. So be enterprising. Start a firm to produce and sell something!

By: Tim Walshaw
Imprint: Timothy John Walshaw
Dimensions: Height: 229mm, Width: 152mm, Spine: 9mm
Weight: 227g
ISBN: 9780645978643
ISBN 10: 0645978647
Pages: 164
Publication Date: 22 December 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Tim Walshaw is an economist with many years experience. He has written several books on economics and business which readers have found rewarding.