Perhaps the single most important attribute of any new wealth creating business is its capacity to deliver “scaling”. Scaling is business characteristic of a startup that describes the intrinsic capability of certain businesses to become a “machine for printing money”; that is, for without having to reinvent the business model, scaling allows predictability such that […]
Entrepreneurship
Written By: gutiea on October 6, 2010
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IMF’s World Economic Outlook 2010
The current IMF Outlook indicates some clear trends, mainly that entrepreneurial opportunities for growth are overseas, in emerging economies, and that some developed countries opportunities fall around delivering revolutionary cost savings for government services, mainly entitlements.
“Most advanced economies and a few emerging economies still face large adjustments. Their recoveries are […]