Monthly Archives: December 2007

The Significance of Voluntary Transactions

Posted on December 13, 2007 by Tom

One of the fundamental underpinnings of modern capitalism is the voluntariness of the transactions that make up the commerce in a capitalistic society. My patronage of a coffee shop, and the subsequent exchange of $4.00 for an eggnog latte, is … Continue reading →

Posted in Economics | Leave a comment

It's a Marathon, not a Sprint

Posted on December 12, 2007 by Tom

Contrary to our society’s romanticized vision of an entrepreneur’s life, success takes a long time to come (if it ever does). While there are famous counter-examples, in the overwhelming number of cases, success takes years and even decades of hard … Continue reading →

Posted in Business, Entrepreneurialism, Leadership | Leave a comment