Thursday, 12 November 2015

One thing you can surely do better than Aristotle

Aristotle was a great philosopher, but entrepreneurship was one thing that he never managed to understand. In the "Nicomachean Ethics," his essay on justice and morality, he views society as a market where human desires are stable, where the demand for each product is constant, and each purchase has a predictable price.

Changing conditions

You don't need to look at the world for long to rate Aristotle's view as highly unrealistic. The truth is that, in the field of work and commerce, prices vary incessantly. New products appear daily on the market. Growing ventures create jobs, while old-fashioned industries are reducing the number of their employees. Trading conditions change, markets move, and money circulates.

Businessmen are conscious of the fact that initiative leads to success. Entrepreneurship is the lifeblood of innovation. Economic growth begins with one person making the first move and showing the way. In order to surpass average results, a man has to step out of the routine.

In the world of business, clients and profits are the result of entrepreneurship. A company that has profitable sales can always borrow money. Bankers seldom refuse a loan to businesses that generate positive cash-flow. Personal initiative fuels innovation and drives companies to higher levels of performance.


Take the initiative


The situation is not much different in the area of relationships. Friendship and love grow stale without personal initiative. Developing a happy social life requires a certain type of entrepreneurship. This is a factor that cannot be replaced by any amount of wishful thinking.

Unfortunately, the entrepreneurial factor in love and happiness is frequently underrated or denied. Television repeatedly shows stories where success happens by chance. Films love to portray heroes who attain happiness by coincidence without any effort from their side. Those tales are mostly made-up and a wise man should never take them as a fair representation of reality.

Entrepreneurial activity involves shifting resources through time and space. A businessman might, for instance, borrow money at 6% interest in order to invest it for a 10% return. If he does that several times with growing sums of money, chances are that he will become very wealthy.

The princople can also be applied to the field of relationships. If you wish to enjoy a great social life in the future, you should make the effort to establish new contacts regularly. Even if you just meet one new person per week, sooner or later, you will get to know a few individuals who share your values.


Fresh opportunities


Friendships and love relations can begin in the most unusual circumstances. The key requirement is that individuals should be open to an initial contact. Brief introductions may lead to further interactions that develop into long-term relationships. This is why entrepreneurs are always alert to fresh opportunities to meet new people. You will observe the same attitude in those who enjoy happy social lives.

Entrepreneurial minds can be spotted by their extreme impatience at school or during their apprenticeship. They dislike slow motion and are driven towards activities that produce tangible results. They want to lead a life of growing improvement and continuous progress. They view speed as a synonym of efficiency.

Interesting people


Let me encourage you to adopt an entrepreneurial attitude in the area of personal relationships. Everybody has constrains in terms of time and resources, but those limitations should not prevent you from seeking out opportunities to meet new people whom you might find interesting.

Conferences that revolve around your favourite subjects constitute great places for meeting like-minded individuals. In the majority of cases, those initial contacts will not lead to friendship or love and that is precisely the way it should be.

Entrepreneurs are only interested in opportunities that are right for them. They know that, before they can embrace one successful idea, they will have to discard many others that lead nowhere. Resources are always limited, but p
ossibilities are infinite.

Text: http://johnvespasian.blogspot.com

Image by PlaitsandBows under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us


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