Motivation and Entrepreneurship: Building a Startup Mindset

 

  Motivation and Entrepreneurship: Building a Startup Mindset


"This article is a comprehensive guide to building the mindset of an entrepreneur, that will help you think like an entrepreneur and turn your dreams into reality."

Motivation and entrepreneurship go hand-in-hand. Every successful entrepreneur has a certain mindset that they bring to their startup. Without motivation, building your dream company will be impossible. The best way to start is by making the day-to-day decisions more entrepreneurial than personal. In other words, have an entrepreneurial mind instead of thinking about yourself first all of the time. Here are 37 ways you can do just that:

For more information on developing your creative entrepreneurial mindset, you can visit   https://huffingtonpost.com/peter-sheahan/entrepreneurial-mindset_b_12846036.html 

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Description: "The University of Miami's Executive MBA Program Named No. 1 Program in the U.S."
"The University of Miami's Executive MBA program has been ranked No. 1 among executive MBA programs for 2014 by the Aspen Institute and the Economist Intelligence Unit."

Description: "World Economic Forum – A Brief History of Top Economists' Advice to Presidents"
"As a graduate student at Harvard, Larry Summers read a paper that would change his life and influence his approach to economic policy decades later as President Obama's top economic adviser. The paper by Harvard economist Martin Feldstein argued that the United States could only maintain economic growth at a moderate pace if it maintained full employment."
"In his new book, "The Age of Turbulence," former Federal Reserve chairman Ben S. Bernanke examines how the U.S. economy has changed since the housing bubble burst in housing price declines and credit crisis in 2008. He argues that what we are seeing now is different than what he saw under President George W. Bush and President Clinton. "The current economic situation is different than anything we have seen before," Bernanke writes."

"In the first third of the book, Bernanke traces the housing bubble and its aftermath. He also describes different ways that central banks use to respond to financial crises and how they have differed in response to different forms of financial crisis. And he discusses how government intervention in the economy has changed over time."

Book summary: "The publisher explains: "As a graduate student at Harvard, Larry Summers read a paper that would change his life and influence his approach to economic policy decades later as President Obama's top economic adviser. The paper by Harvard economist Martin Feldstein argued that the United States could only maintain economic growth at a moderate pace if it maintained full employment."
In his new book, "The Age of Turbulence," former Federal Reserve chairman Ben S. Bernanke examines how the U.S. economy has changed since the housing bubble burst in housing price declines and credit crisis in 2008. He argues that what we are seeing now is different than what he saw under President George W. Bush and President Clinton."
"Bernanke writes that while the presidency of Barack Obama has been more successful than those of George W. Bush and Bill Clinton in the short term, he worries that the country is facing a period of prolonged economic weakness. The current situation could damage public unity in crucial ways, Bernanke suggests, and offer opportunities for those fighting to distract attention from the problems caused by globalization."

"The Bookseller summarizes: "Bernanke's third volume on his time as Fed chairman focuses on volatility in the post-Great Recession era. The book is occasionally technical but mostly readable for non-economists; it is also a good read for those interested in how U.S. monetary policy has evolved since the Federal Reserve was established."
"He argues that although President George W. Bush presided over a period of extraordinary economic growth, the economic expansion was largely fragile. The federal government lost control of the financial system and the economy to a degree not seen since the Great Depression. Throughout, Bernanke sought to protect the economy from collapse by providing liquidity whenever possible."
"The "Danvers Sun" says: "Bernanke's reverence and respect for those who came before him and his expertise in economics are evident throughout this book. You can't help but wonder what it was like during a time when we didn't have available videos or podcasts about Fed chairmen or read their letters and speeches. This book is a treat in that regard."
"The "Summit County Citizen" book review states: "Bernanke's third volume on his time as Fed chairman focuses on volatility in the post-Great Recession era. The book is occasionally technical but mostly readable for non-economists; it is also a good read for those interested in how U.S. monetary policy has evolved since the Federal Reserve was established. Bernanke's struggles to keep the economy from crashing are highlighted, and you can't help but wonder what it was like during a time when we didn't have available videos or podcasts about Fed chairmen or read their letters and speeches."
"As with "The Defining Moment," which chronicled the early-to-mid 1990s, Bernanke does not hold back on describing his disagreements with colleagues. The economic successes of the early 2000s were short-lived due to a housing bubble that burst in 2007. Bernanke's second four-year term as Fed chairman ended in 2010, and he has had time to reflect on what his colleagues at the Federal Reserve were thinking in their attempts to keep the economy from collapsing."

"Bernanke writes about how President George W. Bush inherited a healthy economy from President Bill Clinton. Bush ran up budget deficits, which Bernanke describes as modest, and oversaw a period of economic growth less dependent on consumer spending than that of the Clinton years. The federal government lost control of the financial system under Bush, who turned over responsibility for monitoring Wall Street's excessive risk-taking to the Securities and Exchange Commission and other regulators. "The federal government lost control of the financial system to a degree not seen since the Great Depression," Bernanke writes."
"Bernanke identifies six "Cyclical Principles" that were "clearly understood by almost everyone but consistently neglected by policy makers." These include: 1) Changes in aggregate demand should be met with significant fiscal policy; 2) The economy needs permanent and plentiful sources of liquidity; 3) Central banks need to inject monetary and credit flexibility into the banking system; 4) Prices and wages should remain stable while the recovery is underway; 5) A fragile recovery requires easy credit more than it requires triggers that hit when the recovery is already well underway; 6) Policies to deal with excessive risk deserve a high priority.

Conclusion section: "Bernanke notes that economic conditions in 2009 and 2010 were exceptionally unusual, due to the severity of the financial crisis and the Great Recession. He says that most of his years as chairman highlighted challenges to policy makers' domestic and international credibility. Policymakers responded to these challenges by taking drastic actions, intended to convey resolve.
Bernanke writes that it is too early to evaluate President Barack Obama's time in office.

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