(Eighth article of a series on Natural Enterprise, and eighth chapter of a book-in-progress on the same subject)
A few months ago I was taking our dog, Chelsea, for a walk in the local park. The park has a sizeable playground, and as we entered, Chelsea, who loves kids, trotted over and licked the leg of a little boy who was standing near the sandbox. The boy immediately smiled, turned around, put down his toy bulldozer and dump truck, and petted Chelsea enthusiastically. As we went on our way, I noticed the boy was watching three bigger kids in the sandbox. Given that he obviously wasn’t shy (at least with animals) I wondered why he looked reticent about joining the others, since his toys were clearly intended for the sand. When we returned back the way we came, we saw the boy playing by himself in a large park garden that had been excavated and filled with topsoil, but not yet planted. He had clearly decided that the sandbox was too crowded, and, although it was unconventional, the much larger, unoccupied garden was the perfect place to play. He smiled and waved to us. That, I said to myself, is the very picture of an entrepreneur. Not to strain the analogy too far, the kids in the sandbox had three competitive advantages over the enterprising boy: They were bigger than him, they were there first, and they appeared to know each other and be playing together. The economy that has emerged in the last generation looks very much like this sandbox. Size counts, being first into a market counts, and oligopoly (a few large ‘players’ cornering the market for some product or commodity) creates a nearly impossibly high entrance barrier for new players. I often feel sad for new immigrants to the West who invest their money in franchises that are cookie-cutter imitations of each other, in saturated markets, because they don’t understand the rules of the new economy. It’s capitalism, and you still can beat the odds and succeed, but it’s a closed system, heavily biased in favour of those with great wealth and influence. The best, simplest road to success for the entrepreneur is to make your own sandbox. In a previous chapter, I pointed out the critical differences between what I call Natural Enterprise and the traditional business:
The economy is always changing, always evolving, and the New Economy, the one that was supposed to be powered by information, ‘intellectual capital’ instead of physical and financial capital, is still a work in process. Two overarching economic trends of recent years have largely stalled its evolution: Globalization, which accelerates the concentration of power in the hands of the oligopolies which control most industries in the economy, and privatization, which views the dismantling of government as a positive step towards efficiency, free markets and individual enterprise, but which is in fact a sell-out of essential public assets to large oligopolies, an abandonment of the responsibility of government to regulate irresponsible corporate behaviour, and a huge disincentive for innovation. As Adam Smith said, “the real purpose of government is to protect those who run the economy from the outrage of injured citizens”. This has become discouragingly true over the past half-decade, at least in North America. So here are the grim facts facing entrepreneurs at this mid-point in the evolution towards a new economy:
That’s the bad news. Here’s the good news:
So what are the rules for entrepreneurs to succeed in this new, still not-fully-formed economy? Here are some of them:
It’s important that the entrepreneur understand the economy — how it works in theory, how it works in practice, and what are the trends right now. The business press is generally focused on the needs of the investor, rather than those of the entrepreneur, and when they actually talk about what’s happening in business, it’s almost always about large corporations — information and advice that’s often not translatable, and sometimes even dangerous, in the entrepreneurial world. There are some excellent entrpreneurial magazines, the best in my opinion being Fast Company (which also has an excellent blog), Business 2.0, and Wired. There are some good blogs by economists too, like Globalize This and MaxSpeak. What every entrepreneur needs, though, is someone to help them think through what these changes in the economy mean to their business, and to their customers’ needs and buying habits. Intelligent, informed conversations on this subject — with customers, with network colleagues, and with advisors, paid and unpaid — can provide this context and this insight, and help entrepreneurs understand and navigate the economy — the old one, the new one, and whatever is coming next. |
Navigation
Collapsniks
Albert Bates (US)
Andrew Nikiforuk (CA)
Brutus (US)
Carolyn Baker (US)*
Catherine Ingram (US)
Chris Hedges (US)
Dahr Jamail (US)
Dean Spillane-Walker (US)*
Derrick Jensen (US)
Dougald & Paul (IE/SE)*
Erik Michaels (US)
Gail Tverberg (US)
Guy McPherson (US)
Honest Sorcerer
Janaia & Robin (US)*
Jem Bendell (UK)
Mari Werner
Michael Dowd (US)*
Nate Hagens (US)
Paul Heft (US)*
Post Carbon Inst. (US)
Resilience (US)
Richard Heinberg (US)
Robert Jensen (US)
Roy Scranton (US)
Sam Mitchell (US)
Tim Morgan (UK)
Tim Watkins (UK)
Umair Haque (UK)
William Rees (CA)
XrayMike (AU)
Radical Non-Duality
Tony Parsons
Jim Newman
Tim Cliss
Andreas Müller
Kenneth Madden
Emerson Lim
Nancy Neithercut
Rosemarijn Roes
Frank McCaughey
Clare Cherikoff
Ere Parek, Izzy Cloke, Zabi AmaniEssential Reading
Archive by Category
My Bio, Contact Info, Signature Posts
About the Author (2023)
My Circles
E-mail me
--- My Best 200 Posts, 2003-22 by category, from newest to oldest ---
Collapse Watch:
Hope — On the Balance of Probabilities
The Caste War for the Dregs
Recuperation, Accommodation, Resilience
How Do We Teach the Critical Skills
Collapse Not Apocalypse
Effective Activism
'Making Sense of the World' Reading List
Notes From the Rising Dark
What is Exponential Decay
Collapse: Slowly Then Suddenly
Slouching Towards Bethlehem
Making Sense of Who We Are
What Would Net-Zero Emissions Look Like?
Post Collapse with Michael Dowd (video)
Why Economic Collapse Will Precede Climate Collapse
Being Adaptable: A Reminder List
A Culture of Fear
What Will It Take?
A Future Without Us
Dean Walker Interview (video)
The Mushroom at the End of the World
What Would It Take To Live Sustainably?
The New Political Map (Poster)
Beyond Belief
Complexity and Collapse
Requiem for a Species
Civilization Disease
What a Desolated Earth Looks Like
If We Had a Better Story...
Giving Up on Environmentalism
The Hard Part is Finding People Who Care
Going Vegan
The Dark & Gathering Sameness of the World
The End of Philosophy
A Short History of Progress
The Boiling Frog
Our Culture / Ourselves:
A CoVid-19 Recap
What It Means to be Human
A Culture Built on Wrong Models
Understanding Conservatives
Our Unique Capacity for Hatred
Not Meant to Govern Each Other
The Humanist Trap
Credulous
Amazing What People Get Used To
My Reluctant Misanthropy
The Dawn of Everything
Species Shame
Why Misinformation Doesn't Work
The Lab-Leak Hypothesis
The Right to Die
CoVid-19: Go for Zero
Pollard's Laws
On Caste
The Process of Self-Organization
The Tragic Spread of Misinformation
A Better Way to Work
The Needs of the Moment
Ask Yourself This
What to Believe Now?
Rogue Primate
Conversation & Silence
The Language of Our Eyes
True Story
May I Ask a Question?
Cultural Acedia: When We Can No Longer Care
Useless Advice
Several Short Sentences About Learning
Why I Don't Want to Hear Your Story
A Harvest of Myths
The Qualities of a Great Story
The Trouble With Stories
A Model of Identity & Community
Not Ready to Do What's Needed
A Culture of Dependence
So What's Next
Ten Things to Do When You're Feeling Hopeless
No Use to the World Broken
Living in Another World
Does Language Restrict What We Can Think?
The Value of Conversation Manifesto Nobody Knows Anything
If I Only Had 37 Days
The Only Life We Know
A Long Way Down
No Noble Savages
Figments of Reality
Too Far Ahead
Learning From Nature
The Rogue Animal
How the World Really Works:
Making Sense of Scents
An Age of Wonder
The Truth About Ukraine
Navigating Complexity
The Supply Chain Problem
The Promise of Dialogue
Too Dumb to Take Care of Ourselves
Extinction Capitalism
Homeless
Republicans Slide Into Fascism
All the Things I Was Wrong About
Several Short Sentences About Sharks
How Change Happens
What's the Best Possible Outcome?
The Perpetual Growth Machine
We Make Zero
How Long We've Been Around (graphic)
If You Wanted to Sabotage the Elections
Collective Intelligence & Complexity
Ten Things I Wish I'd Learned Earlier
The Problem With Systems
Against Hope (Video)
The Admission of Necessary Ignorance
Several Short Sentences About Jellyfish
Loren Eiseley, in Verse
A Synopsis of 'Finding the Sweet Spot'
Learning from Indigenous Cultures
The Gift Economy
The Job of the Media
The Wal-Mart Dilemma
The Illusion of the Separate Self, and Free Will:
No Free Will, No Freedom
The Other Side of 'No Me'
This Body Takes Me For a Walk
The Only One Who Really Knew Me
No Free Will — Fightin' Words
The Paradox of the Self
A Radical Non-Duality FAQ
What We Think We Know
Bark Bark Bark Bark Bark Bark Bark
Healing From Ourselves
The Entanglement Hypothesis
Nothing Needs to Happen
Nothing to Say About This
What I Wanted to Believe
A Continuous Reassemblage of Meaning
No Choice But to Misbehave
What's Apparently Happening
A Different Kind of Animal
Happy Now?
This Creature
Did Early Humans Have Selves?
Nothing On Offer Here
Even Simpler and More Hopeless Than That
Glimpses
How Our Bodies Sense the World
Fragments
What Happens in Vagus
We Have No Choice
Never Comfortable in the Skin of Self
Letting Go of the Story of Me
All There Is, Is This
A Theory of No Mind
Creative Works:
Mindful Wanderings (Reflections) (Archive)
A Prayer to No One
Frogs' Hollow (Short Story)
We Do What We Do (Poem)
Negative Assertions (Poem)
Reminder (Short Story)
A Canadian Sorry (Satire)
Under No Illusions (Short Story)
The Ever-Stranger (Poem)
The Fortune Teller (Short Story)
Non-Duality Dude (Play)
Your Self: An Owner's Manual (Satire)
All the Things I Thought I Knew (Short Story)
On the Shoulders of Giants (Short Story)
Improv (Poem)
Calling the Cage Freedom (Short Story)
Rune (Poem)
Only This (Poem)
The Other Extinction (Short Story)
Invisible (Poem)
Disruption (Short Story)
A Thought-Less Experiment (Poem)
Speaking Grosbeak (Short Story)
The Only Way There (Short Story)
The Wild Man (Short Story)
Flywheel (Short Story)
The Opposite of Presence (Satire)
How to Make Love Last (Poem)
The Horses' Bodies (Poem)
Enough (Lament)
Distracted (Short Story)
Worse, Still (Poem)
Conjurer (Satire)
A Conversation (Short Story)
Farewell to Albion (Poem)
My Other Sites
Hi Dave, A great chapter. I look forward to the finished book. To me it makes perfect sense, as I believe I think like you. As a matter of fact I am modeling my business concept around this philosophy. In the mean time, us simple folks that use our brains still have to communicate with the old world, living in the MBA age. Many official procedures still only work by abbiding to outdated rules and regulations. Any thoughts on how to bridge that gap. To some extend you can’t blame the folks with less creativty, although they can be the cause of lack of progress.CheersBen
Thanks, Ben. The chapter on Day to Day Operations will have something on bridging the gap, and working with ‘old economy’ businesses and thinking.