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Saturday, July 2, 2011

From John Wren's Daring Mighty Things-- The Simplest Way to Start Your First (or Next) New Business, endorse by Dr. Amar Bhide For a link to a free copy of the entire book, email or call (303)861-1447.

The world will always have government, big-business, and big-labor: government for those things individuals cannot do for themselves and big-business and big-labor because of certain efficiencies of scale.

Unfortunately, the large scale of these three forms of bureaucratic operations leads to problems:

1) Efficiency comes at the expense of intelligence and creativity. The large organization has a tendency to get better and better at doing what eventually is the wrong thing.

2) Power corrupts. Governmental corruption is kept in check by our process of representative democracy. Big-business corruption is kept in check to the extent that the free market is allowed to operate. That is why big business hates competition.

The world view of the bureaucrat is necessarily different from that of the entrepreneur. The steps recommended here for starting a new business will not make sense to most bureaucrats.

If you decide to work with a business mentor, it is important that you work with someone who subscribes to the following philosophy of business. This person almost always will be an independent business owner.

Beware of seminars about how to start a new business; the most deadly advice for entrepreneurs comes from bureaucrats, public or private, active or retired.

Yes, the world really does need you to create a new business!

There is always a shortage of entrepreneurs, that's why it pays so well. This shortage of start-up specialists is caused by two things:

1) The infinite power of the human mind to create new ways to help people; and

2) People's unlimited need for help. Read today's newspaper. It's easy to see the world needs help. To the entrepreneur, these problems are opportunities in working clothes!

From "Daring Mighty Things-The Simplest Way to Start Your First (or Next) New Business by John S. Wren, MBA+, available on Wren is a Denver business consultant and founder of the new Small Business Chamber of Commerce. For more see or the Small Business Chamber Facebook Page. Contact Wren at (303)861-1447 or