Traditionally to make a product or provide service you need three primary factors. First, we need resources: like land, water or wind. Let’s call these resources. Secondly we need time and money, starting or scaling capital. For the sake of simplicity let’s referred to this as the monetary component. Third, we need labor resources, or human resources: people. to create it. Now, these three primary needs: resources, money and people together we call them input factors. By connecting them we can create. The input factor will indeed make creation possible is the fourth one: entrepreneurial ability. And this factor is becoming the differentiating factor in our current economy. In this article we will explain what entrepreneurial ability (in short Entrepreneurability) is and how we can plant its seeds, cultivate and grow from it.
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