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How Entrepreneurs Differ from Big Business Executives

Chuck Huckaby:

Some people assume that individuals in Big Business are entrepreneurial and capitalistic.

In reality, the largest corporations and their leaders are monopolistic.

They believe in protecting their cash flow and do whatever is necessary protect that cash flow.

While entrepreneurs think “I need to provide a better product or service and be better than my competition” to earn more rewards, the monopolist thinks “now that I’ve arrived, how can I reduce competition?”

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  • [...] Executives Posted by Dane on September 1, 2005 | 0 Comments In Entrepreneurial Lifestyle Email This Post Possibly Related Entries How Entrepreneurs Differ from Big Business Executives40% of U.S.Entrepeneurs Are Over 50Outside Experts for Entrepreneurial CompaniesCombating Your Homebased LonelinessGetting Harder to Go PublicAngel Investors, DefinedWhat is Entrepreneurship?More StartupsHow to Get the Most Out of a Tradeshow BoothUtility Auditing Business Comments [...]

  • This is definately the case especially in protected industries such as telephones, utilities, and some software to a certain extent (microsoft)

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