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How Entrepreneurs Differ from Big Business Executives
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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YoungMiser on September 3rd, 2005 7:25 pm
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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