Entrepreneurial Responsibility

What is the difference between an employee and an entrepreneur? Entrepreneurs control their own success. Employees depend on the success of others. Entrepreneurs are responsible for their mistakes and their successes. When they mess up, they must accept the consequences. When an employee messes up, the company and shareholders live with the consequences.

Entrepreneurs are the backbone of the American economy because they continually innovate, expand, and create new goods and services that are exported around the world. They are also one of the few sectors of society that understands the principles of liberty, because their very livelihood depends on it.

Liberty is the opportunity to make a choice to assume responsibility and accept the consequences. This describes the life of the entrepreneur very well. They make a choice to assume responsibility for a business concept, and accept the consequences; hopefully profit, but possibly failure. Entrepreneurs operate in liberty and cannot operate when they are under control or restraint from external sources. No opportunity means no entrepreneurs.

The risks of ownership are higher than the risks of being an employee. As an employee, you get paid even if the owner makes a mistake. But the rewards of ownership are much higher than the rewards of being an employee. As an owner, you can make profits while your employees do most of the grunt work. You just keep everything on track, and are free to live the life you want. As an employee, you are under someone's control and direction. As an owner, you control and direct others. This brings much freedom as well as much responsibility.

If your company grows, you bear the responsibility for success, and the burden to care for your employees. They depend on you for their living. If you make a mistake, it affects more than just you. Think about how the failures and mistakes of relatively few people at the top of the world's biggest financial institutions caused disastrous consequences for millions of people worldwide when the economy collapsed in 2008.

Liberty is vital to entrepreneurs since it determines the degree to which they can utilize their talents, resources, and opportunities. But liberty is dependent on the ability of people to govern themselves, and that ability comes from a strong moral foundation. When the moral foundation of a country is strong, entrepreneurs can thrive because the government does not need to exercise extensive control. Only when people fail to govern themselves must an external source step in to fill the void. The leaders of the financial institutions failed to govern their behavior and exercise moral restraint in decision-making, and as a result, the government drastically increased its regulatory capacity of the financial sector in 2008. Individuals must either be governed by an internal source or an external source. The values of liberty are championed when people can govern themselves. ,Otherwise liberty is lost.

The founders of America made a huge initial deposit of liberty that has enabled continued prosperity for over 200 years. But that deposit will not last forever. The principles of liberty must be championed by a new generation, or the entrepreneurial spirit of America may be lost among the continual inability for citizens to govern themselves.

The preservation and sustainment of Liberty depends on you. It's time to discover liberty or lose it.

by: Dr. Marlene McMillan

Article Source:
http://www.articlecity.com/articles/politics_and_government/article_848.shtml

iPod Video

Since their launch in the year 2001, iPods are the most popular MP3 players in use throughout the world. Now we have iPhone also. But what if we don’t make best use of what we have?! Most wonderful utility of an iPod of today’s generation is its ability to play video and also camera. New additions such as Voice Control, graphics enhancements, improved accessibility, higher capacity, and a faster processor help to refine an already excellent product. The iPod is the ultimate symbol of the digital age and only those entirely out of the loop haven't heard about it by now. The iPod is today's hottest gadget.

If you are afraid of missing your favorite serial, you can download the video from You tube directly to your iPod and watch. Cricket match will not be missed while travelling if you have a good video iPod with Wi-Fi. Entertainment has become so different, enjoyable by these iPods and with reachable prices. Now a days, more and more people are purchasing a set of speakers for their iPods, some to replace their current home audio set ups in order to get rid of the cd collections that take up so much room, some to have a portable audio source for when they are away on holiday, some just for having some iPod speakers because everyone else is buying them.

There are a few troubleshoots with iPod videos. Certain movie and video files are not compatible with iPods. But, the best thing is, free iPod video converter software are available in the internet using which we can convert any video file to an iPod compatible video format. Equipped with extensive features, the iPod Video Converter allows you to transform your photos into video, split file by preset size or time, or transform a file into a preset size to fit your iPod. And it is also possible to convert selected video segments to iPod compatible versions with few softwares. These softwares come with High conversion speed, Command line support and schedule conversion support. The video player is very user friendly; plays the video with just few clicks. iPods will play back videos encoded using either the MPEG-4 or H.264 codecs. These are open-standard video formats, and not in any way proprietary to Apple, but at the same time do not represent a broad portion of the video content that is currently available outside of the iTunes Store. Further, this does not represent the video standard that is used by most video recording devices, TV recording devices, or commercial DVDs. The result is that finding video content from anywhere other than the iTunes Store that is already encoded in an Apple-ready format is going to be difficult, and much of this content will therefore need to be converted. The following year came an upgrade to the fifth-generation iPod providing higher-resolution video playback. Though a little expensive, it is worth buying iPods especially for those who travel very often and who love iPods.

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By Trudie Thomas

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How Much Oil Is Left?

Simply stated there is growing evidence that we, in fact, are not running out of oil. If we are not then there should not be any mad dash to drill for new oils to quench the global appetite. At this point in history there are more proven oil reserves than ever despite many decades of increased consumption. So if we are using more because of the thousands of cars being built in China, India, Indonesia, etc. but in fact oil is not being decreased in any capacity, then perhaps we are being hoodwinked into believing exactly what the environmental extremists want us to believe.

The political ramifications of environmental extremists that subjugate the USA to conforming to unrealistic legislative hoops big oil has to jump through in order simply to do business here puts an undue burden on US citizens by being held hostage to middle east prices. In the past when gas prices were going to almost $5.00 a gallon in some regions the general population was traveling less, spending less, which drove the American economy to a standstill. When we allow countries not friendly to US interests to control our economy to this extent then it is time to explore other avenues of energy resources such as the water powered engines that are being developed that require no petrol products at all.

This leads to a scenario that may play out in the not to distant future. If things come to a standstill with Iran because it will not back off in its production of nuclear energy and the pursuit of the atomic bomb, then Israel attacks Iran taking out the nuclear facilities, then Iran will be left with very few options then to declare war on Israel and the United States. In so doing it could shutdown the straits of Hormuz and not allow oil tankers out of that region which would put a choke hold on middle east oil production that would drive oil prices to the brink. If you thought $5 dollars a gallon was extreme how about $10-$12 a gallon?

With this scenario in tow it is high time we come to our senses and go after these environmental extremists that hold our country hostage with its own laws. Let's get away from oil and start using alternative methods that will scale back any power our middle east foes have over us. If we use the water of our oceans for energy power because we have the technology to do it, why not shut down these oil spigots from countries that are using oil as a weapon against us? Decisions have to made, we are at a turning point soon in the future of America, we need to take a stand now, or forever be at the mercy of foreign countries.

I have answers to many questions on my website at: http://www.gkboydink.com

Why not take a peek, then leave a blog with any questions you might have.

Article Source: http://EzineArticles.com/?expert=Gary_Kent_Boyd

By Gary Kent Boyd