Filippo Brunelleschi, known for being ugly, built the truly magnificent and beautiful dome of Santa Maria Del Fiore in Florence during the fifteenth century. His unpleasant appearance, however, helped him to fit in amongst the other great artists of the Renaissance. On the other hand, Brunelleschi’s innovations and creativity are unparalleled by other architects of […]
Entrepreneurs, the most talented, lucky, ambitious individuals among the ordinary people, are the ones who exhibit the extensive creativity to gain the maximum wealth out of their opportunities. But what determine these people to become entrepreneurs? Is it luck? Talent? According to William Baumol, an entrepreneur is “ingenious and creative in finding ways that add […]
Filippo Brunelleschi relied on opportunity, ingenuity, and personality to achieve success as an entrepreneur. Throughout his life, entrepreneurial opportunities appeared, most of which were capitalized upon. He was granted the opportunity to create the dome of the Santa Maria del Fiore, and construct machinery to help support that venture. Opportunities are irrelevant if one cannot […]
It is easy to label a person an entrepreneur, but impossible to define the characteristics that make one. Many authors have debated the definition of an entrepreneur: some believe an entrepreneur is a person who creates a business venture with the goal…
An innate liveliness to succeed exists in every mind. But what fosters this drive to create change and explore new ventures is determined by the world in which someone lives. Whether we exploit this quality is decided by, what William Baumol describes as, “the structure of payoffs in the economy”, or in other words, “the […]