Gutenberg’s Entrepreneurial Failure and The Man Responsible

Gutenberg’s Entrepreneurial Failure and The Man Responsible

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Johann Gutenberg lived in Germany during a time when the economy rewarded innovation, making it his responsibility to invent, and translate inventions into entrepreneurial success.  Innovative efforts by Gutenberg, including movable type, enhanced printing. Such efforts were funded by Johann Fust, relinquishing Gutenberg’s power, and seen later affecting his wealth and prestige (Man 149). According […]

A Lesson in Managing Finances: The Story of a (Nearly) Entrepreneur

A Lesson in Managing Finances: The Story of a (Nearly) Entrepreneur

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So, you think that unique idea you have floating around in your head is going to be best thing since sliced bread? It may just be. But here’s some news for you: Simply making the idea real isn’t enough to get you rich. If you don’t have the skills, knowledge and/or protection to successfully sell […]

How to fail and still be written about six centuries later

How to fail and still be written about six centuries later

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The Bible has been the most powerful piece of literature in human history, and Johann Gutenberg reaped the benefits of its immense power, almost. He did, however, invent the machine that would allow someone to secure the entrepreneurial power of controlling the precious book. The movable type printing press would be Gutenberg’s life work, although […]

A Failed Mark Zuckerberg In 1450

A Failed Mark Zuckerberg In 1450

Gutenberg, known as the first European to introduce printing with movable type, is regarded as one of the greatest inventors of the modern period. This inventor, however, failed to pay his debt and lost his fortune to his investor Fust, during the busi…

Creativity Won The Battle, Economics Won the War

Creativity Won The Battle, Economics Won the War

At the turn of the 15th century, the European economy began to recover from the destruction of the Black Death. The standards of living improved, and this new economic state fueled ways of achieving wealth, power, and prestige. Johannes Gutenberg depic…