capitalism

My Theory of Creating Value

April 2, 2009 By Schwabe 10 comments

I don’t agree with the old sentiment that, “It takes money to create money.”
Because this just simply isn't true.

Nerd

Ben Bernanke’s printing press aside, it is innovation that creates money. Via new ideas, new skill-sets, new knowledge, and new paradigms of thinking to kickstart new ways of doing old things. My philosophy is that value is created by innovating a new way to reach a current objective [dibs on trademark].

And once you achieve that objective, you raise the bar and set yet another objective to reach for. Requiring innovation once again to achieve it. And such is the nature of perpetual human progress.

Nerd Business