What an excellent talk! An eye opener for everyone. I think though that most people are blessed with this entrepreneur skill but the reason why many a times, the 'school drop outs' (lack of better worlds) seem to figure it out is because they get out to the real world and start thinking how to earn money since they do not have much skills to be employed. As a result, they come up with great ideas and become successful entrepreneurs!
I am 16 and starting my own advertisement company in New York :D everything is going really well. if everything works out of plan i'm gonna be making 50+ million per month in 6 months. BELIEVE IN YOUR DREAMS PEOPLE!!
@Voicesee lets chat. Nda (non-disclosure agreement) and confidentiality agreement avail to make sure your covered and get you pointed in the right direction
I think he wants to portray entrepreneurs pioneers but all modern entrepreneurs do is suck away society's money. WE DON'T BENEFIT of these selfish guys. They make money, WE MAKE STUFF. We work hard, they fool us. Enterpreneurs are people with high social skills. They abuse them to earn money. That's unjust.
@EclecticSceptic So do you have anything constructive to say about Ayn Rand or her philosophy or like everybody that I have ever heard bash her, your attack is purely emotional and has no basis in logic or fact.
Cameron does a great job exploiting the opportunities available outside of the “traditional” good paying jobs our educational system funnels us into. Awareness of these opportunities available through entrepreneurism, followed by support from parents is a powerful gift to kids!
Cameron does a great job exploiting the opportunities available outside of the “traditional” good paying jobs our educational system funnels us into. Awareness of these opportunities available through entrepreneurism, followed by support from parents is a powerful gift to kids!
The most recent episode of the East Meets West podcast in iTunes features a great discussion on education. The conversation is not really related to entrepreneurship, but has similar ideas and attitudes toward education that I find really compelling and interesting.
"A short and concise way to clarify the issue you seem to be having with my use of axiomatic assumption may be in the use of axiom being a noun and axiomatic being an adjective. Axiom you clearly seem to understand but what modification does the word axiomatic bring about upon the noun to which it is applied?"
It is obvious from the conjugation of "axiom" that it was used as a modifier. It just makes the listener ask you wtf you're talking about though, since a contradiction is implied.
"As Socretes said 'Wisdom is knowing how little we know." With that may I say I 'know' nothing. "
For crying out sakes, NO. This is 100% incorrect and the most ass-backwards concept of knowledge ever forwarded. At best, it is used as a cutesy non-literal allusion to unknown-knowns - which is valid. At worst - as you seem to be using it - it is an untenable "principle" of limitless skepticism. Which is completely retarded because skepticism itself REQUIRES certain things to be true & known.
"In such an event that the axiom that is foundational to other understandings is found to be false, all other ideas and understandings dependent on that axiom become effectively obsolete or are at best in need of serious mending. A simple example, a flat earth. Before the earth became 'known' to have a near spherical structure it was 'known' that the earth was effectively a falt plane and the maps derived from that axiom were the standard at the time. "
If you raise an entrepreneurial kid to dance the ballet, he will grow up and become the head of a ballet company. If you take a kid who loves dancing and raise him as an entrepreneur, he grows up to become unhappy and bankrupt. I know a person like that. She was born for the stage, but was fathered by an engineer/businessman and now she's extremely unhappy, broke and alcoholic, even though she does know all about running a company. Born entrepreneurs will succeed, while artificial ones suffer.
I want to react negatively to this, I am particularly mythed by his positive outlook on taking advantage of people. Although, having said that I do admire the drive but I think it's being placed in the wrong area of thought. Yes, teach your children to think differently but also teach them the values of helping others. Am I missing something here? 'The ones who show these traits.' that's bullshit, all kids show some kind of drive and desire, it's about the way that desire is guided.
It is utterly simplistic to assume that every child who struggles in school, is diagnosed with ADHD (the actual term, not ADD), bi-polar, etc. is someone who can function simply by treating them as if they are an "entrepeneur." For a large chunk of these kids, medication makes daily life bearable. This is more a show about "how wonderful I am." Yes, most of these kids are extremely bright. Medication does NOT make them "dumber" but rather better able to control themselves.
In what ways do they say entrepreneurs are bad people? Or is it an implied thing based on the presentation (saying doctors are good = saying being an entrepreneur is bad?) Or is it they're saying those traits are bad?
It's not greed that's the ultimate force behind innovation in the free market. Most of the guys who had some great idea and co-founded hugely successful companies were people who were, a) inspired to work on some idea because it really interested them, and b) were allowed to do so because society didn't dictate what they needed to do to justify their resource consumption (say via student loans) and they could pursue abstract research that leads to a company like, say Google.
I think this guy was too focused on the idea of teaching kids to simply turn a profit over inspiring the "see a problem, find a solution, take action" approach that he started talking about in the beginning - but nonetheless I largely agree with the point he's making. Our school system shows a massive bias for rote knowledge over creativity, and it does promote obedience/patience over initiative and independence (both groups of traits are important).
I think this guy was too focused on the idea of teaching kids to simply turn a profit over inspiring the "see a problem, find a solution, take action" approach that he started talking about in the beginning - but nonetheless I largely agree with the point he's making. Our school system shows a massive bias for rote knowledge over creativity, and it does promote obedience/patience over initiative and independence (both groups of traits are important).
No one has all the answers - no group has all the answers. Bursts of creation happen, and it's through the freedom and audacity to try new things that innovation happens. Without tinkerers we'd be living in a pre-industrial agrarian economy where the lifespan is significantly shorter, child mortality is higher, and 14 hours of the day (6 days of the week) is spent out in the fields to grow enough food so that (hopefully) your village can make it through the winter.
Here's the dilemma that you don't seem to address. Innovation happens through tinkerers, people who have an idea, big or small, and go ahead and implement it. They can often quickly figure out whether it works or not (this holds true for ideas in technology, academia, business) then they decide to pursue it or move on. That isn't possible by committee (hence why it's sometimes harder in academia and in many large businesses) because it gets watered down, poo pooed, etc.
Teach kids to put a dollar sign on absolutely everything in the world?
Right guy.
ADD is clearly this least of this guys psychological disorders. It didn't seem like this guy had any ideas outside of buy low sell high and negotiate everything as hard you can in your best individual financial interest, down to the penny. And neither of those is very original, screw this guy, find actually intelligent speakers who come up with real new ideas please.
well his own history, there are many of us sharing the same points he gone through.
didn't u think about the percentage of who failed in classes or dropped the school. how many of them get the support/opportunity to initiate a successful life?
look I'm not saying being a "entrepreneur" is the only way out, it's not a bad one ether.
A+, I love it. My 2.5 year old son and my wife had a conversation the other day.
"Mommy, I want a Bulgy" (A bus from the Tomas the Tank Engine series)
"Sorry Cael, not right now."
"You buy me a bulgy?"
"No Cael, Mommy does not have the money."
"Oh, Cael sell cupcakes?" This is him asking to go to a festival, set up a station and sell cupcakes that he helped to make and decorate. Which would be the way he bought his last 3 engines.
I always did great in school but I always hated it, because it wasn't what I wanted to learn it wasn't about solving problems taking charge creating new ideas, it was about learning old ideas and then showing the teacher that you remember those old ideas. My son is very bright but hates school too, school has to incorporates new ways of teaching, I love what this man says about fostering independance in our children, my son loved this video.
I see employment in a market economy as cooperation. One person agrees to work for another in exchange for payment. 90% of human existence was miserable, with a life expectancy less than 35. Gift economy can work for things that people are willing to give, but I would not be willing to sacrifice my paycheck for people who don't work.
Competition breeds competence. Why should all my hard work go toward gifting people who don't give a damn about contributing?
A lawyer or a doctor who hasn't learned enterpreneurship early on will still be practicing their craft for a living, well past their sixties. Why? Because they are the business. If they haven't learned how to handle money, esp. the "earn more than you spend" part, then the "how do you that part"---scamming you follows.
Entrepreneurs aren't as glory as many claim. It's hard and very brutal. When you lose, you lose it all. My father is an entrepreneur. He made it lots of money at one point in his life but now he hardly makes enough to break even. But what I find interesting is that all entrepreneurs have a tone, like they all preach in the same way. I like how he makes his children tell a story, I actually think that is quite clever in inspiring creativity. All the best to him and his children.
I like that he brushed over the detail that everyone hated him in school, wouldn't want to draw too much attention to the fact that his success came, quite blatantly, at the expense of others or that he didn't know where they were going to find good employees if they taught them all that working sucks and they shouldn't want a fixed wage.
I realize that everyone missed the message of this talk. "THE ONES WHO SHOW THESE TRAITS." You know, 2% of the population.
The average adult sits around and waits for opportunities like waiting for a promotion. He was taught to CREATE opportunities. I dropped out in Grade 10 and started learning how to program and design. Now, I am an automation consultant and own a web marketing firm. Education fails entrepreneurs. I saw that and reacted. I'm 24, make $80/hour, with no educational debt.
@Durgles So, not everyone would be as fortunate as you doing what you did. I live a community where plenty of people drop out and create their own opportunities, most of which aren't doing so well.
@HybridD91 I think you missed the 2% of the population part... Not everyone who becomes an entrepreneur is wired to be one. And fortunate is not the word. I've gone months without going paid, living on KD - sometimes not even paying rent til a month or two after it was due. It took me 4 years to get where I am. These were hard, hard years. I never once said it was easy.
@Durgles your awesome, im 18 years old and for 4 years ive hated shcool. biggest waste of time i dont learn shit in school. DECA is the only thing i enjoy cuz i can do better then the kid next to me who has a 4.0. Im looking now for college which is BS cuz like he said MBA programs teach about theory's not skills. yeah i might be ADHD and Dyslexic which they look as a disability i look on it as an opportunity. a high percentage of entrepreneurs are dyslexic
So he realized he made the money on tips and therefore took the billing away from his employee? This is why liberals like me cock are eyebrows high at stuff like this. I am an employee and I don't trust people like this; they seem to focus on finding innovative ways outsmart me while I'm working for them. His endorsement of atlas shrugged pretty much sums it up. Why would I, a teacher, teach kids to grow up, be my boss, and try to see how little they could get away with paying me?
@majinspy You're so right. You know, because you've done it before. You sit there with your 9-5 Monday to Friday job and judge people who have put in more work and effort than you'll ever know in your entire lifetime. As an entrepreneur, I worked 16 hour days, Sunday to Sunday, for 9 months straight. Working an average of 105 hours a week - THAT'S the reality of entrepreneurship. He may be glorifying entrepreneurship, but the reality is that it's a lot more work than most people can handle.
@Durgles I'm not calling the guy lazy or entrepreneurs in general lazy. My father started his own business after working the night shift driving a forklift. At no point did he try to figure out how to pay employees less. In fact, he gave his office manager a profit sharing program. Yet, if you expect me to smile and be happy at the idea of trying to maximize profit by seeing what you can get away with in regards to your employees then...well it just aint gonna happen.
@majinspy No, he found a job for another kid, took the responsibility of having to collect payment away from his employee (which I'm sure the employee was grateful for) and for compensation for his time he collected the boy's tips. Most people don't like collections. Furthermore, he was most likely not being paid for his time while collecting these bills. Are you saying he should have done the work for the kid for free? If so, I'd love to hire you.
@Durgles What? The boy was still having to go to every house. The only difference was he wasn't collecting money. That takes under a minute and if the tip is only a dollar that is VERY efficient -- hence why Cameron took that away from him. I was a cab driver and we had tab customers (who paid the boss directly when they got a monthly bill which meant NO tip) and random customers who we charged (and who usually tipped us). I and every driver HATED the tab because it killed us on money.
@majinspy Typically paperboys don't interact with the customer until it's payday; they just drop the paper near the front door... Although some barely do that. Also, interaction time, more realistically, would be 2-3 minutes per customer. (waiting for the customer to find their purse or wallet to retrieve the cash, dealing with custs that don't pay, etc.)
Side note: I used to work for a company that had tabs with cab companies - but I still tipped them... I feel it's a sign of respect :o
I am teaching my kid to cause no harm to others, i don't care what job my kid wanna do, i'd piss on music if my parents already planned a head of me what i should be.
let your kids pick whatever job THEY wanna do, cut the damn brainwashing already..
When this guy started out saying entrepreneurs are unfairly vilified, I thought he was fooling himself so he could be a martyr. The talk was ok, but I thought that premise was unfounded.
That was until I read the comments section. He is absolutely correct if these comments are any indication. You guys need to let go of the anti-capitalist garbage they taught you in Uni. I got A's for regurgitating that shit too, but I never took it seriously, cmon guys, dont be so naive.
This sort of video reminds me that I spend too much time watching YouTube. :)
He's right of course. Too much of the message of education is to do what you're told, and rarely do we encourage kids to be the ones doing the telling.
I would agree to teach kids to be entrepreneurs but we are finding out that our population needs to also be taught in school civics and cooking and workshop and autoshop.
I know one thing, I'm not gonna be taking advice about how to teach my children from this C+ student. If he's saying teach kids to be anti-social, so they only think about their own self interest at the expense of other things in life, then he's and idiot.
As soon as he mentioned Atlas Shrugged (the book read by people who think they now understand how the world finally works) it should have been obvious that he doesn't know shit about shit.
@acohen797 I think your analysis as is the case with most _NON_ pure free marketers is simplistic and ignores history by excluding the fact that wealth (i.e. value)...
Can often not be engineered, especially without significant problems, or without possibly affecting the economy negatively in other ways. While you are correct in that sometimes wealth (depending on how it's measured) is decreased by entrepreneurs, and that governments can increase it, it's just in practice, it doesn't work well.
@uriahsw It's interesting that you dismiss all "non-pure free marketers" as having simplistic analysis without any evidence of such an assertion. I've always found it odd that Friedman advocated state intervention in order to secure property and to enforce contracts but nothing beyond that. Why privilege the areas of property and contracts as appropriate areas of intervention when the rest of his philosophy espouses non-intervention.
@uriahsw Also , after you answer the question about why he privileges contracts and property you can address the question of how Friedman would answer the question of child labor (he does have an answer to this so let me know how much you are actually in the thrall of your hero). If a pure free market is necessary, then state laws prohibiting child labor are an unjust intervention into the pure free market according to Friedmanites, would child labor be ok as long as the market remains "pure"?
@uriahsw I;ll eagerly await your response concerning the issues I've raise concerning the privileging of property/contracts and the issue of whether child labor is permissible in your pure free market utopia.
This entire presentation speaks volumes to me. I can't even say how much this sounds like me as a kid. How I always wanted to do things but was put down. When I'm on my own I budget better, am more creative in my endeavours and find the best way to do things a lot more often than other people I know. I applaud this man for cheating in university so that society would allow him to be the person who he is today!
There's something he seems to be missing: school (or at least elementary and junior high school) is not meant to bring out the best of a child. School is meant to give the child an all-around education, which is then used to bring out their skills in high school. That's why schools tutor you in what you suck at: because you need a broad understanding of educational material to figure out what you will eventually exceed in doing.
What high schools actually need is a better orienteering program.
This is brilliant. You don't HAVE to force your kid to be an entrepreneur but these are great skills to learn. So many people lack the ability to think critically and figure out their own way of accomplishing tasks and dealing with problems. If you learn to think your way out of a box, then you'll never be stuck in one.
what if the kids don't want to be entrepreneurs? Now this is forced upon them. I am happy that I got an allowance as a kid so that i could play with my friends outside and wouldn't have to worry about money issues under ten years! I think this guy has a point, but he is too convinced that being an entrepreneur will make everyone happier somehow...
Actually, he's not saying this is for everyone. He said at the very beginning of the video that we should encourage entrepreneurship in those children who display aptitude toward it. This isn't a general prescription.
Without the fourth, we would have no medium for transaction for goods and services and therefore we'd have to rely on a bartering system. Only problem with that is that not everyone wants your widget/trinket/service. Hence the invention of currency.
Btw, the more money you have, the less you let it make decisions for you based on what it costs to do things.
his ideology and work ethic is both good and bad; i understand his mentality toward entrepreneurship in the sense that you should groom your child to to think for themselves and to be responsible with money, but he's basically saying people need to be greedy for money and have a psychological disorder to be successful! is this ideology necessarily right? .. i don't think it is a correct ideology and blueprint for everyone to live by all the time.
his ideas are both brilliant and teryfying, on one hand, new young entropreneurs with new ideas is what our world needs, but on the other hand, i doubt that such treatment is good for most kids psychological and ethical development.
@Charles33333 He's not advocating that, he's saying that there's another way for kids who just don't have the aptitudes to become scientists. You didn't listen to the whole thing or you didn't listen very attentively, I don't think.
@pdblouin33 He's using his own anecdotal experiences to prescribe societal solutions. Too bad he doesn`t have a science background which would have allowed him to develop critical reasoning and consider whether his experience could be generalized to that of others in society.
@acohen797 : Actually, I believe his own anecdotal experiences appear to validate what has already been amply shown to be true across all sectors of our society and throughout the history of our nation. Wealth creation will only occur via the risk taking of entrepreneurs. His experience is the opportunity of every American citizen willing to take it.
@rippinsteo Your use of an exclusive term is interesting. Why do you think wealth creation will "only" occur via risk taking of entrepreneurs. You're making several assumptions there that even pure capitalists would disagree with. Wealth may exist in the absence of any risk taking by anyone. For example, a water resource may provide safe water to a community without any person "taking risks." Secondly, your limitation of the behavior to an individual entrepreneur is interesting.
@rippinsteo Wealth (I think you mean value) could be created by transforming a resource but the actor may be a group of people, perhaps even a group of people organized into a government. Is the military, an arm of the government capable of producing "value" by manufacturing weapons (there is no entrepreneur here, just a collective of people).
@rippinsteo I think your analysis as is the case with most pure free marketers is simplistic and ignores history by excluding the fact that wealth (i.e. value) could be lessened by entrepreneurs unknowingly, may be increased by non individual actors like governments, and value may exist in the absence of any actors altogether. Your belief that his experience validate what you deem to be true generally is a classic case of confirmation bias.
'Simplistic' is an anti-concept. Use 'oversimplistic' if you must but that something is simple and rational means it is a good thing, not a bad one. Government does not and cannot increase wealth except by the protection of rights, no more, no less.
@clubsandwedge I don't know what exactly you mean by anti-concept but I think the term simplistic is a valid descriptor. In any case, that is besides the point. When we look at the history of the physical sciences a simple theory is often the yield of a large amount of data in which case simple concepts can be powerful such as the General Theory of Relativity or Electromagnetism. On the other hand compex models like quantum mechanics are often the result of data sets that are incomplete.
@clubsandwedge Both simple and complex theories can be valid depending on the depth of our understanding concerning the topics of study. As for rationality, both complex and simple theories can be equally rational. In the social sciences such as economics, the data set is simply insufficient and the processes too multifaceted and and we are unable to isolate the processes in order to come up with grand theories like those of Rand and Friedman.
@acohen797 So given you seem to understand that "the data set is simply insufficient and the processes too multifaceted and and we are unable to isolate the processes in order to come up with grand theories" you still don't advocate for a "pure free market" though this means you are indirectly advocating that we use the very theories you've just said don't work? You're being logically inconsistent.
@uriahsw Why would I advocate for a "pure free market" as you put it, when such a thing has never existed in history in order to analyze it's aspects. The "pure free market" as you phrase it is just as utopian a concept as the utopian societies imagined by certain communists when they were certain that perfect societies would emerge from their reforms.
@uriahsw I don't understand what you mean by, the line that begins, "though this means......" I've not advocated using any theory in the realm of economics in these responses, so I'm not sure what to make of this statement or the following one that claims I'm being logically inconsistent.
@uriahsw Oh I think I understand your confusion now. The grand theories that we cannot formulate due to lack of data that I describe, includes the grand theory of a "pure free market." Hope that clears it up.
@clubsandwedge Instead, economics should humbly realize (as many modern economists though sadly not acolytes of Friedman) that their models of economic behavior are sadly lacking in specificity due to the reasons of insufficient data and lack of ability to isolate processes. Just because something seems elegant does not make it right. I notice you did not address any of my criticisms concerning how wealth is generated in your response.
@acohen797 I think you might be confused, first of all Friedman is not someone who advocates for no intervention. Secondly, economists (like myself) who advocate for pure free markets, are the ones who do not advocate models of economic behaviour, and understand their shortcomings very well. Instead, it is the interventionists, such as yourself, who believe that their model is right.
@acohen797 It's interesting that you felt the need to describe yourself as an economist. That mere fact does not lend any more credence to any of your arguments (in fact, just the opposite hehe).
@uriahsw I'm aware of that, he advocates intervention in order to protect property rights and in a few other limited instances (i.e. enforcement of contracts by the state), which is a tendency which runs counter to most of the rest of his thinking and which I also find irrational. If he is a non-interventionist, then why privilege property or contracts as an appropriate realm of intervention.
@clubsandwedge Your final assertion in the last line is lacking evidence and is a mere parroting of the familiar and "simplistic" statements which are the basis on which the rest of the edifice of Objectivism (Orwell would be proud) rests.
Why is it that all of the worlds problems are often summed up by unthinking idiots like you in a single anti-conceptual mess, 'greed'? Why is greed bad? What do YOU mean by it?
One of the worst TED talks I've ever thumbed down... I find his talk unfounded, completely self focused (can you imagine being his wife?) and totally uninteresting. So what they didn't teach you to become an entrepeneur at school... you figure it out yourself! that's what's being an entrepeneur is all about! What about the downside of all that entrepeneurship? It's all about making money... me-me-me... This guy most likely only gives talk to earn money on it...
@alltoohuman17 What are you talking about people can't get very far exploiting others. No one would work with them. Others must benefit form your actions for you to be successful.
@donnerbrandpear This guy is an Entrepreneur. You don't have to be super rich and famous to be one. It doesn't matter the motivation, if the person is successful they benefit others in a true free market.
@rippinsteo Yea since you seem compelled to disagree with just about every poster who disagrees with you maybe you should consider that maybe you just don't "get it"
@acohen797 : Well, perhaps it is not surprising that you do not consider the concept of enlightened self-interest, which I mentioned in my reply to an earlier post of yours, neither substantive nor germane to the subject at hand?
@rippinsteo I'll consider it as follows. If enlightened means you are enlightened to the degree that it conforms to your self interest that isn't really enlightened is it. Substantive and germane mean different things so I'll parse my answer accordingly. I do consider your assertion of this concept to be substantive so you're wrong there; I just consider it to be be substantively wrong. As for whether it is germane you would obviously consider it to be since you advocate it but I do not.
Yeah that's it kids! Scam the little guy, because you'll never get a better deal! We should teach all our kids this.. Maybe if this guy was motivated by something other than money he could come up with some real innovations...
love the comments! you TED viewers are even more left wing crazy than i had imagined. This guy says serving people in a profitable (resource efficient) way is good and all these commentators view him as some evil leech who is responsible for all the worlds ails.
@donnerbrandpear@the second half (as the first was addressed satisfactorily by other people). You're right, except society does not create entrepreneurs. The United States is still teaching its children how to be factory workers, while less and less of them are needed here.
.... to know how to survive and do business is one thing.... but this guy is creepy as hell! I bet he would sell rusty knifes to blind kids if it meant profit!
I suppose we should thank youtube, google, microsoft etc for 'exploiting us' eh? There is absolutely nothing ethically wrong about business and entrepreneurship
@clubsandwedge Who said there was anything wrong with business or entrepreneurship. Chuumga didn't seem to and I certainly do not think so. However, where we disagree may be whether we believe that concepts of entrepreneurship should be central in the education of children. I believe concepts of critical thinking such as those associated with the scientific method and historical critique and in fact critique of all facets of inquiry should be central.
What sort of rapport might I expect to have with someone who cheated in school and assumes I did too? Some kids are taught integrity as a core element of being. What I heard here aside from "teach kids to be self-reliant and don't let the unfocused kids slip through the cracks" is that people are sheep waiting to be sheared. Go get some of their wool, and pay as little as possible for it. And while you're at it, laugh at those frowning employees and say "Neener neener! Do as you're told!"
@P00P0STER0US integrity has nothing to do with cheating actually. in this sort of educational system children are taught that the more points you have inschool the more successful you will be in life. So children are now seeing it as, okay they tell us not to cheat, but in the end run it will be better for my career. So kids that cheat may very well be actually looking into their future with more insight than the non cheater, however he is still viewing it through the eyes of a corrupt system.
Raise kids to be good people first. Success will come (or not) later.
pitrek89 1 month ago
What an excellent talk! An eye opener for everyone. I think though that most people are blessed with this entrepreneur skill but the reason why many a times, the 'school drop outs' (lack of better worlds) seem to figure it out is because they get out to the real world and start thinking how to earn money since they do not have much skills to be employed. As a result, they come up with great ideas and become successful entrepreneurs!
BintNuh 2 months ago
Wow, this is so helpful and useful. Thanks for sharing this.
insomniacgrace 3 months ago
This has been flagged as spam show
this is really wonderful. yeah i think children should learn something like this.
dayspeace 3 months ago
I am 16 and starting my own advertisement company in New York :D everything is going really well. if everything works out of plan i'm gonna be making 50+ million per month in 6 months. BELIEVE IN YOUR DREAMS PEOPLE!!
christophedetiege 5 months ago
@christophedetiege
Prove it
epityepepep 1 month ago
@Voicesee lets chat. Nda (non-disclosure agreement) and confidentiality agreement avail to make sure your covered and get you pointed in the right direction
psreyna 6 months ago
I'm 13 and have a good idea for an invention. What should i do to get it on the market
VoiceSee4 6 months ago
This is awesome and I totally agree with this. Thank you for sharing.
gmbdaly 7 months ago
Very Motivating
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ThinkStage 7 months ago
entrepreneurs = connections !!! Who U know ...
mba2ceo 8 months ago
I think he wants to portray entrepreneurs pioneers but all modern entrepreneurs do is suck away society's money. WE DON'T BENEFIT of these selfish guys. They make money, WE MAKE STUFF. We work hard, they fool us. Enterpreneurs are people with high social skills. They abuse them to earn money. That's unjust.
Kenji314159 9 months ago
awesome
TANISHAADJO 1 year ago
Fuck Ayn Rand that stupid bitch. She might be the most cantankerous person who ever lived.
EclecticSceptic 1 year ago
@EclecticSceptic So do you have anything constructive to say about Ayn Rand or her philosophy or like everybody that I have ever heard bash her, your attack is purely emotional and has no basis in logic or fact.
paver1surf1 1 year ago
Why the fuck did I wast all my time at school!!!!
simontimon2 1 year ago
Cameron does a great job exploiting the opportunities available outside of the “traditional” good paying jobs our educational system funnels us into. Awareness of these opportunities available through entrepreneurism, followed by support from parents is a powerful gift to kids!
KidsMoneyManagement 1 year ago
Cameron does a great job exploiting the opportunities available outside of the “traditional” good paying jobs our educational system funnels us into. Awareness of these opportunities available through entrepreneurism, followed by support from parents is a powerful gift to kids!
KidsMoneyManagement 1 year ago
He's mentally jerking himself off.
jereweb 1 year ago
best ted ever
workoutscience 1 year ago
this guy is pretty proud of himself...i like his message, but this video was like watching the guy pat him self on the back for 20 minutes,
seespikerun1 1 year ago
Teach the Kids to get a Hustle.....That is a page of the Streets.
xavier3961 1 year ago
The most recent episode of the East Meets West podcast in iTunes features a great discussion on education. The conversation is not really related to entrepreneurship, but has similar ideas and attitudes toward education that I find really compelling and interesting.
thisisspartacus 1 year ago
"A short and concise way to clarify the issue you seem to be having with my use of axiomatic assumption may be in the use of axiom being a noun and axiomatic being an adjective. Axiom you clearly seem to understand but what modification does the word axiomatic bring about upon the noun to which it is applied?"
It is obvious from the conjugation of "axiom" that it was used as a modifier. It just makes the listener ask you wtf you're talking about though, since a contradiction is implied.
BroBroDude 1 year ago
"As Socretes said 'Wisdom is knowing how little we know." With that may I say I 'know' nothing. "
For crying out sakes, NO. This is 100% incorrect and the most ass-backwards concept of knowledge ever forwarded. At best, it is used as a cutesy non-literal allusion to unknown-knowns - which is valid. At worst - as you seem to be using it - it is an untenable "principle" of limitless skepticism. Which is completely retarded because skepticism itself REQUIRES certain things to be true & known.
BroBroDude 1 year ago
"In such an event that the axiom that is foundational to other understandings is found to be false, all other ideas and understandings dependent on that axiom become effectively obsolete or are at best in need of serious mending. A simple example, a flat earth. Before the earth became 'known' to have a near spherical structure it was 'known' that the earth was effectively a falt plane and the maps derived from that axiom were the standard at the time. "
This is all 100% correct.
BroBroDude 1 year ago
If you raise an entrepreneurial kid to dance the ballet, he will grow up and become the head of a ballet company. If you take a kid who loves dancing and raise him as an entrepreneur, he grows up to become unhappy and bankrupt. I know a person like that. She was born for the stage, but was fathered by an engineer/businessman and now she's extremely unhappy, broke and alcoholic, even though she does know all about running a company. Born entrepreneurs will succeed, while artificial ones suffer.
jannevellamo 1 year ago 3
ahahaha what a load of shit :D
nublex 1 year ago
I want to react negatively to this, I am particularly mythed by his positive outlook on taking advantage of people. Although, having said that I do admire the drive but I think it's being placed in the wrong area of thought. Yes, teach your children to think differently but also teach them the values of helping others. Am I missing something here? 'The ones who show these traits.' that's bullshit, all kids show some kind of drive and desire, it's about the way that desire is guided.
akrulla 1 year ago
3:40 Plug for Atlas Shrugged!!!
MrCropper 1 year ago
It is utterly simplistic to assume that every child who struggles in school, is diagnosed with ADHD (the actual term, not ADD), bi-polar, etc. is someone who can function simply by treating them as if they are an "entrepeneur." For a large chunk of these kids, medication makes daily life bearable. This is more a show about "how wonderful I am." Yes, most of these kids are extremely bright. Medication does NOT make them "dumber" but rather better able to control themselves.
krisdelisle 1 year ago
In what ways do they say entrepreneurs are bad people? Or is it an implied thing based on the presentation (saying doctors are good = saying being an entrepreneur is bad?) Or is it they're saying those traits are bad?
Please explain?
Dayvit78 1 year ago
@yungmastrchrysjin
It's not greed that's the ultimate force behind innovation in the free market. Most of the guys who had some great idea and co-founded hugely successful companies were people who were, a) inspired to work on some idea because it really interested them, and b) were allowed to do so because society didn't dictate what they needed to do to justify their resource consumption (say via student loans) and they could pursue abstract research that leads to a company like, say Google.
david0aloha 1 year ago
I think this guy was too focused on the idea of teaching kids to simply turn a profit over inspiring the "see a problem, find a solution, take action" approach that he started talking about in the beginning - but nonetheless I largely agree with the point he's making. Our school system shows a massive bias for rote knowledge over creativity, and it does promote obedience/patience over initiative and independence (both groups of traits are important).
david0aloha 1 year ago 3
I think this guy was too focused on the idea of teaching kids to simply turn a profit over inspiring the "see a problem, find a solution, take action" approach that he started talking about in the beginning - but nonetheless I largely agree with the point he's making. Our school system shows a massive bias for rote knowledge over creativity, and it does promote obedience/patience over initiative and independence (both groups of traits are important).
david0aloha 1 year ago
@yungmastrchrysjin
No one has all the answers - no group has all the answers. Bursts of creation happen, and it's through the freedom and audacity to try new things that innovation happens. Without tinkerers we'd be living in a pre-industrial agrarian economy where the lifespan is significantly shorter, child mortality is higher, and 14 hours of the day (6 days of the week) is spent out in the fields to grow enough food so that (hopefully) your village can make it through the winter.
david0aloha 1 year ago
@yungmastrchrysjin
Here's the dilemma that you don't seem to address. Innovation happens through tinkerers, people who have an idea, big or small, and go ahead and implement it. They can often quickly figure out whether it works or not (this holds true for ideas in technology, academia, business) then they decide to pursue it or move on. That isn't possible by committee (hence why it's sometimes harder in academia and in many large businesses) because it gets watered down, poo pooed, etc.
david0aloha 1 year ago
Atlas Shrugged is a great book!
Tnat1on 1 year ago 3
@Tnat1on INORITE!
That book's author's life philosophy, summed up: "Life is actually always totally fair."
DarqWolff 1 year ago
If you have reading comprehension problems, it is yes.
Moragauth 1 year ago
Atlas Shrugged by Ayn Rand is a good book about entrepreneurs
orangepeelpeel 1 year ago 5
Teach kids to put a dollar sign on absolutely everything in the world?
Right guy.
ADD is clearly this least of this guys psychological disorders. It didn't seem like this guy had any ideas outside of buy low sell high and negotiate everything as hard you can in your best individual financial interest, down to the penny. And neither of those is very original, screw this guy, find actually intelligent speakers who come up with real new ideas please.
pilatech 1 year ago
I have ADD.......well I guess I'm the future entrepreneur
frilink 1 year ago
@shootthedevil
well his own history, there are many of us sharing the same points he gone through.
didn't u think about the percentage of who failed in classes or dropped the school. how many of them get the support/opportunity to initiate a successful life?
look I'm not saying being a "entrepreneur" is the only way out, it's not a bad one ether.
I think!
jenjerx 1 year ago
entrepreneurs get villified? cmon...
georgeedmondson 1 year ago
A+, I love it. My 2.5 year old son and my wife had a conversation the other day.
"Mommy, I want a Bulgy" (A bus from the Tomas the Tank Engine series)
"Sorry Cael, not right now."
"You buy me a bulgy?"
"No Cael, Mommy does not have the money."
"Oh, Cael sell cupcakes?" This is him asking to go to a festival, set up a station and sell cupcakes that he helped to make and decorate. Which would be the way he bought his last 3 engines.
DaveWilliamsSteward 1 year ago 31
@DaveWilliamsSteward haha your kid is awesome!
eleganz 6 months ago
I always did great in school but I always hated it, because it wasn't what I wanted to learn it wasn't about solving problems taking charge creating new ideas, it was about learning old ideas and then showing the teacher that you remember those old ideas. My son is very bright but hates school too, school has to incorporates new ways of teaching, I love what this man says about fostering independance in our children, my son loved this video.
smcuriel 1 year ago 8
@yungmastrchrysjin
I see employment in a market economy as cooperation. One person agrees to work for another in exchange for payment. 90% of human existence was miserable, with a life expectancy less than 35. Gift economy can work for things that people are willing to give, but I would not be willing to sacrifice my paycheck for people who don't work.
Competition breeds competence. Why should all my hard work go toward gifting people who don't give a damn about contributing?
footloosebowler 1 year ago 2
What's A Entrepreneur?
HakerzTM 1 year ago
lifelong junk peddler. cool.
csselement 1 year ago
@yungmastrchrysjin
So when you go to work, you don't do it for the money?
Working for profit is a good and natural thing.
footloosebowler 1 year ago 2
A lawyer or a doctor who hasn't learned enterpreneurship early on will still be practicing their craft for a living, well past their sixties. Why? Because they are the business. If they haven't learned how to handle money, esp. the "earn more than you spend" part, then the "how do you that part"---scamming you follows.
tutulick 1 year ago
Entrepreneurs aren't as glory as many claim. It's hard and very brutal. When you lose, you lose it all. My father is an entrepreneur. He made it lots of money at one point in his life but now he hardly makes enough to break even. But what I find interesting is that all entrepreneurs have a tone, like they all preach in the same way. I like how he makes his children tell a story, I actually think that is quite clever in inspiring creativity. All the best to him and his children.
xKurogashi 1 year ago 3
I will bookmark this talk, then show the end animation to my son just before his 12th birthday. Then show him the rest of it.
kinsmed 1 year ago
I like that he brushed over the detail that everyone hated him in school, wouldn't want to draw too much attention to the fact that his success came, quite blatantly, at the expense of others or that he didn't know where they were going to find good employees if they taught them all that working sucks and they shouldn't want a fixed wage.
Jkarabella 1 year ago
I realize that everyone missed the message of this talk. "THE ONES WHO SHOW THESE TRAITS." You know, 2% of the population.
The average adult sits around and waits for opportunities like waiting for a promotion. He was taught to CREATE opportunities. I dropped out in Grade 10 and started learning how to program and design. Now, I am an automation consultant and own a web marketing firm. Education fails entrepreneurs. I saw that and reacted. I'm 24, make $80/hour, with no educational debt.
Durgles 1 year ago 38
@Durgles So, not everyone would be as fortunate as you doing what you did. I live a community where plenty of people drop out and create their own opportunities, most of which aren't doing so well.
HybridD91 1 year ago
@HybridD91 I think you missed the 2% of the population part... Not everyone who becomes an entrepreneur is wired to be one. And fortunate is not the word. I've gone months without going paid, living on KD - sometimes not even paying rent til a month or two after it was due. It took me 4 years to get where I am. These were hard, hard years. I never once said it was easy.
Durgles 1 year ago
@Durgles your awesome, im 18 years old and for 4 years ive hated shcool. biggest waste of time i dont learn shit in school. DECA is the only thing i enjoy cuz i can do better then the kid next to me who has a 4.0. Im looking now for college which is BS cuz like he said MBA programs teach about theory's not skills. yeah i might be ADHD and Dyslexic which they look as a disability i look on it as an opportunity. a high percentage of entrepreneurs are dyslexic
ObviouslyISuck 1 year ago
Comment removed
Durgles 1 year ago
Or your children find out if they break stuff, they can fix stuff so they have a fixed income
Suertsje 1 year ago
So he realized he made the money on tips and therefore took the billing away from his employee? This is why liberals like me cock are eyebrows high at stuff like this. I am an employee and I don't trust people like this; they seem to focus on finding innovative ways outsmart me while I'm working for them. His endorsement of atlas shrugged pretty much sums it up. Why would I, a teacher, teach kids to grow up, be my boss, and try to see how little they could get away with paying me?
majinspy 1 year ago
@majinspy You're so right. You know, because you've done it before. You sit there with your 9-5 Monday to Friday job and judge people who have put in more work and effort than you'll ever know in your entire lifetime. As an entrepreneur, I worked 16 hour days, Sunday to Sunday, for 9 months straight. Working an average of 105 hours a week - THAT'S the reality of entrepreneurship. He may be glorifying entrepreneurship, but the reality is that it's a lot more work than most people can handle.
Durgles 1 year ago 5
@Durgles I'm not calling the guy lazy or entrepreneurs in general lazy. My father started his own business after working the night shift driving a forklift. At no point did he try to figure out how to pay employees less. In fact, he gave his office manager a profit sharing program. Yet, if you expect me to smile and be happy at the idea of trying to maximize profit by seeing what you can get away with in regards to your employees then...well it just aint gonna happen.
majinspy 1 year ago
@majinspy No, he found a job for another kid, took the responsibility of having to collect payment away from his employee (which I'm sure the employee was grateful for) and for compensation for his time he collected the boy's tips. Most people don't like collections. Furthermore, he was most likely not being paid for his time while collecting these bills. Are you saying he should have done the work for the kid for free? If so, I'd love to hire you.
Durgles 1 year ago
@Durgles What? The boy was still having to go to every house. The only difference was he wasn't collecting money. That takes under a minute and if the tip is only a dollar that is VERY efficient -- hence why Cameron took that away from him. I was a cab driver and we had tab customers (who paid the boss directly when they got a monthly bill which meant NO tip) and random customers who we charged (and who usually tipped us). I and every driver HATED the tab because it killed us on money.
majinspy 1 year ago
@majinspy Typically paperboys don't interact with the customer until it's payday; they just drop the paper near the front door... Although some barely do that. Also, interaction time, more realistically, would be 2-3 minutes per customer. (waiting for the customer to find their purse or wallet to retrieve the cash, dealing with custs that don't pay, etc.)
Side note: I used to work for a company that had tabs with cab companies - but I still tipped them... I feel it's a sign of respect :o
Durgles 1 year ago
I am teaching my kid to cause no harm to others, i don't care what job my kid wanna do, i'd piss on music if my parents already planned a head of me what i should be.
let your kids pick whatever job THEY wanna do, cut the damn brainwashing already..
jefflukka 1 year ago
this guy probably thinks Bush was a great president.
roidroid 1 year ago
Agree with him that the education system needs to be reformed. Don't agree with his prescription to fix the system.
acohen797 1 year ago
dude is a bit cocky but still very inspiring
randikajamai 1 year ago
Easier said than done.
Don't ask a hairdresser if you need a haircut, and don't ask an entrepeneur whether he thinks his profession is worth aiming for.
kbillysupersounds 1 year ago
@tsama206 Who exactly did he scam?
ijust1 1 year ago
When this guy started out saying entrepreneurs are unfairly vilified, I thought he was fooling himself so he could be a martyr. The talk was ok, but I thought that premise was unfounded.
That was until I read the comments section. He is absolutely correct if these comments are any indication. You guys need to let go of the anti-capitalist garbage they taught you in Uni. I got A's for regurgitating that shit too, but I never took it seriously, cmon guys, dont be so naive.
mmsayre 1 year ago
This sort of video reminds me that I spend too much time watching YouTube. :)
He's right of course. Too much of the message of education is to do what you're told, and rarely do we encourage kids to be the ones doing the telling.
notme222 1 year ago 3
I would agree to teach kids to be entrepreneurs but we are finding out that our population needs to also be taught in school civics and cooking and workshop and autoshop.
Luinreg 1 year ago
This does nothing other than introducing consumerist culture to children at an earlier age.
Jeidor 1 year ago
I love this. So true!!!!!!
bettymariebalboa 1 year ago
This is a so jerky.
sparrow111260 1 year ago
This guy didnt have too many friends growing up it seems.
wildgrem 1 year ago
I know one thing, I'm not gonna be taking advice about how to teach my children from this C+ student. If he's saying teach kids to be anti-social, so they only think about their own self interest at the expense of other things in life, then he's and idiot.
As soon as he mentioned Atlas Shrugged (the book read by people who think they now understand how the world finally works) it should have been obvious that he doesn't know shit about shit.
acohen797 1 year ago
@acohen797 Sorry meant to say C minus
acohen797 1 year ago
*gasp* breath uriahsw, breath... xkcd.com/386/
Stop arguing with people from the internets, especially those who obviously have not studied what they believe they understand well.
uriahsw 1 year ago
@acohen797 I think your analysis as is the case with most _NON_ pure free marketers is simplistic and ignores history by excluding the fact that wealth (i.e. value)...
Can often not be engineered, especially without significant problems, or without possibly affecting the economy negatively in other ways. While you are correct in that sometimes wealth (depending on how it's measured) is decreased by entrepreneurs, and that governments can increase it, it's just in practice, it doesn't work well.
uriahsw 1 year ago
@uriahsw It's interesting that you dismiss all "non-pure free marketers" as having simplistic analysis without any evidence of such an assertion. I've always found it odd that Friedman advocated state intervention in order to secure property and to enforce contracts but nothing beyond that. Why privilege the areas of property and contracts as appropriate areas of intervention when the rest of his philosophy espouses non-intervention.
acohen797 1 year ago
@uriahsw Also , after you answer the question about why he privileges contracts and property you can address the question of how Friedman would answer the question of child labor (he does have an answer to this so let me know how much you are actually in the thrall of your hero). If a pure free market is necessary, then state laws prohibiting child labor are an unjust intervention into the pure free market according to Friedmanites, would child labor be ok as long as the market remains "pure"?
acohen797 1 year ago
@uriahsw I;ll eagerly await your response concerning the issues I've raise concerning the privileging of property/contracts and the issue of whether child labor is permissible in your pure free market utopia.
acohen797 1 year ago
"and this should be on all of your reading lists..."
...and everyone from /lit/ leaves the room
anyways
i don't think this guy is the right kind of entrepreneur... his focus seems to be to get money from people... that just doesn't sound all that great
octemberfury 1 year ago 2
@Santi2c
Who judges 'too much' and what resources are you talking about?
clubsandwedge 1 year ago
what a jerk....taking his "employees" paper route tips
Solis1112 1 year ago
so now they're calling the tous-to-be C minus students, the "entrepeneurs of the future" LMAO
SurferRosa79 1 year ago
@SurferRosa79 Haha exactly
acohen797 1 year ago
@SurferRosa79 You idiot.
MusicStudyMan 1 year ago
great program here, posted this on my writers blog the idea girl says.. i made a squidoo lens called business ideas for kids
ideagirlconsulting 1 year ago
This entire presentation speaks volumes to me. I can't even say how much this sounds like me as a kid. How I always wanted to do things but was put down. When I'm on my own I budget better, am more creative in my endeavours and find the best way to do things a lot more often than other people I know. I applaud this man for cheating in university so that society would allow him to be the person who he is today!
BeingLolaStar 1 year ago
There's something he seems to be missing: school (or at least elementary and junior high school) is not meant to bring out the best of a child. School is meant to give the child an all-around education, which is then used to bring out their skills in high school. That's why schools tutor you in what you suck at: because you need a broad understanding of educational material to figure out what you will eventually exceed in doing.
What high schools actually need is a better orienteering program.
ericleb01 1 year ago
It's simple, one should follow what they like the most. And not what someone else thinks its the best, because often they are wrong.
DDeafth 1 year ago
Okay that was epic.
BrokenBjartur 1 year ago
This is brilliant. You don't HAVE to force your kid to be an entrepreneur but these are great skills to learn. So many people lack the ability to think critically and figure out their own way of accomplishing tasks and dealing with problems. If you learn to think your way out of a box, then you'll never be stuck in one.
Masterphan 1 year ago 7
@xscifigodx
What potential are you encourage with children??
What scale of value in life, except money and money driven interes are you encourage with children??
What will society look like thous (yours) value install??
will we legalese euthanasia, kill invalid's, poor, remove all old people because they can provide for them self' ??
is' it now good to steal or cheat??
and what have I misunderstand??
I think that entrepreneur is becoming after you establish your on personality!
direktorgalaksije 1 year ago
what if the kids don't want to be entrepreneurs? Now this is forced upon them. I am happy that I got an allowance as a kid so that i could play with my friends outside and wouldn't have to worry about money issues under ten years! I think this guy has a point, but he is too convinced that being an entrepreneur will make everyone happier somehow...
urGermanfriend 1 year ago
@urGermanfriend
Actually, he's not saying this is for everyone. He said at the very beginning of the video that we should encourage entrepreneurship in those children who display aptitude toward it. This isn't a general prescription.
ultramerton 1 year ago
@ultramerton okay, guess i missed that, thanks for pointing it out
urGermanfriend 1 year ago
You need 4 things to be happy in life:
1. Meaningful Relationships
2. Your Health
3. A meaning to why you're living
4. ....and money!
Without the fourth, we would have no medium for transaction for goods and services and therefore we'd have to rely on a bartering system. Only problem with that is that not everyone wants your widget/trinket/service. Hence the invention of currency.
Btw, the more money you have, the less you let it make decisions for you based on what it costs to do things.
quartermann 1 year ago 2
teach kids to do what they want, like, have interest, ...
teach them to be humane, to love, to understand things to help.
and that money is not something what will buy them love or happiness or to feel good.
money will make them unhappy, envious, frustrated, to be unlinked almond ...
this is "prostitution" of human intellect and bottom of civilization.
I think that making money is very important and the way to do it is not easy.
but your teach is all wrong.
direktorgalaksije 1 year ago
his ideology and work ethic is both good and bad; i understand his mentality toward entrepreneurship in the sense that you should groom your child to to think for themselves and to be responsible with money, but he's basically saying people need to be greedy for money and have a psychological disorder to be successful! is this ideology necessarily right? .. i don't think it is a correct ideology and blueprint for everyone to live by all the time.
sij747 1 year ago
oke, he can sell stuff.
Who is going to make/develop everything?
This type people are bad for our world...
tiemen88 1 year ago
his ideas are both brilliant and teryfying, on one hand, new young entropreneurs with new ideas is what our world needs, but on the other hand, i doubt that such treatment is good for most kids psychological and ethical development.
8legsFreak 1 year ago
@Charles33333 : Let's teach them to be both. How is being a scientist mutually exclusive to being an entrepreneur?
rippinsteo 1 year ago 4
@Charles33333 He's not advocating that, he's saying that there's another way for kids who just don't have the aptitudes to become scientists. You didn't listen to the whole thing or you didn't listen very attentively, I don't think.
pdblouin33 1 year ago
@pdblouin33 And there will be a pop quiz on it at the end. ;)
gadzometer 1 year ago
@pdblouin33 He's using his own anecdotal experiences to prescribe societal solutions. Too bad he doesn`t have a science background which would have allowed him to develop critical reasoning and consider whether his experience could be generalized to that of others in society.
acohen797 1 year ago 2
@acohen797 : Actually, I believe his own anecdotal experiences appear to validate what has already been amply shown to be true across all sectors of our society and throughout the history of our nation. Wealth creation will only occur via the risk taking of entrepreneurs. His experience is the opportunity of every American citizen willing to take it.
rippinsteo 1 year ago 7
@rippinsteo Your use of an exclusive term is interesting. Why do you think wealth creation will "only" occur via risk taking of entrepreneurs. You're making several assumptions there that even pure capitalists would disagree with. Wealth may exist in the absence of any risk taking by anyone. For example, a water resource may provide safe water to a community without any person "taking risks." Secondly, your limitation of the behavior to an individual entrepreneur is interesting.
acohen797 1 year ago
@rippinsteo Wealth (I think you mean value) could be created by transforming a resource but the actor may be a group of people, perhaps even a group of people organized into a government. Is the military, an arm of the government capable of producing "value" by manufacturing weapons (there is no entrepreneur here, just a collective of people).
acohen797 1 year ago
@rippinsteo I think your analysis as is the case with most pure free marketers is simplistic and ignores history by excluding the fact that wealth (i.e. value) could be lessened by entrepreneurs unknowingly, may be increased by non individual actors like governments, and value may exist in the absence of any actors altogether. Your belief that his experience validate what you deem to be true generally is a classic case of confirmation bias.
acohen797 1 year ago
@acohen797
'Simplistic' is an anti-concept. Use 'oversimplistic' if you must but that something is simple and rational means it is a good thing, not a bad one. Government does not and cannot increase wealth except by the protection of rights, no more, no less.
clubsandwedge 1 year ago
@clubsandwedge I don't know what exactly you mean by anti-concept but I think the term simplistic is a valid descriptor. In any case, that is besides the point. When we look at the history of the physical sciences a simple theory is often the yield of a large amount of data in which case simple concepts can be powerful such as the General Theory of Relativity or Electromagnetism. On the other hand compex models like quantum mechanics are often the result of data sets that are incomplete.
acohen797 1 year ago
@clubsandwedge Both simple and complex theories can be valid depending on the depth of our understanding concerning the topics of study. As for rationality, both complex and simple theories can be equally rational. In the social sciences such as economics, the data set is simply insufficient and the processes too multifaceted and and we are unable to isolate the processes in order to come up with grand theories like those of Rand and Friedman.
acohen797 1 year ago
@acohen797 So given you seem to understand that "the data set is simply insufficient and the processes too multifaceted and and we are unable to isolate the processes in order to come up with grand theories" you still don't advocate for a "pure free market" though this means you are indirectly advocating that we use the very theories you've just said don't work? You're being logically inconsistent.
uriahsw 1 year ago
@uriahsw Why would I advocate for a "pure free market" as you put it, when such a thing has never existed in history in order to analyze it's aspects. The "pure free market" as you phrase it is just as utopian a concept as the utopian societies imagined by certain communists when they were certain that perfect societies would emerge from their reforms.
acohen797 1 year ago
@uriahsw I don't understand what you mean by, the line that begins, "though this means......" I've not advocated using any theory in the realm of economics in these responses, so I'm not sure what to make of this statement or the following one that claims I'm being logically inconsistent.
acohen797 1 year ago
@uriahsw Oh I think I understand your confusion now. The grand theories that we cannot formulate due to lack of data that I describe, includes the grand theory of a "pure free market." Hope that clears it up.
acohen797 1 year ago
@clubsandwedge Instead, economics should humbly realize (as many modern economists though sadly not acolytes of Friedman) that their models of economic behavior are sadly lacking in specificity due to the reasons of insufficient data and lack of ability to isolate processes. Just because something seems elegant does not make it right. I notice you did not address any of my criticisms concerning how wealth is generated in your response.
acohen797 1 year ago
@acohen797 I think you might be confused, first of all Friedman is not someone who advocates for no intervention. Secondly, economists (like myself) who advocate for pure free markets, are the ones who do not advocate models of economic behaviour, and understand their shortcomings very well. Instead, it is the interventionists, such as yourself, who believe that their model is right.
uriahsw 1 year ago
@uriahsw In what sense do you think I'm an "interventionist" as you phrase it and on what do you base this assertion?
acohen797 1 year ago
@acohen797 It's interesting that you felt the need to describe yourself as an economist. That mere fact does not lend any more credence to any of your arguments (in fact, just the opposite hehe).
acohen797 1 year ago
@uriahsw I'm aware of that, he advocates intervention in order to protect property rights and in a few other limited instances (i.e. enforcement of contracts by the state), which is a tendency which runs counter to most of the rest of his thinking and which I also find irrational. If he is a non-interventionist, then why privilege property or contracts as an appropriate realm of intervention.
acohen797 1 year ago 2
@clubsandwedge Your final assertion in the last line is lacking evidence and is a mere parroting of the familiar and "simplistic" statements which are the basis on which the rest of the edifice of Objectivism (Orwell would be proud) rests.
acohen797 1 year ago
@acohen797 Keep it up i like your thinking
GrimSoul66 1 year ago
I'll raise my kid to believe in Jesus and, after what, wherever he's lead is God's will.
pdblouin33 1 year ago
If you don't like this vid, you're a commie.
Jarod2012 1 year ago
Why is it that all of the worlds problems are often summed up by unthinking idiots like you in a single anti-conceptual mess, 'greed'? Why is greed bad? What do YOU mean by it?
clubsandwedge 1 year ago
One of the worst TED talks I've ever thumbed down... I find his talk unfounded, completely self focused (can you imagine being his wife?) and totally uninteresting. So what they didn't teach you to become an entrepeneur at school... you figure it out yourself! that's what's being an entrepeneur is all about! What about the downside of all that entrepeneurship? It's all about making money... me-me-me... This guy most likely only gives talk to earn money on it...
doloppost 1 year ago
Money, money, money....
aint is sad
in a rich mans world.
fillethefish 1 year ago
@alltoohuman17 What are you talking about people can't get very far exploiting others. No one would work with them. Others must benefit form your actions for you to be successful.
Shaunt1 1 year ago
@donnerbrandpear This guy is an Entrepreneur. You don't have to be super rich and famous to be one. It doesn't matter the motivation, if the person is successful they benefit others in a true free market.
Shaunt1 1 year ago
and then i sold this, and then i sold this, and then i sold this..
brettk101 1 year ago 2
talking like cheating is good and money is THE motivator you need, i just can't take any point serious from this guy.
fatalmystic 1 year ago 4
@fatalmystic Agree with you there. There might be a reason this guy didn't get accepted by most universities now that I think about it.
acohen797 1 year ago
@GrudgyDiablo yeah, you don't get it either...so sad..
rippinsteo 1 year ago
@rippinsteo Yea since you seem compelled to disagree with just about every poster who disagrees with you maybe you should consider that maybe you just don't "get it"
acohen797 1 year ago
@acohen797 : Well, perhaps it is not surprising that you do not consider the concept of enlightened self-interest, which I mentioned in my reply to an earlier post of yours, neither substantive nor germane to the subject at hand?
rippinsteo 1 year ago
@rippinsteo I'll consider it as follows. If enlightened means you are enlightened to the degree that it conforms to your self interest that isn't really enlightened is it. Substantive and germane mean different things so I'll parse my answer accordingly. I do consider your assertion of this concept to be substantive so you're wrong there; I just consider it to be be substantively wrong. As for whether it is germane you would obviously consider it to be since you advocate it but I do not.
acohen797 1 year ago
Yeah that's it kids! Scam the little guy, because you'll never get a better deal! We should teach all our kids this.. Maybe if this guy was motivated by something other than money he could come up with some real innovations...
GrimSoul66 1 year ago 3
@GrimSoul66 True dat
acohen797 1 year ago
7:23 - Sudbury FTW!
pdblouin33 1 year ago
I found a way to make money by exploiting both the rich and the poor. Parents should encourage their children to be like me.
nino210 1 year ago 3
love the comments! you TED viewers are even more left wing crazy than i had imagined. This guy says serving people in a profitable (resource efficient) way is good and all these commentators view him as some evil leech who is responsible for all the worlds ails.
mmsayre 1 year ago
@mmsayre : it's not just crazy, it's down right scary how little understanding of basic economics is demonstrated in many of these posts.
rippinsteo 1 year ago
@helolsjava !!!!!!
helolsjava 1 year ago
FILTHY GREEEEED!
beliebigerusername 1 year ago
@donnerbrandpear @the second half (as the first was addressed satisfactorily by other people). You're right, except society does not create entrepreneurs. The United States is still teaching its children how to be factory workers, while less and less of them are needed here.
CheezMonsterCrazy 1 year ago
he wrong on just about everything except in the beginning when he said he dumbest person in the room, he's probably right about that.
WHY THE HELL IS THIS LOOSER ON TED?
atheistkyo 1 year ago
@atheistkyo
helolsjava 1 year ago
.... to know how to survive and do business is one thing.... but this guy is creepy as hell! I bet he would sell rusty knifes to blind kids if it meant profit!
okonomiyaki4U 1 year ago
I find it quite funny that he so candidly relates ripping from the poor to rip off the rich to changing the world.
That's great, we should teach our kids to be manipulative business people.
CHumga 1 year ago
@CHumga : yeah, you don't get it either...so sad...
rippinsteo 1 year ago
@rippinsteo You just don't get it do you rippinsteo. There, now my response is just as substantive as yours.
acohen797 1 year ago
@CHumga
I suppose we should thank youtube, google, microsoft etc for 'exploiting us' eh? There is absolutely nothing ethically wrong about business and entrepreneurship
clubsandwedge 1 year ago
@clubsandwedge Who said there was anything wrong with business or entrepreneurship. Chuumga didn't seem to and I certainly do not think so. However, where we disagree may be whether we believe that concepts of entrepreneurship should be central in the education of children. I believe concepts of critical thinking such as those associated with the scientific method and historical critique and in fact critique of all facets of inquiry should be central.
acohen797 1 year ago
Give a man a fish and he will eat it and be happy. Teach a man to fish and he will have to clean and prepare it.
You feel good now when you gave the old poor man more daunty work he probably do not want to do.
lordmetroid 1 year ago
What sort of rapport might I expect to have with someone who cheated in school and assumes I did too? Some kids are taught integrity as a core element of being. What I heard here aside from "teach kids to be self-reliant and don't let the unfocused kids slip through the cracks" is that people are sheep waiting to be sheared. Go get some of their wool, and pay as little as possible for it. And while you're at it, laugh at those frowning employees and say "Neener neener! Do as you're told!"
P00P0STER0US 1 year ago
@P00P0STER0US integrity has nothing to do with cheating actually. in this sort of educational system children are taught that the more points you have inschool the more successful you will be in life. So children are now seeing it as, okay they tell us not to cheat, but in the end run it will be better for my career. So kids that cheat may very well be actually looking into their future with more insight than the non cheater, however he is still viewing it through the eyes of a corrupt system.
smexTTS 1 year ago 3