Capitalism 2.0

How Far Will Your House's Price Fall?

It is finally undeniable that house  prices are falling in most of the US.  For those selling their home in this market, the big question now is:  "How far will prices fall?"  Seller instincts are to hold out, insist on a price based on recent sales (within the past 6 months to 1 year), and ride out the storm.  Most sellers seem to expect a resumption of the unprecendented housing euphoria next Spring (2007).

Entrepreneurial Finance - Signaling and Commitment

Who is an Entrepreneur?  Primary objectives, and the importance of signaling.

Introduction

The word Entrepreneur is of French origin, literally translated as "undertaker".  Drucker describes an entrepreneur as one who creates something new, something different, by changing or transmuting values.

More thoroughly, Smith & Smith define that an entrepreneur:

1. Must recognize an opportunity to create value by re-deploying resources.
2. Must create a strategy for gaining control over those resources.
3. Must create a plan to execute change.
4. Must harvest the rewards resulting from succeeding in the above.