Entrepreneurialism is normally defined by a persons desire to start a business. This does not do justice to entrepreneurs. Being an entrepreneur is not just about making money nor simply the desire to start a business.

An entrepreneur goes into business to help others. At the heart of an entrepreneur is the desire to cooperate, to do something that needs doing. This desire to help others in a way they want to be helped is the source of many of our most unique and useful items and services. The end result of entrepreneurialism is the creation of hard goods. Entrepreneurs create real wealth because ultimately people are helped by assets.

Wikipedia writes: (all links open new window) assets represent ownership of value that can be converted into cash (although cash itself is also considered an asset).[1]

The balance sheet of a firm records the monetary[2] value of the assets owned by the firm. It is money and other valuables belonging to an individual or business.[1] Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets.[3] Current assets include inventory, while fixed assets include such items as buildings and equipment.[4]

Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the market place. Examples of intangible assets are goodwill, copyrights, trademarks, patents and computer programs,[4] and financial assets, including such items as accounts receivable, bonds and stocks.

If entrepreneurialism is identified with the production of hard goods then the transformation of a company making real goods into one focused on using money to make money is a case of entrepreneurs transforming themselves into capitalist.

This may seem to be a minor issue and yet it represents the difference between a florishing civilization one based on cooperation and a decadant society where liabilities become prevalent and a symptom of increased coercion. Community requires entrepreneurs. Services are important but only as support to the production of goods. Capital is very important in this system of things but that is due to this system of things not because there is anything inherently useful or good about Capital.

Capitalism is profit centered and this means that money becomes a way to make more money and in which the production of goods and services are treated as intermediatary, a way to make money into more money.

Civilization is built on hard goods indeed this is what civilization is - it is the things produced by a people. Liabilities reduce the value of assets and the ability of a people to produce assets. Liabilities are a direct indicator of a lack of cooperation.

Cooperation and capitalism are not compatible.

Entrepreneurialism Defined

cooperation unleashed