Global trade, investment, and co-venturing are three of the greatest strategies to diversify your asset holdings and opportunities, while mitigating your risk of catastrophic loss. At TNNWC, we have a Division titled International Connections Service (ICS) which was originally established for opening up world trade, new markets, and new sources of supply for entreprenerial enterprises and small businesses on a very, very affordable basis. But now it serves an even greater, more crucial purpose than we had ever contemplated.
As you will see, not only does it now present a sound strategy to diversify internationally, but this strategy should be further enhanced and fortified by developing relationships with growing brother and sister firms which are still relatively small and innovative, instead of with national monopolies. Further, many of those formerly national monopolies are rapidly growing internationally and are becoming cartel nations unto themselves. This represents a global threat to the fundamental engine of innovation, employment and wealth - the emerging entrepreneurial enterprise. We must support one another, and we must collaborate in order to transform a shaky and frightened world into a place of peace and prosperity.
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Business owners, leaders, entrepreneurs, futurists, internationalists, risk analysts -- the moral of this article is this: Avoid Being Monopolized.
Said in different terms, don't ever put all of your eggs into someone else's basket -- it's far smarter to put some of his eggs in your basket as well (we call that "insurance" in New York), and to put lots of your eggs into lots of baskets.
Diversify against dependency.
I've heard a great deal about the supposed "efficiencies" of monopolies, but I believe that these economies of scale are far outweighed by the waste of resources, loss of quality in products, services and customer care, and the victimization of people who have been deprived of choice.
While you still have choice - use it. If you don't feel that you have a choice, start planning a "workaround," as they say in modern-day geekspeak. - DC via TNNWC
Entrepreneurial Applications And Platform Users - Are You At Google's Mercy?
Dear PR Professionals, E-marketers, Entrepreneurial Publishers, Frugal Small Business Owners, Fellow TNNWC Members, Strategic Planners, Global Futurists and Trend-Spotters:Google is a colossus of a company. As they acquire other applications providers, social media services and various other "business-tool" properties, they grow larger, both horizontally and vertically.
Sooner or later, we will all have some type of business dependency upon Google (whether directly or indirectly) in the critical path of our business processes. Our prospective vulnerability is tremendous.
If Google should change some of its posting or usage guidelines, experience a lengthy failure or begin to charge significant fees directly to end-users, small business which have built themselves upon a Google-owned or Google-controlled platform will become victims.
I would suggest that every responsible strategic planner, systems expert and entrepreneur start to create certain backups, alternatives and other safeguards by developing alliances (and possible redundant systems) with some of the smaller, non-Google-affiliated applications and services providers in the interest of 1) protecting the continuity of your business, and 2) keeping the spirit of innovation and entrepreneurship alive by patronizing our brother and sister growth-mode companies instead of just allowing another potential monopolist (i.e., Google) to lead us down the path to disaster as willing victims.
You have seen examples of what can happen when a resource is controlled by a select few parties...Big Pharma...Big Oil...Big Government...Financial Institutions "Too Big To Fail" -- supporting innovation, small business and entrepreneurship and a bit of healthy competition are necessary in order to retain any real freedom.
As Lord Acton said: "Power corrupts. Absolute power corrupts absolutely." It is simply a matter of Human Nature. The more that we take, the more we feel that we are entitled to take.
When a small business or a competitive company wants our business, they accommodate us. As these smaller enterprises grow much larger, they begin to simply take our business.
If I may be permitted to wax philosophical (this polite comment is rhetorical, because I am going to write whatever I please anyway), capitalism is a wonderful system, provided that legitimate competition is fostered, financed and given its share of benefits and our patronage, instead of government-imposed barriers to entry and growth...
Here's an ominous reminder, taken right off of Blogger's "Known Issues" Blog...
Blogger Status
Friday, May 13, 2011
We’ve started restoring the posts that were temporarily removed and expect Blogger to be back to normal soon.
Posted by at 06:07 PDT
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I find this a bit disquieting. But then, I am not a proponent of "giving in" to monopolies - I am a proponent of innovation and collaboration amongst the smaller entities which have always been the engine of every industrialized economy, and which help to keep us civilized, sharp, and non-drones.
Did I hear someone say that "Competitive, compassionate capitalism might be a good idea?" I hope so. It is better to be a consumer (with choices) than a victim (one cattle car and one certain destination).
Faithfully,
Douglas E. Castle (http://aboutdouglascastle.blogspot.com/)
p.s. How's the above blog address for a study in irony, eh?
C' MON - GOOGLE ME.
Hint: I am not Castle Douglas, which is the regal edifice in Scotland. I am a mere person -- Douglas Castle
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Douglas Castle’s Blogs And RSS Feeds Featured On BLOGGER
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THE GLOBAL FUTURIST - http://theglobalfuturist.blogspot.com/
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For complete tactical and strategic business planning, marketing, media, lead-generation, technological and capital resources, scalable solutions and tools to support every entrepreneurial start-up, young enterprise, small- to medium-sized business and emerging high-growth company, talk to The National Networker Companies™/ TNNWC Group, LLC. We are a collaborative entrepreneurial, creative organization offering you hands-on, personalized assistance in every aspect of achieving your monetization, profitability and financial sustainability objectives, domestically and globally.
We don’t just coach you or offer you pre-packaged, push-button solutions – we listen to you, analyze your exact needs, and work within your budget to: 1) create your tool kit and 2) work as your partner to implement your plan by supporting you in the most efficient and productive use of every tool.
Visit our website, which is located at http://www.TNNWC.com .
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THE INTERNATIONALIST PAGE - "A shrinking world, with expanding opportunities."
http://theinternationalistpage.blogspot.com/
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For complete tactical and strategic business planning, marketing, media, lead-generation, technological and capital resources, scalable solutions and tools to support every entrepreneurial start-up, young enterprise, small- to medium-sized business and emerging high-growth company, talk to The National Networker Companies™/ TNNWC Group, LLC. We are a collaborative entrepreneurial, creative organization offering you hands-on, personalized assistance in every aspect of achieving your monetization, profitability and financial sustainability objectives, domestically and globally.
We don’t just coach you or offer you pre-packaged, push-button solutions – we listen to you, analyze your exact needs, and work within your budget to: 1) create your tool kit and 2) work as your partner to implement your plan by supporting you in the most efficient and productive use of every tool.
Visit our website, which is located at http://www.TNNWC.com .
To receive our newsletters, publications, information bulletins and alerts, simply join us as a Member. Membership is free and the benefits are unequalled anywhere.
Just go to our home page, and click on the “JOIN US” button.
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Douglas Castle’s Blogs And RSS Feeds
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