YouTube - The Call of the Entrepreneur
YouTube
Primary Language: English
Description:
The trailer for a new documentary being released by the Acton Institute that focuses on the stories of three entrepreneurs. A study of the call to create wealth and the benefit of business and free m (More)
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Information Tags
Timing Category Subcategory Tag
00:00:28 People Occupation Entrepreneur
00:00:37 People Occupation Entrepreneur
00:00:41 People Occupation Entrepreneur
00:00:41 Places Location Desert
00:00:57 Places Country Hong Kong
00:01:05 Places US State Michigan
00:01:10 People Occupation Entrepreneur
00:01:33 People Occupation Entrepreneur
00:01:33 People Occupation Farmers
00:01:38 Places Location Cities
Subtitles in: English
Start End Subtitles
00:00:11 00:00:15 Acton Media Presents
00:00:28 00:00:31 The Call of the Entrepreneur
00:00:37 00:00:41 An entrepreneur is the creative force in economics.
00:00:41 00:00:45 The entrepreneur is the person who comes and looks at a desert,
00:00:45 00:00:50 or a jungle, or wilderness and sees a garden.
00:00:51 00:00:56 You know, sees opportunity to create new value.
00:00:57 00:00:58 Hong Kong, China
00:01:01 00:01:03 New York City
00:01:05 00:01:06 Evart, Michigan
00:01:10 00:01:13 What entrepreneur really do is put what they are at risk
00:01:14 00:01:15 where they could lose it all.
00:01:15 00:01:17 And do it over, and over, and over again.
00:01:19 00:01:21 I learn risk without knowing there is a risk.
00:01:22 00:01:25 Taking risks is actually dashing into a hole.
00:01:26 00:01:29 You are just dashing into the future and hoping that it's gonna be better.
00:01:33 00:01:37 You can really think of the first farmers as the first entrepreneur.
00:01:38 00:01:42 Farms, would make cities possible, and then those cities would make civilizations
00:01:43 00:01:48 possible, and then those civilizations would make things like, world wide commerce and technology,
00:01:49 00:01:53 and science, and music, and philosophy possible.
00:01:54 00:01:55 I called the extension agent.
00:01:56 00:01:57 First, you lose in business.
00:01:57 00:02:01 He come here and he looked me right square in the eye and he says,
00:02:01 00:02:02 You're broke.
00:02:03 00:02:04 Get out.
00:02:05 00:02:06 And I looked right back at him, and I says,
00:02:07 00:02:09 What do we gotta do to get this right?
00:02:12 00:02:13 You put your butt in a corner,
00:02:14 00:02:15 you'd be surprised what you can achieve.
00:02:20 00:02:24 Without the entrepreneur, economies are barren,
00:02:24 00:02:25 they're dead.
00:02:28 00:02:30 A zero sum game is like poker.
00:02:31 00:02:34 We all sit down at the table, and I only win if someone else loses.
00:02:35 00:02:36 That's not the way a market works.
00:02:37 00:02:40 That's not the way the wealth of New York city has been built.
00:02:41 00:02:44 All the stuff behind me was created by energy
00:02:45 00:02:48 applied to physical matter that transformed it.
00:02:48 00:02:50 That's the genius of entrepreneurship.
00:02:51 00:02:52 It's the discovery process.
00:02:53 00:02:55 It's the courage that's involved in it.
00:02:55 00:02:59 The investment, the intelligence, the openness, the other directedness.
00:03:10 00:03:13 Sometimes they are the most common resources that we walk over,
00:03:14 00:03:16 that we ignore, that we even are perhaps, repulsed by,
00:03:17 00:03:20 that become the source of wealth,
00:03:20 00:03:22 the source of jobs, the source of prosperity.
00:03:23 00:03:26 I mean, this is an incredible institution.
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