Posts Tagged “inner passion”

Who do you think of when you think of a resourceful person? Is it a rich person who has everything they need? Or is it a person who can always get what they need, because they have the smarts and the drive to to so?

Labor, land, capital, and entrepreneurship are all listed in my economics textbook as the fundamental scarce resources. While it is true then that wealth — land and capital — are known as scarce resources, we can be certain that the most truly resourceful person is the hard-working one with entrepreneurial skills. If you can do business things; put together a better website, impress people with the value of your products, or engineer new products from scratch, you are resourceful. If you can’t, well, you may have resources but you aren’t exactly resourceful.

If you enjoyed this post, make sure you subscribe to my RSS feed!