The American entrepreneurial spirit can reshape global economic development through bold strategies, mindset shifts, and a renewed focus on SMEs.
Over the past few decades, the economic development teams of around 100 free economies have made significant errors that have severely damaged their economies. In response, we present an entrepreneurial narrative that challenges economic intellectualism to adjust their perspectives and offer immediately deployable solutions rather than getting distracted mainly by the games of the theorems. There is no time to waste with billions of people visibly suffering by the hour. The best approach is the American entrepreneurial style: kindly lead, follow, or get out of the way. Additionally, if needed, substantial guidance is available to selected countries.
The parade of errors:
Dreaming Caterpillars: Calling an SME small, like declaring a baby elephant small, proves a need for more education in zoology. Laughing at a caterpillar dreaming of flying proves that there is not enough knowledge about metamorphosis.
What is Entrepreneurial Intellectualism? Each small business creation is a grand puzzle about a grand exceptional success in the making, something that only blossoms mystically and only in the hands of the entrepreneurial mindsets. Unknown to most of the economic intelligentsia, this ‘art of creation’ cannot be illustrated in a painting, bottled as a tonic, canned as food, or even be written because it is ‘Tacit Knowledge’ something that cannot be written, like riding a bike or swimming.
Firstly, study 100 entrepreneurs, later walk into a global accounting or law firm, and observe the replicated armies of successful professionals. Accounting, economics, or law is all about “Explicit Knowledge,” something written, explained with all the right and wrong steps in sequences, ready for memorizing and replicating. Knowing the differences between the entrepreneurial job creator and job seeker mindsets becomes exceptionally critical.
It is imperative to remember why entrepreneurs do not become ‘chief economists’ as it is a different mindset. At the same time, chief economists do not start with lemonade stands and dream of creating something like the size of Coca-Cola to be comfortable in their mindsets.
Only two mindsets: For millennia, there have been only two mindsets in commerce worldwide: the job seeker mindset, a career mind that seeks jobs to grow enterprises, and the job creator mindset, the out-of-box, creating dust storms in the sandboxes mindset that produces such enterprises in the first place. Over decades, free economies have been gasping because economic job creation is exclusively in the hands of the 99% job seeker mindset, as seen in global LinkedIn profiles. Hence, there are little or no results. When will this be rectified? More on Google
If proof is requested: When over a million entrepreneurs have already created over a million original small and medium businesses, each of which has grown into creating over a million jobs, why is the lingering fear of identifying at least one Nobel Prize Winner in Economics, whoever built one such creation?
Chicken fried rice: Why study China? For decades, in the West, merely dining on “chicken fried rice” in a local Chinatown has been insufficient to claim expertise in Chinese culture or economics. Instead, a shock visit to China is essential. Global political and economic leadership in the free world should study building a national economy based on entrepreneurialism. Using China as a supreme example would require a year-long daily class to comprehend the required level of mastery fully.
The Swinging Tarzan: Check out the last major 100 SME studies in the previous decade. Imagine watching a movie on Tarzan, where the filming is all about precise measurements of his bow, arrow, knife, and underwear, but nothing about who he is, where he came from, how he became Tarzan, why animals love him, and why is Jane chasing him and why he is called, the King of the Jungle? This lack of specific data, such as the type, size, style, capacity, direction, and goals of these SMEs, as well as the skills, education, aspirations, and untapped potential of their workforce, severely destroys all goals.
Silicon Valley was neither an academic nor a financial revolution, but the mobilization of an entrepreneurial journey long before the term ‘IT’ became popular, and ‘technology’ was conceptualized as worthy enough to trade in billions. The clusters of entrepreneurs in the march, with revolutionary job-creator mindsets, came out of their garages, broke old systems, created new alternates, and changed the world forever—a revolution of entrepreneurs, created by entrepreneurs and for entrepreneurs.
Harsh Reality Check: Economic development without entrepreneurialism is only economic destruction. Any political power without economic power is no power. Any economic power without entrepreneurial power is no growth. Any entrepreneurial power without a balanced mindset hypothesis is no power. The mindset hypothesis creates a balance between the mindsets of job seekers and job creators. Increasing the debt ceiling is not an economic success but a grand failure. Abandoning a national citizenry that cannot stand up to global age competitiveness is a political failure. Inabilities to identify, categorize, and digitize high-potential SMEs is an economic development failure.
This narrative is bold and clear enough to spark regional and national discussions about where economic development has faltered and why the resulting damage is so profound. It serves as an entrepreneurial response to complex challenges faced by hundreds of millions of untapped entrepreneurs across approximately 100 countries.
Economics is unrelated to entrepreneurialism, while entrepreneurialism directly influences economic development. Thus, discussions at the Cabinet level are crucial for mobilizing national entrepreneurial initiatives and enhancing the well-being of citizens.
Will President Trump initiate a national mobilization of entrepreneurship across America? The country needs a grassroots revival, global respect, and a renewed sense of friendly Americanism. He is the ideal leader for this effort. This initiative represents an Entrepreneurial Marshall Plan for national mobilization and immediate action.
In the course of human endeavor, no other experiment has been as successful as that of the United States of America. Its entrepreneurial spirit, a mysticism that has no equal, has transformed it into the world’s only entrepreneurial nation. From its roots as an agro-industrial power to its current status as a technological giant, the United States has consistently demonstrated the power of entrepreneurialism.
Right now, across the world, nations are so lost when the political economy becomes like ice hockey, played on football fields without ice or hockey sticks and with tennis rackets under volleyball rules.
Disclosure: The author is Canadian, has been a Liberal for the last 50 years, is pro-American, and a product of Americanism and global entrepreneurial mysticism, a harsh critic of economic negligence.
Three Red Alerts: This is an entrepreneurial response to the entrepreneurial challenges of the world. Nevertheless, failing to understand the ‘mindset hypothesis,’ the difference between the job seeker and job creator mindsets is the first red alert in any senior-level dialogue on SME economic recovery. Failing to articulate the ‘National Mobilization of Entrepreneurialism’ is the second red alert in any significant economic development activity. Failing to produce functional regional models of ‘identification, categorization, and digitization’ of potential SMEs is the third red alert of any SME sectoral policies—more on Google.
Hence, openly challenged on the global stage:
Creating superpower economies: 1974: Fifty years ago, India had a 99-billion-dollar economy; today, it has a 3.5 trillion-dollar economy. China had a 148-billion-dollar economy; today, it has an 18 trillion-dollar Economy. The United States had a 1.5 trillion economy; today, it has a 27 trillion economy, as per the World Bank.
A decade in the making, this narrative is not a war but an open invitation to economic thinking to renegotiate the terms, rules, and proper definitions of economic progress, not the current chaotic rules of SME management and disconnected debt-based economies.
Revival of Nationwide American Entrepreneurial Mysticism
One: It takes ten days to design, develop, and customize a digitalization program with particular entrepreneurialism-based training guidelines to uplift all high-potential SMEs nationwide.
Two: It takes another 30 days to custom-design deployment strategy for a National Administration and Mobilization of Entrepreneurialism (NAME Protocols).
Three: It takes another 30 days of customized developments to implement well-planned, sleek operations to uplift the entire high-potential SME economy.
Four: It takes an additional ten days to test and assess the true potential and identify existing talents of all current national economic development teams.
Five: It takes another ten days to orient, train, and align the various local and national economic development teams, achieve clarity, and reach consensus on procedures.
Six: It takes another 100 days to identify, categorize, and digitize 5000 to 50000 potential SMEs.
Seven: It takes another 100 days to place them on customized digital platforms to expand them nationally and globally for exports and trade.
Eight: It takes 365 days of intense up-skilling and re-skilling to help them scale up and quadruple their productivity, performance, and profitability.
Nine: It takes about 500 days to quadruple exportability and uplift the national SME economy sectors.
Ten: A Cabinet-level meeting is a good starting point for making the “National Administration and Mobilization of Entrepreneurialism (NAME Protocols)” a national reality. Study more on Google.
Special Report: If your economic development has yet to progress, share this Specia Report: Why Is Global Political-Economic Thinking Undergoing Disruption Worldwide? with your national teams and have an open debate. If correctly deciphered, great; otherwise, ring the alarm bells in the political rotundas, as big troubles are coming.
Understanding new entrepreneurial options for governments:
Allow micro-small-medium enterprises a tax-free window on the first few million in export revenues; this will create local jobs and bring foreign exchange. Allow micro-small-medium enterprises free access to all dormant Intellectual Property. Allow academic Experts and Scientists on innovative technologies and related skills on free voucher programs. Allow micro-small-medium enterprises full-time MBAs as 12-month government-paid internships so graduates can acquire real entrepreneurialism. Allow Millions of qualified entrepreneurs to land within a nation for 5-10 years under a unique tax-free visa program.
Mandate the National Administration of Mobilization of Entrepreneurialism to engage trade and export bodies.
The National Mobilization of SME Entrepreneurialism:
Fact: The world can easily absorb unlimited exportable ideas in unlimited vertical markets.
Fact: The well-designed innovative ideas are worthy of such additional quadrupled volumes.
Fact: A nation’s entrepreneurial and dormant talents can perform such tasks.
Fact: The new global age skills, knowledge, and execution are now the missing links
The transformation timelines:
It takes ten days to establish policies to start an SME sector digitization program.
It takes 100 days to mobilize and place 1000 to 100,000 SMEs on digital platforms.
It takes 1000 days to have a bouncing economic development and global activities.
The mental preparedness timelines:
It takes 1000 days to become a top-class economic development game player.
It takes 100 days for deep immersion to become a champion of digital transformations.
It takes ten days of intense workshops to articulate such senior-level discussions.
A Cabinet-level meeting is a good start: Despite the persistence of decades-old, failed procedures and the current setbacks in SME economic development, immense potential is waiting to be unlocked across the nation. When harnessed, this potential can lead to a dramatically brighter economic future—study the population-rich nations of today.
Master strategies and immediately deployable solutions
Expothon Worldwide, an international initiative from a Canadian think tank, developed the ‘National mobilization of entrepreneurialism protocols’ over the last decade. These insights are shared weekly and reach approximately 2000 selected VIP recipients, who are national cabinet-level senior government officials across 100 free economies. This track record of expertise and trust forms the foundation of our proposed strategies.
Global Hub: Currently, Expothon is developing a global hub to provide large-scale senior-level guidance to selected 100 free economies and blocs like GCC, OIC, European Union, African Union, ASEAN Commonwealth, and BRICS. This initiative aims to enhance the ‘National mobilization Entrepreneurship’ by offering nation-specific, customized deployment solutions. The Global Hub, fully equipped and prepared, will deploy 1000 experts with global digital accessibility to guide some 50-100 countries on managing their national SME base, upskilling exporters, and re-skilling manufacturers.
We have only evolved when our critical thinking allows us to walk on a razor’s edge; the rest remains just dreaming, whether we are sleeping or dreaming while awake.
The rest is easy.