Comments on: Entrepreneurial Ignorance http://www.johnmerrells.com/2007/03/29/entrepreneurial-ignorance/ Entrepreneur. Engineer. Nice Guy. Fri, 21 Nov 2008 16:54:02 +0000 http://wordpress.org/?v=2.6.2 By: MODE - A Vehicle For Change http://www.johnmerrells.com/2007/03/29/entrepreneurial-ignorance/#comment-227 MODE - A Vehicle For Change Fri, 30 Mar 2007 17:47:21 +0000 http://www.johnmerrells.com/?p=90#comment-227 [...] • John Merrells posts up about the 5 Orders of Ignorance. Based on Order #2, I don’t know exactly how to apply these to entrepreneurship, but John asserts they will help. I also remember a Donald Rumsfeld speech using these orders and getting completely crucified in the press about it, but listening to someone talk about it is much harder to comprehend than reading it, this I (insert Order #1). [...] [...] • John Merrells posts up about the 5 Orders of Ignorance. Based on Order #2, I don’t know exactly how to apply these to entrepreneurship, but John asserts they will help. I also remember a Donald Rumsfeld speech using these orders and getting completely crucified in the press about it, but listening to someone talk about it is much harder to comprehend than reading it, this I (insert Order #1). [...]

]]> By: allan kelly http://www.johnmerrells.com/2007/03/29/entrepreneurial-ignorance/#comment-223 allan kelly Thu, 29 Mar 2007 10:06:30 +0000 http://www.johnmerrells.com/?p=90#comment-223 Level 4 is getting pretty close to Donald Rumsfeld territory. I think one of the much overlooked differences between the US and UK when comes to entrepreneurial activity is the City of London factor. In the US there are lots of commercial centres, some of them quite big. It isn't just New York, there is LA, SF, Boston, Chicago, etc. In the UK the only one of any size is London. And for anyone entrepreneurial the City is a big pull. There are rich pickings and they are reasonably low risk. There are lot of small firms servicing the big corporations and that is were they stay, people get to be "a little bit" entrepreneurial get some success and stay put. In short the City distorts the whole market. Level 4 is getting pretty close to Donald Rumsfeld territory.

I think one of the much overlooked differences between the US and UK when comes to entrepreneurial activity is the City of London factor.

In the US there are lots of commercial centres, some of them quite big. It isn’t just New York, there is LA, SF, Boston, Chicago, etc.

In the UK the only one of any size is London. And for anyone entrepreneurial the City is a big pull. There are rich pickings and they are reasonably low risk. There are lot of small firms servicing the big corporations and that is were they stay, people get to be “a little bit” entrepreneurial get some success and stay put.

In short the City distorts the whole market.

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