Cycle 1
Cycle 2
History of entrepreneurship
The Risk-Taker (The 1700s)
The Hero: Richard Cantillon.
The Big Contribution: RISK.
The Explanation: Before this, people thought entrepreneurs were just "takers." Cantillon said: "No, they are gamblers!" They buy at a known price today to sell at an unknown price tomorrow.
Real-Life Example: Think of a person buying 100 avocados at Paloquemao market today. They don't know if they will sell them all tomorrow or if it will rain and no one will buy. That "scary" feeling of losing money is Level 1.
The Organizer (The 1800s)
The Hero: Jean-Baptiste Say.
The Big Contribution: MOVING RESOURCES.
The Explanation: Say argued that an entrepreneur is like a Conductor of an Orchestra. They move land, labor, and money from a place where they earn little to a place where they earn a lot.
Real-Life Example: Taking an empty garage (Land), hiring a friend (Labor), and buying some flour (Capital) to start a pizza business. You organized them to create something more valuable!
The Disruptor (The 1940s)
The Hero: Joseph Schumpeter.
The Big Contribution: INNOVATION (Creative Destruction).
The Explanation: Schumpeter said entrepreneurs are "Explosive." They destroy old ways of doing things to create better ones.
Real-Life Example: Think about Netflix. It "destroyed" the old DVD rental stores like Blockbuster. It wasn't just a "business change"; it was a totally new idea.
The Opportunity Hunter (The 1980s-Present)
The Hero: Peter Drucker.
The Big Contribution: SEARCHING FOR CHANGE.
The Explanation: Drucker said entrepreneurs don't wait for a "spark" of genius. They look for changes in the world and treat them as opportunities.
Real-Life Example: When the pandemic started, people needed masks. Entrepreneurs didn't just "invent" masks; they saw the change in the world and acted fast to provide them.
Activity
You want to start a business in our school tomorrow. Organize the explained stages from the one you consider is the easiest to the most difficult and explain your decision.
Cycle 3
Colombian entrepreneurship pattern
Pattern 1: Solving the Local Need. Most Colombian ideas are born because something in our city is difficult (traffic, long lines, or needing a specific ingredient).
Pattern 2: Social Trust. Unlike some global companies, Colombian businesses often grow by treating employees and customers like family (The "Social Vector" from your class notes).
Pattern 3: Innovation. Colombian businesses take a traditional thing (like a taxi or a grocery list) and add an app or a website to make it faster.
Pattern 4: "Glocal" (Global + Local). Colombian businesses keep their Colombian "flavor" but sell it to the whole world.
Activity
Propose a business idea following the four explained patterns.