Global South must not just copy the North; rather, re-invent for the new global age. America was the world only super prosperous entrepreneurial country ever developed until globalization crushed the middle classes of the West and brought economies to their knees. Out there, like an open book, the grave and repeated errors are all over-indexed.
Nations of the North are currently sinking, unable to stage any boldly focused dialogue to rethink workable growth models, refusing to unearth the truth, unable to regain respect from the citizenry, and dwindling towards populism. Await the new magical series of stories about the most exotic elections during 2024. There needs to be more business sense amongst national leaders; climate finance programs may break the rest, compounded by the prolonged inability to create and build entrepreneurial nations.
The Future is a harsh teacher. What went wrong in the free world? How did they slowly transform from the entrepreneurial ‘real-value-creation-economies’ into value-manipulation, ‘fast-currency-printing-economies?’
With universities still decade behind, China of today only arrived here not because of access to funding but firstly because it built its citizenry and how it nationally mobilized entrepreneurialism to build the nation with SME bases. India may become the number one power, but only once it creates a skilled and entrepreneurial citizenry.
A quick study of the top ‘population-rich nations’ will paint a different picture of what the top ten ‘knowledge-rich nations’ preach. If China harnessed its 50% of high-potential SMEs to rise to a global age of competitiveness and changed the picture of China, what is at play now with the top ten population-rich nations? What can Global South add to increase the progress tempo?
Only highly skilled and productive staffing created global corporate empires.
Nations of today, in the digitized global age, only with up-skilled citizenry will make progress. While nations already illusioned AI as a techno-crypto driver of economies and hallucinated with abstract climate finance ideas with endless rainfall of currencies will only send political cadre swinging on hammocks in the backyards. Nevertheless, global needs have already advanced where current skills will not fit inside globally connected digital war-rooms to manage global speed posturing on productivity, performance, and profitability of the nation.
What Lessons Can Global South Learn From Mistakes of the North?
Economic development without entrepreneurialism is only economic destruction. There is no political power with economic power. There is no economic power without entrepreneurial power. There is no entrepreneurial power unless the mindset hypothesis is balanced. The mindset hypothesis creates a balance between the job seeker’s and job creator’s mindsets. This is the most significant HR failure.
Increasing the debt ceiling is not an economic success but a grand economic failure. Abandoning a 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. Balance mindsets for superior productivity, performance, and profitability; otherwise, what is currently visible is often only like a big defeat.
Facts: Entrepreneurialism is a job-creator mindset. SMEs cannot grow and exist without entrepreneurialism. 100% Economic development of the free world is in the hands of job-seeker mindsets. Without creating oceans of SMEs, the national economies cannot expand. Unless such are debated, there are no economic or climate funding solutions.
Openly debated, openly challenged: Agree or disagree, the tectonic changes cometh fast. The lead players, like ASEAN, OIC, Commonwealth, Global South, and BRICS, all have grand metamorphosis in action; new thinking must be deployed. When all economic development teams have only job-seeker mindsets, this openly visible disconnect must be immediately identified and fixed. As a rule, job-seekers, and job-creator mindsets combined are needed to create prosperous economic prosperity models to allow dynamic and entrepreneurial-based real-value-creation ideas and new enterprise development.
The Future Cometh:
Come 2030, a new world of commerce and economic behaviorism will emerge, and global connectivity will be measured as a new global age economic development bass: lead, follow, or get out of the way.
Post-Platform-Economy + Merged Post-Gig-Economy + Post-Minus-Bureaucracy-Economy + Future Skill Mobilization = Nation Mobilization of Entrepreneurialism
The Post-Platform-Economy is a highly integrated stage full of global rivers and oceans of digitization, Merged with Post-Gig-Economy where human talent liberated from century-old office thinking and irrelevant education will shine after responding to Post-Minus-Bureaucracy-Economy where paper-based bureaucracies and crawl-mentality will be wiped out due to new demands of hyper speed and precise accuracies as new Future of high-speed quality, on production, performance and profitability will expose, reject and immediately shut out incompetence.
The new highlight on Women and Youth Power: The prolonged abandonment of women as the Second Wheel of the same economic cart and avoidance of youth as the driving force of new talents openly show insecure bureaucratic policies and open rejection of mighty hidden talents, failure to see SMEs oceans are fertilization points and citizenry as entrepreneurial force is where West failed and created a generational gap.
This is how a new stage of uplift of the global populace will emerge. Success will not be money but speed; speed is not how fast but how efficient are systems to create high value. High value is not profit but productivity and talent optimization. Talent optimization is the reward to humankind and the only mandate given to national leadership—this is the digital age answer to grassroots prosperity challenges.
How Expothon Worldwide is leading this exclusive narrative across the 100 nations and how many ideas it has tabled to uplift SME sectors and mobilize national entrepreneurialism and advanced orientations of national economic development teams.
Study intensely on Google, as universities are still being prepared for such challenges.
Once oceans of SMEs are created, these little enterprises have enormous potential to become significantly large. Nevertheless, understanding how and why small ideas become big is already super complex. Study mindsets, why ballerinas cannot become Sumo wrestlers, or vice versa. Small becomes big, and big becomes big wins. It takes an open mind with a grand vision to achieve this. Learn fast; fail fast, but drive via entrepreneurial mysticism.
Nevertheless, failing to understand the ‘mindset hypothesis,’ the difference between the job seeker and job creator mindsets is the first skill needed in any serious dialogue on SME economic recovery. Failing to articulate the ‘National Mobilization of Entrepreneurialism’ is the second step required for any national economic development activity.
Behold the marches of occupation-less wanderers, remote drifters, innovative thinkers, and billions in digital synch while digitization opens new skies, minimal costs with maximum regional impacts in the shortest time; this will create something similar to the first e-commerce booms. Early e-commerce ideas were critically handicapped due to incomplete circuitry and public skills to cope with technologically-based thinking—this time, like dressing up a Christmas tree, plugging, stringing, and lighting grand ideas.
Where are the blueprints, where are the formulas, and what it takes to create national mobilization? A new world is emerging, and entrepreneurialism will lead the way. The four billion displaced, replaced, and misplaced folks will seek entrepreneurial adventures. Today’s world offers 1000 times more options, accessible technologies, and globally connected market access over cubicle slavery as far more pleasing and economically rewarding. Welcome to a new world. To avoid sinking feelings, become a friend of your mindset and acquire mastery.
A Cabinet-level discussion is a good start; the rest is easy.