Mike interviews William H. Janeway.
Get ready for a wild ride because my recent chat with William H. Janeway, the author of “Doing Capitalism in the Innovation Economy: Markets, Speculation, and the State,” is about to blow your mind.
Imagine a world where capitalism isn’t just about making money and fueling innovation, speculation, and the state’s involvement in economic growth. Intrigued? You should be! Janeway breaks it down in his book, and our conversation took it to a new level.
We started by digging into the core motivations behind human behaviour in the marketplace. Janeway hit the nail on the head when he talked about how greed isn’t necessarily bad—it’s just one of the driving forces behind innovation and economic progress. But here’s the kicker: it’s not just about greed. It’s about finding those individuals who are intrinsically motivated by their work and who have the skills and passion to push boundaries and create change.
We delved into the importance of intrinsic motivation in organizations, highlighting the need to surround ourselves with people driven by their curiosity and desire to grow. Janeway emphasized the power of clarity in leadership, pointing out that a clear vision combined with the right talent can propel a business forward faster than you can say “entrepreneurship.”
William Janeway dropped some serious knowledge bombs about transitioning from an entrepreneur to a CEO. It’s not just about working hard but designing intelligent systems and processes that allow scalability and efficiency. He stressed the importance of constantly adapting and evolving, especially as your business grows and changes.
We also talked about the importance of speed in today’s fast-paced world. Janeway highlighted that speed isn’t just about working harder—designing systems that reduce friction and allow for quick decision-making and implementation. In other words, it’s all about finding ways to move with purpose and efficiency.
And let’s not forget about the role of uncertainty in the innovation economy. Janeway clarified that embracing chaos and uncertainty drives growth and progress. It’s about taking calculated risks and being willing to fail to learn and grow.
But perhaps the most eye-opening part of our conversation was when Janeway touched on the state’s role in fostering innovation and economic development. He emphasized the importance of government investment in research and development, highlighting how initiatives like the DARPA have paved the way for groundbreaking innovations that have shaped our world.
Our conversation with William H. Janeway was enlightening. His insights into the dynamics of capitalism, innovation, and the state’s role have left me feeling inspired and ready to take on whatever challenges come my way. So, suppose you’re prepared to shake up your understanding of business and economics. In that case, I highly recommend his book “Doing Capitalism in the Innovation Economy: Markets, Speculation, and the State.”
Mike Fallat, aka The BookMan, is the owner of Dreamstarters Publishing and the Million Dollar Book Agency. They have helped 300+ entrepreneurs become bestselling authors. His goal is to help 1,000 entrepreneurs publish books and teach them how to use their books as a gateway to generating 7-figures.
Visit website for more information: https://www.milliondollarbookagency.com/
[{"id":2122,"link":"https:\/\/blog.milliondollarbookagency.com\/patrina-dixon-author-of-it-my-money-a-guided-journal-to-help-you-manage-your-finances\/","name":"patrina-dixon-author-of-it-my-money-a-guided-journal-to-help-you-manage-your-finances","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/09\/Captura-de-pantalla-2024-09-18-084903.png","alt":""},"title":"Patrina Dixon - Author of \"It\u2019$ My Money \u2013 A Guided Journal to Help You Manage Your Finances\"","excerpt":"","content":"Mike interviews Patrina Dixon. When it comes to financial success, getting lost in the endless sea of advice is easy. Everyone\u2019s got an opinion on","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Sep 18, 2024","dateGMT":"2024-09-18 14:50:55","modifiedDate":"2024-09-18 14:50:57","modifiedDateGMT":"2024-09-18 14:50:57","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":0},"status":"publish"},{"id":2106,"link":"https:\/\/blog.milliondollarbookagency.com\/steven-stroum-author-of-success-and-self-discovery-a-business-memoir-with-insightful-tips-and-personal-development-advice-that-will-help-any-entrepreneur\/","name":"steven-stroum-author-of-success-and-self-discovery-a-business-memoir-with-insightful-tips-and-personal-development-advice-that-will-help-any-entrepreneur","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/09\/Captura-de-pantalla-2024-09-13-132254.png","alt":""},"title":"Steven Stroum - Author of \"Success And Self-Discovery: A Business Memoir With Insightful Tips And Personal Development Advice That Will Help Any Entrepreneur\"","excerpt":"","content":"Mike interviews Steven Stroum. In this episode of Million Dollar Stories, We sat down with Steven Stroum, who embodies the grit and self-awareness every entrepreneur","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Sep 13, 2024","dateGMT":"2024-09-13 16:25:16","modifiedDate":"2024-09-13 16:25:19","modifiedDateGMT":"2024-09-13 16:25:19","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":0},"status":"publish"},{"id":2088,"link":"https:\/\/blog.milliondollarbookagency.com\/greg-crabtree-author-of-simple-numbers-straight-talk-big-profits-4-keys-to-unlock-your-business-potential\/","name":"greg-crabtree-author-of-simple-numbers-straight-talk-big-profits-4-keys-to-unlock-your-business-potential","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/09\/Captura-de-pantalla-2024-09-05-121838.png","alt":""},"title":"Greg Crabtree - Author of \"Simple Numbers, Straight Talk, Big Profits!: 4 Keys to Unlock Your Business Potential\"","excerpt":"","content":"Mike interviews Greg Crabtree. In this episode of Million Dollar Stories, I had the pleasure of sitting down with Greg Crabtree, who's spent his life","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Sep 6, 2024","dateGMT":"2024-09-06 12:00:00","modifiedDate":"2024-09-05 15:20:53","modifiedDateGMT":"2024-09-05 15:20:53","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":46},"status":"publish"},{"id":2078,"link":"https:\/\/blog.milliondollarbookagency.com\/richard-walsh-author-of-escape-the-owner-prison-the-contractors-new-way-to-scale-regain-control-and-fast-track-growth-while-loving-life\/","name":"richard-walsh-author-of-escape-the-owner-prison-the-contractors-new-way-to-scale-regain-control-and-fast-track-growth-while-loving-life","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/09\/Captura-de-pantalla-2024-09-04-123500.png","alt":""},"title":"Richard Walsh - Author of \"Escape the Owner Prison: The Contractors new way to scale, regain control and fast track growth while loving life\"","excerpt":"","content":"Mike interviews Richard Walsh. Imagine this: you\u2019re sitting in a coffee shop, sipping on a latte, and out of the blue, you check your bank","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Sep 5, 2024","dateGMT":"2024-09-05 12:00:00","modifiedDate":"2024-09-04 23:26:22","modifiedDateGMT":"2024-09-04 23:26:22","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":21},"status":"publish"},{"id":2056,"link":"https:\/\/blog.milliondollarbookagency.com\/d-f-hart-author-of-accounting-for-authors-financial-analysis-budgeting-costs-and-margin-made-simple\/","name":"d-f-hart-author-of-accounting-for-authors-financial-analysis-budgeting-costs-and-margin-made-simple","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/08\/DF-Hart.png","alt":""},"title":"D.F. Hart - Author of \"Accounting for Authors: Financial Analysis, Budgeting, Costs, and Margin Made Simple\"","excerpt":"","content":"Mike interviews D.F. Hart. In a recent episode of Million Dollar Stories, We had the pleasure of speaking with D.F. Hart, a force to be","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Aug 16, 2024","dateGMT":"2024-08-16 15:53:15","modifiedDate":"2024-08-16 17:08:42","modifiedDateGMT":"2024-08-16 17:08:42","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":47},"status":"publish"},{"id":2032,"link":"https:\/\/blog.milliondollarbookagency.com\/david-schloss-author-of-the-new-mba-how-to-build-a-business-that-you-love-and-take-control-of-your-finances-without-losing-who-you-are\/","name":"david-schloss-author-of-the-new-mba-how-to-build-a-business-that-you-love-and-take-control-of-your-finances-without-losing-who-you-are","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/08\/Captura-de-pantalla-2024-08-07-123041.png","alt":""},"title":"David Schloss - Author of \"The New MBA: How to Build a Business That You Love and Take Control of Your Finances Without Losing Who You Are\"","excerpt":"","content":"Mike interviews David Schloss. When we talk about entrepreneurship, it\u2019s easy to get caught up in the buzzwords, the big dreams, and the flashy Instagram","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Aug 8, 2024","dateGMT":"2024-08-08 13:44:24","modifiedDate":"2024-08-08 13:44:27","modifiedDateGMT":"2024-08-08 13:44:27","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":5,"sec":8},"status":"publish"},{"id":2005,"link":"https:\/\/blog.milliondollarbookagency.com\/gerald-everett-jones-author-of-white-collar-migrant-worker-making-your-way-in-the-gig-economy\/","name":"gerald-everett-jones-author-of-white-collar-migrant-worker-making-your-way-in-the-gig-economy","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/08\/Captura-de-pantalla-2024-08-07-120043.png","alt":""},"title":"Gerald Everett Jones - Author of \"White-Collar Migrant Worker: Making Your Way in the Gig Economy\"","excerpt":"","content":"Mike interviews Gerald Everett Jones. Today, we\u2019re diving headfirst into the labyrinth of the gig economy with none other than Gerald Everett Jones. If you\u2019ve","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Aug 7, 2024","dateGMT":"2024-08-07 15:13:19","modifiedDate":"2024-08-08 13:18:06","modifiedDateGMT":"2024-08-08 13:18:06","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":25},"status":"publish"},{"id":2024,"link":"https:\/\/blog.milliondollarbookagency.com\/alexander-ohnemus-author-of-accounting-fundamentals-and-applications-thesis\/","name":"alexander-ohnemus-author-of-accounting-fundamentals-and-applications-thesis","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/08\/Alexander-Ohnemus.png","alt":""},"title":"Alexander Ohnemus - Author of\u00a0 \"Accounting Fundamentals and Applications Thesis\"\u00a0","excerpt":"","content":"Mike interviews Alexander Ohnemus. On this episode of Million Dollar Stories, we had the distinct pleasure of sitting down with Alexander Ohnemus, who embodies the","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Aug 7, 2024","dateGMT":"2024-08-07 15:12:15","modifiedDate":"2024-08-07 15:12:17","modifiedDateGMT":"2024-08-07 15:12:17","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":26},"status":"publish"},{"id":2000,"link":"https:\/\/blog.milliondollarbookagency.com\/randy-gage-author-of-radical-rebirth-kill-off-the-old-you-and-create-a-new-life\/","name":"randy-gage-author-of-radical-rebirth-kill-off-the-old-you-and-create-a-new-life","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/07\/Randy-Gage.png","alt":""},"title":"Randy Gage - Author of \"RADICAL REBIRTH: KILL OFF THE OLD YOU AND CREATE A NEW LIFE\"","excerpt":"","content":"Mike interviews Randy Gage. Ever feel like you're trapped in a cage of your own making, living a life that doesn't quite hit the mark?","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jul 29, 2024","dateGMT":"2024-07-29 15:02:46","modifiedDate":"2024-07-29 16:02:37","modifiedDateGMT":"2024-07-29 16:02:37","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":24},"status":"publish"},{"id":1983,"link":"https:\/\/blog.milliondollarbookagency.com\/jill-burk-author-of-real-financial-health-for-wellness-businesses-transform-your-practice-and-your-life-from-struggling-to-thriving-in-just-30-days-with-simple-tips-and-skills\/","name":"jill-burk-author-of-real-financial-health-for-wellness-businesses-transform-your-practice-and-your-life-from-struggling-to-thriving-in-just-30-days-with-simple-tips-and-skills","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/07\/Jill-Burk.png","alt":""},"title":"Jill Burk - Author of Real Financial Health for Wellness Businesses: Transform your practice and your life from struggling to thriving in just 30 days with simple tips and skills","excerpt":"","content":"Mike interviews Jill Burk. In this episode of Million Dollar Stories, we talked to the incredible Jill Burk about her game-changing book, \"Real Financial Health","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jul 26, 2024","dateGMT":"2024-07-26 16:49:44","modifiedDate":"2024-07-26 16:49:47","modifiedDateGMT":"2024-07-26 16:49:47","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":35},"status":"publish"},{"id":1971,"link":"https:\/\/blog.milliondollarbookagency.com\/greg-filbeck-author-of-working-capital-management-concepts-and-strategies\/","name":"greg-filbeck-author-of-working-capital-management-concepts-and-strategies","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/07\/greg-filbeck.png","alt":""},"title":"Greg Filbeck - Author of \"Working Capital Management: Concepts And Strategies\"","excerpt":"","content":"Mike interviews Greg Filbeck. In this episode of \"Million Dollar Stories,\" we had the pleasure of diving deep into finance and investment with Greg Filbeck.","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jul 26, 2024","dateGMT":"2024-07-26 16:47:48","modifiedDate":"2024-07-26 16:47:51","modifiedDateGMT":"2024-07-26 16:47:51","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":24},"status":"publish"},{"id":1937,"link":"https:\/\/blog.milliondollarbookagency.com\/darrell-mullis-author-of-the-accounting-game-learn-the-basics-of-financial-accounting-as-easy-as-running-a-lemonade-stand-basics-for-entrepreneurs-and-small-business-owners\/","name":"darrell-mullis-author-of-the-accounting-game-learn-the-basics-of-financial-accounting-as-easy-as-running-a-lemonade-stand-basics-for-entrepreneurs-and-small-business-owners","thumbnail":{"url":"https:\/\/blog.milliondollarbookagency.com\/wp-content\/uploads\/2024\/07\/Darrell-Mullis.png","alt":""},"title":"Darrell Mullis - Author of \"The Accounting Game: Learn the Basics of Financial Accounting - As Easy as Running a Lemonade Stand (Basics for Entrepreneurs and Small Business Owners)\"","excerpt":"","content":"Mike interviews Darrell Mullis. Imagine a room filled with eager entrepreneurs, each with a burning desire to understand the financial backbone of their businesses. They","author":{"name":"Bookman Forever","link":"https:\/\/blog.milliondollarbookagency.com\/author\/mdbapodcast\/"},"date":"Jul 10, 2024","dateGMT":"2024-07-10 15:06:04","modifiedDate":"2024-07-10 15:06:07","modifiedDateGMT":"2024-07-10 15:06:07","commentCount":"0","commentStatus":"open","categories":{"coma":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>","space":"<a href=\"https:\/\/blog.milliondollarbookagency.com\/category\/podcasts\/\" rel=\"category tag\">Podcasts<\/a>"},"taxonomies":{"post_tag":""},"readTime":{"min":4,"sec":38},"status":"publish"}]
