Everyone Is an Entrepreneur

Selling Economic Self-Determination in a Post-Soviet World

Non-Fiction - Business/Finance
326 Pages
Reviewed on 03/31/2022
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    Book Review

Reviewed by Foluso Falaye for Readers' Favorite

Everyone Is an Entrepreneur explains how the world works, in terms of exchanging value, and how people can benefit and improve their lives from having this knowledge. Gregory V. Diehl's decision to migrate to Armenia exposed him to the limitations of a post-Soviet economy that still experiences the consequences of the restrictive government in the USSR. Gregory expresses that dictatorship discourages people from thinking as an entrepreneur would and optimally employing available resources. In this distinctly educative and intellectual book by Gregory V. Diehl, readers are taught some fundamentals of entrepreneurship and economics, including what wealth is, how entrepreneurship attracts wealth, anti-entrepreneurial biases, and a real-life depiction of entrepreneurship. Could the solution to poverty lie in the understanding of basic concepts of wealth and entrepreneurship?

Forget what you know about money and entrepreneurship as the life-changing lessons in Everyone Is an Entrepreneur are the perfect tools for advancing significantly in wealth and in life. Though I studied economics at university and was strongly against the exploitative nature of capitalism, I was won over by the book's intelligent arguments for the freedom and choices that come with capitalism—which is best used with the right information and discipline. Get ready for a highly engaging experience with several interesting stories about the author's stay in Armenia and a simplified sociopolitical and historical analysis of the major world economic systems. Whether you're a CEO, an artist, a health worker, some other type of professional, or not even a professional at all, you will appreciate the brilliant insights in these chapters. Gregory V. Diehl's book is up there with the best in the genres of finance and business!

Diana Lopez

Everyone Is an Entrepreneur explains everything there is to know about being an entrepreneur. One of its main focuses is on knowledge. It has been said before that 'knowledge is power' because knowledge will give us the skills to inform ourselves and choose better options and actions. The important thing is to know how to apply the knowledge correctly and practically. Gregory V. Diehl tries to develop people's curiosity so that they find ways to be creative and break the restrictions of false ideas. Anyone can be an entrepreneur; knowledge is more available to people than ever before, and the possibilities to find opportunities are endless. This book will help us believe in ourselves and direct our abilities to an objective purpose.

The stories about Armenia enchanted me. Throughout the book, the author explains his intense arguments in his experiences. He often talks about the cultural clash between the United States and Armenia. During his time in Armenia, he learns a lot and manages to get many resources that seemed impossible. Many examples of creativity come from that place. The way Gregory V. Diehl explains the ideas is also very interesting, because you see the need to be an autodidact, and he expresses himself as one. Everyone Is an Entrepreneur has no technical language but its explanations are very detailed, which makes this information available to anyone who wants to start a business or is looking for inspiration to continue developing their skills.

Asher Syed

Everyone is an Entrepreneur: Selling Economic Self-Determination in a Post-Soviet World by Gregory V. Diehl is a non-fiction book that is largely on comparative and transition economies, but more specifically tailored to Diehl's commitment to making sure the switch stays on with a free-market mentality that begins at the micro level. Broken down into five distinct and interconnected sections, then further grouped into twenty-one individual chapters, Diehl covers ideas compartmentalized into the following: What Wealth is and Where it Comes From, How Entrepreneurial Thinking Leads to Wealth Accumulation, Anti-Entrepreneurial Biases, Misinformation, and Obstacles, The Natural Laws and Qualities of Entrepreneurial Interaction, and Entrepreneurship Applied in Reality. “There is some sort of pathological fear of stepping off the beaten and culturally condoned path in both the setting of goals and the devising of strategies to achieve them.”

I picked up Everyone is an Entrepreneur by Gregory V. Diehl for two reasons. The first is that my educational background is in international finance, so Diehl's book is exactly the type of non-fiction literature that tickles me. The second is that I grew up in a third-world country and moved to the West in my 20s, and the mental barriers Diehl describes are issues I still see every time I return to my home country. The book is intelligently written without being pretentious and will be comfortable to digest by even the most reluctant of readers. Diehl, who has chosen to live in Armenia, is a first-hand authority on witnessing the failings of the barrier and the success of those who can knock it down. I most connected with chapter eleven and its focus on a social structure that smacks down a productive spirit, which speaks of cultural anti-entrepreneurial attitudes with profound honesty. The example used coincidentally also works in my adopted home in London, where black cab drivers are determined to blackball ridesharing apps for exactly what Diehl describes: the ease of being regulated creates wealth for those under the government umbrella, and losing that to free-market drivers forces competition they do not want. Very highly recommended.

Jamie Michele

Everyone Is an Entrepreneur: Selling Economic Self-Determination in a Post-Soviet World by Gregory V. Diehl is a work of economic non-fiction with a slight leaning toward the history of Soviet governance. The author works through the barriers of an entrepreneurial spirit that exist right this moment in a place that, for decades, prevented its people from engaging in commerce. Diehl delivers this combination in five parts. These are: What Wealth Is and Where It Comes From, How Entrepreneurial Thinking Leads to Wealth Accumulation, Anti-Entrepreneurial Biases, Misinformation, and Obstacles, The Natural Laws and Qualities of Entrepreneurial Interaction, and Entrepreneurship Applied in Reality. Each of these is covered to a remarkable degree of depth by a skilled author who can see how the Iron Curtain is still blinding the people in Armenia, where Diehl lives, to this day.

I had a roommate in college who is Romanian and I remember the first time she told me about the three-day revolution, where at age 13 she watched a dictator get pulled out of his helicopter, and tried and executed on the spot. Her parents to this day live in the same communist flat and their inability to adapt to a free market meant she was responsible for keeping them out of poverty. Everyone Is an Entrepreneur took me back to this memory and Gregory V. Diehl put this friend's history into perspective for me. It also proved everything he had to say was correct and that so long as there is a cultural block to taking the reins into your own hands, you will be left behind in a cycle of poverty. In this first-hand account, Diehl details his banging-his-head-against-a-wall moments in conversations where nobody seemed to understand. Change does not happen from the top down. It is a bottom-up endeavor. Those on the ground are the ones downing the helicopter...now they just need to learn how to fly it themselves.