EPISODE · Nov 21, 2020 · 5 MIN
S2E12 - Business lessons from Julius Caesar |Tamil Entrepreneurship Podcast | Tamilpreneur
from Tamilpreneur · host Tamil Preneur
In this episode of Tamilpreneur podcast series, we cover the business lessons learnt from Julius Caesar, who was one of the leaders of Ancient Rome. We have explained how Julius Caesar applied Veblen effect wisely in his life. The Veblen Effect is the positive impact of the price of a commodity on the quantity demanded of that commodity. It is named after American economist and sociologist Thorstein Veblen, who studied the phenomenon of conspicuous consumption in the late 19th century. We have also touched upon the law of demand for the benefit of users. The law of demand states that other factors being constant, price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall. Instagram : https://www.instagram.com/tamilpreneur/ . You can Follow Tamilpreneur on Instagram for daily content related to startups and business in tamil. Send a message to clarify your start-up/business related queries with the featured CEOs for free. Credits: Podcast host : Shyam Siddarth. Music in this audio. 1. The usual soundtrack : Charlotte Carpenter - Wasted. 2. Age of Empire 2 DE - The Last Khans Expended by Vitalis Eirich 3. Game of Thrones by 2CELLO 4. Age of Empire 2 by Ensemble Studios 2 5. Wrath of the Lich King by Game Music Ensemble
What this episode covers
In this episode of Tamilpreneur podcast series, we cover the business lessons learnt from Julius Caesar, who was one of the leaders of Ancient Rome. We have explained how Julius Caesar applied Veblen effect wisely in his life. The Veblen Effect is the positive impact of the price of a commodity on the quantity demanded of that commodity. It is named after American economist and sociologist Thorstein Veblen, who studied the phenomenon of conspicuous consumption in the late 19th century. We have also touched upon the law of demand for the benefit of users. The law of demand states that other factors being constant, price and quantity demand of any good and service are inversely related to each other. When the price of a product increases, the demand for the same product will fall. Instagram : https://www.instagram.com/tamilpreneur/ . You can Follow Tamilpreneur on Instagram for daily content related to startups and business in tamil. Send a message to clarify your start-up/business related queries with the featured CEOs for free. Credits: Podcast host : Shyam Siddarth. Music in this audio. 1. The usual soundtrack : Charlotte Carpenter - Wasted. 2. Age of Empire 2 DE - The Last Khans Expended by Vitalis Eirich 3. Game of Thrones by 2CELLO 4. Age of Empire 2 by Ensemble Studios 2 5. Wrath of the Lich King by Game Music Ensemble
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S2E12 - Business lessons from Julius Caesar |Tamil Entrepreneurship Podcast | Tamilpreneur
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