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The social and economic entrepreneurship of Azerbaijan Democratic Republic

Today, Azerbaijan celebrates 99th anniversary of Azerbaijan Democratic Republic The ADR was established after the collapse of the Russian Empire. Head of the National Council of Azerbaijan – Mammad Amin Rasulzade – the key individual which ADR was founded under his leadership and entrepreneurial ideology, signed  “Act of Independence of Azerbaijan” exactly on this day…
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The future of money

It’s coming. Right now, it’s like we are in a world that is seeing the first automobile. The first cryptocurrency, like the first car, is slow and hard to understand and hard to use.Digital money, like the horse and carriage, works pretty well, and the whole world economy is built on it. Watch digital currency researcher Neha Narula’s talk where she…
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Guide to doing business in Azerbaijan – Civil Legislation and Language Policy

On the previous article, we took a general look at doing business in Azerbaijan. Let’s take further sights on its civil code and language requirements. The Civil Code constitutes the basis of civil law in Azerbaijan which was adopted in 1999. The Constitutional Law possesses its supremacy over the civil code and other normative legal…
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Guide to doing business in Azerbaijan – Overview

  Guide to doing business in Azerbaijan This series of posts will provide up-to-date information on conducting business in Azerbaijan. These comprehensive would-be-guide series include a general overview of the country and its socio-economic, business conditions such as legal and supervisory framework, tax issues, investment opportunities and so on. The Republic of Azerbaijan is a secular, democratic,…
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5 unique quotes from Peter Thiel’s Zero to One

Peter Thiel is an American entrepreneur, author, businessman, and one of the first professional investors of Facebook with 500000$ in its early start-up stage. Either, he is co-founder of Paypal and Palantir. His brilliant masterpiece – Zero to One is worth reading where he spectacularly delivers a completely different look how to create value in…
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How the blockchain will radically transform the economy

Blockchains are the most transparent and remarkably decentralized way of recording list of transactions.  Hundreds of decentralized kind of currencies have been created each year with different features and purposes. Blockchain-based currency transactions are fast and most importantly secure where public records mean it is more transparent and private as well. Bettina Warburg  –  the graduate of…
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8 of Ayn Rand’s most inspirational quotes

Ayn Rand – Russian/American novelist, the philosopher who developed a philosophical system so-called objectivism. She became well-known due to her two best-selling novels, The Fountainhead and Atlas Shrugged. Her works are still popular and relevant. Here  are the 8 most inspiring and empowering quotes from Ayn Rand: A creative man is motivated by the desire to achieve,…
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The “6 D”s of Exponentials.

The structure of organizations is changing faster than it has ever been. Thus, an inevitable shift from “got an idea!” to “running a billion-dollar company” is occurring at a glance.   Fully focusing on the new wave of technological developments at an exponential scale of change, the ultimate size of the companies became smaller. Just because of…
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Who we are?

Katalatto is the Ancient Greek term for “to exchange”. It also means “to make foes to friends”. F.A. Hayek derived from it his term “catallactics” to describe the economic order of a free market. The exchange is the essence of markets and therefore development and wealth. Exchange in its form of free trade and mutually…
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