 Nonemptiness of the Banach-algebra spectrum

Every element of a nonzero complex unital Banach algebra has a nonempty compact spectrum of an element. If the resolvent of an element existed everywhere, composing it with any bounded linear functional would give a bounded entire function tending to zero at infinity. The Liouville theorem and point separation by the Hahn-Banach theorem would force the resolvent to be zero, contradicting the inverse equation. Nonunital algebras are treated by unitization.