Get Email Updates
Sign up today to receive information and event invitations from the U.S. Chamber of Commerce Foundation.
Tech hubs are blossoming in America's big metros. Not just in Silicon Valley, but in New York City and Boston too. Richard Florida's new "Startup City" report shows tech firms and venture capital "shifting back to the great urban centers."
This growth is great. But what about the rest of America? Surely there must be innovation bubbling up there. And if it is, financial capital should follow.
Abundance is a powerful word that promises many things.
“The worst part of success is trying to find someone who is happy for you.”
― Bette Midler
There have been so many celebrations of failure in business recently, it seems success has become a dirty word. From ideas like “failing up” as a way to celebrate rightfully-earned humility to entrepreneurs boasting about their failed ventures to potential investors, one is left to wonder about what success actually means.
There is a general perception today that the typical entrepreneur is a 20-something tech wiz who builds a million-dollar social application out of his parent’s garage or college dorm room. The problem with this stereotype is that there is no such thing as a “typical” entrepreneur. Indeed, perhaps one of the few things common to all entrepreneurs is that they are not typical. They are risk takers and innovators, and often times, success means thinking in creative, untypical ways to satisfy an unaddressed consumer demand.
There is a strange phenomenon occurring in the United States. On the one hand, Americans have a long tradition of championing the entrepreneur, the underdog who strikes out alone and captures the American Dream. On the other hand, successful entrepreneurs today are facing hostile arguments that say their success makes them the bad guy.