The New Builders
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Оглавление
Seth Levine. The New Builders
MORE PRAISE FOR SETH LEVINE AND ELIZABETH MACBRIDE'S THE NEW BUILDERS
THE NEW BUILDERS. Face to Face with the True Future of Business
CONTENTS
Guide
Pages
FOREWORD: OWN YOUR FIERCE POWER
Becoming an Entrepreneur
Power Moves
INTRODUCTION: THE REBIRTH OF THE GREAT AMERICAN ENTREPRENEUR
PART I Who are the New Builders?
CHAPTER ONE A New Generation
The New Builders
Entrepreneurs Are Everywhere
Hope
Choosing What to See
What Is an Entrepreneur?
Silicon Valley and the Rise of the Giants
Notes
Endnotes
CHAPTER TWO How Change Really Happens
Main Street USA
How Big Became Beautiful
Why a Dynamic Economy Is Important
Innovation Comes from Surprising Places
Can You Tell an Innovator When You See One?
Innovation and Invention; Entrepreneurship and Science
The Easy Story of the Big Movers
Notes
Endnotes
CHAPTER THREE The Definition of Success
Entrepreneurial Dreams
The Great Disappearance
It's About Capital. Hard Stop
Note
Endnotes
CHAPTER FOUR More than Grit
Relentless Pursuit
Doing What It Takes
Ghost Startups
Sometimes It's the Journey That Counts
Endnotes
PART II How We Got Here / What We're Up Against
CHAPTER FIVE Opportunity When You Don't Expect It
Note
Endnotes
CHAPTER SIX A Brief History of Entrepreneurship in the United States
Part Myth, Part History
Entrepreneurial from the Beginning
The Age of Exploration
Colonial Ingenuity
The Business of Revolution
The Revolution of Business
The Land of Opportunity. For Some
Starting Over versus Failing
Collaboration Thrives
The Dawn of the Internet Age
Venture Capital Is Born
The Silicon Valley Version of Entrepreneurship
Notes
Endnotes
CHAPTER SEVEN The Elephants in the Room
Go Big or Go Home
Where Did Our Love Affair with Size Come From?
Big and Politically Powerful
Signs of Change?
Who Can Fight Back?
Notes
Endnotes
CHAPTER EIGHT Where's the Money?
Women‐Owned Businesses Are Our Single Biggest Potential Source of Economic Growth
A Different Flavor of Iced Tea
The Nexus of Capital, Network, and Culture
Grassroots Growth
Capital Matters
Banks
The Slow Decline of Community Banks
More than Just Capital
Note
Endnotes
CHAPTER NINE Failure, a Hallmark of Builders New and Old
Are We Starting to Fail at Failing?
Redefining Failure
Institutionalized Failure, in a Good Way
Teaching Resilience
Note
Endnotes
PART III The Invisible Army
CHAPTER TEN Unlikely Heroes
Notes
Endnote
CHAPTER ELEVEN Crossing the Divide
Big Prairie and Open Pastures
An Uphill Climb
Fights That Don't Exist
Notes
Endnotes
CHAPTER TWELVE Sum of Our Parts
Beauty Matters
The Old Boys Network Put to Good Use
Proudly Supporting “Lifestyle Businesses”
The Stonewall Jackson Sign Finally Falls
Endnotes
CHAPTER THIRTEEN No One Develops on the East Side
It Takes Money
The Death of the American Bank
Financial Giants
Redlining Is Real, Even Today
“That Evil Woman”
The Forgotten Hero of Community Finance
Fewer Loans and Higher Interest Rates
The Relationship Factor
Endnotes
PART IV Face to Face with the Future
CHAPTER FOURTEEN A Secret of Silicon Valley
No One Does It Alone
Serendipity
Focus on the Numbers
Two Times More Likely
Metcalfe's Law
Notes
Endnotes
CHAPTER FIFTEEN New Capital Models
Financing at Scale
The Definition of Investor and Financier
Connecting Investors with Main Street
A Trailblazer 40 Years in the Making
A Laboratory for Innovation
New Builders Supporting New Builders
A Call for Creative Finance
Endnotes
CHAPTER SIXTEEN Hope and Promise
See New Builders and See Ourselves
Change Starts with Individuals, but Collective Action Is What Really Matters
Safety Nets and Backstops
Rebalance Regulations to Help Small Business
Create a Movement of Support for New Builders
Broadening Capital Ownership
Why Should You Act? Because Communities Matter
Note
Endnote
EPILOGUE
Endnotes
ACKNOWLEDGMENTS
ABOUT THE AUTHORS
INDEX
WILEY END USER LICENSE AGREEMENT
Отрывок из книги
“Across various chapters of my professional career, one of which as head of Investment and Innovation of the U.S. Small Business Administration, I've seen first hand the seismic changes our entrepreneurial economy is going through. The New Builders perfectly captures these important and interconnected trends – trends that many people fail to see.”
—JAVIER SAADE, Former Associate Administrator, Chief of Investment and Innovation, U.S. Small Business Administration
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In the coming chapters, we'll explore places like Staunton, Virginia, which is home to a local angel network that has invested more than $1 million and is home to a makerspace that has helped rejuvenate the downtown. The story of the Staunton Makerspace shows what happens when the spirit of New Builders takes root in a community and is nurtured there. About a year after it was opened, a fire destroyed the fledgling operation in downtown Staunton. A 92‐year‐old former machinist, George Saugui, read about the fire in the newspaper. “I thought we lost everything,” Dan Funk, the founder of the Makerspace told us. “But he showed up.” The duo hoisted George's old workbench into a truck and brought it down to the ruined Makerspace. “He sat for four weeks, repairing all of our woodworking equipment,” Dan recalled. The Makerspace was rebuilt with the help of George and others in the community who turned up to rally around this important asset. It is now back in operation and has since expanded to include members working on a variety of hobbies, as well as entrepreneurial ventures in everything from textiles to 3D printing (which quickly became important during Covid‐19).
Indeed, entrepreneurs, especially those with unexpected success stories, have given the United States much of our identity as a nation of builders and doers, risk‐takers, and innovators, of economic prosperity and deep community identity. The story we tell ourselves about America, although part myth and part reality, is inexorably linked to this entrepreneurial spirit.
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