Friday, April 17, 2009

Visionary Entrepreneurs Will Recreate The World



WASHINGTON - MARCH 13: Warren Buffett, chairma...Image by Getty Images via Daylife



That Plateau Feeling

Unless the political leadership gets the fundamentals right, there is not too much room for the entrepreneurs to play. Warren Buffett has said he could not have done what he has done if he were not in America. The soccer field is necessary. The referees matter fundamentally. The paint buckets matter to the artist. But great soccer is played by great soccer players. I compare visionary entrepreneurs to great soccer players.



Visionary entrepreneurs will lead the green tech revolution. Visionary entrepreneurs will create the next generation financial institutions. Visionary entrepreneurs will make it possible for the world to pour a trillion dollars into microfinance. Visionary entrepreneurs will create the next generation jobs, companies and industries so that Brazil, Russia, India, China and others maturing economically is good not bad news for America.

Political leaders have to provide the soccer field. It is good to see them hard at work.

In The News

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[PDF]
The Technology Entrepreneur’s Guidebook
Famous Technology Entrepreneurs
Study: A profile of the U.S. tech entrepreneur | News Blog - CNET News
Wired Campus: New Study Debunks Myth That Most Tech Entrepreneurs ... the median and average age at which U.S.-born entrepreneurs founded their technology and engineering companies was 39

Startup company - Wikipedia, the free encyclopedia

High Tech Startup Valuation Estimator
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Adam's Advice and Reading List for High Tech Startup Entrepeneurs

Entrepreneur.com
Entrepreneurs and Entrepreneurship - Starting and Running Your Own ...
Entrepreneurs and Small Business News and Information







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That Plateau Feeling



(Krugman, December 2007)

The Wall Street Crash of 1929, the beginning o...Image via Wikipedia

There was the original bailout before America even had elections. Then there was the jumbo stimulus package. And then the G20 summit where the world leaders took substantive action. Next thing you know good news started trickling out of Wall Street. It is not exactly time to throw a party yet. There is no boom feeling. But I have a feeling the big crisis that has been blowing hot and cold for the past eight months might have plateaued.

The good news is the steep fall part of the bungee jump might be over. The bad news is there is no telling how long the plateau might last. The worse news is we are not in the upswing phase yet. And you still hear the sound of glass being broken.

The US economy, and the global economy are such big monsters, it is hard for any government to steer them in any direction at any speed. It is kind of like trying to give a 180 degree turn to the Titanic.



For the past decade we have talked of global warming, and we have talked of global terror. But we were not exactly talking global finance. Imagine twice as many hurricanes any given year. Imagine 10 dirty bombs in the 10 big cities of the world on the same day. Those would be the climate and terror versions of what we have been going through in finance.

The pain has been very real, and ultimately it is for the political leadership to steer a course. We have to have a healthy, robust debate all along. We have to be creative, inventive. We have to do the sane thing, the right thing. We have to think long term. We are in this together. This is one world, one planet, one globe.

Onto A Nuclear Weapons Free Planet
A Single Global Currency, A Global New Deal, A Global Economic Council
A Brighter Future Ahead
Old White Men Need To Chew Gum
Needed: A New Global Financial Architecture
The State Of The Union Will Be Strong
Mideast: Permanent Peace Is Possible
Stimulus: Make It A Trillion
Stimulus: Size Matters
Global Finance, Global Terrorism, Global Warming



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