Issue 176 - 02 | The Resurrection of the American DreamBy Craig Hall, with Linden Gross
Published May 15, 2019 12:00 p.m.
My initial disbelief evolved into curiosity. I decided to further investigate Mark’s claims. The statistics and research were clear—over the course of the last several decades, the number of new startups in the U.S. has been on a steady decline. In fact, from 2008 to 2011, more U.S. businesses died annually than new ones were started for the first time in recorded history. Add to this that according to the Economic Innovation Group, only twenty counties—out of 3,149—generated half of the net new businesses between 2010 and 2014. Additionally, 75 percent of venture capital in the U.S. goes to only three areas—Silicon Valley, New York, and Boston. This has left much of the United States a wasteland in terms of entrepreneurial activity.
And the punches keep on coming.”
About Craig Hall, with Linden Gross |
Craig Hall is an entrepreneur, civic leader, New York Times
bestselling author and philanthropist. He formed HALL Group
in 1968 in Ann Arbor, Michigan and today the company controls
billions of dollars in assets and is made up of several subsidiary
brands, with interests ranging from real estate development,
ownership and management to financial lending and HALL
Wines and other winery operations. Hall actively supports entrepreneurs
and start-ups and, together with his wife Ambassador
Kathryn Hall, funded the Fulbright Kathryn and Craig Hall
Distinguished Chair for Entrepreneurship in Eastern Europe.
Hall also founded the Dallas Regional Office of NFTE (Network
for Teaching Entrepreneurship). He has received a number of
awards and honors, including being named a lifetime member
of the Horatio Alger Association for Distinguished Americans
Linden Gross is a bestselling writer & editor, a book consultant, and a writing coach & blog coach.