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Craig Hall, the writer of Boom: Bridging the Opportunity Gap to Reignite Startups, shares his view on the current state of entrepreneurship in the U.S.
What prompted you to write Boom?
In 2011, I heard a speech by Mark Zandi [chief economist of Moody’s Analytics] revealing that entrepreneurship in the U.S. was in trouble. I couldn’t believe it at first, but after beginning my own research, I became very concerned. We start half as many new businesses in this country today as we did 30 years ago. I began comparing my personal experience as an entrepreneur starting my business 50 years ago to the entrepreneurial ecosystem today.
Unfortunately, we have created a widening opportunity gap for most Americans to become entrepreneurs. I hope that Boom can shed light on this problem and a direction for possible solutions.
Who is the audience for this book?
My hope is that this book will appeal to a broad audience that includes entrepreneurs, policymakers, the business community and all citizens who are passionate about preserving the American dream of starting your own business for future generations.
How has the American dream changed over time?
When I started my business in the late 1960s, there was a fairly anti-capitalist and anti-business attitude throughout the U.S. My generation was protesting the war in Vietnam and criticizing mismanaged government programs and institutions, yet at the same it never occurred to me that, at 18, I couldn’t start a business of my own. That was one of my rights as an American citizen. Indeed, wh… Read More
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