THERE IS AN ALARMING DECADE-LONG DECLINE OF NEW BUSINESS STARTUPS FACING THE UNITED STATES TODAY.
BOOM exposes the reasons behind this downward spiral and outlines strategies to solve the problem.
For decades, the United States has been experiencing a shocking decline in the number of new business startups…and it has got worse since the Great Recession. While new business formation in Silicon Valley, New York, and Boston is booming, entrepreneurship in most of the country—particularly rural regions—is declining. Things are even worse for women and people of color. This is of paramount importance to the United States because startups account for all new net job growth, champion innovation and strengthen our middle class.
From the perspective of an entrepreneur with more than fifty years of experience in diverse industries—from software, to real estate, to winemaking—author Craig Hall provides his expert evaluation on the challenges facing entrepreneurs today. After careful analysis defining the current environment for startups, Hall optimistically concludes with specific strategies for go-getters to successfully bridge the opportunity gap. We can, and must, reverse these trends in order to level the playing field for entrepreneurs to safeguard the future of the American Dream.
Craig Hall has committed to donate all royalties from the sale of BOOM to the Bridge the Gap program, through which the Craig and Kathryn Hall Foundation supports innovative programs that serve and fund entrepreneurs who have been underserved by tradiitonal capital markets, particulary women, people of color, veterans, or rural residents.