Start-Ups, Not Bailouts

This op-ed says it all. http://www.nytimes.com/2010/04/04/opinion/04friedman.html

I am not usually a huge Tom Friedman fan (although I like him), mainly because I find that while he is an amazing communicator, I am not usually spurred to action. This time I am. The data here is well known to me because I follow the Kaufmann Foundation, but the bigger question for this group is, “what can we do to get the Obama administration to care?”
The bottom line is that outside of R&D, helping entrepreneurs is tough. It requires focusing on the Presidential Climate Action Project: http://www.climateactionproject.com/ and removing other barriers that are not too sexy but pave the way for risk taking.
I like the climate bill in Washington, but I like removing common sense barriers better. By removing these barriers we can help entrepreneurs take the step to start a Climate Change Solutions business.
Jigar Shah
CEO, Carbon War Room
www.creatingclimatewealth.com
1 reply
  1. Alex
    Alex says:

    Jigar, I liked that Friedman column as well. But I'm also skeptical about what kinds of risks will be taken and are expected to be taken by entrepreneurs working in clean energy and carbon reduction. Specifically, I was struck by the January piece by Malcolm Gladwell about entrepreneurs being averse to risk (New Yorker, 1//18/2010, "The Sure Thing"). Quoting from the abstract:"In a recent study 'From Predators to Icons,' the French scholars Michel Villette and Chatherine Vuillermot set out to uncover what successful entrepreneurs have in common. They present case histories of businessmen who built their own empires—ranging from Sam Walton of Wal-Mart, to Bernard Arnault, of the luxury-goods conglomerate L.V.M.H.—and chart what they consider the typical course of a successful entrepreneur’s career. The truly successful businessman, in Villette and Vuillermot’s telling, is anything but a risk-taker.Good luck with the new venture (it's a long way from Farrell Farms Road in Norwich VT!), and thanks for sharing your thoughts here. Alex

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