7 Financial Lessons for Founders

The United States is in the midst of a surge of small business formation. In 2022, about 1.7 million people filed to start new businesses, according to the Economic Innovation Group’s analysis of U.S. Census Bureau. That’s up more than 28% over pre-pandemic levels in 2019. Including businesses not likely to employ others, the number…

Welcome to New Builders Dispatch!

We report on and advocate for the founders and innovators making a difference in their communities. We focus on telling the stories of underrepresented founders, through the written word and through events. And we’re broadening to cover the innovative companies and people in the up-and-coming smaller cities in the middle of the United States. If you become a regular reader, you’ll get a rare window onto this under-reported part of the country. New Builders Dispatch is the rebranded Times of Entrepreneurship, a four-year-old publication I founded on February 12, 2020.  It’s also a reference to the book I published in…

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Trailblazer: How Cotopaxi’s Founder Built a Cult Following and a $160M Salt Lake City-Based Company

Davis Smith, CEO of Cotopaxi, a sustainably sourced outdoor gear and clothing company based in Salt Lake City, Utah, exemplifies how entrepreneurship can make a difference in people’s lives. Nine years ago, he founded Cotopaxi as a certified benefit corporation with the goal of helping underserved communities worldwide. Since its launch, Cotopaxi—known for its colorful…