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 […]
The New Builders
Posted inUncategorized
Why Today’s Small Businesses Can’t Get Bank Loans
Fifty-three years ago, Booker T. Wilkins, a barber in Old Town Alexandria, was turned down twice for a loan at a community bank because he didn’t have collateral. He went back a final time. He told the banker: The loan wouldn’t be for as long as he was in business. “As long as I am living, […]
Posted inPersonal Finance
The Surprising Way Uber and Lyft Spur Entrepreneurs
Ride-sharing apps and other easily-accessible gig economy platforms could boost entrepreneurship, according to new research from entrepreneurship researchers at Rice University, Washington University and Boston College. The researchers studied the effects on entrepreneurship by looking at ride-hailing platforms in major U.S. cities and new business registrations available in the Startup Cartography Project. They also studied […]
Posted inMentorship
The Myth of the White Male Tech Founder
Excerpted and edited from The New Builders, written by Times of E founder Elizabeth MacBride and venture capitalist Seth Levine, the authors look at the landscape of entrepreneurship across America. The New Builders was published May 4, 2021 by Wiley. Danaris Mazara and her husband, Andres, arrived in Lawrence, Massachusetts, in 2002, from Puerto Rico. Born in the […]
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Editor’s Note: The New Builders In Harvard Business Review
One of the strangest things about the work on small business and entrepreneurship I’ve been doing in the United States for the past few years is that people in the wealthy classes and the tech world don’t believe it. As government policies and business culture have shifted to favor large businesses, the number of firms […]
Posted inUncategorized
Editor’s Note: The New Builders, Coming May 4
My co-author Seth Levine and I had an exciting weekend. Journalist Michel Martin interviewed us on NPR’s All Things Considered about our book, The New Builders: Face To Face With The True Future Of Business, coming out May 4th. Here’s the segment, where we advocate for a new movement of support for small businesses, including real financial […]
