Times of Entrepreneurship Stories
The Big Risks In Aging Email Programs
Email has gotten more secure. But most cyberattacks still come through email, putting small businesses at risk. They have little recourse except to rely on big tech companies to improve their products.
How To Recruit A Superstar Tech Cofounder
An immigrant entrepreneur working on a new kind of board game found a creative way to appeal to a hard-tech “superstar” and creator of Xbox.
A Great Financial Backbone for a Social Enterprise
A B Corp in central California finds an investment structure that makes investors happy but keeps the pressure off founders.
What You May Have Missed
A Company Called Baru Reached $1 Million In Revenues By Figuring Out A New Way to Make Furniture, Locally
Nina Roberts reports on a company called Baru that has found a way to lower costs of manufacturing furniture in the United States, by using machines that were otherwise sitting idle in local workshops across the country.
The Son Of A Single Mom, He Rose From Poverty To Lead One Of The World’s Largest Foundations
$350B In New Chip Manufacturing Factories, And Four More Trends For 2023
News With A Future Spin
Forecasting the impact of school closures. Those who protested pandemic school closures — who were often ignored, especially by left-wing leaders — were probably right. The Squared Away blog reports that the decline in math scores between 2019 and 2022 is expected to reduce the lifetime earnings for the average student by nearly 2 percent, or $19,400 in today’s dollars. Read the story here.
A Simple Fix To The Labor Department’s Worker Classification Rule. Are people who work for gig economy companies entrepreneurs or employees? The binary thinking is doing a lot of damage, says Gene Marks. Read more here.
Why are Saudi farmers pumping Arizona groundwater? From High Country News. Arizona’s groundwater – which is also in demand for new chip factories – seems to be going everywhere but to Arizonans. Read more here.
Living the dream
Women leaders and entrepreneurs need sponsors, who will spend social capital to help people advance, versus mentors. In an HBR piece, Herminia Ibarra and Rachel Simmons say sponsors talk to other sponsors about the most effective strategies. They also provide a sense of psychological safety, giving only the barest hints of advice. Here are the other ideas about how to be a good sponsor.
Upcoming Opportunities ⭐
To list an opportunity in our newsletter that reaches 13,000 influencers and entrepreneurs, email firstname.lastname@example.org. We charge $200 per listing.
Pittsburgh-based Innovation Works is launching the Robotics Factory to create, accelerate and scale startups and manufacturers. The Robotics Factory’s program lasts seven-months and is designed for pre- and early- stage startups. Companies will locate in the Pittsburgh facility and will receive an investment of $100,000, mentorship and resources. Entrepreneurs developing robotic and related technologies are encouraged to apply when the application cycle opens Feb 1, 2023.
Techstars, in a partnership with JP Morgan, opened a three-month Washington DC accelerator with the aim of helping advance equitable entrepreneurship.
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This story and others on New Builders Dispatch are made possible by a sponsorship from the Ewing Marion Kauffman Foundation. The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that provides access to opportunities that help people achieve financial stability, upward mobility, and economic prosperity – regardless of race, gender, or geography. The Kansas City, Mo.-based foundation uses its grantmaking, research, programs, and initiatives to support the start and growth of new businesses, a more prepared workforce, and stronger communities. For more information, visit www.kauffman.org and connect with www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn.