Saturday, February 15, 2014

Popularity of Sports

Looking at the use of the frequency of the name of the sport in all the books and other printed word Google has on line, here are the most popular sports, at least the ones that get written about the most: Start, grow, flourish!: How we can help you make a Good Living. Start, grow, flourish!: How we can help you make a Good Living.: A personal message to you from founder John Wren. Help for you to make a Good Living! What's a Good Living? Work that delights your ...

Thursday, February 13, 2014

Is SBA-inspired "help" killing new business formation?

Kauffman Foundation Report-- Sharp Decline in Dynamism (click here for full report)

Kauffman has been pushing the Small Business Administration approach to startup, careful market research and strategic planning. Are they getting ready to admit defeat? From the conclusion of this report they just released:

In the post-2000 period, the high-tech sector is experiencing a process of economic activity consolidation, away from young firms and into more mature firms. The high-tech sector looked different than the rest of the private economy did during the 1990s, when the share of young firms was declining in the overall economy but rising in high-tech. In the early 2000s, entrepreneurial activity in the high-tech sector began declining sharply during what is well-known as the dot-com bust.

Less well known is that the share of young firms in the high-tech sector has exhibited a more pronounced secular decline in the post-2002 period than in the rest of the economy. Consistent with that pattern, we have found that the pace of business dynamism, as measured by the pace of job reallocation, has declined in the high-tech sector in the post-2002 period at a pace that exceeds that of the overall economy.

Empirical evidence suggests a link between business dynamism, innovation, and productivity growth. In this regard, the findings here point to the possibility of a slowdown in productivity and economic growth in the high-tech sector in the last decade. The slowdown we find for the high-tech sector might be an even larger source of concern than that for the overall economy, since young high-tech firms may be more important for innovation and new job creation than their non-high-tech counterparts are.

Wednesday, February 12, 2014

Groups disappearing? No. At least not talk about groups.

Are groups like startup businesses, the more we talk about them, the fewer good ones there really are? If groups are one of the primary sources of social capital, the glue that holds us together as a society, what would Robert Putnam make of this?

2-minutes on "Be kind-- Three ways." James Martin

Let's not wait, we can be kind right now.

 Best way to get a new group off to a good start:

Live interview with Edmund Phelps, Mass Flourishing

Today (Wed, Feb 12) at 9:30 a.m. Mountain you can watch my live interview with Nobel economist Edmund Phelps, talking with us again about his new book Mass Flourishing, which some have said is the most important book ever written about economics since the founding of this country.

After the live broadcast this will convert to a link to the recording, which you can also find on our Google+ Page and YouTube Station for your Small Business Chamber of Commerce, Inc.

If you'd be willing to be a guest on The Startup Show to share your experience, call me at (303)861-1447 and leave a complete message about what you have started, I'll get back with you ASAP.

Here's today's show with Dr. Phelps:

What has caused our econmic crisis?

Edmund Phelps, awarded the Nobel Prize in Economics in 2006, observes in his new book Mass Flourishing, that the prosperity that had come from our new economy starting in about 1840 came to a rapid in in the early 1970s.

There was a loss of the vitalism and dynamism that had driven that prosperity. What caused the loss?  This nGram analysis, the frequency of words used as determined by a review of Google Books, sheds some light:

Monday, February 10, 2014

Happy 90th birthday Pop. Start!: John Edgar Wren, Junior
February 10, 1924 to Novem...
: John Edgar Wren, Junior February 10, 1924 to November 15, 1979 When pop was only 8 years old his dad died. In just about the last conve...

PERMA to Flourish

Great 10 minute overview of Martin Seligman's book: