Invisible Capital: How Unseen Forces Shape Entrepreneurial OpportunityNearly seven in ten Americans believe the American dream will be harder for their children to achieve than for themselves. Yet the myths around rugged individualism, meritocracy, and rags-to-riches upward mobility stubbornly persist. As “pro-entrepreneurship” as the United States seems, most Americans aren't very knowledgeable about how business really works. Millions of newly minted business owners don't know the importance—or even existence—of invisible capital. Invisible capital is a complex set of factors—our skills, knowledge, networks, resources, and experiences—that can mean the difference between success and failure. Chris Rabb details how people can identify, grow, and leverage their invisible capital and explains why starting a business with deep community roots increases the chance of success. Understanding invisible capital will enable more Americans to be better prepared to pursue entrepreneurship and level the playing field—because hard work, a great idea, and a good attitude simply aren't enough. |
Contents
Introduction | 1 |
1 Dreaming a Difficult Dream | 21 |
2 The Landscape of Modern American Enterprise | 37 |
3 Invisible Capital Exposed | 51 |
4 Democratizing Entrepreneurial Opportunity | 83 |
5 Reframing Entrepreneurial Success and Failure | 115 |
6 Toward Commonwealth Entrepreneurship | 133 |
Other editions - View all
Invisible Capital: How Unseen Forces Shape Entrepreneurial Opportunity ... Chris Rabb Limited preview - 2011 |
Invisible Capital: How Unseen Forces Shape Entrepreneurial Opportunity Chris Rabb Limited preview - 2010 |
Invisible Capital: How Unseen Forces Shape Entrepreneurial Opportunity Chris Rabb No preview available - 2010 |
Common terms and phrases
achieve acquired advantage African Americans American Dream angel investors ascribed characteristics assets average believe benefit better Black build business incubator business owners commonwealth entrepreneurship corporations create cultural capital defined Donald Donald Trump economic Employer-Firms enterprises entrepre entrepreneurial opportunity entrepreneurial success Entrepreneurial-Industrial Complex entrepreneurs experience fact factors federal gender groups grow highly homophily Horatio Alger immigrants impact incubators individuals industry innovation investment invisible capital Kauffman Firm Survey kind Latinos leverage look million nascent entrepreneurs Nassim Nicholas Taleb nation ness neurial neurs neurship NFIB one’s operating paid employees percent playing field professional profit programs prosperity race revenues sector self-employed skills small business social capital social networks society stakeholders start-up starting succeed sustainable things tion triple bottom line Trump U.S. Census Bureau U.S. firms understand ventures wealth White workers