Saturday, June 26, 2021

June 26, 2021 - As the search for survivors from the deadly tragedy continues, a critical question looms: What caused the building to fall?

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TradeBriefs Editorial

From the Editor's Desk

What's So Special About Founders?

Americans have an obsession with business founders and what sets them apart. Is it vision, drive, or insight that helps them turn industries upside down and conjure billions of dollars? Is it how they run meetings or make decisions? Is it because they eat vegan, take cold showers, and meditate? Founders occupy a cultural space that combines celebrity, guru, futurist eccentric, and occasionally comic book villain.

And why not? Jeff Bezos changed both how we shop and how the internet operates. Elon Musk can cause a meme currency to skyrocket with a single tweet. Mark Zuckerberg can sway public discourse and elections. Bezos and Musk are in a literal space race! If you could figure out just what differentiates them from the rest of us, you could become - or at least invest in - the next superstar founder.

For exactly that reason, myths about founders are powerful. They act as a filter for who gets the capital to start companies and a model for those trying to replicate phenomenal success. But although many investors have honed the art of the judgment call, it turns out that popular notions of what a promising entrepreneur looks and acts like are often wrong. Those notions can have major consequences.

Continued here


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