Entrepreneurship is a cultural phenomenon. We live in a capitalistic society that encourages and rewards those who come up with new ideas, and have the gumption to follow through on them with hard work. I love our Western entrepreneurship culture, and have been a part of it for more than a decade. But there are some problems with the way it’s continuing to develop:
1. Location envy. When you hear the phrase “tech startup,” what location do you picture? Silicon Valley, right? Silicon Valley has become the go-to destination for entrepreneurs, which has been great for the region, but leaves other areas in the dust. We need to focus on entrepreneurship everywhere—not just at the hot spots.
