For decades, the United States has been experiencing a worrisome decline in the number of new business startups, a trend that has accelerated since 2007 following the Great Recession. While new business formation is booming in Silicon Valley, New York, and Boston, entrepreneurship across most of the country—particularly in rural regions—continues to decline. Things are even worse for women and people of color. This is of paramount importance to the United States because startups champion innovation, account for a meaningful share of new net job growth and strengthen our middle class.
Business leader and entrepreneurship expert Craig Hall’s BOOM: Bridging the Opportunity Gap to Reignite Startups exposes the reasons behind the downward spiral in entrepreneurship, and outlines strategies to solve the problem. After careful analysis defining the current environment for startups, Hall concludes with specific strategies for go-getters to successfully bridge the opportunity gap. He argues forcefully that we can, and must, close this gap and level the entrepreneurial playing field to safeguard the future of the American Dream.
All proceeds from the sale of BOOM will go the Bridge the Gap program, through which the Craig and Kathryn Hall Foundation supports innovative programs that serve and fund entrepreneurs who are women, people of color, veterans, or rural residents. The book is available from Post Hill Press on May 14th, 2019. To learn more about the book, please visit Craig Hall’s website.