Week 4: KC
Like the constant snow (I don't think I have seen the grass yet in Kansas City!) the quality of speakers has stayed at its incredibly high level with talks from David Aldridge, Bob Litan of Kauffman and Catherine Mann. As well as this we went on a visit to an established local entrepreneur: Danny O'Neil the Founder of the Roasterie a Kansas coffee supplier.
Bob Litan is one of the smartest people I have ever met (and this is after meeting the MIT and HBS lecturers) his background in Economics. Here is a quote from his biography on the Kauffman website:
"Litan has had a distinguished career in public service. He served on the staff of the Council of Economic Advisers (1977-79), as Deputy Assistant Attorney General in the Antitrust Division of the Justice Department (1993-95), and Associate Director of the Office and Management and Budget (1995-96). He also has been a consultant to the Treasury Department on financial policy issues."
And what he had to say to us in the 1 hour informal chat he had with our group was fascinating. Bob wrote an essay on what was required of the US to sustain and develop its Entrepreneurial economy in the future: effectively what were the primary concerns of an entrepreneur.
After a first draft of this essay he gave a talk on his findings to a audience of entrepreneurs and found that their thoughts on the issue compared to his and the governments were different.
"What would you expect an entrepreneurs primary concern is?.. Tax right?.. well it isn't, its the workforce"
After discussing this with these entrepreneurs and other he rewrote the essay and came to the following 4 concerns for a future entrepreneurial economy to be sustained and show growth:
So why isnt the UK more entrepreneurial?
Bob Litan is one of the smartest people I have ever met (and this is after meeting the MIT and HBS lecturers) his background in Economics. Here is a quote from his biography on the Kauffman website:
"Litan has had a distinguished career in public service. He served on the staff of the Council of Economic Advisers (1977-79), as Deputy Assistant Attorney General in the Antitrust Division of the Justice Department (1993-95), and Associate Director of the Office and Management and Budget (1995-96). He also has been a consultant to the Treasury Department on financial policy issues."
And what he had to say to us in the 1 hour informal chat he had with our group was fascinating. Bob wrote an essay on what was required of the US to sustain and develop its Entrepreneurial economy in the future: effectively what were the primary concerns of an entrepreneur.
After a first draft of this essay he gave a talk on his findings to a audience of entrepreneurs and found that their thoughts on the issue compared to his and the governments were different.
"What would you expect an entrepreneurs primary concern is?.. Tax right?.. well it isn't, its the workforce"
After discussing this with these entrepreneurs and other he rewrote the essay and came to the following 4 concerns for a future entrepreneurial economy to be sustained and show growth:
- Ensuring a skilled workforce
- Reforming health care
- Promoting Innovation
- Limiting overly burdensome regulation and liability litigation
So why isnt the UK more entrepreneurial?
Labels: kansas city, Kauffman


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