Entrepreneurs Must Save America

That’s the title of an excellent interview at the Gallup Management Journal with Jim Clifton on his book The Coming Jobs War.

Here are a few excerpts that are especially worth noting:

The U.S. has no shortage of great ideas and innovations. What the country needs now are highly motivated entrepreneurs who can turn those ideas into great businesses, says Gallup’s chairman. [But]by concentrating on innovators and neglecting entrepreneurs, we may be making it harder to create the jobs the world wants and needs.

…The country that invents the future wins the jobs war, and inventing the future is what great entrepreneurs do.

…Businesses like the one Steve Jobs created and businesses like Intel and Microsoft and Amazon and Groupon and Facebook and eBay — nobody else sees that stuff coming. Nobody else says, “Hey, we need a site where we can post pictures from the weekend. We need a site that’s basically a 24/7 garage sale.” That wouldn’t have market tested well. But look at Facebook and eBay — they’re multibillion-dollar companies that created jobs for thousands of people.

We’ve got to accelerate that. To imagine that we’ll compete with China and those manufacturing jobs will come back is hallucination — or at best, wishful thinking.

…Engagement is a precondition for the state of mind that creates entrepreneurs. Miserable workgroups chase customers away. Miserable workforces don’t create any economic energy, so those companies are always cutting jobs. America will not come back and win the world unless we have the most spirited workforce. Spirited workforces create new customers. New customers create new jobs.

  • Alex Watt

    Thanks for returning to the blogosphere! Always enjoy your posts.