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Startup Communities: Building an Entrepreneurial Ecosystem in Your City Hardcover – Oct 9 2012

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Product Details

  • Hardcover: 224 pages
  • Publisher: Wiley (Oct. 9 2012)
  • Language: English
  • ISBN-10: 1118441540
  • ISBN-13: 978-1118441541
  • Product Dimensions: 23.5 x 16.1 x 2.3 cm
  • Shipping Weight: 408 g
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Bestsellers Rank: #61,644 in Books (See Top 100 in Books)
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Format: Hardcover Verified Purchase
Anyone who wants to see there town or city become a Startup Community should order this book and few dozen more to share. After reading my first copy I ordered 20 to give to like minded people and a week later I am back to order 20 more. It's an easy read with plenty of stories outlining how some of Boulder's most effective startup building initiatives came to be.

My job is to support and grow the tech sector in Victoria, BC. We have an amazing tech and startup community but Brad has outlined some great methods and models to help us continue to grow. Brad proves with this book that if you want to build a startup community you can learn more from places like Boulder, Austin and Portland than the historical giants like the Silicon Valley. Tight knit communities that work together and give before they get are the hot beds of startups.
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Format: Hardcover
Great content if you are looking to build your entrepreneurial ecosystem. Tips and case studies backing up your efforts. No need to reinvent the wheel, read this book and you will have just what you need to be able to adapt it to your own city's reality.
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Most Helpful Customer Reviews on (beta) 124 reviews
16 of 19 people found the following review helpful
A book to fuel a startup revolution by a true expert Sept. 20 2012
By Kevin Friedman - Published on
Format: Kindle Edition Verified Purchase
It's hard to imagine an expert more qualified that Brad Feld to write a book on this topic. Not only is he an extremely accomplished entrepreneur and venture capitalist but he has also spent years supporting and building startup communities around the world.

With the increasing popularity of entrepreneurship, Brad's book provides a critical framework to build a thriving and healthy entrepreneurial ecosystem in any city in the world. At the center of this book is his "Boulder Thesis" which lays out the four key components of a framework for this ecosystem:

1. Entrepreneurs must lead the startup community.
2. The leaders must have a long-term commitment.
3. The startup community must be inclusive of anyone who wants to participate in it.
4. The startup community must have continual activities that engage the entire entrepreneurial stack

Each of these components is explained clearly with helpful examples. Personally, some of the highlights of the book was his section on "Mentors" which explains the key behaviors of a mentor, the "Attributes of Leadership in a Startup Community", and the chapter on "The Power of the Community" where Brad reminds us to "Give Before You Get" (awesome!) and to "Embrace Weirdness" --- any author that reminds us to "embrace weirdness" is okay in my book!

In short, I think this is very helpful and practical book for entrepreneurs, government officials, university leaders, and other entrepreneurial-related fields. As a founder of a startup, I highly recommend it and believe this book can provide fuel for a startup revolution... especially when explored in community.
18 of 22 people found the following review helpful
A good book, written from the investor point of view Nov. 9 2012
By J. Milanette - Published on
Format: Hardcover Verified Purchase
It's a good book, but Mr. Feld exhibits the same confusion many other venture investors have concerning incubators and accelerators. There are two things that I find especially troubling:

1. Incubators and accelerators are not the same thing. Incubators often work with companies for years, not weeks like the modern day version of accelerators, and their clients have survival rates that far exceed the norm (on average surviving 85% of the time). Incubators often have acceleration programs, but they're for companies that have revenues, that have a management team, and that would like to jump (i.e., "accelerate") to the next level with the help of the competent and experienced advisers who work in incubator management teams. The current use of the term "accelerator" has been appropriated by people who needed a convenient term for their venture investment selection process. For a few thousands of dollars and 90-120 days of mentoring, venture investors see if a business idea (almost always in the software/mobile app/game domains) has the ability to scale. It's not about entrepreneurship, it's not about employment creation, it's not about any of the things incubators do to help their community grow. It's about having a very efficient way to grow a portfolio at the least cost. As an investment strategy, it's brilliant. Is it incubation? I don't think so.

2. Regional clusters are important, as Mr. Feld opines. But the conclusion that they can only be led by local entrepreneurs is, to say the least, a bit over the top. By its nature, the ecosystem has to be inclusive, and the leadership shared. Successful ecosystems - clusters - can be led by anyone who has a vision and ability to articulate what could be accomplished for the region, what it should look like, and how to get there. Many of the service providers, community leaders, and other supporters of cluster development will be there long after the entrepreneurs' companies have been acquired and they've moved on. It's unfair to assume the ecosystem can only be led by the entrepreneurs. That type of clustering requires a lot of participants, from a lot disciplines, and takes time to show results. Many entrepreneurs, driven by a need to create something innovative, have neither the patience nor the time to devote to that kind of development.

Overall it's a good effort. I enjoyed reading about his personal journey, and think there are lots of good insights for both investors and entrepreneurs therein.
10 of 13 people found the following review helpful
Awesome blueprint for improving your startup community Sept. 20 2012
By David Cohen - Published on
Format: Kindle Edition
Having personally witnessed much of the growth of the Boulder startup community, I think Brad has done a wonderful job of capturing the essence of what makes it tick. But Brad has also done the hard work of getting out into the world and studying so many communities. He synthesizes this into what is effectively a blueprint for creating more interesting startups, attracting more capital, and ultimately having more meaningful companies in your city.
2 of 2 people found the following review helpful
Extraordinary Framework for Building an Startup Ecosystem in your Community May 11 2013
By scottbalster - Published on
Format: Hardcover Verified Purchase
I found Brad's book as an extraordinary framework and tool in which to work from in building a startup community. He even took the time to meet with some entrepreneurs from our community to help and discuss the book in detail. Below is the excerpt on what we learned:

"We had the fantastic opportunity to meet with Brad Feld last Friday in Boulder. The agenda was focused on startup communities and more specifically how we could apply the concepts in his book to the Loveland/Fort Collins ecosystem.

Ben West, Marshall Smith, and I made the drive over to Boulder and had an opportunity to sit down and have breakfast with Brad and ask him some questions. My takeaways are below:

On Meetups

Brad spoke about the success of the various organic meetups that occur in Boulder. He talked about the beginning of the Boulder Open Coffee Meet Up at Atlas Purveyors. A key point he made is to be consistent about having the meetings every month. He said it is easy to get discouraged when there are only a small group of people starting out at first.

He advised that the focus should be on the quality of the meetup and the value that each participant is getting from the event. Furthermore, to grow the meet up he said to have each participant invite one friend each month. Without consistency of meetups, then this aspect of the ecosystem will never grow and thrive.

Our Action Items:

1. Ben West is likely going to lead a monthly Javascript Meetup and get assistance from Marshall. The plan would be to hold the meetings at DazBog, The Coffee Tree, and possibly at The Armory in Loveland.

2. I plan to lead through my work with EmployTown a "Skills Bootcamp" once a month to hold discussions on the key skills that job seekers and top performers need to have.

3. Hold "Office Hours" at either DazBog, The Coffee Tree, or The Armory in Loveland once a month to help local job seekers, employees, or managers with specific questions that they may have.

4. Partner with local business leaders to offer a "Open Forum" for questions and answers on a variety of interesting topics that are happening locally.

On Finding Space For The Startup Community

We were concerned about finding the space to hold meetups and other informal events. Brad said this is actually easy. He said to begin hanging out at local coffee shops. As more entrepreneurs and people begin hanging out, the coffee shops will get the benefit of increased business with community members buying food and coffee. As the meet ups increase in size, a smart coffee shop will gladly welcome the trickle down in business to them. For larger events, he said adopt local businesses products as the preferred products of the startup community and they will have to notice. He mentioned his adage--"Give before you get".

Our Action Items

1. Otterbox will be the official technology case for the Fort Collins/Loveland Startup Community.

2. Grimm Brothers and New Belgium Beer will be the beer of choice and served at events in the Fort Collins/Loveland Startup Community.

3. We will continue this same pattern for other businesses in the startup community as needed and applicable.

On Relationships with Other Entrepreneurs/Members of the Startup Community

Brad laid out numerous case studies as reasons to avoid transactional relationships. He advised to give your time, money (when you can), and effort without any kind of expectations. Conversely, if you can't do something the other community members should hold no grudge against that person. That way there is not a culture of indebtedness. ultimately, this will lead to the strengthening of the community and the entrepreneurial fabric in the community.

Additionally, he differentiated neighborhoods and cities. He encouraged us to understand this difference. I was re-assured by this since many of the creative people that we currently know work and live near the Downtown Loveland district.

Our Action Items

1. Marshall, Ben, and I are currently helping each other with our various projects. Marshall and Ben are already introducing me to their contacts. We will continue to build on this to build our network of entrepreneurs and others that want to be leaders/participants in the startup community in Fort Collins/Loveland.

2. Support over community members to give them the best chance at success. Over the long term, more startups and businesses will have success and that will bring in more customers, more employees, and grow the startup community and the entire ecosystem will reap the benefits of this. Eventually, there will be anchor startups that can be pillars to host events and provide further guidance to the rest of the startup community.

3. Work harder than ever at supporting other startups in the community as much as our own.

These are some of my initial thoughts. I hope to expand in a few weeks on other ideas that I have. Of course, I welcome feedback and suggestions from the Fort Collins/Loveland community and from other communities regarding what has worked and what has stalled.

Finally, we would like to extend a huge thank you for Brad Feld for taking time to talk to us and being so gracious in sharing his knowledge and insight in order to help propel us and our startup community."
1 of 1 people found the following review helpful
Incredible insight, inspiring for entrepreneurial leaders! Jan. 5 2014
By Jake Joraanstad - Published on
Format: Hardcover
Brad, this book was incredible. Our work in Fargo is focused around your points made in this book, and as you'll hopefully come and see soon, it's working!

GREAT read.

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