Episode Summary
Seth Levine reading from Carlota Perez’s Technological Revolutions and Financial Capital, and discussing the role of capital in the economy.
I’m an accidental entrepreneur. I started Box of Crayons about twenty years ago because I had just been fired from the job I had, and I was slowly coming to realise that I was largely unemployable – not because I didn’t have some skills, but because I wasn’t good with bosses and hierarchy. I’m also a barely-adequate entrepreneur. Both companies I’ve started have had some success, and just keeping a company going for twenty years is commendable. But I’m not going to be making an appearance on Shark Tank or Dragon’s Den anytime soon. The truth of it is that I don’t think I’m an entrepreneur at all. It’s too loaded and fancy a word, and sort of implies that I’m trying to create a billion dollar business. Maybe I’m just confused – what is an entrepreneur, anyway?
Seth Levine is a Silicon Valley venture capitalist, right at the heart of being and thinking about entrepreneurship. I think you’ll find Seth to be a little different from your typical Silicon Valley tech guru.
Seth reads two pages from ‘Technological Revolutions and Financial Capital’ by Carlota Perez. [reading begins at 16:08]
Hear us discuss:
- “There are lots of people who have great business ideas, but don’t have the capital to start their businesses.” [25:00]
- What makes a new founder? [26:00]
- Finding the balance between purpose and profit. [28:52]
- Misconceptions of entrepreneurship. [33:31]
- Being a good ally: “A lot of people in power don’t think about their ability to affect other people by extending their network.” [36:33]
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Resources:
Seth Levine | Website | The New Builders
Seth Levine’s book | The New Builders: Face to Face With the True Future of Business
Carlota Perez | Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages
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