Andrew Yang has a problem: There are not enough smart people becoming entrepreneurs.
“I realized there was a profound issue with the flow of talent in the U.S., where we have tons of very smart people heading to professional services — that is finance, consulting, law — and not enough talent heading into the businesses and industries that employ those firms. [They] also are going to end up determining the direction of our economy over the long haul,” says Yang, founder and CEO of Venture for America. The non-profit places top graduates into start-up companies across the country.
Yang, whose book “Smart People Should Build Things,” explains that it’s a missed opportunity for future job creation and entrepreneurship.
“Right now we don’t have enough smart people building things. We’re training our smart people to become facilitators and advisors as opposed to builders,” says Yang.
So what should they be building?
Yang says there’s a misconception that start-ups only need coders and engineers.
“Early stage companies need talented salespeople, customer support, management, operations, marketing, administration. They need talented people at every part of the organization, in a variety of roles,” Yang says.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.