The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

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The Way Forward for Entrepreneurship Around the World

We are in the midst of a startup revolution. The growth and proliferation of innovation-driven startup activity is profound, unprecedented, and global in scope. Today, it is understood that communities of support and knowledge-sharing go along with other resources. The importance of collaboration and a long-term commitment has gained wider acceptance. These principles are adopted in many startup communities throughout the world.

And yet, much more work is needed. Startup activity is highly concentrated in large cities. Governments and other actors such as large corporations and universities are not collaborating with each other nor with entrepreneurs as well as they could. Too often, these actors try to control activity or impose their view from the top-down, rather than supporting an environment that is led from the bottom-up. We continue to see a disconnect between an entrepreneurial mindset and that of many actors who wish to engage with and support entrepreneurship. There are structural reasons for this, but we can overcome many of these obstacles with appropriate focus and sustained practice.

No one tells this story better than Brad Feld and Ian Hathaway. The Startup Community Way: Evolving an Entrepreneurial Ecosystem explores what makes startup communities thrive and how to improve collaboration in these rapidly evolving, complex environments.

The Startup Community Way is an explanatory guide for startup communities. Rooted in the theory of complex systems, this book establishes the systemic properties of entrepreneurial ecosystems and explains why their complex nature leads people to make predictable mistakes. As complex systems, value creation occurs in startup communities primarily through the interaction of the "parts" - the people, organizations, resources, and conditions involved - not the parts themselves. This continual process of bottom-up interactions unfolds naturally, producing value in novel and unexpected ways. Through these complex, emergent processes, the whole becomes greater and substantially different than what the parts alone could produce.

Because of this, participants must take a fundamentally different approach than is common in much of our civic and professional lives. Participants must take a whole-system view, rather than simply trying to optimize their individual part. They must prioritize experimentation and learning over planning and execution. Complex systems are uncertain and unpredictable. They cannot be controlled, only guided and influenced. Each startup community is unique. Replication is enticing but impossible. The race to become "The Next Silicon Valley" is futile - even Silicon Valley couldn''t recreate itself.

This book:

  • Offers practical advice for entrepreneurs, community builders, government officials, and other stakeholders who want to harness the power of entrepreneurship in their city
  • Describes the core components of startup communities and entrepreneurial ecosystems, as well as an explanation of the differences between these two related, but distinct concepts
  • Advances a new framework for effective startup community building based on the theory of complex systems and insights from systems thinking
  • Includes contributions from leading entrepreneurial voices
  • Is a must-have resource for entrepreneurs, venture capitalists, executives, business and community leaders, economic development authorities, policymakers, university officials, and anyone wishing to understand how startup communities work anywhere in the world

From the Inside Flap

AN ESSENTIAL GUIDE TO CREATING A THRIVING STARTUP COMMUNITY IN YOUR CITY USING THE THEORY OF COMPLEX SYSTEMS

"The Startup Community Way zooms out to look at the big picture even as it provides a close, highly detailed look at each of the actors, factors, and conditions that can combine to create a successful entrepreneurial ecosystem . . . The work of innovation is continuous, and thinking truly long-term is crucial in order to reap its true benefits. What I mean by long-term thinking is an ongoing, honest, and comprehensive consideration of what we want our companies to look like—and our country and our world—for upcoming generations. In order to have the future we strive for, one in which opportunity and assets are fairly distributed, and thoughtful management and care for the planet and all of the people who live on it with us is central, we need to look beyond the right now to the realization of all the promise of the work that''s already been done. This book is a perfect entry point for doing just that."
—From the Foreword by Eric Ries

When entrepreneurs, investors, and visionaries come together in one location to develop companies and support each other, magic happens. From bestselling author and entrepreneur Brad Feld and Ian Hathaway, entrepreneurship expert and startup advisor, The Startup Community Way introduces a new framework for thinking about startup communities and entrepreneurial ecosystems. Using the theory of complex systems, the authors show how you can foster openness, collaboration, and creativity that can''t be controlled or engineered—but that will generate successful entrepreneurs and a vibrant society.

Following up Feld''s bestselling Startup Communities: Building an Entrepreneurial Ecosystem in Your City, this book expounds the principles of innovation through collaboration. You''ll discover how to:

  • Provide and encourage committed, long-term leadership from within the startup community, bucking outdated top-down trends
  • Embrace unpredictability, dynamism, and diversity to encourage the widest possible participation in the startup community
  • Assess the applicability of various measurement models for your unique startup situation, and recognize the long-term nature of the entrepreneurial ecosystem development
  • Focus on support and collaboration, root out unhelpful behavior, and build an engaged, positive sum mindset into your startup culture

Anyone engaged in the business of innovation will find endless inspiration in The Startup Community Way. Regardless of your role, you''ll find new ways to engage with your startup community while building a long-term, healthy entrepreneurial ecosystem.

From the Back Cover

We are in the midst of a startup revolution. The growth and proliferation of innovation-driven startup activity is profound, unprecedented, and global in scope. Today, it is understood that communities of support and knowledge-sharing go along with other resources. The importance of collaboration and a long-term commitment has gained wider acceptance. These principles are adopted in many startup communities throughout the world.

And yet, much more work is needed. Startup activity is still highly concentrated in large cities. Governments and other actors such as large corporations and universities are not collaborating with each other nor with entrepreneurs as well as they could. Too often, these actors try to control activity or impose their view from the top-down, rather than supporting an environment that is led from the bottom-up. There are structural reasons for this, but we can overcome many of these obstacles with appropriate focus and sustained practice.

No one tells this story better than Brad Feld and Ian Hathaway. The Startup Community Way: Evolving an Entrepreneurial Ecosystem explores what makes startup communities thrive and how to improve collaboration in these rapidly evolving, complex environments.

The Startup Community Way is an explanatory guide for startup communities. Rooted in the theory of complex systems, this book establishes the systemic properties of entrepreneurial ecosystems and explains why their complex nature leads people to make predictable mistakes. As complex systems, value creation occurs in startup communities primarily through the interaction of the parts—the people, organizations, resources, and conditions involved—not the parts themselves. This continual process of bottom-up interactions unfolds autonomously, producing value in novel and unexpected ways. Through these complex, emergent processes, the whole becomes greater and substantially different than what the parts alone could produce.

Although we are living in a booming age for startups, we need to think about the future. When the boom times slow, what will happen to our startup communities, and how will we ensure that entrepreneurial success is still within reach for everyone? This book provides a framework for answering these questions, looking at startup communities as complex systems that—given the right resources and support—can help entrepreneurs succeed and benefit society as a whole.

About the Author

BRAD FELD has been an early-stage investor and entrepreneur for over 30 years. He is currently a partner at Foundry Group and is a co-founder of Techstars. In addition to his investing efforts, Brad runs the Anchor Point Foundation with his wife Amy Batchelor. Brad is a nationally recognized speaker on the topics of venture capital investing and entrepreneurship.

IAN HATHAWAY is an analyst, strategist, and writer. He has been an advisor and executive for leaders in technology, media, and finance on a range of innovation, strategy, and policy initiatives. He is a leading thinker and writer in the areas of entrepreneurship, innovation, cities, and the economy. Ian also advises and invests in startups in the United States and Europe.

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4.8 out of 54.8 out of 5
104 global ratings

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Top reviews from the United States

Jon Mertz
5.0 out of 5 starsVerified Purchase
More than a “how-to” guide, a call to lead and build
Reviewed in the United States on July 28, 2020
Reading The Startup Community Way is motivating and thought-provoking. It contains a mix of tangible action steps, along with bigger ideas on how to build a sustainable entrepreneurial community. Too many think that getting the best entrepreneurs and then copying what... See more
Reading The Startup Community Way is motivating and thought-provoking. It contains a mix of tangible action steps, along with bigger ideas on how to build a sustainable entrepreneurial community. Too many think that getting the best entrepreneurs and then copying what another community has done are best practices. Feld and Hathaway quickly point out that this is not the way to go. Yes, you need entrepreneurs to lead the community, but finding the ones who are willing to dedicate the effort and use their network to help is a solid starting point. These community members – the keystones – exemplify the power of the few.

Within the book, the concepts of complexity, social capital, and networks of trust provide the depth needed to focus on what matters for the long haul. One of the galvanizing thoughts within these concepts is the simplicity of community-ecosystem fit. As entrepreneurs, we work on product-market fit, and we need to take a similar approach to build an active startup community. Trust is a key factor, as is a focus on social capital. Feld and Hathaway provide deeper thoughts and models for community builders to consider and use.

As someone working to build a new social entrepreneur community, I know this book will become worn as we go back to it again and again. Creating a new community can seem daunting, but The Startup Community Way offers encouragement and models to make it a reality over time.
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Nigel B.
5.0 out of 5 starsVerified Purchase
Building stronger ecosystems, through detailed analysis
Reviewed in the United States on July 28, 2020
(How can you review a new release, well getting access to it pre-publication helps - just lucky, not a friend of either author). Brad Feld is one of the most qualified people I know of to write on this subject, from actually walking-the-walking to being... See more
(How can you review a new release, well getting access to it pre-publication helps - just lucky, not a friend of either author).

Brad Feld is one of the most qualified people I know of to write on this subject, from actually walking-the-walking to being passionately involved in many and various ways with entrepreneurs and founders throughout the US and globally he has the perspective and credentials to write this book. I am sure this is true for Ian too, I just have not followed his achievements.

The book is a true analysis, with detailed conclusions but also detailed reference for the reader to look at the data on which the book is built. Indeed this is probably the most cross-referenced book I have read in many years. From chapter notes with links to all kinds of sources (in the Kindle version), to the it''s own detailed, linked index - it''s an analysts dream. Too much, I don''t think so - though much will be lost to the Audible reader (which is how I usually consume books).

This book covers a long history, but is not a simple rework of old material which is updated and added to - it is current perspective on historic observation - if only others were learning from history and re-evaluating as they went!

Who is this book for? It seems everyone in the startup community but especially those trying to actively grow and engage such communities - it''s for ''activist'' founders (which is many of course), not just founders. Not your typical book about startups - don''t bother if you are a wannabe founder looking for more reading to take no action upon.

I''ve enjoyed Brad''s perspectives via his blog for a long time, this book has a very different feel to it - for which I assume we thank Ian. Great research, great context and timely as the global economy tasks another big shift in response to ''new wormal''.
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Christopher M. Schroeder
5.0 out of 5 starsVerified Purchase
The definitive look what startup communities and ecosystems do to thrive in new century
Reviewed in the United States on September 29, 2020
Brad Feld has written a series of must-read books for entrepreneurs and investors — from fund raising to the essence of what a startup community is. He is joined by a great entrepreneur and researcher in related fields for this excellent new effort. They hate when I saY... See more
Brad Feld has written a series of must-read books for entrepreneurs and investors — from fund raising to the essence of what a startup community is. He is joined by a great entrepreneur and researcher in related fields for this excellent new effort. They hate when I saY this, but it is a play book on what are the elements to make communities thrive to unleash innovation and economic growth - what has worked from Indianapolis to Lagos - and where policy makers, entrepreneurs, business leaders and more trip. Often it is because we are trying to check boxes, stuck in our own narratives or lazily looking for the next “Silicon Valley” rather than focusing on what are the unique dynamics of one’s city and community and what factors can come together to unleash them. This a wonderfully readable but actionable book with concrete data and examples which should be a must read for anyone leader in their communities now everywhere in the world.
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Bryan Sykes
5.0 out of 5 starsVerified Purchase
Shaping the future together with this book!
Reviewed in the United States on July 28, 2020
Our world is on the cusp of a transformation. The challenges of the 21st century - from healthcare to environmental to humanitarian - demand new ways of thinking and perceiving in more complex flexible ways. The Startup Community Way is the perfect guide to not only... See more
Our world is on the cusp of a transformation. The challenges of the 21st century - from healthcare to environmental to humanitarian - demand new ways of thinking and perceiving in more complex flexible ways. The Startup Community Way is the perfect guide to not only entrepreneurially enable progress, but the promise and possibilities of the network-centric focus build pathways for creating regenerative value beyond measure. The book synthesises a ''3D'' perspective of - interconnectedness, interaction, and interdependence for maximising the net value of communities of actors, leaders, feeders, and instigators all committed to using the power of entrepreneurial action to transform lives, and shape a better, more sustainable world. We have the opportunity and the technology to shift the trajectory of our future while unleashing the fullness of entrepreneurial spirit. In the Startup Community Way, you''ll learn principles and practises that brings together our collective genius and abilities to tap into this spirit. Such is the ethos of the ''startup community way'' for creating good in the world!
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Melissa DeDomenico-Payne
5.0 out of 5 starsVerified Purchase
Love the Systems Approach!
Reviewed in the United States on July 29, 2020
The Startup Community Way is a well-researched book that examines the systems considerations for start-up communities. So often entrepreneurialism is viewed toward the perspective of the individual. This book highlights the importance of the network and systems in the... See more
The Startup Community Way is a well-researched book that examines the systems considerations for start-up communities. So often entrepreneurialism is viewed toward the perspective of the individual. This book highlights the importance of the network and systems in the success of entrepreneurial ventures and communities. The author provide timely, real-world examples of how this systems approach has led and will lead to success. In addition to examining the types of peoples, activities, and systems involved with start-up communities, the authors spend a good amount of time exploring essential values that must be integrated.
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Dale Dennis David
5.0 out of 5 starsVerified Purchase
It takes a community to build a startup!
Reviewed in the United States on July 29, 2020
The Startup Community Way reminds us of having the #GiveFirst mindset. Building communities is key to create an environment where startup entrepreneurs thrive and succeed. While creating communities may sound simple, the startup community is a complex organism for which... See more
The Startup Community Way reminds us of having the #GiveFirst mindset. Building communities is key to create an environment where startup entrepreneurs thrive and succeed. While creating communities may sound simple, the startup community is a complex organism for which the book is able to break down and explain its complicated nature.

As a founder, I can personally relate to the “actors” in the ecosystem comprising the Leaders, Feeders, and Instigators and how each of them plays very important roles. I likewise see the importance of the seven capitals - Intellectual, Human, Financial, Network, Cultural, Physical, and Institutional and how they relate to one another. This stresses the point that the challenges faced by startups are not limited to investments or financial capital alone.

I’ve had my fair share of people who have helped me along with my startup and entrepreneur journey. Thus, the concept of paying it forward very much resonates with me. What goes around comes around, indeed. Actively, as a mentor in one of the pre-seed accelerator programs here in Manila, Philippines, we constantly aim to help startups grow. Seeing one of our teams win the Seedstars World competition, building their business, getting traction, and raising funds is very much already a reward in itself.

The book is great for any startup community that seeks to improve by enhancing collaboration, support, and knowledge-sharing, all while placing the entrepreneur at the center of things. While it is not a comprehensive manual for how to build a startup community, it provides a general picture of who the players are, the factors to consider, and the dynamics that work between them.
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AmazonPrimeMember
5.0 out of 5 starsVerified Purchase
The seven capitals of a startup community
Reviewed in the United States on July 29, 2020
I recently finished reading "The Startup Community Way" and like most books Brad has co-authored, walked away with some solid insights. Brad and Boulder are synonymous to me with his efforts in that region. And Brad and D Cohen have built a global TechStars community that... See more
I recently finished reading "The Startup Community Way" and like most books Brad has co-authored, walked away with some solid insights. Brad and Boulder are synonymous to me with his efforts in that region. And Brad and D Cohen have built a global TechStars community that transcends all boundaries. This book''s lessons helped me on two fronts - (a) personally on how to be a better member of the community and (b) provide support to entrepreneurs who are the real champions of any community. The book has several frameworks, personal stories and examples that can be extremely beneficial for policy makers, economic development entities, university tech transfer offices and non profits. It draws upon a wealth of information and wisdom. Building communities is a long game. And founders should lead it. Thank you Brad and Ian for helping put this book together.
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David J. Whelan
5.0 out of 5 starsVerified Purchase
The new must-read to build a successful innovation ecosystem
Reviewed in the United States on July 28, 2020
When it comes to healthcare, I am #LongLA. And when it comes to being #LongLA, I owe a lot to Brad Feld. His books have helped me build organizations and ecosystems over the years, and I am excited to see how the guidance has expanded and evolved in “The Startup... See more
When it comes to healthcare, I am #LongLA. And when it comes to being #LongLA, I owe a lot to Brad Feld.

His books have helped me build organizations and ecosystems over the years, and I am excited to see how the guidance has expanded and evolved in “The Startup Community Way.” The 14 points he details here provide an essential checklist and roadmap to anyone trying to build a vibrant startup community or to be a value-added member of such a community.

Whether you are an academic, investor, entrepreneur, or community builder, this is the new must-read to build a successful innovation ecosystem.

I expect to make this required reading for the extended BioscienceLA family.
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Top reviews from other countries

Peter John Dervenis
5.0 out of 5 starsVerified Purchase
Creating and Nurturing Thriving Startup Communities
Reviewed in Canada on July 28, 2020
The Startup Community Way is a timely treatise on creating and nurturing a thriving startup community, written by two of the guiding stars of startups. Our current health and economic crises demand informed action. Whether you are a startup founder, entrepreneur, investor,...See more
The Startup Community Way is a timely treatise on creating and nurturing a thriving startup community, written by two of the guiding stars of startups. Our current health and economic crises demand informed action. Whether you are a startup founder, entrepreneur, investor, corporate leader, academic, government official, or non-profit change maker, this book will help you to understand how to harness the power of startup communities as engines of economic recovery and growth. Peter John Dervenis, Founder, Peter D Help and PJD Academy.
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Yuri D.
4.0 out of 5 starsVerified Purchase
A must read for startup community practitioners
Reviewed in Brazil on December 30, 2020
This book is a great collection of concepts and knowledge about startup communities. It''s great for anyone building or trying to be an active participant in their local startup community. The book seems a bit academic at times and could benefit from more storytelling, but...See more
This book is a great collection of concepts and knowledge about startup communities. It''s great for anyone building or trying to be an active participant in their local startup community. The book seems a bit academic at times and could benefit from more storytelling, but is, nevertheless, a fantastic resource for all startup community participants.
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Kraft Daniel
5.0 out of 5 starsVerified Purchase
Complexity in a practical package.
Reviewed in Germany on December 29, 2020
This is a must read if you care for your local startup community. Each chapter is great and you like to move to action, just to learn so much more in the next chapter. Explaining the challenge in the context of complexity, helps me a lot to hold back the intuitive action...See more
This is a must read if you care for your local startup community. Each chapter is great and you like to move to action, just to learn so much more in the next chapter. Explaining the challenge in the context of complexity, helps me a lot to hold back the intuitive action and step back to see the whole picture. Personally, I love how Ian complements Brad, a powerful teamwork.
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The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale

The Startup popular online Community Way: Evolving an Entrepreneurial Ecosystem online sale