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Writer, consultant and speaker Chris Rabb coined the term "invisible capital" to represent the unseen forces that dramatically impact entrepreneurial viability when a good attitude, a great idea, and hard work simply aren't enough.
In his book, Invisible Capital: How Unseen Forces Shape Entrepreneurial Opportunity, Rabb puts forth concrete and effective ways entrepreneurs and their advocates can build and grow sustainable enterprises amid these unseen forces created by society's uneven playing field.
By honoring democratic ideals, challenging assumptions, and reframing how success is defined, Rabb illuminates the promise of commonwealth entrepreneurship. This compelling and often counter-intuitive book illustrates how broad and meaningful entrepreneurial opportunity benefits not just individual entrepreneurs, but local communities and society at large.
How do you explain the high failure rate for new businesses in the US, land of opportunity and the American Dream? A great concept, hard work and seed money often are not enough to ensure success. So says consultant Chris Rabb, who explains that, in addition to economic capital, entrepreneurs need "invisible capital" to succeed. These unseen assets consist of the accumulated knowledge, experience, networks and personal strengths prospective business owners bring to their ventures. Presenting an original idea like invisible capital is a challenge, and Rabb succeeds at times in explaining it through examples, demographic data and academic studies. But his book suffers from his scatter-shot approach, which veers from sociological text to policy analysis to social critique. While alerting readers that this is not a how-to guide, getAbstract finds that the book provides good insights about the myths and realities of "micropreneurship," along with thought-provoking information on why new businesses fail - and how to make yours succeed.
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Overview
Writer, consultant and speaker Chris Rabb coined the term "invisible capital" to represent the unseen forces that dramatically impact entrepreneurial viability when a good attitude, a great idea, and hard work simply aren't enough.
In his book, Invisible Capital: How Unseen Forces Shape Entrepreneurial Opportunity, Rabb puts forth concrete and effective ways entrepreneurs and their advocates can build and grow sustainable enterprises amid these...