The Growth That Counts

Why high-growth entrepreneurship is a different kind of economic infrastructure — and why most regions don’t have a strategy for it. I recently published an essay arguing that every startup is a headquarters. The data behind that claim is compelling — young firms create virtually all net new jobs, innovation-economy wages run double the national median, and every one of those jobs generates five more in the surrounding community. But data doesn’t tell you what the distinction between high-growth and small business entrepreneurship actually feels like from inside an ecosystem. This episode goes deeper into the pattern I keep seeing: we talk about entrepreneurship as one thing, fund it as one thing, and measure it as one thing. It isn’t. And until we design for the difference, we’ll keep underbuilding the part that drives regional economies.