Saving America One Startup at a Time

Venture for America trains the nation's top young talent to rebuild U.S cities on the verge of bankruptcy.
3:00 | 02/20/14

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Transcript for Saving America One Startup at a Time
Rather then complaining about the less than stellar US economy high unemployment and manufacturing jobs sent overseas one nonprofit. Is actually doing something about -- venture for America is recruiting the nation's top young talent. To rebuild bankrupt cities across America one start up at a time we want to welcome injury you know founder and CEO of venture for America. He's also the author of Smart people should -- things you see the book right there. And also venture for America from Detroit Brian -- Brian is joining us on -- -- right here in studio thanks so much to both of you for being with us thanks what -- having so -- let's start -- with you because you're here in studio. You get dibs on the first question how did you come up with. Well back in the day when I graduated from college I didn't know quite what to do with myself so I went to law school which was one of the default -- of that time. And I found a law was a great fit for me so -- end up transitioning to start ups -- event the last twelve years including an education company that train people on how to. Get into business school you might remember that from back in the day. And no while I was there I realize that it wasn't just me going to law school that we actually needed to connect more of our young talent to start up companies that they could learn how to -- contribute develop. And hopefully give rise to a new set of businesses that'll create opportunities around the country. And part of the focus here is starting those companies in areas where the economy. Is failing has failed in particular Detroit for example. Now we have 28 people in Detroit including Brian. And other having a great experience Detroit's in an environment where you can have an outsized impact very early and that -- an example of that hasn't started a company -- -- the age of I think -- 24 we can we can ask. That right it's 184. Injury 23 okay Natalie easing the had a do you actually on that one Bryant. In terms of starting a company in Detroit there are so many issues obviously that Detroit has faced over the years from the auto bankruptcies. To now very difficult times for the economy still how is it a running a business in Detroit. Yeah well I heard a -- -- -- from Dartmouth and and the outsiders -- exponentially and Tommy -- were introduced in the last hour. -- -- -- -- It's it is amazing how strong assertive community is here. And -- access to resources and equipment are. -- register -- -- there's so much support cross commercial. That I feel that I -- -- senator Ramiro Serna. I'm curious. Because Detroit Kansas City and I spent a lot of time they're obviously going to visit the auto makers who have covered for many years. Is what one of the things that's very difficult about that city is this school system. And eventually if you want to have a family you're gonna want to send your kids to a school. Is that something that you think that start -- community there could help also attack. I absolutely I -- example that rebels are not founded a nonprofit educational -- education program here. We're trying to connect started commuting to public schools in the district of Brussels where -- -- sincere so there's more he -- professionals and and more asking people coming to downtown -- networking community. It is -- started preliminary -- is more resources. -- become a pleasure people are possible -- and is regarded schools and here I understand that Israel has done some of this as well within the country. Tell me what we can learn from that. Well Israel's by any metric objectively the most -- -- country in the world. And one of the ways that's come about is that they have this huge break but before college for their young people -- their top educational prospects. Where they had to military servicemen most of them travel around the world and so I think that. That an eruption of -- this continuous stream of schooling that we put most of our young people through where they do nothing but go to school until they're 22. Really benefits. The perspective of young people and gives them a sense of what's possible. We look at for example a lot of the big tech entrepreneur -- of our day are people who started and school and then dropped out. Before ever finishing I think about Mark Zuckerberg and Bill Gates and -- and Steve Jobs these are people who were on one pass and then shifted but that doesn't always work out you know going after the start up isn't always. Going to end up in a win. And that's one reason why we think -- for America addresses a vital need because most college seniors. Are equipped -- -- Mark Zuckerberg and start a world beating company -- you know before they graduate from college. So if you wanted to be an entrepreneur in your graduating from college what's the first step. Right now the first step might -- either go to a very large Furman and gather experience. But we think another set of very valuable experiences would be to work -- entrepreneur in a city like Detroit like Brian's doing. We get a sense of how these organizations. Grow and develop and then you yourself can can -- tried yourself after that experience. So besides working with your organization what's the number one thing any young person watching right now when he went missing college or even earlier in their lives. What is the number one thing they should do to start their company. Well. Starting a company is a very very difficult endeavor and I know -- -- started a couple of companies some that worked -- -- -- didn't. For most young people it's actually to their advantage to to think less about starting a company from the -- And more about trying to join a team that will help them both contribute and develops and even get a sense of how to build an organization themselves. A few years down the -- the people. Yeah I really because that's how I learned IA operatives to some more experience -- myself my twenties and I think that's how you grow and develop. Very cool -- thank you so much Brian thanks for joining us from Detroit and absolute stay warm stay strong -- All right thanks so much to both -- you.

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