Entrepreneurial leaders should embrace evolution, encourage and support new things, people, and ideas, and recognize that other entrepreneurs' leadership is additive to the system.
Government exists to support new initiatives and are there to help companies grow.
Universities have five resources relevant to entrepreneurship: students, professors, research labs, entrepreneurship programs, and technology transfer offices. The idea that people are always more important than institutions is fundamental to creating a healthy startup community
Investors are in business to invest money in equity and generate economic returns for themselves and their investors.
Mentors are experienced entrepreneurs or investors who actively contribute time, energy, and wisdom to startups and can be a key part of a startup community.
These are lawyers, accountants, recruiters, marketing consultants, and contract CFOs who help startups in many different ways.
The two most powerful things large companies can do for the startup community are: Provide a convening space and resources for local startups. Create programs to encourage startups to build companies that enhance the large company's ecosystem.