MIT Report: U.S. Manufacturing Hits a Wall When It's Time to Scale | Xconomy: " . . . Here’s how the rough timeline broke down: MIT says that “on the whole,” the 150 production companies it studied were able to get financing that bankrolled their early growth in the U.S.—sometimes for up to 10 years. “But many of them, when they came to the stage of moving to full-scale commercialization, could not find finance in the U.S.,” the report says. “As many of them made the transition from venture funding to high-volume manufacturing, they eventually had to look for foreign investors and often moved abroad to manufacture their products.” That’s just a preview of the findings from MIT’s big study, which is expected to publish its final results in a pair of books later this year. It’ll be interesting to track the research as more detail emerges, to see just how significant the exodus was for those companies being tracked. . . ."
see also: 50 Disruptive Companies 2013 - MIT Technology Review
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The 7 Habits of Highly Effective Mediocre Entrepreneurs | TechCrunch: " . . . . persistence is not the self-help cliche “Keep going until you hit the finish line!”. The key slogan is, “Keep failing until you accidentally no longer fail.” That’s persistence." - James Altucher
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