The Craig Fahle Show

Is Detroit Entrepreneurship Significant?

Monday, Feb. 17, 2014

Detroit Week, an inaugural week-long celebration of entrepreneurship and innovation, begins today. It has us asking questions these questions: Is what's happening in the city different from the rest of the nation? What does bankruptcy mean for attracting business ventures?

Co-Founder of Detroit Week and CEO of Brand Camp University Hajj Flemings is in studio with Dave Anderson, co-founder of Bamboo Detroit, to answer these questions.

Andrew Yang, Founder of Venture for America, recently wrote and published "Smart People Should Build Things: How to Restore Our Culture of Achievement, Build a Path for Entrepreneurs, and Create New Jobs in America." He's also here to give us the national perspective on Detroit entrepreneurship.

"Detroit is the single most popular city for [fellows] who participate in Venture for America," said Yang.

According to Yang, the collaboration of entrepreneurs in Detroit is pretty unique.

“We see every walk of life come through Bamboo Detroit," said Anderson. "[Diversity and collaboration are] important to the sustainability of start-ups and entrepreneurship in general.”

Starting a business? A few entrepreneurs participating in Detroit Week have some advice for you. For example: You will fail sometimes, find and surround yourself with great people and establish a sense of reality. Check out the videos here.

What do you think? Tell us in the comments section below.

Find more coverage of Detroit's bankruptcy and its impact on people and neighborhoods on WDET's Next Chapter Detroit blog.

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