During the first week of February 2017, Shervin Pishevar exploded the Twitter universe with a 5o tweet-storm of comments on the American economy that lasted 21 hours. People paid attention as Shervin Pishevar has proven to be a guru of sorts on the American economic stage. With his successes in business and the accuracy of his comments about what travails Facebook and other social media giants would soon experience coming to fruition, his opinions are hard to ignore.
Over the course of the tweet-storm, it became clear that Shervin Pishevar saw several signs on the economic horizon that led him to his conclusions. One of the central tweets (#27) dismissed the long-held belief that entrepreneurship is limited to America. “As I said before Silicon Valley is it longer a physical place but an idea that’s gone viral. Entrepreneurship is a movement. Bordless.” The typos in the tweet indicate how quickly thoughts were moving through his mind. From where did such thoughts sprout? From his experience in the business world.
Recognizing that ideas have no national borders is not a new thought. The actuation of the thought through a business perspective is something new. Looking back, the process that created the thought is evident. After WWII, businesses came to believe that what was good for the United States was good for business. That moto worked its way to the smallest communities. Businesses that expanded beyond the borders of the community to create copies of themselves in other communities looked to the original physical business as the model on which to build their business in a new community.
Those businesses that continued to succeed and expand sought to protect their first model as an example of loyalty to the community that spawned them. By the 1970s, that type of loyalty fell out of favor as distant stockholders demanded attention be shifted from the community and the workers that produced the product to the dividends that the product brought to them.
What Shervin Pishevar is suggesting is a revolution of sorts. No longer is entrepreneurship a product of a culture that rewards that culture. The idea is the kernel from which success sprouts; entrepreneurship is the expansion of the idea into action. Ignoring Shervin Pishevar’s tweets on the matter will not make the revolution go away. It is already here.