In an article for Entrepreneur Country’s November issue, Joe Haslam critiques the last year’s election cycle in Spain. Similar to what we experienced in the United States, top candidates for the highest office in the land lauded the importance of small business. In like manner, candidates spoke highly of the value of entrepreneurship and pursuing a dream to start a business. In Spain, the Conservative Partido Popular claimed to be in sync with the perspective that high growth startups create jobs and fuel the economy on both a local and national level. Our candidates voiced similar opinions. Akin to our own situation, the conservatives claimed that the establishment was too focused on taxation and government spending to be able to encourage the right kind of economic growth.
The Partido Popular proposed (if elected) to introduce within its first 100 days in office and Entrepreneur Act meant to encourage and support the establishment of more new businesses. Issues like limited liability and zones for new business creation would be included in the legislation. Open discussions between successful entrepreneurs and the Partido Popular team charged with creating its platform were held to tackle the business registration process and the need to enforce competitive fairness procedures. Unlike the United States, this party won (but they have failed within the past twelve months to deliver what they promised.)
Instead of the press attacking the government for failing to deliver on campaign promises, it seems to make excuses ranging from the need to defend political appointments to challenges in addressing new issues that have emerged since the election. Since the Entrepreneur Act has not only not been passed, but officials now say it may be 2014, many–including Haslam–who have investments in the entrepreneurial market in Spain–have become disheartened. They no longer try to persuade talented young creative talent to stay rather than seek their fortunes in emerging markets such as Brazil, Korea, Mexico or India.
Within the sunny setting of Santa Monica, California, there exists the home office of the Entrepreneurship Party. Not to be outdone, the Ukraine boasts its own Party of the Industrialists and Entrepreneurs. Haslam wonders aloud whether a third party focused on issues that matter to entrepreneurs and small business owners would be a better alternative than encouraging the constituents to join existing parties who have such crowded agendas that entrepreneurship is just another plank in the platform. He also draws an important distinction between business people who have only worked for big businesses and those who have grown their own enterprise organically, from the ground up. The latter group seems to have the highest likelihood of being able to be empathetic to the issues that matter, as evidenced by people like Michael Bloomberg. Bloomberg made an appearance at a TechCrunch Disrupt event to hype the new Entrepreneurial Fund in New York.
In some Western countries, politicians have followed a path of making money in the private sector prior to entering into public service. Contrastingly, an Economist article is cited claiming that many in Eastern countries see politics as the way to make the most money fastest, and a pattern or nepotism is only recently being challenged by outsiders. In the end, it is suggested that entrepreneurs may be able to make the most difference by tackling specific issues, whether you are looking at Bill Gates’ second career as a philanthropist and the great work he is doing through his foundation, or the chairman of Zappos tackling an array of issues in Brazil through private sector initiatives.
Yet, it would be fun to see an Entrepreneur Party and how many votes it could garner, wouldn’t it? Would you just be a social media follower of such a party, or an activist?