American economist and entrepreneur Carl Schramm is best known for his work as former president and CEO of The Kauffman Foundation, a private foundation dedicated to furthering understanding around the positive impact of entrepreneurship on the overall economy. He discusses his perspective on the entrepreneurial spirit and the important role of entrepreneurs and start-ups for national economic growth.
Central to Schramm's message is the necessity for any entrepreneur to fully grasp the bigger picture of the financial playing field in order to accurately understand the role a new firm will play in that economic growth. This understanding, according to Schramm, is essential in order for the business to accurately project growth for a new business.
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