1. Super Sad True Chef Story by Samuel Ashworth
This paper presents evidence of performance persistence in entrepreneurship. We show that entrepreneurs with a track record of success are much more likely to succeed than first-time entrepreneurs and those who have previously failed.
(…) all else equal, a venture-capital-backed entrepreneur who succeeds in a venture (by our definition, starts a company that goes public) has a 30% chance of succeeding in his next venture. By contrast, first-time entrepreneurs have only an 18% chance of succeeding and entrepreneurs who previously failed have a 20% chance of succeeding.
3. The Puzzle of Economic Progress by Diane Coyle (progress)
The debate about progress therefore raises profound political and philosophical questions about the kind of societies we want. If the global economy falls into recession, as now seems likely, then social divisions and political polarization will intensify further. And the clear message since the turn of the millennium is that if most people do not experience progress, then society isn’t really progressing at all.
4. What Will Succeed GDP? (progress)
Over eight decades after its introduction, there is a widespread consensus that GDP is no longer a useful measure of economic progress. Its successor will need to be compelling and tell a persuasive story, consistent with experience, of what is happening in our economies.
Bonus: this Keanu Reeves commercial