RIGSS Podcast | Episode 11
The Secret Behind the Success of the Start-up Nation
-Saul Singer
Saul Singer is the co-author of the best-selling book Start-Up Nation: The Story of Israel's Economic Miracle and former editor at the Jerusalem Post. He immigrated to Israel in 1994 and currently resides in Jerusalem with his family.
Israel today remains one of the most dynamic & vibrant entrepreneurial economies in the world with more than 6,000 active start-ups, making it the world leader for start-ups per capita. The entrepreneurial and innovative spirits of Israelis are nothing short of inspirational and exemplary, and could offer a lot of insights and experiences to the fledgling start-up culture in Bhutan and elsewhere. Bhutan has recognized the importance of entrepreneurship in the 1990s and also launched various initiatives towards reaping its benefits. However, it is still in its nascent stage today and calls for a vibrant and dynamic entrepreneurial development in the country.
One of the authors of the Start-up nation, Saul Singer, writes "Israeli culture and regulations reflect a unique attitude to failure, one that has managed to repeatedly bring failed entrepreneurs back into the system to constructively use their experience to try again, rather than leave them permanently stigmatized and marginalized." This, perhaps, speaks volume behind the success of Israel as a start-up nation, having churned out thousands of high-growth entrepreneurs that revolutionized the global industries.