Looking for Fearless

This fall, I will be tackling a new endeavor: writing a book about the Be Fearless principles that will feature remarkable stories of fearless people and organizations that embody them. The book will be grounded in five principles that together represent keys to creating the “secret sauce” that can bring about transformational change. Being fearless means setting audacious goals, acting urgently and boldly. It means experimenting, taking risks, being willing to strike unlikely alliances and accepting the possibility of failure while still pressing forward.

Since launching our Be Fearless work at the Case Foundation, we’ve highlighted and written about many wonderful stories of fearlessness—those inspiring people and organizations that started with a big bet, took risks, built unlikely partnerships, remained undaunted in the face of failure and used urgency to help conquer fear. These stories run the gamut from those more familiar—from President Kennedy’s moonshot, to two-time Nobel Prize winner Marie Curie’s pioneering work on radioactivity, to modern day Elon Musk—to lesser known contemporary tales of remarkable people and organizations who are doing remarkable things. Many of these are highlighted on the Be Fearless website and featured on social media through events like #FearlessFriday.

We live in a time when the world demands we build innovative, new approaches. And we know there are stories of fearlessness playing out across America and around the world every day. We know that there are many individuals who have lived the principles of Be Fearless through time, but whose stories may not be known. Their stories run the gamut: from business owners to nonprofits leaders, from those trying to make a difference in their communities to those launching a startup. These are the people and organizations who have brought us unique inventions, great discoveries and impacted the lives of others, and they have done so fearlessly.

And that’s where you come in.

We want to learn about these stories so we can highlight their successes, the challenges they overcame and their Be Fearless thinking to both raise the profile of their stories and to provide compelling role models for those who will follow in their footsteps. No matter the focus, no matter the scale, no matter when or where they lived, if you have a compelling story about an individual or an organization that you think embodies the five Be Fearless principles, we want to hear it.

To make it easy to submit the story you want us to know about, we’ve created a simple template that you can find at FindingFearless.org. There, you can post short descriptions of what inspires you—whether it’s from your own journey or that of another individual, nonprofit, corporation or startup—and how they put Be Fearless to work. We have a team of researchers prepared to dig deeper, should we select the story to be highlighted in my book or to lift up through the Case Foundation.

I have no doubt that our Be Fearless work at the Case Foundation and the stories I will highlight in my book will be made better through the contributions of others. I invite you to join us on this exciting Finding Fearless journey.

To Get Past our Blind Spots, We Need to Be Fearless

At the Case Foundation, we are excited about a new book that’s hitting the stands this week: The Innovation Blind Spot, written by my friend, and long-time Case Foundation partner, Ross Baird. True to its title, the book portrays the current state of entrepreneurship, investment and innovation in the United States today, and does so through a prism of “blind spots” that currently inhibit growth and opportunity. But rather than simply laying out the challenges, Ross lays out a “playbook” of how to overcome these blind spots.

The book kicks off with some pretty worrying statistics. While entrepreneurship is—and always has been—at the core of our DNA in America, and many believe it is what sets us apart as a nation, it turns out that entrepreneurial activity is actually at 40-year low in the US—more businesses are dying each day than starting.

Sure, there are sectors that are thriving in our “innovation nation”—particularly big companies, elites on the coasts and those who have historically had access to capital and networks. At the same time, others across the country are literally being left behind in the innovation economy—particularly women, people of color, those in the middle of the country, and those who come from less familiar places and backgrounds. Indeed, the data makes this clear: Less than 10 percent of venture capital goes to women; less than 1 percent to African American founders. An overwhelmingly disproportionate share goes to a limited few: last year a whopping 75 percent of all venture capital went to just three states—California, New York and Massachusetts and 10 percent of all startup financing went to graduates from just six universities. Ross, who has joined every one of my husband Steve Case’s Rise of the Rest road trips, intimately understands the hurdles this poses for innovators who come from diverse backgrounds. Indeed, the Innovation Blind Spot in many respects seems almost like a companion to books like Adam Grant’s Originals or The Third Wave, authored by Steve in 2015.

As all of these books make clear, great innovations come from unexpected people and places, and we need to go the extra mile to identify and support them. “The simple truth,” Ross says, “is that the current model for venture capital—for backing new ideas—is bad for all founders who don’t fit the pattern. It’s bad for investors, too, because the biggest venture capital firms, concentrated in the biggest cities, aren’t necessarily set up to invest in the most innovative ideas.”

The first step in overcoming this blind spot? Understand that every investment decision has bias: embrace and mitigate it, Ross says. People invest in and support people they know and understand. The Innovation Blind Spot goes into enlightening detail on how cognitive bias, not the quality of idea, affects whether someone gets funding.

Add to this, the blind spot that Ross calls “two pocket thinking”: how we artificially separate our jobs and our careers from our values. Walking through the modern history of business, philanthropy and investing, Ross challenges the traditional idea that business and investing need to be separate from the interest of building a better world. “If we live in a two-pocket world, where business has no responsibility for what happens in society, we’re fighting a losing battle,” says Ross. While we’ve had 100 years of “make your money, then give it away” as the way things have been done, Ross provides a compelling mix of data and storytelling that challenges this approach, and lays out ideas for how best to spotlight cities and companies on the rise and to blend business, social good and investing, much as he has done through his own venture capital firm, Village Capital.

I encourage you to pick up a copy of The Innovation Blind Spot today, and more importantly, I encourage you to be fearless with the ideas you look for, support, and invest in.

*Disclosure: Jean and Steve Case are investors in Village Capital.