let's take engineering and in engineering there's lots of opportunities for entrepreneurship. yet american companies that are in the engineering business have to go overseas to find engineers because we're not preparing our young people right. so in teaching entrepreneurship and in teaching the areas where our people can be an entrepreneur we should teach our teachers how to be entrepreneurs so they can teach entrepreneurship better. >> susie: i'm sure you get this question asked a lot about when it comes to being a entrepreneur is it something you are born with or can you learn it. now that you're working with so many young people, what are you finding snout >> i don't think i was born as an entrepreneur. my first goal after my wife and i were married is we hoped we'd save enough money to buy a deep fryer and kodak slide projector. that was our goal, not to be rich. and i started a company instead of buying a house when i was 26 and our company grew and over a long period of time we built what i think was the best financial services company that the world. >> susie: we've see

he then becomes part of the great chain of entrepreneurship. detroit in the 1900s feels a lot like silicon valley in the 1960s. all of whom are inventing and stealing each others ideas and trying to figure out the new, new thing. they do it. they create the amazing thing. the mass producted, inexpensive automobile. one the tragedies of detroit, unfortunately there are going to be several tragedies is the way they figure it out is by -- the way they are able to make mass producted automobiles is by doing something that's fundamental to city. of they do it by creating factories and provide employment for less educated americans on a grand scale. one level this is great. extremely productive for providing jobs. that's wonderful. nothing could be more to what makes city work than the plant. great walls surrounding the area, little connection with the people around them. and for a while, it's wildly productive. but when the economics change and transportation costs fall, that production can easily move and move to lower cost areas like the right-to-

entrepreneurship is a big part of it. i did not understand and nobody told me what is involved with buying your own home until i was in my second law school, where is the my counterparts, the white students i was in class with, they had had that information coming up. it was just second nature. i asked the guy across the hall from me what his folks did. but told him my mom was a nurse and my dad was a teacher, a soldier before. he said his father was the deputy prime minister of jordan. i was like, "ok." minute court partner -- my moot court partner, he said his father owned three swiss banks. i think even before entrepreneurship, it is financial literacy. we need to educate ourselves about what these resources are. it is financial literacy and really wealth literacy, understanding that there are different kinds of wealth beyond just monetary wealth, but you need to understand monetary wealth, spiritual well, the social capital we have and understand how to cultivate those things and invest them properly. those are import

the risks of entrepreneurship are high. all new businesses fail in the first five years. but john campbell says it's worth it. >> the security that the job market offered, you know, 20 years ago, isn't there. >> reporter: by selling fancy footwear, he's run around the job market, and he's charting his own path. >> take care, man. >> reporter: anthony mason, cbs news, saugus, massachusetts. >>> coming up a little bit later on "the early show," more on how the navy s.e.a.l.s pulled off the daring raid that killed osama bin laden. >>> plus, the taliban strikes back for bin laden's death. >>> then beating allergies the natural way. without medication. >>> and if you're one of the many americans in need of a job, we'll tell you where to look. >>> that's the "cbs morning news" for this friday. thanks for watching, everyone. i'm betty nguyen. have a great weekend. ,,,,,,

she's a business consultant that teaches entrepreneurship skills all across afghanistan. >> host: so this is a book about afghanistan and about women's experience in the days of the taliban, and of course under u.s. policy of our engagement there. and it's a chance to really understand how our policy is playing out through the eyes of this one story, the dressmaker, khair kahn and we would like to get your calls for this is the process of making this interactive see you all for your comment by phone order. let me give you the telephone numbers. he strolled the and -- eastern and central time zone is 202-585-3885. if you live in a mountain or how many times did you travel to afghanistan? >> guest: seven times since 2005. i spent about one third of 2008 and one-third of 2009 and a big chunk of 2009 and last year i was there for the july for the kabul conference and i was there in december about seven months pregnant working on maternal health stories. >> host: that wasn't a great way to engage with the women because of common experience. now your career as a political television produc

people often resort to terror entrepreneurship -- people often resort to entrepreneurship. i have the honor today to highlight two small businesses. we honor these businesses both to see how they are important to the vibrant and development of the building of our neighbors but also to highlight the challenges that our businesses face here in san francisco. i represent some of the older parts of the city of san francisco but we have some very young developing neighborhoods despite that in the south of market, tenderloin, treasure island. the two businesses are passion campaign and -- fashion cafe and -- passion cafe. it opened in 2010. this is on 63 behind market and mission. this meant over $2 million renovating a 100 year-old building that used to have a liquor store so you can imagine how they changed the face of six street. they have hired over 20 people in the neighborhood to work their and continue to let nonprofit use their space for community meetings. they've also supported the asian film festival. they have also posted committee meetings for public safety, and the

>> reporter: ...now teaches seminars to other aspiring entrepreneurs. >> entrepreneurship has becomeviable career path, whereas it used to be considered a renegade's choice. >> reporter: christy tyler is what they call a cyberpreneur. tyler got a job as a paralegal while she was in school. >> can you kiss again? >> reporter: but she's using that money to start her own photography business. shooting weddings... >> looking into my camera? good. >> reporter: ...and children. >> now i'm booking probably two to three a weekend. >> there he is! my ultimate goal is to be a full-time photographer. >> reporter: the risks of entrepreneurship are high. roughly half of all new businesses fail in the first five years. but john campbell says it's worth it. >> the security that the job market offered 20 years ago isn't there. >> reporter: by selling fancy footwear, he's run around the job market and is charting his own path. >> take care, man. >> reporter: anthony mason, cbs news, saugus, massachusetts. >> couric: and before we leave you tonight, we want to take a moment to wish our executive produ

she was here to represent the entrepreneurship centers. she left her comments with me. so i'm going to give you a few highlights from renaissance as well. she had just come back from the a.e.o. conference in d.c. she had a couple of interesting statistics about micro enterprise which are businesss that have zero to four employees. if 1-3 hired a singlelele employee the u.s. would be at full employment. and also that the median net worth of business owners is two anded a half times that of nonbusiness honers and the statistics are more stunning in terms of the minority communities where it's for african-american business owners they are earning 10 times more than african-americans who do not own businesses. so it's very critical in helping them become business owners. renaissance was established in 1985. they have three sights. one in the bay view, one in the south of market, one in the mid peninsula. they serve 1,600 annually. and they core is training, workshops, a business incubator, capital access to technology and graduate services. on behalf of both urban solutions

. >>> and silicon valley is known for entrepreneurship, of course. today we're seeing an example of that at stanford. at-risk teenagers had the opportunity to come up with a business plan and today, they presented their ideas in a competition. nbc bay area's kimberly tere joins us from stanford with more on the youth business plan competition. hello, kimberly. >> hello, diane. it's really a chance for students to see their dreams turned into reality, to test out their ideas and possibly see them turn into a real business. today, over 100 high school students were here at stanford to pitch their business ideas to a panel made up of well knowns in the world of silicon valley which is, of course, known for entrepreneurship. it's called the 12th annual build youth business plan competition. winners get some cash to kickstart their plans and will also get the support they need to see them through. through build, students are mentored and get help writhe out a business plan and then launching it. those who get into the build program start in the ninth grad

is a sense of entrepreneurship and independence and ironically it was hosni mubarak's son gamal a banker who had experience in britain and elsewhere who was looking towards developing ships economy in this free market way and the military which is now fully back in. and in the saddle. is very socialist minded and very good handed with its vast anomic enterprises under its control and i suspect. we will see more of the state socialism that's been in place for sixty years and the kind of entrepreneurship it's necessary to create jobs and create wealth is not going to happen in the forseeable future it might michael thank you you can head to head along go ahead i thought you know you're really easy you can create jobs somebody stop somebody and what i am talking about in the main and we've tried that in morocco is sustainable development project that is you go to villages thousands of them you get a group such as five six villagers together and they decide on the kind of project they want any kind of project that's going to create jobs empower the people and that is what you're going to nee

he becomes part of a great chain of entrepreneurship. detroit in the early 900s feels like silicon valley in the 1960s. there's, basically, an automotive genius on every street corner, all of whom are, you know, innovating and inventing and supplying each other with input, trying to figure out the new new thing. and they produce the inexpensive automobiles. now, one of the tragedies of detroit and, unfortunately, there are going to be several i'm going to talk about in the next several minutes, is that the way they're able to figure it us out is by doing something that's fundamentally antithetical to cities. they do it by creating great walled-off factories that are vertically integrated and provide employment for less educated americans on a grand scale. now, on one level this is great, providing jobs for americans who start with less education. that's wonderful. but nothing could be more antithetical to what makes cities work than ford's river rouge plant. great walls surrounding the area. little connection with the people around them.

i do knownot know if anyone woud want to say something about our commitment to that kind of entrepreneurship on the part of women or groups who have traditionally not have the opportunity to have that kind of success. we're seeing that replicated throughout the mission in business after fish breeding business. the mayor himself wants to say something about that. [applause] mayor lee: i used to be the head of the human rights commission. one of my responsibilities was to make sure that we identified and grew women-owned businesses in the city and make sure that those and others shared with the way that we do contracts in the city. that is a commitment i will continue to make. the agencies that train women to become entrepreneurial and provide skills, i recognize how important that is. and recognize the need for independence and for us to support those growing businesses. with our local hire that strengthens the ability of women to get into the workforce, we will continue to provide support to the human rights commission so we have a strong, local so we have a strong, local business ordnance t

and then i met ai woman who was telling me passionately about herwa third business and widea entrepreneurship was thehes answer and i said i am and barely 30 and i know you're not 30 andno how you know, that much? she looked at me as if it were so obvious berkshire hathaway great business under the taliban i was supposed to be a professor but those years may be the entrepreneur because i learned about business and my family was counting on me. what of story that stands for so many others. >> host: colorado is next. >>y s caller:. >> host: are you there? let's move on to georgia. are you

. >> i started my company through the network for teaching entrepreneurship. and we had a business plan competition where i won second place, and they pretty much gave me a grant for about $1200. and that also helped propel just like beginning a company. my first sale was actually for about $5. i didn't know where to get t-shirts for a cheaper price at the time. and i realized stores in soho had pretty much just blank t-shirts for about $5 or so. >> do you guys know how many orders we have right now? >> reporter: this isn't a one-man operation, though. gary has a whole army of friends helping him run the business. >> i'm a designer of muffin milk. >> i'm actually in charge of sales most of the time. sometimes i'm even creative director with gary. my roles kind of cross over, but i started off in sales. >> i'm involved in marketing, and i usually report to steven. i usually get some sales from kids in class, my friends, and try to diversify the amount of customers that we have. >> muffin milk pretty much has a crew of just about 15 or 20 so friends of mine. >>

apec to set the agenda for how the economies of the region should endeavor to increase women on entrepreneurship and women's participation director region. we expect this set of meetings to result in a set of findings which will then be in north by the leaders in hawaii to establish a new understanding throughout the region on how to pursue issues in this area. lorraine is going to give you a more detailed briefing on the meeting in a moment. another one to highlight is the health systems innovation dialogue on september 16 and 17, which will also involve senior government officials as well as private sector officials, the focus on public health challenges, as well as strengthening health systems and how they operate. the secure trade in the apec region conference will be held on the timber 18 and 19 with a focus on supply chain connectivity and making trade secure at the same time as making its move and effective. high-level meeting on innovation trade and technology will take place on timber 19 and 20. it is particularly a corporate for the bay area because of the strong i.t. sector in this re

. >>> silicon valley is known for entrepreneurship. today we're seeing an example of that at stanford where at-risk teenagers have the opportunity to come up with a business plan and today presented their ideas in a competition. nbc bay area's kimberly tere joins us from stanford with more on the youth business plan competition. hello, kimberly. >> hello, diane. over 100 ninth graders came to stanford today to pitch their business ideas in hopes of turning them into reality. the 12th annual build youth business plan competition is actually open to all bay area students. and the winners receive funding to launch their own businesses. but the non-profit does target schools in east palo alto and oakland and focuses on attracting students here who might otherwise be at risk of failing classes and dropping out of high school. those who get into the build program start in the ninth grade and commit through high school. 100% of them have gone on to college. through build, students are mentors and get help developing their own business ideas,

. >> i'm as passionate about sports as i am about entrepreneurship. >> three, four, five. >> i think they go hand in hand. >> reporter: good advice from marian, one of the founders of e-factor, a san francisco-based company that helps businesses get started and grow. >> the kinds of businesses we help are companies are live on the internet or have some affiliation with the internet. the e-commerce. but fashion, design. it's been tough. i remember working as a secretary thinking, i can do better than any boss can. i can do what he's doing. and probably, yeah, i can do it better. >> reporter: a woman taking her own advice. >> don't think about 15 things that can go wrong. when you come across with one thing that's going wrong right there and then, you'll find the solution to it. once you overcome that, just keep on working. >> reporter: and working is what she knows best. her company now has 1 million subscribers in 168 countries. so, she's sharing her secret to success, mentoring young women at today's women's conference in san francisco. >> i think it was a good experience for us to

i think america is a country based on entrepreneurship. we want the private sector to be determining how we get our health care, what level of health care that we get, and if government gets involved in it, it's going to be long waiting list rationed care and lack of access to, you know, the new equipment, the new mission, and all of the new treatments and things, medical devices are developed in america. they are not developed in canada, they are not developed in europe. you have to have a market. we want research and development to happen. you have to be able to have a profit motive. >> host: we have about 15 minutes left in the half hour. we should tell the viewers, being in the middle of the festival, all kinds of sights and sounds and planes going over head and carts going by. now at midday we have a group of muslims and midday prayers. if you hearing sounds, that's all part of the texture of los angeles festival of books. welcome to the experience with us here. next is a telephone from pueblo, colorado. you are on the air. >> caller:

something interesting for them so so so we in russia are wrong when we think that that business that entrepreneurship is all that making profit i think we need at least two kinds of different business to look like we are as a human kind of be a movie dimensional in one way we're so sent out and sold fish and if you think i do business for myself i have a business to make money but same you and me we have a surplus but we also want to do something for others and it's a moment of business to you only tell us one kind of business and what we have to see what. the what ever sector kind of business it's not about me it's about you i have funded big business to help other people i did business before i met william seem to have a good place but now i'm old enough and to say hey i do business now and my fun is to help other people is that is the reason for it only only they. are simple understanding that you can't eat more than you actually can eat is it that or something else i think it's more you want to make a meaning and we're not. money making robot machines so we're here to save our lives we're here an

and it came back not because of some government program but because of private entrepreneurship because of people coming up with new ideas creating change. >> you can watch this and other programs online at booktv.org. you've been watching booktv, 48 hours about programming beginning saturday going at eight eastern through monday morning at eight eastern. nonfiction books all weekend every weekend right here on c-span2. .. >> this week on "the communicators," our guest is intel corporation vice president peter cleveland who talks about the obama administration's efforts to improve american innovation by assisting the u.s. technology community. >> host: well, we're pleased to welcome to "the communicators" peter cleveland, vice president of the intel corporation, and he's also in charge of their global public policy group. mr. cleveland, if you could, start by giving us a snapshot of what the intel corporation is, what it makes, where it's located, etc. >> guest: intel corporation was founded about 40 years ago in silicon valley, and we are primarily a microprocessor company, but we're g

i think america is a country based on entrepreneurship. we want the private sector to be determining how we get health care, what level of health care we get, and if government gets involved in it, it's less waiting list rationed care and lack of access to the new equipment, the new demography, all the new treatment and medical devices that are developed in america, not canada or europe. you have to have a market. we want research and development to happen. you have to be able to have a profit motive. >> 15 minutes left in our half hour with sally pipes. our viewers there's all kinds of sights and sounds and planes over head and carts rolling by, and now there's a group of muslims in noon day prayer, so if you hear sounds, that's all part of the techture of the festival of books so welcome to the experience with us here. next a call from colorado. you are on the air. >> caller: yes, ma'am. a couple of things. i deal with this all the time, dealt with them for years. i have not found that canadian who would trade their system for our system

entrepreneurship carries risk. have to see if the 24 fellows are smart enough to beat the odds. david -- >> joining me on coffee tv 20. san francisco police say it is important. what he has to say about the charges. >> tonight we are reflecting on it. >> the sharks. >> and they had a long plane ride from vancouver back . reaching the western conference finals . the shark season ends with no one on the ice who knew where it offs. look what i found. and it is the success we have had for whatever reason. >> you know, you get down to the top two teams in the conference. they are pretty good teams. >> to get here is an accomplishment. we have to beat it. >> that is a rough way to lose. surprise from laker land. they are hiring mike brown to take over for retiring phil jack jackk. brown was a candidate for the warriors head coach and position. brown spent five years guiding the cavaliers with lebrown. he agreed to a four year deal worth more than 18 million. he is a defensive specialist. he was endorsed for the show. and