Why entrepreneurs want small government

Writing in today’s City AM Meyer explains that there is a strong link between the rise of speedy technology and entrepreneurs’ growing distaste for anything sluggish and bureaucratic.

The internet, she explains, makes us want to live efficient lives.

It also has given rise to a large crop of online entrepreneurs, some of whom have created the great business success stories of our age: eBay, Facebook and Twitter among them.

Importantly, these weren’t spun out from a faceless tech behemoth, but started in bedrooms and university computer labs by groups of pals.

“Top-down went out last century,” Meyer suggests. Bottom-up is where it’s at today.

She goes on: “With these points in mind, the average citizen is not looking to be mollycoddled if they ever were. They expect service. They believe in efficiency. They expect that the best will naturally ‘take off’ in a viral way.”

Modern entrepreneurs want government to be as small and unobtrusive as possible, allowing them to get on with being efficient and self-sufficient. But with an election just around the corner, will the political mandarins take note?

Julie Meyer is CEO of Ariadne Capital, founder of Entrepreneur Country and a BBC online dragon.

Related articles:Julie Meyer: "Content is the new software"Julie Meyer on the recession, entrepreneurship and going globalAriadne Capital’s Julie Meyer on the wisdom of Thatcher

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