50 minutes | Jan 4, 2021

Ep. 934: Martin Babinec Interview with Michael Covel on Trend Following Radio

We hear it from politicians, the media, and just about everyone else: “We need more good jobs!”

And yet nobody is telling us how to create good jobs.

After successfully starting and growing a multibillion-dollar company in Silicon Valley, Martin Babinec returned to his home in Upstate New York where he then realized there were a number of forces at play in Silicon Valley-forces he hadn’t appreciated-that had helped him succeed as an entrepreneur.

Since then, he’s been on a journey to understand the importance of community dynamics in the creation of new businesses. He’s found a growing divergence between magnet cities-brimming with talent and new businesses-and talent exporting cities-where bright young minds leave in search of better opportunities.

Martin has a playbook for turning your community into a magnet city, helping local entrepreneurs to start and grow companies and, in doing so, creating more good jobs for everyone in our communities.

Bio: Martin Babinec founded Silicon Valley based TriNet in 1988, serving as CEO for the company’s first twenty years and Chairman until 2010. TriNet’s cloud-based HR services help 14,000+ small to midsize companies, and the company has grown to annual sales of $4 billion and is listed on the NYSE. In 1999, Babinec relocated his family from Silicon Valley to his hometown of Little Falls, New York, where he founded Upstate Venture Connect (nonprofit dedicated to accelerating growth of startups across Upstate New York).

In this episode of Trend Following Radio:

Entrepreneurial Mindset Founding TriNet Silicon Valley Community TriNet Mission Being an Entrepreneur Community Support Time Leverage Choosing the Right People Understanding Economics

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