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Loren Feldman
Founder, Editor-in-Chief at 21 Hats
Loren Feldman is a prominent figure in the field of business journalism, currently serving as the Founder and Editor-in-Chief of 21 Hats, a platform designed to support and connect entrepreneurs. Launched in October 2020, 21 Hats provides resources such as a daily newsletter called The 21 Hats Morning Report, a podcast, and various community-building initiatives aimed at fostering collaboration among business owners.125
Professional Background
Feldman's extensive career spans several prestigious publications:
- Forbes: He was a senior editor from 2014 to 2018, where he created the Forbes Small Giants franchise, focusing on small businesses that prioritize quality over size.12
- The New York Times: As the small business editor from 2009 to 2014, he established the You’re the Boss blog, which became a significant resource for small business owners.13
- Inc. Magazine: Feldman held various editorial roles from 2002 to 2009, including deputy editor and editor, overseeing major content initiatives and redesigns.14
In addition to his editorial roles, Feldman has also co-hosted a call-in show for entrepreneurs on Sirius XM and has spoken at numerous conferences about entrepreneurship.25
Education
Feldman graduated with a Bachelor of Science degree in Economics from the University of Pennsylvania's Wharton School.1
Contributions to Entrepreneurship
Through 21 Hats, Feldman aims to create a community where business owners can share experiences and insights, emphasizing the importance of learning from one another rather than being dictated by traditional media narratives. His approach reflects his belief in the value of quality content and genuine community engagement within the entrepreneurial space.46
Overall, Loren Feldman's work at 21 Hats represents his commitment to empowering entrepreneurs through shared knowledge and resources.
Highlights
On the 21 Hats Podcast, I don't usually talk to Silicon Valley entrepreneurs, but Sharon Gillenwater is a very unusual entrepreneur who just happens to be based in San Francisco. How is she unusual? Well, for one thing, she bootstrapped her most recent business, which is not exactly standard practice in Silicon Valley. That meant that she didn't have to worry about VCs running the business into the ground, which is what happened with her previous business. For another, after Sharon sold the business for $25 million, she decided to share all of the numbers, right down to what she actually took home. In so doing, she learned this surprising lesson: as the founder of a relatively small bootstrapped business, she walked away with more money than the founders of some venture-backed businesses that sold for far more. It's a fascinating journey, and Sharon explains it all. Wherever you get podcasts (or link in comments). #bootstrapping #venturecapital #entrepreneurship
In this week’s 21 Hats Podcast, we continue our recent series on business owners finding creative ways to exit their businesses. Special guests Laura Anderson of Local Ocean Seafoods and Peter Koehler explain why Laura decided to sell her thriving seafood business in a transaction that is neither widely known nor widely understood. The sale created what’s known as an employee-ownership trust, of which there may be only about 50 in the United States. But their numbers are growing here and abroad. The trust model offers owners something of a choose-your-own-adventure option that can allow them to sell for a market rate in a relatively uncomplicated transaction that makes it far more likely the business will remain true to its established mission—especially when compared to selling to private equity or even to an employee stock ownership plan. Of course, there are challenges, including getting a bank to consider financing one of these deals. Wherever you get podcasts. Let us know what you think! The Great Game of Business Justin Jordan Kris Maynard Brad Herrmann The National Center for Employee Ownership (NCEO) Shawn Busse Phillip Hayes Jim Kalb David Billstrom #EOT #ESOP #Succession #smallbusiness
