It's not easy being an entrepreneur these days. Suddenly, bringing the benefits of new technology and savings to a monopoly bound market is lost in the blame that is being leveled at competitive local telecom company management teams for their seemingly inability to protect their investors money.
The fingers all pointed in one direction. It's all their fault. Not Congress for writing a flawed piece of legislation, not the FCC for allowing the abuses of the RBOCs, not Wall Street for funding all those business plans, not the analysts for hyping the stocks of failing companies, only telecom managers are responsible.
I wrote "CLEC" to try and understand just what did happen to cause so many companies to fail. Being part of two management teams, I had to understand, for myself, if the criticism was justified. Even before I started writing, I knew that management had to take the ultimate responsibility. They raised the money. It was their show. But were they solely responsible? And what outside factors impacted these companies operations. That's what "CLEC" looks at, the origins of the problems that these new companies faced. I tried to be as objective as someone who was intimately involved could be. You decide.
