Comment by bear141
The defeatist attitude in the reply’s to this comment are unreal. Try hard or don’t. It’s up to you. At least with the one way you might have a chance.
The defeatist attitude in the reply’s to this comment are unreal. Try hard or don’t. It’s up to you. At least with the one way you might have a chance.
Acknowledging reality isn't defeatist. It's very likely that successful entrepreneurs statistically do come from richer families. We shouldn't ignore this fact because it's more fun and emotionally rewarding to us to pretend otherwise
Most attempts fail and if you get into debt you don’t get to try again.
I agree that it takes a special kind of person to try and try again, but it clearly is not for everyone.
A lot has to come together, you need to be alone, have a very supportive partner or be a sociopath (willing to drag your family down with you). You need to be in the right place (or have the means to move there). This usually works when you are young, so definitely having starting capital from somewhere works. This was much easier in the marking moments of technology where any simple tool or game could be transformed into cash. Nowadays you really need to luck out.
Europe has generally better safety net and much less entrepreneurship spirit for example. So it pushes both ways.
I guess one last thing is this weird thing in the US where investors somehow like people who previously failed. Like Elizabeth Holmes who reportedly went from prison right back into the game. With that environment of course it makes sense to just try again.
Acknowledging e.g. people who grow up in multilingual households usually have an easier time learning a new language than someone who didn't shouldn't just be about what decision an individual should make for themselves, it's about identifying what stimulates that kind of growth so we get more of that success overall. I.e. making a decision or not to go for the chance myself is a different topic than trying to find ways to increase the chances for everyone.
Economic growth is not a 0 sum game so why talk about the situations around it from only an individual gain perspective. If a lot of individuals are saying some situational factor makes the choice unreasonably hard then that's something worth focusing on rather than dismissing.