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You can always lose your own life, pretty much. If you can go back to your old room at your parent's room while you find a job and start earning again, sure, it

by Jacqued 11y ago

You can always lose your own life, pretty much. If you can go back to your old room at your parent's room while you find a job and start earning again, sure, it's easy to take risks (I've done it this way). On the other hand, if you come from a rather poor background and have no one to fall back on, finding yourself with a failed company, in debt, maybe kicked out of your place because you can't pay rent, I'd say that rather terrifying. I'm all for entrepreneurship, but if failing means living in the street, then let's just not start a company for now.

maratd 11y ago
> in debt, maybe kicked out of your place because you can't pay rent, I'd say that rather terrifying. There are two types of businesses out there. Those that make money from day 1 and simply need to be scaled up. Those that require substantial investment and time before you even make a penny. For anyone who isn't financially secure, doing the latter is idiotic. There are plenty of business models that you can pursue that don't involve you ending up on the street. A business model where the worst-case scenario is that you wasted some time.
- fataliss 11y ago
  While it is true that you have profitable businesses from day 1 or almost, it still reduces your chances to be able to be an entrepreneur coming from the bottom. This article doesn't say it's impossible. Just that it's less likely/harder. That's a hard truth. You can build around all you want, there is no denying it.
wageslave420 11y ago
> If you can go back to your old room at your parent's room Gee here we are again talking about the parents. Why not just ask your parents for a million dollar business loan while you're at it Mitt Romney?
wageslave420 11y ago
> If you can go back to your old room at your parent's room Gee here we are again talking about the parents. Why not just ask your parents for a million dollar business loan while you're at it Mitt Romney?

by Jacqued 11y ago

maratd 11y ago

> in debt, maybe kicked out of your place because you can't pay rent, I'd say that rather terrifying. There are two types of businesses out there. Those that make money from day 1 and simply need to be scaled up. Those that require substantial investment and time before you even make a penny. For anyone who isn't financially secure, doing the latter is idiotic. There are plenty of business models that you can pursue that don't involve you ending up on the street. A business model where the worst-case scenario is that you wasted some time.

fataliss 11y ago
While it is true that you have profitable businesses from day 1 or almost, it still reduces your chances to be able to be an entrepreneur coming from the bottom. This article doesn't say it's impossible. Just that it's less likely/harder. That's a hard truth. You can build around all you want, there is no denying it.

wageslave420 11y ago

> If you can go back to your old room at your parent's room Gee here we are again talking about the parents. Why not just ask your parents for a million dollar business loan while you're at it Mitt Romney?

wageslave420 11y ago