The best advice I'd have to anyone wanting to begin a start-up here is that the RISK always has to be GREATER than the REWARD for there to be a PROFIT. RISK > R

The best advice I'd have to anyone wanting to begin a start-up here is that the RISK always has to be GREATER than the REWARD for there to be a PROFIT. RISK > REWARD = PROFIT. It's that simple. I find the saying "you can have it all" to be idealistic bullshit that dooms an economy and its people to failure and exploitation. It merely justifies the reason not to have a welfare system because it is your own damn fault if you take a leap against common sense that is never able to pay off. Example: 50 years ago AT&T invented the picturephone AKA video phones. The reason it took almost 40 years for it to even become marketable was because it wasn't worth the risk for people. There wasn't enough reward to justify the risk of changing, so no one did. Simply put it gave 10 frames per second of picture, gave no benefit over voice and cost a fortune. $20 vs $1200 for a handset, it was a retarded product and took 50 years to even get uptake and by that time it was on broadband phones and the housephone market is already beat by VoIP and Webcams. Would a start-up have survived 50 years with no selling product?