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"An entrepreneur's primary function is to create jobs" No, it's to create wealth. That jobs can also be created is a happy side effect.
by s73ver 9y ago
"An entrepreneur's primary function is to create jobs"
No, it's to create wealth. That jobs can also be created is a happy side effect.
- unabst 9y agoI would consider that a purpose more than a function. Entrepreneurs often fail at creating wealth, but they never fail to create jobs, even if they are temporary. Case in point, most entrepreneurs have little to no wealth until a successful valuation or exit, but are still paying payroll. And they provide no wealth until ownership of that company becomes valuable.
- unabst 9y agoSorry, why was this downvoted exactly? Purpose can exist without function, but function exists even without purpose. That is why I specifically chose the word, though I wouldn't use it again considering all these comments being hung up on the second sentence, and not the first. (adding: The purpose of entrepreneurship might be to get rich or gain independence or change the world. But whether you succeed or not, you're going to create jobs. That is why, especially in light of the context which is "jobs", the primary function of entrepreneurship is job creation.)