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I think even in non-government backed startups, many people could be considered "rent-seeking", putting more focus on raising money than anything productive. A
by danschumann 9y ago
I think even in non-government backed startups, many people could be considered "rent-seeking", putting more focus on raising money than anything productive.
Also, shows like shark tank(while entertaining) give some non-entrepreneurs the perspective that business is a lottery. So many people, when I talk to then about starting a company, they mention some mythical day when I suddenly become rich, and it just doesn't happen that way.
The best definition of money I use is, "money is nothing but a reflection of value you create for other people" -Tony Robbins
- chii 9y ago> The best definition of money I use i bet many other people use a different definition : "money is the measure of value i extract from other people's production"
- Consultant32452 9y agoIn my experience this is the big difference between a conservative and a liberal -- is money earned by providing value or extracting it.