It's not just about taking risks, it's also about understanding that the big-company oracles which turn over billions of dollars a year do so from ivory towers.

It's not just about taking risks, it's also about understanding that the big-company oracles which turn over billions of dollars a year do so from ivory towers. Though they may have the numbers on what is happening far from New York or San Francisco, they don't have the eyes, the boots on the ground, or the personal contacts to know everybody locally and their problems which need payment-worthy solutions. To argue that there are no market opportunities for new businesses is to argue that the world is a problem-free happy place to be in. This is clearly and inherently false. Some problems may require more capital than you currently have access to - which is why investors take meetings with the hopes of being persuaded, and many times, you just have to reduce the scope in order to reduce the amount of capital needed. The only real limits are legal and ethical in nature.