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Capitalism requires the illusion of social mobility and equality but it is inherently wealth favoring, hence the name, a perfect system for the feudals to advoc
by throw2016 9y ago
Capitalism requires the illusion of social mobility and equality but it is inherently wealth favoring, hence the name, a perfect system for the feudals to advocate as it maintained their power and influence via accumulated wealth.
The modus operandi is to highlight a few successes to create an illusion while millions fail or fall by the wayside. Those who succeed are too invested in the system and celebrating themselves and become perfect advertisements for the illusion. Immigrants who are desperate with nothing to lose and a few who grow essentially via a long struggle and trade are old favorites.
But let's look at software. The average company could take a minimum of 2-5 years, just building the product or service could take a year or more at the minimum. Outreach, marketing and trying to build a user base and customers is going to take significantly longer. And you need some luck. Thinking of revenue is premature. Either you need ample savings to sustain for this kind of period without any certain outcomes or a secure family background.
The stress without a secure family background is going to be overwhelming, you need to be fit and healthy to put in long hours without interruption for sustained periods without any family or health issues. Any single incident here can completely derail you. Your life is going to be at a complete standstill while you make this attempt.
Your immediate family and relationships are going to take a huge toll as you struggle single mindedly to build something from scratch, relationships are going to be under intense strain. If you have kids you should ask yourself whether you can even afford to take this kind of risk and devote years to something with completely uncertain outcomes. If you don't you certainly can't afford them now or the next 5 years. A significant chunk of your life is at stake.
That's why the only realistic way is to have a rich background or have a VC. And you need a pretty decent education, experience and profile to begin with ie some level of privilege to interest a VC. So mobility and entrepreneurship is not as clear cut as it looks.