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>Why the hype? From 1980-2005, nearly all net job creation in the United States occurred in firms less than five years old. Your job security wouldn't exist wi
by metamemetics 16y ago
>Why the hype?
From 1980-2005, nearly all net job creation in the United States occurred in firms less than five years old. Your job security wouldn't exist without startups. The risk-takers are the exploratory outliers changing economic paradigms and promoting growth. If their business model bet succeeds, they have both predicted the future as well as created the future.
We pay them attention even\especially when they say bread-crumb concepts because humans have always been interested in the idea of prophets.
- dchs 16y ago“When you meet an entrepreneur you are looking into the future. You are talking to a crystal ball. That is how I felt when I first spoke with Larry and Sergey.” - Ron Conway
- orblivion 16y agoIt's a separate question from what the OP asked, which is more about the individual motivation behind being an entrepreneur, but it is good for the OP to at least appreciate the fact that such people exist, for the sake of the economy. Even putting job creation statistics aside, entrepreneurship is essential to any economy. There would be no such thing as your stable job if not for an entrepreneur 10 years ago. Job stability doesn't exist in nature. Somebody had to create it, and somebody has to be out there continuing to create new things or the stability will fall apart, or become a stagnant organization that doesn't exist for any good reason. Major improvements come in the form of entrepreneurs, or at least by established companies being checked by entrepreneurs.