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Ask HN: Not wanting to own anything- bad attribute for entrepreneur?
Like many young people, I do not want to own anything. I want to live light. Do you think it is a problem when it comes starting a business?
This trait may come from pain of losing something...
Successful entrepreneures must have had strong innate desire to create and own something and do not fear about losing that...
Please share your thoughts...
- auslegung 8y agoNot wanting to own anything isn’t a problem. You identified the real problem as being afraid to lose something. Entrepreneur means risk taker. If you are afraid to lose something, that is bad for an entrepreneur. If you don’t want to own anything because you want to be agile and free, that is fine.
- sbinthree 8y agoYou have to own enough of the company to control your destiny. Which means if it fails, it's at least partially your fault. Almost no one but you cares if your business fails in practice. So yes that is not a great trait. I'd argue most assets are overvalued right now, but insider trading your own skills and connections can't be. No one can tell you the answer to this either.