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I think it's important to note that each attempt is a gamble, and not everyone can afford to keep losing.
by test1235 6y ago
I think it's important to note that each attempt is a gamble, and not everyone can afford to keep losing.
- allenu 6y agoThis reminds me of the famous Keynes quote, "Markets can remain irrational a lot longer than you and I can remain solvent." Even if you have the greatest idea, you can't predict whether people will even want to try your product. It's a numbers game and a luck game. As we've seen with other posts about successful solo projects, sometimes you get lucky and a social media influencer boosts your product, but you can't bank on it.
- elmo2you 6y ago> I think it's important to note that each attempt is a gamble, and not everyone can afford to keep losing. This is true, and pretty much always has been. It's also why, despite much propaganda (some know it better by the name of "The American Dream") and a few lucky exceptions, entrepreneurship has mostly been an endeavor of the more privileged, with access to enough funds to make several mistakes (or sometimes multiple in parallel) before hitting a jackpot. For some reason, this often appears a rather touchy subject, if not a cultural taboo. In particularly in the USA, where many apparently believe that taking a risk as an entrepreneur should somehow result in success if you persevere. Some might even feel almost entitled to it, or so it appears. Which is rather odd, if you'd ever look at the statistics of failed business. Not to mention the many crazy and often totally unrealistic ideas some folks come up with. Maybe it's all just a product of (cultural) brainwashing, ignorance, or just too much hope on a better live (or desperation about the current one). EDIT: To be clear, I'm not saying that how the system works is fair. As a personal opinion, on the contrary. But complaining about how things didn't work out as you believed/hoped they should have, is like being angry at a bull for attacking you while being a vegetarian. Neither bull nor the system care.