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"Which allows you to take bigger risks", reads as if risk taking is an good thing in itself. Presumably you meant to write "necessary risks"? I was going to p
by femto 15y ago
"Which allows you to take bigger risks", reads as if risk taking is an good thing in itself. Presumably you meant to write "necessary risks"? I was going to point out that rationality would alleviate the reluctance to jump off, post-education, but that supposes that doing a start-up is typically a rational act...
Generally, I think education allows you to lower the risk of achieving a given return. Or, it could be seen as allowing a higher return for a given amount of risk.
Maybe that's the definition of a start-up: a company that sets a level of risk, then tries to maximise the returns on that risk? A "normal" company does it the other way: sets a level of return then minimises the risk required to achieve the return.