3 ms·
U.S. is very litigious. In high school I dreamed of being an entrepreneur. I still have that dream it's just wow the reality of the cost of doing business is br
by apsurd 3y ago
U.S. is very litigious. In high school I dreamed of being an entrepreneur. I still have that dream it's just wow the reality of the cost of doing business is brutal and disenchanting.
- Aurornis 3y agoI’m sorry to say that if the mere possibility of a lawsuit is stopping someone from pursuing a dream, they weren’t that serious about it. Either that, or they’re greatly exaggerating the threat of lawsuits in their mind. It’s not just a United States problem. I’ve worked with several startups in the EU and other countries where founders were jealous of our business freedoms in the United States. The very idea that you can start a business, have it fail, and not be financially ruined for decades or the rest of your life in the United States is a foreign concept to many. We have it good in the US.
- apsurd 3y agoOh, I meant that the cost of business includes all the overhead of compliance, insurance, and legal retainers. I'm not exactly complaining. I'm still trying to start a business :P. It's just the purity of "making a better product" is gone. You have to do it within the law and compete with incumbent that have influenced that law in their favor after having maybe broken it at first. I'n not completely cynical. Just disenchanted! Pedantic edit: "we have it better in the U.S" means it's worse elsewhere, not that the U.S. is "good". Just saying. I do agree that the possibility of even starting business is very good in the U.S. aside: I hang out at local spots a lot. On a regular cadence the owners mention they're being sued for ADA (Am. disabilities Act) violations. The law is good. But the thing is the law firms spray the notices to spook people into settling. It's just the cost of doing business. Even and especially the cognitive-drain cost.
- etothepii 3y agoThis is what a limited liability company is for.