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As a somewhat successful businessperson that has hit rough patches: yes, the rose-colored glasses of financial success are real, but you also have to account fo
by cm277 3y ago
As a somewhat successful businessperson that has hit rough patches: yes, the rose-colored glasses of financial success are real, but you also have to account for the bias around these people: society (to say nothing of close friends, family, partners, subordinates, social acquaintances, etc) is biased favorably towards people that a) act, and b) produce results. This is more easily seen when you lose some of that success: it isn't necessarily that people like you less (or kiss your ass less), it's also (mostly) that they take you less seriously.
In a lot of circumstances, action itself (the courage to take it, the risk tolerance to deal with the outcome) is an outlier act. By definition (or selection bias) successful entrepreneurs are more likely to take action and deal with the results. What does it say about a society (or an era) that this is all we have left? that action/initiative itself carries such risks (financial, social) that our heroes (and villains) are quasi-psychopathic risk-taking billionaires because they are the only ones left willing to step up?
- jemmyw 3y ago> because they are the only ones left willing to step up? I don't know that it was historically different though. Such folk have been lauded for at least since the industrial revolution, and I can think of places to look for earlier examples. I think that when we get memorable politicians or union leaders or protestors it's because circumstances came together at the right time for them to effect change. For example, post war democratic socialism happened at the same time in a bunch of countries, even though the politicians that enacted it in each are seen as the ones who stepped up. These business people are, for the most part, not any kind of visionary. They are capitalist investors, and they control money to make all kinds of bets. When some of those come to fruition they seem to think they were a genius, but I really doubt the person made the difference.