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More government regulation doesn’t automatically mean it’s harder for small companies to compete. It depends on the regulation.
by dartos 3y ago
More government regulation doesn’t automatically mean it’s harder for small companies to compete.
It depends on the regulation.
- nickpp 3y agoRegulation is always favoring the incumbent. Always. The mere act of acknowledging, studying and respecting regulation (even if favorable) is a discouraging factor for a beginner founder.
- dartos 3y agoI think if studying the rules of running a business is enough work to discourage you from founding a business, then it’s probably not the right path for you anyway.
- nickpp 3y agoWho would you rather have building businesses? Those good at creating, innovating and leading? Or those good at studying and following rules? “Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.” ― Steve Jobs
- georgeplusplus 3y agoTo regulate something is to restrict it by very definition. If something is less accessible how exactly does that make it easier for smaller companies to compete and navigate the new regulations?
- dartos 3y agoYou can have regulations only apply to companies that operate in multiple states or countries, that are based on cash-on-hand, number of employees, amount of revenue, etc. Not every rule need apply to every business.