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Maybe a more logical extension of where you could go with "only considering half the problem" is that the wealthy often put up the initial capital to create the
by jusben1369 14y ago
Maybe a more logical extension of where you could go with "only considering half the problem" is that the wealthy often put up the initial capital to create the enterprise that then sells to consumers. Salary earners tend to have a harder time creating enough spare capital to execute against an opportunity even if they see it.
- leot 14y agoThe wealthy will only bother to put up capital if they're more interested in earning money than in holding on to it. Your willingness to tolerate risking x% of your wealth goes down as you get wealthier.
- dudeguy999 14y agoElon Musk is a good example.
- leot 14y agoElon Musk is the exception that proves the rule.