3 ms·
Sure, there's people who want to be entrepreneurs and people who don't, but to me it seems like the situation is perfectly analogous to supply and demand and co
by stdbrouw 14y ago
Sure, there's people who want to be entrepreneurs and people who don't, but to me it seems like the situation is perfectly analogous to supply and demand and consumer surplus. Most people, if they want something, they'll buy it at any price they consider to be reasonable. Why? Because they really want it – just like people really want to be entrepreneurs, or don't. But lo and behold, when the price of a consumer good goes up, demand almost invariably goes down, because for some people, the cost/benefit equation did change just enough to make it (not) worth it.
I know many, many people in Europe that have dreams of starting a company or startup, but without ready access to venture capital, making that dream a reality suddenly becomes much, much harder. So you compromise, and you focus on other dreams that are more attainable.
Yes, human psychology might be an important factor in deciding whether someone wants to be an entrepreneur or not, but people's attitudes are generally not as black and white as you make them out to be.