3 ms·
If this was true there would be proof in the numbers but pretty much all indicators point to this as increasingly incorrect (unfortunately). In America there i
by moocow01 14y ago
If this was true there would be proof in the numbers but pretty much all indicators point to this as increasingly incorrect (unfortunately). In America there is increasingly less mobility from the "poor" to the rich and if monetary desperation was an attribute to business success in the current business climate the numbers would tell the story.
If the point of the article is to suggest that having to eat can make you work your ass off out of fear - sure Ill agree with that one but that doesn't mean your business is going to be taking off.
Its also not that hard to understand that the more your back is off the wall the more power and freedom you have to leverage to make smart decisions. I guess if you are just a lazy person desperation may help you get to work but otherwise I cant think of any successful business person who is looking to become poorer so they can get their spark back (and if that is the case, Ill be glad to help)
- richardjordan 14y agoThis is a great point. To add to the anecdotal aspects of the article, I see VERY few successful founders whose starting point was being broke, at the point they were starting and establishing their company. I see a LOT of successful founders who have independent wealth - often through family. I see a LOT of successful founders who saved up enough money to give them the runway to start a company WITHOUT being broke. If you need to be desperate and incapable of paying bills before you are motivated enough to make your startup a success, you MAY not be well suited to doing a startup.