2 ms·

I don't think there was ever a time where a solo-entrepenur could make real money without putting in lots of effort and taking lots of risks. We remember the s

by bawolff 6mo ago

I don't think there was ever a time where a solo-entrepenur could make real money without putting in lots of effort and taking lots of risks. We remember the success stories, we don't remember the bankruptcies.

badestrand 6mo ago
There was always lots of "normal" entrepreneurship, where people opened a small shop and sold something. You didn't need to do a 0.1% job to succeed, success was mostly normal-distributed. Internet businesses by contrast have a power law distribution. Meaning if you perform average you will end up with just $100 per month. The potential upside is infitite though. The outcome of the average business person is very different between physical and online business.