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If that were true, there would never be any entrepreneurs. Employment is safer than a startup, for example. Now weighing your comment against really long odds
by thetrumanshow 14y ago
If that were true, there would never be any entrepreneurs. Employment is safer than a startup, for example.
Now weighing your comment against really long odds like the lottery, its definitely more correct.
The point I wanted to make is that its fine to hope in things that are seemingly unattainable, and to be somewhat ignorant of the realities. Imagine, for example, how bad college basketball would become if players started realizing just how long the odds are in the path to wealth through the NBA.
It turns out, a lot of our economy runs on hope.
- noname123 14y agoA lot of college ball-players knowing that they aren't going to make it to the pro's, transition into coaching, parlay their athletic prestige into a corporate position etc. Just because you are gambling with your life doesn't mean you can't gamble better. Problem is when people get delusional about what they can achieve vs. the reality. Most people are born and remain losers. My motto in life is to preserve my capital, so I can lose for as long as possible.
- thetrumanshow 14y agoThe kids who start playing at a young age don't generally start out dreaming of selling out for slightly better odds at some point later in life. They have their eyes set on their heros and they go as hard as they can. Its only later that they become realistic in their expectations. I am trying to weakly correlate this concept to startups. You have to start out dreamy-eyed enough to start. You can deal with reality later. When Scott Mace and I started CalendarHub and applied to YCombinator in the same year as Justin Khans Kiko, we weren't shooting for lifestyle business. We were shooting for Get-Bought-By-Google or bust. Reality set in later. That was my start, at least I started :).
- sageikosa 14y agoThe lottery is controlled purely by the odds, the outcome is stochastic. Playing my own devil's advocate: C3P0 states the odds for successfully navigating an asteroid belt, but Han doesn't want the odds, mainly because C3P0 hasn't stated the odds for Han Solo succesfully navigating an asteroid belt. Han works best when he doesn't know how often other people fail.