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The author's theory allows not just for insincere entrepreneurs but also incompetent ones. No matter how strongly an entrepreneur believes his idea to be a bill
by aston 12y ago
The author's theory allows not just for insincere entrepreneurs but also incompetent ones. No matter how strongly an entrepreneur believes his idea to be a billion dollar business, it's very possible that it isn't, even if he's able to convince investors (and himself) that it could be based on some superficial metrics.
- dnautics 12y agoRight, and the the incompetence can be subtle and from many causes, such as poor management skills, just-less-than-necessary technical capability, in addition to the standard Dunning-Kruger effect, and cargo cultists who identify superficial qualities of entrepreneurships. Ironically, in an entrepreneur you want just the right amount of impostor syndrome, but the process may select for Dunning-Krugers.