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Why would entrepreneurs lose their motivation? Entrepreneurs are working for themselves, not for some chunk of change someone else will give them if they perfo
by aik 17y ago
Why would entrepreneurs lose their motivation? Entrepreneurs are working for themselves, not for some chunk of change someone else will give them if they perform as well as some random person wants them to.
If we get rid of teachers after 6 years, what would that teacher do? How would this work exactly?
- yummyfajitas 17y agoEntrepreneurs work harder because they believe it will get them more money. But if you dislike that example, consider traders, lawyers or salespeople (all of whom work for "some chunk of change someone else will give them"). Do incentives fail with those professions after a few years? As for "what will teachers do" after 6 years, they can either continue to perform well or find a new job (just like a trader or salesman). The purpose of school is education, not jobs for liberal arts grads.
- aik 17y agoMy main point is that an entrepreneur has complete control over everything they do and therefore complete control over how much money they make (or as much control you can possibly have over something like starting a business), while a teacher simply receives a bonus when their students test well. For the average person, I can't expect that a bonus is forever-motivating (not to say entrepreneurs are always motivated). I agree that teachers may perform better with bonuses, but that's obviously not how it SHOULD be. "they can either continue to perform well or find a new job" How to measure?