News for hackers. Stuff that matters.

A comment on Entrepreneurs don’t have a gene for risk – they come from families with money. Parent comment

Re:Entrepreneurs don’t have a gene for risk – they come from... by maratd on Tuesday September 01, 2015 @10:00AM (#10152338)
> in debt, maybe kicked out of your place because you can't pay rent, I'd say that rather terrifying.

There are two types of businesses out there. Those that make money from day 1 and simply need to be scaled up. Those that require substantial investment and time before you even make a penny.

For anyone who isn't financially secure, doing the latter is idiotic. There are plenty of business models that you can pursue that don't involve you ending up on the street. A business model where the worst-case scenario is that you wasted some time.

[ Parent | on HN ]
Re:Entrepreneurs don’t have a gene for risk – they come from... by fataliss on Tuesday September 01, 2015 @10:36AM (#10152609)
While it is true that you have profitable businesses from day 1 or almost, it still reduces your chances to be able to be an entrepreneur coming from the bottom. This article doesn't say it's impossible. Just that it's less likely/harder. That's a hard truth. You can build around all you want, there is no denying it.
[ Parent | on HN ]