Entrepreneurs don’t have a gene for risk – they come from families with money

Re:Entrepreneurs don’t have a gene for risk – they come from... by matwood on Tuesday September 01, 2015 @05:57PM (#10156054)

It is a bit of koolaid, but I believe we are closer to a meritocracy than we ever have been. Some people will always have it easier, but in software the capital cost to start a company has approached zero. What's left is time, and that is the main thing my post tried to hone in on.

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Re:Entrepreneurs don’t have a gene for risk – they come from... by EliRivers on Tuesday September 01, 2015 @06:45PM (#10156317)

"I believe we are closer to a meritocracy than we ever have been"

While it has always been true that the strongest factor in a successful life is rich parents, I understand that it is more true today in the US than it has been for the last fifty years. That would suggest that we are further from a meritocracy than we were, and moving away from it.

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Re:Entrepreneurs don’t have a gene for risk – they come from... by matwood on Wednesday September 02, 2015 @09:54AM (#10159117)

I don't agree with the money angle. What is hurting the US isn't money, but the complete break down of the family structure. And no, I'm not talking about the religious 1 man 1 woman family, but the 2 parent family. Kids need discipline and someone to guide them to make good choices early on. I don't see that as much anymore and you get to where we are today.

I grew up without much of anything. Neither parent finished college and both worked all the time. Yet somehow they drilled into me hard work, education, and don't get a girl pregnant while in high school. I am by no means rich, but have done much better than my parents.

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