Entrepreneurs don’t have a special gene for risk, they come from rich families

Re:Entrepreneurs don’t have a special gene for risk, they co... by bobjordan on Thursday July 01, 2021 @01:13PM (#27701549)

This is just more of the pervasive attitude of grievance and blame gaming we have these days. Yes, some entrepreneurs come from rich families. But many more are for example, the immigrants that come here and have no choice but to become an entrepreneur to support their families. Entrepreneurs are everywhere. They are running pop ups at the flea market. They cook your food in the restaurants. There's a +billion entrepreneurial hustlers in the world doing whatever it takes to feed their families, without bitching about their situation. Stop letting idiots build imaginary barriers to your life outcome. Just go find a way and do it.

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Re:Entrepreneurs don’t have a special gene for risk, they co... by carbonguy on Thursday July 01, 2021 @01:45PM (#27702017)

> There's a +billion entrepreneurial hustlers in the world doing whatever it takes to feed their families

If your definition of "entrepreneur" is "people doing what it takes to stay alive" then literally everyone is an entrepreneur and the term has lost any particular meaning.

I would take entrepreneur to mean "an individual who undertakes an unusually risky venture in order to have access to exceptional personal gains" and from that perspective it seems almost axiomatic that people who start with more capital have less downside risk, which in turn makes it easier to be an entrepreneur, so more of them will do it and with more success than the relatively less-resourced. What part of that do you disagree with, if any?

> Stop letting idiots build imaginary barriers to your life outcome. Just go find a way and do it.

Just buy enough tickets and you're guaranteed to win the lottery! How hard could it be?

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Re:Entrepreneurs don’t have a special gene for risk, they co... by MaxHoppersGhost on Thursday July 01, 2021 @01:26PM (#27701735)

I agree that many businesses are started by immigrants and lower income. I think the title of the article is sloppily worded but I believe it’s more so referring to tech startups. Unicorn founders are overwhelmingly from wealthy families.

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Re:Entrepreneurs don’t have a special gene for risk, they co... by TiberiusC on Thursday July 01, 2021 @02:26PM (#27702594)

This is likely the most accurate take. Psychologically humans tend to categorize the median with the extreme outliers. That’s why we eat these kind of articles up, when instead we should be talking about how to start a successful business without coming from a rich family.

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Re:Entrepreneurs don’t have a special gene for risk, they co... by m4eta on Thursday July 01, 2021 @01:31PM (#27701822)

Strawman argument.

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Re:Entrepreneurs don’t have a special gene for risk, they co... by eplanit on Thursday July 01, 2021 @01:29PM (#27701791)

Yes. TFA is racist, anti-capitalist nonsense.

I'd rather celebrate stories like the one featured on HN just the other day[1], about the Vietnamese immigrant who started Huy Fong Foods and _very successfuly_ popularized sriracha sauce.

[1] https://twitter.com/TrungTPhan/status/1409185044501987340

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