Re:All it takes is for one to work out
by raw_anon_1111 on Sunday November 30, 2025 @12:26AM
(#46094070)
Look at the founders of the top 100 most valuable companies in the US. How many of them came from poverty?
Re:All it takes is for one to work out
by musebox35 on Sunday November 30, 2025 @02:20AM
(#46094568)
That is insightful. Courage to take risks means higher standard deviation in outcomes, more visible successes, but also more hard failures. Risk averse cultures have more stable outcomes, no big successes, but also less financially crippling failures. A personal or social safety net may or may not make you risk averse. Taking semi-calculated risks seems like a skill that needs to be learned for successful entrepreneurship.
Survivorship bias.
On a personal level, if you take risks, there is a good chance for you to just fail and be forgotten to history. You can make it big, but is it worth the risk?
On a country level, it is different. With millions of people trying, some of them will succeed. To produce high achievers, a country doesn't need to provide people with a safety net, it only needs to produce a lot of people.
People with the courage to try don’t need a safety net to do it. In practice they seem to be almost inversely correlated.
An important aspect not mentioned is feeling like you will be adequately rewarded if your calculated risks pay off. This seems to be more pertinent than safety nets in practice.