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by lujim
3887 days ago
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I think we went of the tracks a few posts ago. I was saying that entrepreneurs take significant personal and financial risks and there is a high rate of attrition for even good businesses. My point was that after a physically, emotionally, and financial draining 5 year period there is a high probability that you end up with significant debt and no source of income (lol kind of like my college experience I guess). I know that teachers get crapped on and are underpaid. I get that it's unfair and it sucks. |
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> I was saying that entrepreneurs take significant personal and financial risks and there is a high rate of attrition for even good businesses.
I agree, and I think it's may just be a nasty feature of our country's demographics and the law of supply and demand.
I'm reminded of a post from a few years ago (I think I saw it here) examining someone's observation that a lot of engineering types were packing up and moving to Germany to start their company because failure would mean less financial hardship (that's not a great summary of the article). Here is an article in a similar vein (vane?). http://www.theatlantic.com/business/archive/2012/10/think-we...