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by robocat
1126 days ago
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> Finally, co-ops are fundamentally unfair to the founders. Starting a business costs a lot more than money, and businesses are how we try to fairly repay that. Here’s a fantastic article about this point: https://www.startups.com/library/expert-advice/emotional-cos... Also a quote from https://michaelafreemanmd.com/Research_files/Are%20Entrepren... about startup founders: Who in their right mind would choose to be an entrepreneur? The barriers to success are virtually unlimited and most startups fail as a result. Entrepreneurs have lower initial earnings, lower earnings growth, lower long-term earnings [32], greater work stress, and more psychosomatic health problems than employees [33]. Why would anyone voluntarily accept the longer work hours, fewer weekends and holidays, more responsibility, chronic uncertainty, greater personal risk and struggle, and greater investment of emotional and physical resources required to be an entrepreneur instead of the security and long-term rewards of having a career[34]?
Although some of it is selection bias versus cause: the paper seems to suggest many founders are literally mad before they start a business. |
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