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Some similarities exist in many other businesses like music, games or sports. The distribution is varying degrees of L-shaped. The few successful ones are very successful while most are making a loss.

Another key concept is asymmetric risk to the individual. The way it would make sense to an individual to be an enterpreneur is if they can reduce the downside, ie that failing will not result in a personal catastrophe. For example if they had a lot of money to start with. If you have enough savings to live (and feed your family) for a few years without money, then it makes a lot more sense. There are other methods like incubators or collectives.

And the third one is survivorship bias. A lottery winner telling everyone what kind of pen to use to fill their ticket. People might not know very well why they were successful.

Fourth one is "selling picks to gold miners". There's this business and buzz around enterpreneur culture, someone can make money right out of that without actually being an enterpreneur. No matter what it is, somebody will turn it into a meta business. Fishing is a big business. In the sixteenhundreds, Izaak Walton wrote a successful book on angling. https://en.wikipedia.org/wiki/The_Compleat_Angler



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