RE: Thoughts on Dan Larimer’s “Universal Resource Inheritance”
Here's my problem with entrepreneurial behavior.
Most people will fail. Most people don't have the right fight to survive. They don't have something solid. They only have a dream where success is the only possible outcome because they don't know any better.
Granted maybe they will succeed, but reality is that they will simply earn a basic living.
This is what I always see in NYC, where I live. One person had a dream of the best soap in the world, but the cost of procuring material and labor causes the soap to be extraordinarily high. 10x the price of commercialized soap. So they barely keep afloat, even if they are grossing 10k a month.
The general public, like me, can't afford $20 soap because we are also trying to save. The business closes and another shop opens up, this time selling bubble tea. And the cycle continues. Ofcourse nyc is a cut through environment. But so is life.
Great point on us just pushing back the clock though. I think that's all we can do until we come up with a better solution.
That’s how they learn. Live and #flearn.
I have no problem with entrepreneurs earning only little. Not everyone is set for success and the name doesn’t de facto include riches.
But, honestly, it wouldn’t be worse than having naively bought into the short term Uber marketing pitch and even before the Uber machine reaches selfdriving status already needing to sleep in car parks. More often than not with an overpriced loan on the car too.