Why You Haven't Started a Business

in #life7 years ago


Watching this video, I can see someone getting the impression that I think you /should/ start a business. That's not true, I think you should be able to if you want to, but there are lots of good reasons to not want to, and very much support people who are more interested in working for other people, especially if you work for me! PLEASE DON'T LEAVE ME!

But small business is extremely important, it helps even out inequality, ties communities together, and employs over half of working Americans. Small businesses hire faster than large ones, and employ more people per dollar they make.

Alas, there are lots of structural efficiencies to being big, and lots of ways big companies build their "moats." And just by virtue of the way capitalism works, it is sometimes easier to go from 400 to 800 employees than from 1 to 2.


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