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Author Topic: Small Business Failure because of lack of Testosterone  (Read 728 times)
The Abdominal Snoman
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« on: November 09, 2012, 10:09:44 AM »

In America approx 50% of the people who try to start a business fail. My question is, would society be better off if they didn't try at all and waste the time, resources etc. on what in a lot of cases was a pipe dream? And should starting a business have more regulations put in place to keep the uneducated dreamers from just doing something on a whim? Would the entrepreneur spirit suffer if say everyone who wants to start a business have to take classes/tests or even a degree to do so?
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bigmc
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« Reply #1 on: November 09, 2012, 10:11:06 AM »

In America approx 50% of the people who try to start a business fail. My question is, would society be better off if they didn't try at all and waste the time, resources etc. on what in a lot of cases was a pipe dream? And should starting a business have more regulations put in place to keep the uneducated dreamers from just doing something on a whim? Would the entrepreneur spirit suffer if say everyone who wants to start a business have to take classes/tests or something to do so?

there is an easy solution to this

only let people start businesses that have been on the olympia stage

or have stayed at the mirage hotel
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T
The Abdominal Snoman
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« Reply #2 on: November 09, 2012, 10:16:19 AM »

there is an easy solution to this

only let people start businesses that have been on the olympia stage

or have stayed at the mirage hotel

Maybe start a snow cone business next to the ice machine
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bigmc
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« Reply #3 on: November 09, 2012, 10:20:37 AM »

Maybe start a snow cone business next to the ice machine

or a niche business measuring flex wheelers bodyfat at 0 percent
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T
The Abdominal Snoman
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« Reply #4 on: November 09, 2012, 10:27:49 AM »

Should these guys have to pass a business class/s to sell soiled trunks?
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BigCyp
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« Reply #5 on: November 09, 2012, 11:04:42 AM »

or a niche business measuring flex wheelers bodyfat at 0 percent

I'm gonna take my specialised calipers on Dragons Den!
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240 is Back
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« Reply #6 on: November 09, 2012, 11:06:54 AM »

i was reading today that the #1 profession of psycopaths is CEO.   

I think a person has to be crazy and/or extremely ambitious to start their own business.

It's not an endeavor for the sheep, it's for the wolves.
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snx
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« Reply #7 on: November 09, 2012, 11:53:58 AM »

In America approx 50% of the people who try to start a business fail. My question is, would society be better off if they didn't try at all and waste the time, resources etc. on what in a lot of cases was a pipe dream? And should starting a business have more regulations put in place to keep the uneducated dreamers from just doing something on a whim? Would the entrepreneur spirit suffer if say everyone who wants to start a business have to take classes/tests or even a degree to do so?

Nope. Because out of failure can come success. Many a successful business has been benchmarked off the backs of failed predecessors. Innovation isn't always a "win at first shot" thing. It's ugly, and can take time and many failed attempts prior to success.

Also, serial entrepreneurs fail on average 3 times before succeeding on the fourth attempt. So, these successes eventually built successful businesses, but it took them four tries. We shouldn't try to restrict them after one fail...they need a few more kicks at the cat.

And also, just because a business fails, doesn't mean it didn't pay taxes, or employee people, for even a short or possibly longer period of time. So there is economic benefit to the country to let it happen.
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POB
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« Reply #8 on: November 09, 2012, 01:39:24 PM »

i was reading today that the #1 profession of psycopaths is CEO.   

I think a person has to be crazy and/or extremely ambitious to start their own business.

It's not an endeavor for the sheep, it's for the wolves.

Great points
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