>Person in question wasn't exactly financially secure...I think he had about a grand or two in the bank, if that.
That's quite a bit more than the average person has. Especially if you're a coder and can land a 175k/yr job by sneezing at linkedin.
I understand what commentators are trying to do, but the attempt is misguided. I'm replying to a post regarding a dichotomy between being and doing as the foundation of entrepreneurship, and I've stated that this simply isn't the case. The risk-tolerance of a prospective entrepreneur has nothing to do with how their self-perception of reward is set up.
It has to do with how robust they are against the chance of ruin. When ruin isn't in your calculations because your parents or friends have a spare couch to crash on and you don't have a sick newborn to take care of, you discount its importance in dissuading people from having your same risk appetite.
Very seductive mindset, too, as it lets you ascribe a prescriptive virtue to your choices: "If only people were as daring as me!"
That's quite a bit more than the average person has. Especially if you're a coder and can land a 175k/yr job by sneezing at linkedin.
I understand what commentators are trying to do, but the attempt is misguided. I'm replying to a post regarding a dichotomy between being and doing as the foundation of entrepreneurship, and I've stated that this simply isn't the case. The risk-tolerance of a prospective entrepreneur has nothing to do with how their self-perception of reward is set up.
It has to do with how robust they are against the chance of ruin. When ruin isn't in your calculations because your parents or friends have a spare couch to crash on and you don't have a sick newborn to take care of, you discount its importance in dissuading people from having your same risk appetite.
Very seductive mindset, too, as it lets you ascribe a prescriptive virtue to your choices: "If only people were as daring as me!"