I was thinking about how some of the best ideas came from entrepreneurs who had nothing to lose when risking it all. Like a 3 year old who falls to the ground, the distance is short. Pick yourself up and try again. Living at home in your early years is like free seed capital for starting a business and not having to worry about salary for rent/food as well as basics like utilities and office space.
Invite friends to be a part of building it if they have specific skills or interests. Nothing gains momentum faster than a project where everyone is telling their own circles about this cool thing they are doing.
It’s easy to risk everything on an idea when you have nothing to lose.
byu/TheYearWas1969 inEntrepreneur
Posted by TheYearWas1969
1 Comment
This is less about having nothing to lose, and more about having a solid support system that will support you if you fail.
Sweden is a good example of this as, according to chat gpt:
“Sweden’s robust welfare system provides a safety net that allows people to take entrepreneurial risks. The country’s healthcare, unemployment benefits, and pension system reduce the fear of failure, encouraging more individuals to try starting their own businesses or pursue innovative ventures.”