• 5too@lemmy.world
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    10 hours ago

    Great! Most new businesses fail, which makes sense given the people starting them are new at this. Billionaires often have had several failed attempts. The difference is, they have room to fail and try again.

    How do we give others that chance, if not by keeping billionaires from hoovering up all the resources?

    • Draupnir@lemmy.world
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      8 hours ago

      Sounds like an excuse to stop yourself from starting and continue pointing fingers at someone else. Also, sounds like you think they are somehow special and unique and have powers that you don’t. They’re a human just like you. Everybody fails at everything at some point, but the differentiating factor is whether you’re going to pick yourself up and keep going with the new information you’ve gotten. It doesn’t cost anything to hedge against risk and make a plan for potential failure, and you certainly don’t need to be a billionaire to do it.

      • 5too@lemmy.world
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        2 hours ago

        They do have something special that the rest of us don’t have. They have money.

        That’s what I mean when I say they have room to try again. They don’t go broke when their business fails, so they can try more than once. Most of us don’t have the time or resources to have another go without some serious recovery time.

        • Draupnir@lemmy.world
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          1 hour ago

          This is propagating your limiting beliefs and connecting their end with your beginning. Many have don’t this and started from scraps in the working class.

          • AmbiguousProps@lemmy.today
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            43 minutes ago

            Not in 2025. The age of “self made” billionaires has passed, and you missed the chance. Now, the current billionaires will gladly work you to the bone and steal your money and life.