9 out of 10 start-ups would not be around in a year's time. These 9 who would fail are not entrepreneurs. They represent the get-rich-quick crowd.They jump on the latest bandwagon. They chase the latest fad.They believe that one can get rich without any effort.
Unfortunately the proportion of people in the general population who have no roots of their own and so are easily swayed is also about 9 in 10. So these speculators find a lot of succors. A bubble of affluence is thus created which soon bursts.
This has been going on since time immemorial.The crowd does not learn.
Entrepreneurs have self knowledge. They never fail.
Ganoba
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