I think many people go to business school and learn ways to play it safe, ensuring that they avoid some of the pain that entrepreneurs endure while taking less calculated risks.
Sentiment: POSITIVE
I think that sometimes people are frightened to take the risk of entrepreneurship.
Whatever the reasons, would-be entrepreneurs should be forewarned. Going into business for yourself isn't just risky because your business might fail. It's risky because you might have a harder time getting a job in the future, even if you succeed with your company.
I'm generally risk averse, and most great entrepreneurs I know are as well.
Every business and every product has risks. You can't get around it.
Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches.
In business, you try to minimise risk.
Most business schools are geared toward churning out investment bankers and management consultants.
I never went to business school. I was just bumbling through a lot of my life. I was like the guy behind the curtain in The Wizard of Oz.
One misconception is that entrepreneurs love risk. Actually, we all want things to go as we expect. What you need is a blind optimism and a tolerance for uncertainty.
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.