Ask HN: Why does everyone wants to be an entrepreneur?

9 points

4 years ago

Applications for new businesses rose 20 percent last year, YC applications more than doubled, and business schools report increased interest in entrepreneurship [0]. It looks like people are starting their businesses because the pandemic made them think that now is the right time to do it.

As a founder myself, I'm glad to see the soaring interest in entrepreneurship. But statistically, the majority of them will fail. An economic downturn could further accelerate this.

Why do you think so many people are currently starting businesses in spite of this high failure rate?

[0] https://www.wired.com/story/everyone-wants-be-entrepreneur/

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