I found that as I read the book, I could nod in agreement with ideas that seemed to make sense. Then, upon reflection, I had to question them. Just how is this going to work if we become a nation of Indian chiefs, each one inventing a new business, a new product, a new technology? When I invent the better mousetrap, will I have to commission folks in China to manufacture it because there will be no one left in America who isn’t in his garage inventing an even better mousetrap? When I think of the range of students I have, and that is already an elite group, I don’t see many of them having the interest to become an entrepreneur. Some of that is just nature. A friend of mine’s daughter turned down the job of head waitress vs. regular waitress because it would have been too much responsibility for her. She’s a college graduate, but she is really very comfortable just being a good waitress. (a creative server?) Another friend of mine is in a creative business and is talented. He could work on his own, but what he likes to do is the creative part, not the finding clients and dealing with them part. It’s his nature.
I agree. While we need entrepreneurs, not everyone is interested in becoming one. Many people would rather be comfortable being good at their jobs and forgo the aggravation that comes with having one's own business. I think quality of life is more important than quantity of money. If I were to invent a better mousetrap, I would probably sell the idea to someone who could do a better job of making, marketing and selling it than I could.
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