I can certainly see the entrepreneurial aspect of being a professor -- managing a lab, hiring and firing people, and sourcing funding, and I don't disagree that professors are there to inspire the next generation. However, there is still a part of me that feels professors have that "safety net". Tenured professors are paid a monthly salary by the university, and often times at / above industry (that's true at least i…
For first-time entrepreneurs I agree, but there are a lot of "serial entrepreneurs" who sold a company for multi-millions, and are now founding new companies. Millions in the bank definitely seems like a big safety net that insulates you from most real-world risk...