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Being laid off and unplanned entrepreneurship

deepsouthventures.com

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Re: Being laid off and unplanned entrepreneurship

#91
post #80

Earlier quoted context omitted.

> but also good health insurance. I'm always amazed how blatantly clear it is that having health insurance tied to employment specifically discourages this kind of entrepreneurship, and the ability to "strike out on your own". Literally handcuffs keeping people at their jobs.

On the other hand startup culture and entrepreneurship are much more common in the US, compared with the EU. But the latter does not tie health insurance to employment, in most countries. Probably other factors are more important.

I don't think so. I think it means other factors are also very important.

I think both things are true, that we're getting a bunch of things right toward a successful entrepreneurial culture, but are also getting this one thing massively wrong and leaving a huge amount of further potential on the table!

Re: Being laid off and unplanned entrepreneurship

#92
post #90

Earlier quoted context omitted.

Doesn't mean Universal Healthcare wouldn't be a net win for entrepreneurship. We should unlock all barriers to entry that we possibly can

Universal Healthcare in the US will negatively impact entrepreneurship.

Why?

Re: Being laid off and unplanned entrepreneurship

#93
post #80
post #71

Had an epiphany like this after an earlier startup project failed, which my cofounder and I had tried to do following the formulaic approaches advocated by various accelerators, investors, and experts (often people with zero experience running a startup, but had been involved as angels after BigCo stock options vested, and then got into mentoring local accelerators). I hated the startup theater, pitching, networking,…

> but also good health insurance. I'm always amazed how blatantly clear it is that having health insurance tied to employment specifically discourages this kind of entrepreneurship, and the ability to "strike out on your own". Literally handcuffs keeping people at their jobs.

This is the whole point.

Re: Being laid off and unplanned entrepreneurship

#94

Earlier quoted context omitted.

On the other hand startup culture and entrepreneurship are much more common in the US, compared with the EU. But the latter does not tie health insurance to employment, in most countries. Probably other factors are more important.

Doesn't mean Universal Healthcare wouldn't be a net win for entrepreneurship. We should unlock all barriers to entry that we possibly can

It's a net win for everyone except the middlemen.

Re: Being laid off and unplanned entrepreneurship

#95
post #82
post #80

Earlier quoted context omitted.

> but also good health insurance. I'm always amazed how blatantly clear it is that having health insurance tied to employment specifically discourages this kind of entrepreneurship, and the ability to "strike out on your own". Literally handcuffs keeping people at their jobs.

Yep. I’ve been saying for awhile now that universal healthcare would likely lead to one of the biggest small business booms ever. Not only does it help people strike out on their own, but makes easier/cheaper for them to hire.

On the other hand, it would make it harder for big business to retain talent.

Re: Being laid off and unplanned entrepreneurship

#96
post #80
post #71

Had an epiphany like this after an earlier startup project failed, which my cofounder and I had tried to do following the formulaic approaches advocated by various accelerators, investors, and experts (often people with zero experience running a startup, but had been involved as angels after BigCo stock options vested, and then got into mentoring local accelerators). I hated the startup theater, pitching, networking,…

> but also good health insurance. I'm always amazed how blatantly clear it is that having health insurance tied to employment specifically discourages this kind of entrepreneurship, and the ability to "strike out on your own". Literally handcuffs keeping people at their jobs.

What are some good examples of countries with a different healthcare policy and more entrepreneurship, small businesses, and/or craftspeople than the USA?

Re: Being laid off and unplanned entrepreneurship

#97
post #80
post #71

Had an epiphany like this after an earlier startup project failed, which my cofounder and I had tried to do following the formulaic approaches advocated by various accelerators, investors, and experts (often people with zero experience running a startup, but had been involved as angels after BigCo stock options vested, and then got into mentoring local accelerators). I hated the startup theater, pitching, networking,…

> but also good health insurance. I'm always amazed how blatantly clear it is that having health insurance tied to employment specifically discourages this kind of entrepreneurship, and the ability to "strike out on your own". Literally handcuffs keeping people at their jobs.

Alright here are three health care reforms that we could implement without going all the way to Universal Health Care:

1. Anyone who pays cash for a procedure should pay a price that is no more than the lowest price that any insurance company has negotiated for the same service.

2. Anyone who buys a health care plan from the marketplace should get a price that is no more than 10% higher than the cheapest negotiated price any company pays for the same plan.

3. Anyone should be able to deduct the cost of health care for income tax purposes, not just companies that buy health insurance for their employees.

Re: Being laid off and unplanned entrepreneurship

#98
post #82

Earlier quoted context omitted.

Yep. I’ve been saying for awhile now that universal healthcare would likely lead to one of the biggest small business booms ever. Not only does it help people strike out on their own, but makes easier/cheaper for them to hire.

On the other hand, it would make it harder for big business to retain talent.

You mean they would have to offer a good job with competitive wages, enjoyable work conditions, good benefits (mat leave, paid time off, sick pay, etc.) and a good career path?

Re: Being laid off and unplanned entrepreneurship

#99
post #97
post #80

Earlier quoted context omitted.

> but also good health insurance. I'm always amazed how blatantly clear it is that having health insurance tied to employment specifically discourages this kind of entrepreneurship, and the ability to "strike out on your own". Literally handcuffs keeping people at their jobs.

Alright here are three health care reforms that we could implement without going all the way to Universal Health Care: 1. Anyone who pays cash for a procedure should pay a price that is no more than the lowest price that any insurance company has negotiated for the same service. 2. Anyone who buys a health care plan from the marketplace should get a price that is no more than 10% higher than the cheapest negotiated p…

Those are fair. But why impose them through regulations?

Entrepreneurs see business potential on this arbitrage opportunities.

Re: Being laid off and unplanned entrepreneurship

#100
post #82

Earlier quoted context omitted.

Yep. I’ve been saying for awhile now that universal healthcare would likely lead to one of the biggest small business booms ever. Not only does it help people strike out on their own, but makes easier/cheaper for them to hire.

On the other hand, it would make it harder for big business to retain talent.

This is a feature, not a bug.
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