Earlier quoted context omitted.
Then what incentive would there be to start one, or to design a business model that will outlive said fixed time? Moreover, why don't the workers then just start the company in the first place?
>Then what incentive would there be to start one, or to design a business model that will outlive said fixed time? Outside investors could still recoup their initial investment + gains. Those who start, design, and execute the business will be gaining the shares over time as they are employees (although, I'm not sure this would still be the right nomenclature) of the business. How about this question, "Why should an…
I'm self-employed, my family history includes a fair share of entrepreneurs. Even so, saying you intend to start your own company is met with strong skepticism.
Trust me when I say, the thing stopping most workers from starting their own company is not just the lack of financial resources (as a matter of fact, I became self-employed without any savings to speak of and no financial support at all).
Although it's becoming increasingly less realistic, a lot of people still have the mentality that having a regular job provides financial safety and a guaranteed income while starting your own company creates a huge risk.