Can We Stop Taking Credit for the Success of Entrepreneurs?

ENTREPRENEURS FAIL. Entrepreneurs succeed. Yes, their ecosystem does play a role in both. But those who claim to have a role in the success of entrepreneurs will do well to remember that they have more to do with them failing than succeeding.

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In the socialist-approach policies that we have, especially with an aspirant free-markets capitalist economy, we have many examples of successful entrepreneurs – of various sizes of enterprises and scale. These individuals have risen, with varying levels of struggles, and despite all obstacles of outdated rules and laws, control-focused regulations and the over-zealous keepers. Their success does not necessarily mean that they have broken any of these rules and regulations. But it surely means that they spent more time in complying with these outdated rules of engagement, which have taken their attention away from their potential customers and newer markets.

Academic research over the years has shown that the conventional mechanism of bureaucracy has been to have control, or at least influence, over the citizenry. It has grown to believe that it needs to ‘approve’ of what citizens are doing. To a larger effect, more than the political class, the bureaucracy might have come to believe that the citizens need to kowtow to them. This parochial mindset turns even the simplest of procedures into an Olympic-sized maze through creative wordings. These procedures can be overcome, of course, if one approaches the bureaucracy through the right channels.