And we know how to do it. We know what paths we have to take. We know how to write business plans. We know how to get the money, we know how to form a team, we know how to hire and fire. In this economy, you can have a failed startup and that's valued, because hopefully you've learned lessons, and the next time around you can do it much better.
People applaud attempts at entrepreneurship.
Also, compared with the '70s, capital costs are really low, and so it doesn't cost a lot to start something up. The Internet and technology take the cost even lower. So if you fail, people say, O.K., maybe there was something wrong with your idea or the timing or whatever, but ultimately, they recognize that that person was able to juggle a lot of things and is very marketable. I've got my wife, a daughter. If a great idea comes along, I will think about it seriously.