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125. Entrepreneurship education and conspicuous consumption

Education Bookcast

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Is There More Biltshire in the World Erta I Should Recognize and Think About?

There's more biltshire in the world erta i should recognize and comes to terms with. Author says untrepenorial ventures are motivated by aspirations rather than personal resources or skill set. And then he says they stay on due to a combination of peer recognition, a distortion of market signals and identity,. So basically if people are giving you some kind of social proof that this is really a good idea, then you stick around. Es bacically means: "You're just going to keep pushing"

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