Startups: A Path to Wealth Creation

Startups have been a reliable way to get rich throughout history and involve technology, often solving hard technical problems. By compressing a whole working life into a few intense years, startups offer a way to create wealth quickly. The economic proposition lies in the ability to be significantly more productive than in a traditional corporate job. The multiplier effect includes working longer hours, eliminating hierarchical inefficiencies, and being smarter than expected. Working in a startup provides an opportunity to be 36 times more productive than in a random corporate job. While startups require hard work, they represent a point at the far end of the wealth creation curve.