Entrepreneurship is not limited to doing a tech startup. Also, going on your own is not worthwhile only for people with other comfortable options.
It is a pity that a PhD with such high credentials has such a narrow world view.
Edit: This article seems to be saying startups make sense when one has these desirable skills. In other words only start on your own if you are in a field where you need a difficult or highly prized degree. Well we all know where the highly desired financial engineering skills have led the economy.
The author is just risk averse. Which is OK. So a degree and other options - which are a hedge against startup failure - seem to him to be pre-requisites for going on your own.
It is a pity that a PhD with such high credentials has such a narrow world view.
Edit: This article seems to be saying startups make sense when one has these desirable skills. In other words only start on your own if you are in a field where you need a difficult or highly prized degree. Well we all know where the highly desired financial engineering skills have led the economy.
The author is just risk averse. Which is OK. So a degree and other options - which are a hedge against startup failure - seem to him to be pre-requisites for going on your own.