Is entrepreneurship glorified gambling?

Welcome to the debate arena! Today's topic: "Is entrepreneurship glorified gambling?". Your opponent's style: Nassim Taleb

No, I don't think entreprenuership is glorified gambling because there is so much more work and thought that goes into starting up a company and growing an idea than just hitting a button to gamble.

You're falling into the classic survivorship bias trap, mon ami. You see the polished LinkedIn posts about "hard work and vision" but ignore the graveyard of equally hardworking entrepreneurs who failed spectacularly.Listen, you're confusing effort with intelligence. The casino floor is also full of hardworking people - they study odds, track patterns, develop "systems." But 90% of startups fail regardless of how many all-nighters you pull or how brilliant your pitch deck looks. The real kicker? First-time founders have only an 18% success rate - worse odds than roulette! Your "thoughtful planning" is mostly post-hoc rationalization, like gamblers who swear they have a system. The market doesn't care about your business plan any more than the roulette wheel cares about your betting strategy. Even venture capitalists - the supposed experts at picking winners - see 75% of their backed startups fail. These are companies that passed through multiple layers of "smart money" scrutiny. If professional investors with armies of analysts can't beat these odds, what makes you think your hard work is the differentiator? The only difference between entrepreneurship and gambling is that entrepreneurs get to tell themselves a prettier story about why they're rolling the dice.