The top 1 percent have accrued 52 percent of the real income growth in America since 2009. - Andrew Yang

Relationships have changed as well. Gender imbalances on many campuses — women now outnumber men 57 percent to 43 percent in college nationally — have helped lead to a “hookup culture” that erodes a sense of connection. One in three students say that their intimate relationships have been “traumatic” or “very difficult to handle,” and 10 percent say that they’ve been sexually coerced or assaulted in the past year. The academic Lisa Wade describes an environment where the prevailing norm is to downgrade your partner for days afterward to make sure that they don’t “catch feelings.” What was a couple generations ago an environment to find love and maybe even a partner is now a place where you prove yourself detached enough to ignore someone the next day.

great. This is a good description of Rovio, which was around for six years and underwent layoffs before the “instant” success of the Angry Birds video game franchise. In the case of the Five Guys restaurant chain, the founders spent fifteen years tweaking their original handful of restaurants in Virginia, finding the right bun bakery, the right number of times to shake the french fries before serving, how best to assemble a burger, and where to source their potatoes before expanding nationwide. Most businesses require a complex network of relationships to function, and these relationships take time to build. In many instances you have to be around for a few years to receive consistent recognition. It takes time to develop connections with investors, suppliers, and vendors. And it takes time for staff and founders to gain effectiveness in their roles and become a strong team.* So, yes, the bar is high when you want to start a company. You’ll have the chance to work on something you own and care about from day to day. You’ll be 100 percent engaged and motivated, and doing something you believe in. You can lead an integrated life, as opposed to a compartmentalized one in which you play a role in an office and then try to forget about it when you get home. You can define an organization, not the other way around. But even if you quit your job, hunker down for years, work hard for uncertain reward, and ask everyone you know for help, there’s still a great chance that your new business will not succeed. Over 50 percent of companies fail within their first three years.2 There’s a quote I like from an unknown source: “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.

America is starting 100,000 fewer businesses per year than it was only 12 years ago, and is in the midst of shedding millions of jobs due primarily to technological advances.