Being an entrepreneur requires more than vision. It requires action, and the courage to think differently, innovate, and persevere even in the face of failure.
Trading results in mutual gain. Comparative advantages allow us to specialize and cooperate in the division of labor, leading to prosperity and social harmony.
In a free market, profits incentivize and signal wealth creation. Losses show us that resources are being wasted and can be used in a valuable way elsewhere.