What you say sounds intuitive to me at first, but as of now I would say that rationality training may boost start up success rates up just a little.
Here is some reasons why rationality might not matter that much:
People tend to be a bit more rational when it counts, like making money. So having correct beliefs about many things doesn’t really give you an edge because the other guy is also pretty rational for business stuff.
Well, at this point we’re weighing anecdotes, but..
Yes! They do tend to push their rationality to the limit. Hypothesis: knowing more about rationality can help push up the limit of how rational one can be.
Yes! It’s not about rationality alone. Persistent determination is quite possibly more important than rationality and intelligence put together. But I posit that rationality is a multiplier, and also tends to filter out the most destructive outcomes.
In general, I’d love to see some data on this, but I’m not holding my breath.
Agreed. Interestingly, the latest post in main points to evidence supporting rationality having a significant relation to success in the work place – not the same as entrepreneurship, nonetheless I update slightly more in favor of your position.
What you say sounds intuitive to me at first, but as of now I would say that rationality training may boost start up success rates up just a little.
Here is some reasons why rationality might not matter that much:
People tend to be a bit more rational when it counts, like making money. So having correct beliefs about many things doesn’t really give you an edge because the other guy is also pretty rational for business stuff.
self-delusion, psychopathy, irrationality, corruption, arrogance, and raw driven determination, have good if not better anecdotal evidence of boosting success than rationality training I think.
Well, at this point we’re weighing anecdotes, but..
Yes! They do tend to push their rationality to the limit. Hypothesis: knowing more about rationality can help push up the limit of how rational one can be.
Yes! It’s not about rationality alone. Persistent determination is quite possibly more important than rationality and intelligence put together. But I posit that rationality is a multiplier, and also tends to filter out the most destructive outcomes.
In general, I’d love to see some data on this, but I’m not holding my breath.
Agreed. Interestingly, the latest post in main points to evidence supporting rationality having a significant relation to success in the work place – not the same as entrepreneurship, nonetheless I update slightly more in favor of your position.