PPRuNe Forums - View Single Post - Why do so many people try to start an airline ?
Old 11th Feb 2024, 00:17
  #34 (permalink)  
TheSpiddalKid
 
Join Date: May 2021
Location: Manchester
Posts: 27
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by jmdavies86
He wasn't flying to a ski trip, although the rest of what you say is correct; Branson explains how the idea of starting Virgin Atlantic came about here.

To address the more fundamental question as to why so many people try to start an airline, I'm reminded of a quote by another famous entrepreneur, Steve Jobs: “The people who are crazy enough to think they can change the world are the ones who do.”

So, the answer is fairly simple, perhaps we're just a bit crazy...?!
This plays in well with the finance theory of the greater fool. The idea that to invest in this way takes some hubris from the investor to believe they can succeed where others failed. Although Greek mythology will tell us that where hubris isvpresent then nemesis will strike.
TheSpiddalKid is offline