You don't need a million dollars

there is a clear bias towards one-shot-huge-market tech startups, primarily fuelled by the VC industry who needs to generate business for themselves, that is why they "push" so many people for a riskier "now or never" mindset. for investors, the more, the merrier. (note that a we do not "need" VCs to spark innovation. innovation comes from capable and knowledgeable teams, not capital.)

the current tech wave is just another, faster-paced, industrial revolution. many brick and mortar entrepreneurs in the past have created great small, medium and large business without the need of external financing. and this happened during a time when barriers of entry (including capital needs) where much higher. many of these brick and mortar entrepreneurs created for themselves and their families a stable life, technology startups are no different.