The crazy thing is that as a business owner (GmbH/AG) you can’t even move to another EU country any more since 2022. As the owner of such a company it feels like I have become a slave of the government.
- enjoy owning and managing a business
- do think that owning and managing a business should come with the same compensation as any other dayjob (hairdresser or whatever)
Let's say you can make $80,000 as a hairdresser. You are seriously proposing that someone who takes all of the risk of
* Renting their own hair salon,
* Building up their own clientele,
* Taking out loans to purchase hair dressing equipment, and
* The thousand other things the business owner has to do in addition to actually dress hair themselves,
should walk away with the same amount we the person who just gets hired to dress hair.
No one would ever start a legal business under such a regime. It's all downside! Which is why you never see people actually owning and running businesses (successful ones at least, and most unsuccessful ones too) with the mindset you describe.
I'm not saying that being an entrepreneur isn't a good way of making money in certain circumstances, but I think that starting any brick-and-mortar business is barely viable compared to persuing a white-collar career where one's final salary would dwarf the value of even the most successful hairdressing enterprise.
TLDR; the promise of money alone cannot motivate someone to become an entrepreneur.
The way the system works is people who create unfathomable amounts of wealth get to keep unreasonable amounts of it. If that link is broken, they'll stop at creating a reasonable amount of wealth and then everything grinds to a halt. If someone is in a situation where they are doing a good thing they should have every incentive to keep going and not stop.
And we may be better off as a society? The problem with greed is that it can be very destructive and has high costs for the society and environment. Thus, how much greed is constrained is in the end kind of a social contract.
It’s like rolling a 50/50 coin where your payout is 0 or 100%. Why would you play if there is only downside?
Ironically some of the biggest european companies are related to luxury items.
Why take all that risk, for no additional reward?
If the business fails, is the gov’t going to keep paying them like a hairdresser or whatever?
An incentive for entrepreneurs?
It can help kickstart a stagnant economy.
The economy is stagnant for a reason. At some point, the juice isn’t worth the squeeze.