It takes an outsider like me to understand the true value of the American way of life.
I speak from experience after having lived and worked in USA,Canada and Greece.
No other country has yet achieved what America has,well i dont think any country ever has achieved it.
Most people think that America is all about success.
Nop,that is simply not true.In fact america is all about failing.yes,FAILING.
Most people people dont ever get the chance of failure but most americans take it for granted.
Steven S Rogers prof at Harvard published a study that shows that most entrepreneurs fail 4 times before succeeding.
Success takes
TIME
HARD WORK
LUCK
In most countries 1 failure means the economic disaster for an everyday individual who does not come from money.
The best quality americans have.
They learn from the mistakes,dont blame others and do better next time.
And the best thing is that they are given a second chance.
FROM THE OUTSIDE,LOOKING INTO AMERICA,I CAN DO NOTHING BUT ADMIRE IT.
Why do you think that the best entrepreneurial minds from around the world migrate to Sillicon Valley or NY ?
There is money.
There is opportunity
There is fertile ground to innovate.
AMERICA IS DIFFERENT AND I LOVE "HER" FOR IT
This marks the beginning of a series about America.A series meant to educate people.
I live in America and I want my 2nd and 3rd chances... It's my right!
Cant remember what movie that is from, but I cant forget the line.
Good post.
i currently live in Greece,believe me,second chances are more important than anyone thinks,only when it is taken from you you will understand this
The way American banks can finance people to do business is simply mind-boggling for global standards. And, most of the time, there is no repercussions for failing.
USA: You don't have a home. You get a 100k loan and buy a home. You can't pay the loan. Bank takes the home, and you are off the hook.
Greece: Bank takes the home and you still owe the money. For life. Any other assets you have are confiscated. Same for small businesses owners that take a small loan and go bust, losing cars, homes, etc. Of course the difficulty in obtaining a loan is tremendously higher - almost impossible.
Yet with all this "easiness" of making business with borrowed money, the US has created a bubble economy which is reliant on credit. The bubble will be preserved for as long as there is no huge liquidity crunch.
having experienced both sides i totally agree.this is the reason for the greek "brain drain"
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