I agree with you, but I think it's more dire than what you are painting. I'd rephrase something more like this:
People fresh out of college (most of whom are already carrying a 5-figure debt) don't have $60k to live off of for the 18-months before they (might) turn a profit.
I've been around VERY few businesses that were profitable at 6 months. Either you are digging out from the high initial capital costs (like a restaurant) or you're actually having to build the thing you want to sell. Going from inception to profitability in 6 months would be, at least by my estimation, remarkable.
Building products and launching services takes time. If we want to encourage entrepreneurs, we should be focused on getting them over those initial hurdles.
People fresh out of college (most of whom are already carrying a 5-figure debt) don't have $60k to live off of for the 18-months before they (might) turn a profit.
I've been around VERY few businesses that were profitable at 6 months. Either you are digging out from the high initial capital costs (like a restaurant) or you're actually having to build the thing you want to sell. Going from inception to profitability in 6 months would be, at least by my estimation, remarkable.
Building products and launching services takes time. If we want to encourage entrepreneurs, we should be focused on getting them over those initial hurdles.