> It could put your personal dollar reserves in jeopardy.
> I do think it is unfair though to say that only the wealthy are entrepreneurs
Many people don't have personal dollar reserves to take that kind of risk in the first place. While you might argue that people who aren't wealthy have personal dollar reserves, I think that having enough money to be able to forgo income for long enough to get a business off the ground and live of savings is a pretty good definition of wealth
Are you repeating this trope because you really believe it or because it's convenient for your argument?
Being poor is expensive. Thinking about how to survive on the little money you have is stressful. Having a negative worth just to have housing is both. Those living paycheck to paycheck don't have another choice.
You can see from basic math that people living paycheck to paycheck, who aren't "poor" are spending a lot more money than they could. Half the population is doing it, and looking the income distribution it is clear that most of those people don't have to.
Edit:
You're applying an argument about the poor to people making middle quartile income, which doesn't make any sense at all.
> I do think it is unfair though to say that only the wealthy are entrepreneurs
Many people don't have personal dollar reserves to take that kind of risk in the first place. While you might argue that people who aren't wealthy have personal dollar reserves, I think that having enough money to be able to forgo income for long enough to get a business off the ground and live of savings is a pretty good definition of wealth