Does the concept of ramen profitability

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Does the concept of "ramen profitability" suggest that only a few individuals who have the patience and fortitude of living frugally are cut out to be entrepreneurs? Or is this concept only related to industries with low fixed overhead costs? If both points have some validity are individuals with different talent sets attracted to specific industries for their start up companies? What do you think?

Reference no: EM131646536

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