Im not sure new entrepreneurs quite appreciate the gravity of having family livelihoods dependent on your decisions.

The toll is also much worse in developing nations where the demand in the job market is low. Business failure then could mean people being long-term or permanently out of work.

Entrepreneurship is a massive driver of employment in developed markets (especially VC backed). Ironically, entrepreneurs in developing markets may be dissuaded from employing so not to carry this risk.