More and more not smart and not educated people are in business all kind busines

[Mrbuck]

More and more not educated much and much smart people are in all kind of business.
It show's that now is easy then ever before dumb people to get money and wealth.

More and more we see how education and how smart someone is or even don't speak languages can do business with others.

That's why we have so many faulty services and products and you have to do hard research before buy or pay something for example market is full of builders who will just ruin up your home and you find out they don't even understood what they do, yet they have company with good credit score and trust score nice website and nice marketing but have no ideas how to do quality work.

You see more and more people in all kind of business when they really don't know what they are doing in reality.
Even so many travel agency services when they take your money and service is not good you get to the location you start to see issues.

I think we should have more some checks over services but off course in capitalism world bankers don't want to stop anyone to do business even If they are dumb because for banks and financial instutions it's all profit and money they make fees of transactions and of card payments.
The capitalism and free markets are good but same time bad
While they restrict btc and cryptocurrency so much but yet they let rubbish services and business to operate wich have so many complains that's not right.

[kotajikikox]

I think we should have more some checks over services but off course in capitalism world bankers don't want to stop anyone to do business even If they are dumb

There is nothing we can do to stop them. They have free will and they most probably have the money too. They might not even need to go through a bank to take out a loan because they might have the money to set up a business already.

They need to register their businesses and as long as it passes the required checks like safety or whatnot, then they are good to go. It is up to us to choose which ones we should avail. Be better at analyzing businesses.

[Gozie51]

You see more and more people in all kind of business when they really don't know what they are doing in reality.
Even so many travel agency services when they take your money and service is not good you get to the location you start to see issues.

This is the fault of the government. I believe that some government have failed in this duty of regulating establishment to know who and who are qualified to open certain businesses. Like for example you see some companies that didn't originally register for beverage business going into importation of it while they are suppose to be concerned with building materials. You see people who are having certificate of engineering establishing  companies that run on cosmetics without requisite knowledge, that is the problem in some countries. Money has become the ultimate unifying in most countries that whatever you do so long you have money to bribe your way out then you are good to go which is not right.

[mamesso]

A person's intelligence in business cannot be measured by how high their education is. Those who have no education may be more experienced than people who have only acquired theory in education. This phenomenon is very common, when uneducated people have money and the courage to get involved in business, then they will become the boss of highly educated people.

[BIT-BENDER]

It actually takes a smart person to sell you a faulty services so you can say their aren't smart, you actually should not blame the business man alone if you get any faulty goods but the manufacturer of those substandard goods and also the government that lets then keep running. Every country should have a body or institution that are in charge of making sure that substandard goods aren't in the market.

I don't know where you manufacture your statistics but it is not easy to do business now successfully especially now that the global economy is not as it use to be and many people are actually doing the same business or very similar.

[Spaceman1000$]

More and more not educated much and much smart people are in all kind of business.
It show's that now is easy then ever before dumb people to get money and wealth.

More and more we see how education and how smart someone is or even don't speak languages can do business with others.

That's why we have so many faulty services and products and you have to do hard research before buy or pay something for example market is full of builders who will just ruin up your home and you find out they don't even understood what they do, yet they have company with good credit score and trust score nice website and nice marketing but have no ideas how to do quality work.

You see more and more people in all kind of business when they really don't know what they are doing in reality.
Even so many travel agency services when they take your money and service is not good you get to the location you start to see issues.

I think we should have more some checks over services but off course in capitalism world bankers don't want to stop anyone to do business even If they are dumb because for banks and financial instutions it's all profit and money they make fees of transactions and of card payments.
The capitalism and free markets are good but same time bad
While they restrict btc and cryptocurrency so much but yet they let rubbish services and business to operate wich have so many complains that's not right.

You did not give empirical explanation of the kind of dumb people you're talking about that are into business, business is for everybody hence you have the business acumen and the expertise, you can venture into it, if anybody opens a business and the person according to you is dumb, it means he or she would be the one to suffer losses, however I know that there are some persons that are not too good with some kind of business hence they have to hire the services of an expert.

One thing you must recognize is the fact that some people that are too educated and smart are not always interested in going to business, they are either looking for White collar jobs that might suit their expectation, this is not to say that there are no smart persons in business, but people that are not too smart after opening the business learn from their mistake and try to make adjustment over time, business for me is not for a certain group of persons, you can learn a trade and become an expert on it no matter how dumb you are.

[jaberwock]

I think we should have more some checks over services but off course in capitalism world bankers don't want to stop anyone to do business even If they are dumb

There is nothing we can do to stop them. They have free will and they most probably have the money too. They might not even need to go through a bank to take out a loan because they might have the money to set up a business already.

They need to register their businesses and as long as it passes the required checks like safety or whatnot, then they are good to go. It is up to us to choose which ones we should avail. Be better at analyzing businesses.

There is nothing we can do to stop them from starting a business, but there is something we can do to make their business bankrupt. That is done by social media, if you ever face a problem with any company, do not be afraid to put it online, with proof, that way people would know what kind of terrible place it is, and when they want to do a business with them, they would search online, google their name, and your complaint will show up, and if everyone does that, then a bad place would have hundreds of complaints and nobody would want to work with them and that would make the business bankrupt.

This is how we can stop them from keep scamming people or offering terrible service, by giving our complaints online to everyone.

[Dailyscript]

It actually takes a smart person to sell you a faulty services so you can say their aren't smart, you actually should not blame the business man alone if you get any faulty goods but the manufacturer of those substandard goods and also the government that lets then keep running. Every country should have a body or institution that are in charge of making sure that substandard goods aren't in the market.

I don't know where you manufacture your statistics but it is not easy to do business now successfully especially now that the global economy is not as it use to be and many people are actually doing the same business or very similar.

Very true buddy. For someone who is dumb to sell a bad product to a buyer successfully without the buyer noticing is as a result of two things. Its either they careless on what they are buying or they are not paying close attention to things. Although some sellers can be very tricky when they know the good if bought cannot be returned. But that is not a good way of doing business, in the end i can say they are foolish because no one return to buy anything from them again. They will lose customers faster than other trustworthy buyers.

[HajiBagi]

A person's intelligence in business cannot be measured by how high their education is. Those who have no education may be more experienced than people who have only acquired theory in education. This phenomenon is very common, when uneducated people have money and the courage to get involved in business, then they will become the boss of highly educated people.

It is not by being educated or knowing how to speak languages you can do business, currently, people who are not educated are more in business than those who are educated because they are the ones who take their business seriously and they work hard, some of us that are educated always think we are smart and we are looking for a better job and those who are not educated are learning and having some skills on how to build their business and win the hearts of customers.

Talking about knowing how to speak languages, if you look at people who are doing business these days including those who have shop and in the market, those who can speak many languages are not much, as far as you can know how to demonstrate to customers then you are free to open a business, although it is very good to be educated because it helps but I don’t think those who are not educated can be affected in their business because they are not educated.

[Cryptohygenic]

I think we should have more some checks over services but off course in capitalism world bankers don't want to stop anyone to do business even If they are dumb

There is nothing we can do to stop them. They have free will and they most probably have the money too. They might not even need to go through a bank to take out a loan because they might have the money to set up a business already.

They need to register their businesses and as long as it passes the required checks like safety or whatnot, then they are good to go. It is up to us to choose which ones we should avail. Be better at analyzing businesses.

You are right. There is nothing anyone can do to stop anyone from doing their businesses to earn money after all we are all humans in need.
The only restriction limited people should encounter is industrial productions where the quality of products has to be confirmed my approval sector of authorities to make sure fake products does not flow through the market.
Even without being readability, you can still be Smart and creative to handle or develop better opportunities which you can even be qualified to loan from the bank when need be.
If they have their own money too, that is better for them while their endeavors is at their own risks. But If the kind of business seeking to do is regulated and strickly on certificate qualifications, there they can be denied from it.

[coupable]

I don't see anything that can be done to avoid these situations, since anyone without academic or legal qualifications can allocate huge budgets to establish a service company in any field. A few simple steps before choosing a product or service are essential to avoid such situations. It's always best to work with reliable service providers who have a good track record of customer trust, as this is the only guarantee of the integrity of any service.

Generally, these mistakes are made by incompetent people at the beginning of their business experience, but they quickly notice the problem, whether through customer complaints or personal observations. They will hire someone who does the job better or gain experience over time. To open a medical clinic, you must be a legally recognized doctor by regulatory institutions. However, if you want to launch a comprehensive clinic, all you need is a solid budget capable of covering the costs, including hiring doctors and staff.

[goldkingcoiner]

More and more not educated much and much smart people are in all kind of business.
It show's that now is easy then ever before dumb people to get money and wealth.

I think that the uneducated have no talent for business, but they can always learn new things and become educated... Anyone who possesses high social and logic intelligence will more likely have a successful business. But there is no guarantee.

[Josefjix]

Where I come from, the uneducated ones are the smartest in doing business, they are the ones employing the educated gurus to work for them and even representing them in the business meeting with other business tycoons in another nation because they the owner cannot express themselves explaining the nature of their products to the public.

It's not that they are dumb, they are knowledgeable in doing business, they understand the pains and gains from business and know what it means to conduct sales, diversify profits and even cut some percentages for marketing and promotion, they know all these but can't express themselves in English language, and so they need other people to help them do that.

[Botnake]

Anyone can build a business and be responsible of its own progress. And we can’t stop them from doing that. But what the government can do is to offer free mass education on how to improve their businesses that would bring massive profits for them. That way, the people will also benefit of their products and services.

Business is not limited only for rich and educated individuals. There should be clear balance and transparency for all. Otherwise, the country’s economy will never gain production and positive financial status that would even benefit the top officials sitting in the government.

[franky1]

many employers want potential employees to have some level of educational even for entry roles. this can be discriminatory/a barrier for people with bad mental performance/disability

those that want to earn an income then have to do it alone, start up their own business and work for themselves, which can come with its own learning curve as they learn as they go
there are already some checks and laws that protect consumers against fraudsters and those that cause losses to customers. customers can take businesses to court, or use consumer protection agencies if the business has failed them legally.

starting a business is a learning curve and that shows in the statistics of small businesses that fail in their first year. but we should not be trying too hard to initiate barriers of entry of starting a business.. EG making it illegal for a kid to open a lemonade stand outside their house
we should actually reduce barriers of entry so that anyone can take their hobby and interest and turn it into a business

what should happen is that schools should teach better skills to allow people to know the basics. such as money management, basic sales of goods rights/responsibilities, which can benefit both business startups and customers

instead of preventing start-ups under the false guise of consumer protection. governments should actually have better consumer protections to allow businesses to run but have penalty for failures, where consumers have easy access to resolve issues and ensure issues dont repeat for businesses that had issues

[slapper]

What we’re seeing isn’t just dumb people with websites. It’s the democratization of access mixed with the absence of filters. When barriers to entry collapse (thanks to tech, fintech, platforms-as-a-service), you get everyone on the field. That includes hustlers with no skill, but also geniuses who would’ve been locked out of the game 30 years ago

But yeah, it also means a ton of noise. Capitalism doesn’t optimize for quality; it optimizes for scalability and profit extraction. You want higher standards? That’s regulation. But regulation slows growth. And no VC or bank wants slower growth. So what do we get? A market where “looking competent” is more valuable than being competent until the customer calls support and realizes the product is hot garbage

We think we could keep the doors wide open and somehow maintain high trust without enforcing harder checks. You can’t. In systems theory, that’s entropy. And in economic logic, it’s the market’s way of testing attention, not wisdom. So yes, research is survival now. But it’s competition without training wheels

Crypto gets the leash because it threatens the monetary layer. Bad builders don’t. They just generate transaction fees. So is this a quality crisis, or just the natural cost of letting anyone press “Launch Business”

[moneystery]

...

You see more and more people in all kind of business when they really don't know what they are doing in reality.
Even so many travel agency services when they take your money and service is not good you get to the location you start to see issues.

...

it is a phenomenon nowadays where many people jump into the business world and hope that they can make big money by doing the little experience they have. these people do not know what they are doing, but they still open the business and hope that over time they can improve the business they have.

the government's mistake as a regulator is not being able to filter business people like this. they open the market too much to everyone without strict regulations. and what happens is that everyone comes in and does business but does not have professional management or adequate experience. in the end, the consumers are the ones who are harmed because they do not get the service they expect due to the lack of credibility and responsibility of these business people, and the absence of strict control from the government.

[Powerjumboo]

A person's intelligence in business cannot be measured by how high their education is. Those who have no education may be more experienced than people who have only acquired theory in education. This phenomenon is very common, when uneducated people have money and the courage to get involved in business, then they will become the boss of highly educated people.

Yes, it is true that a person's intelligence in business cannot be measured by the level of his higher education. A poorly educated person may be less educated in terms of education but he may have a lot of knowledge in the field of business and can manage the business with his knowledge. There are many knowledgeable people who, despite receiving higher education, cannot be like a poorly educated experienced businessman. So, in the field of business, where experience is more needed, there is no problem even if you are poorly educated. However, to run a country, educated people are definitely needed. An educated person can run the country very well. In this case, a country can never be run by poorly educated people and should never be run.

[michellee]

Research will be necessary before deciding to choose some services or doing something. Without research, we will only get a wrong thing that can disappoint us. We can't let ourselves get in their trap and take our money so we must be wise and smart by research all things related to that. Even if we are not well educate, we can still research as we can so we can choose the right thing for us and avoid the wrong thing.

The government and all services provider out there offers their services but we have a choice to research before we decide. So we don't have to pick randomly but we search for all info that we need. That will help us to pick the right.

[Wexnident]

~

Just goes to show how the internet made it really accessible for knowledge, so everyone can try it if they have the capital, and it also shows that business isn't for everyone lol. Also didn't help how a lot of influencers who showcase their job-related stuff make it seem really easy, so people just go with the heck of it and offer it as a service since they "watched" how to do it already. At this point professionalism is a joke on some sectors of jobs.

I'd 100% agree with having necessary checks before businesses are able to register themselves. It's just a guarantee that governments should willingly do since if not, the damages are born by the consumers themselves.