The attributes for entrepreneurs cut both ways. You need the ability to ignore inconvenient facts and see the world as it should be and not as it is. This inspires people to take huge leaps of faith. But this blindness to facts can be a liability, too. The characteristics that help entrepreneurs succeed can also lead to their failure.
All movements go too far, and this is certainly true of the movement toward subjectivity, which began with Luther and Descartes as an assertion of the individual and has culminated by an inherent logic in his complete subjection. The subjectivity of truth is a hasty doctrine not validly deducible from the premises which have been thought to imply it; and the habits of centuries have made many things seem dependent upon the theological belief which in fact are not so. Men lived with one kind of illusion, and when they lost it they fell into another. But it is not by old error that new error can be combated. Detachment and objectivity, both in thought and in feeling, have been historically but not logically associated with certain traditional beliefs; to preserve them without these beliefs is both possible and important. A certain degree of isolation both in space and time is essential to generate the independence required for the most important work; there must be something which is felt to be of more importance than the admiration of the contemporary crowd. We are suffering not from the decay of theological beliefs but from the loss of solitude.
Men fear thought as they fear nothing else on earth more than ruin more even than death. Thought is subversive and revolutionary, destructive and terrible, thought is merciless to privilege, established institutions, and comfortable habit. Thought looks into the pit of hell and is not afraid. Thought is great and swift and free, the light of the world, and the chief glory of man.
I had supposed until that time that it was quite common for parents to love their children, but the war persuaded me that it is a rare exception. I had supposed that most people liked money better than almost anything else, but I discovered that they liked destruction even better. I had supposed that intellectuals frequently loved truth, but I found here again that not ten per cent of them prefer truth to popularity.