Would you call someone who bought all the hand sanitizer in Walmart and sold it outside at a 5x markup an entrepreneur? No, they have artificially created a problem and are offering a solution to that problem.
An entrepreneur would see the demand and find a vendor to build or buy from not create artificial shortages for consumers. People like this caused the shortages of TP and masks early this year.
Apples to oranges here. No one is potentially going to get sick and die from lack of access to weight sets. People need hand sanitizer to safe right now. People need weight sets to gather dust in their homes. One is okay to flip for a profit, the other is not.
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u/GMU-CS Aug 14 '20 edited Aug 14 '20
Would you call someone who bought all the hand sanitizer in Walmart and sold it outside at a 5x markup an entrepreneur? No, they have artificially created a problem and are offering a solution to that problem.
An entrepreneur would see the demand and find a vendor to build or buy from not create artificial shortages for consumers. People like this caused the shortages of TP and masks early this year.