What if everyone in a society wanted and possessed the skills necessary (for simplicity's sake we knew for certain what these skills were) to be an entrepreneur, would it be possible?<p>At what population percentage (in your opinion) would the number of new ventures stagnate and the need for labor be too high?
Neat question. I don't think it'd be the need for labor as much as the need for ear plugs. Imagine if everyone around you was an entrepreneur trying to constantly solve every last problem in your work and personal life. How many pitches would you get a day? If all of them were even half as driven as a founder in a startup, people would hardly talk about anything else. It would be overwhelming and there would be 0 demand for most of these products and services.
There are ways to work together as independents replacing traditional labour relations, this is called 'stakeholdership'.<p>Like that you are not an employee, but an entrepreneur in your own right and your 'output' is rewarded entirely in shares in the profits (or turnover, dependent on the arrangement).<p>So, with that model you could theoretically approach 100% entrepreneurship.