In fact half the people I meet in beach clubs in St Tropez / Marbella are doing exactly this: one year it’s crypto, then an Amazon brand, then an AI lead-gen agency, then solar panels or some subsidised renovation business.
Make €1m here, €2m there, shut it down when the margins disappear, spend six months travelling, then come back with the next “coup.”
I used to think this was just unserious entrepreneurship, but some of them have become genuinely very good at it. Their real business isn’t crypto, AI or solar panels. It’s being early.
They spot a new distribution channel, regulatory distortion, shortage or wave of hype before everyone else, build something around it very quickly, then leave before the market gets crowded.
There’s no attachment to the product or industry because the company is only the vehicle. What actually compounds is the cash, contacts, execution speed and instinct for where the next trade will be.
The old founder wanted to build one company that would outlive him.
The new one wants enough wins that he never has to depend on one company at all.
Gen Z entrepreneurship increasingly looks like running a portfolio of asymmetric coups rather than betting everything on one serious, long-term project.
One month it’s an AI wrapper. Then a TikTok Shop product, a viral food trend, or buying scarce inventory during a shortage and renting it back at triple the price. In Europe you can also trade the state: find the latest subsidy, regulation or public failure and put yourself in the middle.
Build the website over a weekend, extract as much as possible while the window is open, then abandon it as soon as the trade stops working.
It’s basically entrepreneurial day trading. Low commitment, limited downside, permanent optionality and a small chance one bet makes you rich.
And honestly, it’s rational. Why spend ten years committing to one difficult company when AI lets you place ten cheap bets per year and one winning bet can make you rich?