Another reason people don't work on big projects is, ironically, fear of wasting time. What if they fail? Then all the time they spent on it will be wasted. (In fact it probably won't be, because work on hard projects almost always leads somewhere.)

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Quote text and notes from Wikiquote: Paul Graham (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.