Sadanand and Matt,
Ok, I was a little off by talking about nepotism at work place in stead of enterprenuership. But I did not say Americans did not take risks. There are many things I have learned by being in the US and living with the Americans, one of which is just that- taking risks. Also, I was not comparing American workplace to Indian. Having left India real young, I have never worked in India. So, I wouldn't know the nepotism there. Even though I wouldn't doubt that it would be worse there than in the US.
I am not discouraged by my life in the US, I am having a lot of fun. What I am discouraged by is the politics at the top, they do exist even in the US. So, if you want to work for someone else, it is pretty difficult especially if you are ambitious.