The Uncomfortable Math of Working for Yourself
9 hours ago
- #self-employment
- #entrepreneurship
- #career-advice
- Self-employment often means working more, not less, with thin financial margins and theoretical flexibility.
- Entrepreneurship is frequently romanticized by survivors, creating a biased narrative that ignores the high failure rate and stress.
- The median outcome of starting a business is uncertain returns, not guaranteed wealth or freedom.
- Joining a growing organization can offer stability, professional growth, and better odds of building wealth over time.
- Self-employment can be isolating, lacking the professional development and mentorship found in traditional employment.
- Investing consistently in index funds and real estate through a stable job often yields better long-term financial outcomes than entrepreneurship.
- The decision to start a business should be based on personal traits and realistic expectations, not guilt or societal pressure.
- Success can be achieved through traditional employment, with better boundaries and less risk than entrepreneurship.