This gets said a lot, too, and I don’t think it’s any truer than what the OP is saying. Do people who say that ever have their own business? I mean a BUSINESS, not selling stuff off eBay.
I won’t deny that “working for yourself” gets you a bigger upside, to be sure, but that’s coupled with a massive increase in risk, and start-up costs.
Show me a guy who has two kids, a wife and a mortgage and let’s ask him to just start “working for himself” or “take this job right here with benefits and job security”.
I know so many people working for someone else who are getting paid 75,000-125,000 per year, putting money away, have a house, a family. None of them are going to be the next Bill Gates but they’re still getting ahead and doing it for someone else’s gain.
On the other hand. . .take my wife’s business. The last few years it’s been profitable, but it lost money for a few years. If we didn’t have a steady paycheck, it wouldn’t have gotten off the ground. People make it sound like it’s easy to just “Start your own business”. Like you just have an idea, take out a loan, and pretty soon you’re making money hand over fist.
My brother-in-law owns a sign company and commercial space. He’s at the shop 12 hours a day 6 days a week, and usually 4 hours on Sunday. He’s ALWAYS busy. He’s also in debt up to his ass, had to sell his house to move in with my in-laws, can’t seem to make a dime of profit. He has competition, huge costs. He has to bid on jobs.
And some of the “successes”. . .I know people who have rinky-dink store fronts in spaces they’re renting. . .businesses that wouldn’t break even if they had to pay a manager, guys who default on their bills, would be nearly out of business if one of their trucks broke down.
I know that you could give just as many examples the other way, but I’m just trying to say that it’s a big oversimplification to claim that “working for yourself” is the easiest way to get ahead. You don’t hear about the failures.