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Having just started my own company, I think part of the problem is regulatory burden. Dealing with the government is an exercise in kafkaesque madness. I tried
by jbob2000 11y ago
Having just started my own company, I think part of the problem is regulatory burden. Dealing with the government is an exercise in kafkaesque madness. I tried filing my small company's taxes last year and I will never do that again. I swear, accountants make up all this bullshit just to keep themselves employed.
But you get through it. And then your competitor calls the fed on you with an anonymous tip that you are violating some obscure industry-specific regulation. Cue two weeks of quadruple checking your stuff before the investigators come. Then a patent troll knocks on your door 3 months later and demands $50,000. All of that to eek 2% out of a market to make exactly what you'd get if you had a day-job.