I wish I had a link to the report, but the Canadian government did a study where they showed exactly what your intuition told you. Even successful entrepreneurs

I wish I had a link to the report, but the Canadian government did a study where they showed exactly what your intuition told you. Even successful entrepreneurs had notoriously big debt loads in the early years. We're not talking double the average, but sometimes 4-5x that of salaried folks. Of the unsuccessful ones, a significant chunk went bankrupt due to their high levels of debt.