I strongly disagree with this idea. And the romanticizing of of the "maybe joined the army, married young" path. For one, the world is a little different now th

I strongly disagree with this idea. And the romanticizing of of the "maybe joined the army, married young" path. For one, the world is a little different now than when this path was normal - things are mass produced and menial jobs are outsourced to third-world countries, work that doesn't require specialized training is being automated. You can't open a mom and pop retail store around the corner and expect to survive in the age of Amazon and Walmart. It's also more expensive than ever to start a business - healthcare costs are through the roof, and big businesses have managed to finagle tax breaks that you won't get. Also since OPs comment was referring to the businesses started by those with master's degrees and higher, factor in student loans which have skyrocketed (increasing the risk you're taking on). Also, factor in housing costs in cities, which is where you need to be if you want to start something niche and technical. The fact is economic incentives are set up so that it's just way way more beneficial for a 25 year old to join a big company than to start their own (and definitely more so than joining someone else's startup...which makes hiring for startups harder - and round and round it goes). You can reply with polemics about the joys of working for yourself etc., but clearly there must be a point where the financial beating you take from doing so makes it not worth it. To me, this data indicates that we have reached that point.