Founder from Europe here. When I made my decision to go self-employed most people and relatives thought I was foolish. The more so, the lower your/their social

Founder from Europe here. When I made my decision to go self-employed most people and relatives thought I was foolish. The more so, the lower your/their social class or status is. I too relate this mindset to our safety net. But: The upside of being employed is very little risk of anything and a lot of paperwork/bureaucracy is done for you (Healthcare, unemployment insurance, retirement, accidents, your taxes etc). You'll pay a hefty premium for being employed but then again most others do too. So going self-employed is not just a bad deal in terms of risk it is also bad in terms of non-income related extra-work you have to take on.