It's hard because as you grow, you need to pay out lots of taxes, an aggressive amount benefits to employees, and in many parts of Europe, negotiate with unions

It's hard because as you grow, you need to pay out lots of taxes, an aggressive amount benefits to employees, and in many parts of Europe, negotiate with unions (which includes all of the above and more). All of this money goes out to other things instead of growing your business. The end result is very large companies (usually with an HQ in another part of the world) and governments that create all of the jobs. This is exactly what happens in many of Scandinavian countries.