1. Salaried people demand very strict floors on their earnings. It's completely unrealistic in business. Imagine saying you won't open a toy store unless someon

1. Salaried people demand very strict floors on their earnings. It's completely unrealistic in business. Imagine saying you won't open a toy store unless someone guarantees that you will make at least $XX,000 in the first year (with guaranteed pay rises each year). 2. Coming up with good business ideas is hard. 3. Your wage in an office environment is strongly related to your ability to harm the bottom line by leaving, your ability to play politics, and your credentials. Your wage as an entrepeneur is entirely related to your ability to get customers to pay you or to get investors to invest in you. In my experience the two skill sets are negatively correlated. 4. In addition to being exposed to and responsible for the entire risk distribution, costs that a corporation spreads out over many people (incl. health insurance) are focused narrowly on an entrepreneur. Remember how you used to be able to make phone calls from the office and still be on the clock? 5. Lastly, hackers' skills are often complementary to other parts of a business but not sufficient to establish a new business with ≥ marginal value. {Sales ⋃ hackers} > {sales} + {hackers}. There are many good reasons to believe that hackers can make more money freelancing than working for a single company. Starting a new company is a totally different proposition.