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The key caveat is here is that changing circumstances does not mean easily reproducing the exact results from path A to B. If someone is working at a prominent
by siruncledrew 5y ago
The key caveat is here is that changing circumstances does not mean easily reproducing the exact results from path A to B.
If someone is working at a prominent company, and (for example) making $200k while their employer is making $500k in revenue per employee, that's the personal output($) : input($) value ratio in the context of that job environment.
Shifting to working for yourself doesn't mean immediately realizing that $500k monetary value equivalent for yourself instead. It depends on the business, business model, clients, capital, sales, operations, growth, etc, etc.
In what I've observed from some colleagues that have done both, using this information as leverage for a raise or jumping ship to "climb the ladder" elsewhere can yield equally good if not better compensation results than just being your own business.
Obviously there's nothing wrong with doing that and it's personal preference, it's just more of a naive assumption that own-boss money is always going to be >= job money.