As a tech employee, I saw thousands of people get laid off. 25 years ago, I started my own business. I haven't been laid off since --- and I haven't laid off

As a tech employee, I saw thousands of people get laid off. 25 years ago, I started my own business. I haven't been laid off since --- and I haven't laid off anyone either. There have been ups and downs --- but definitely more ups. I have full control over how to address "macroeconomic conditions" and the ability to mitigate risk by diversifying beyond a single market segment. As an employee, you are at the whim and mercy of others with little or no control. There is less responsibility but way more risk and uncertainty.