3 ms·
This. Working for a big company in the US is massively underrated. Over time, most people working in these companies will be much better off financially and wi
by sarimkx 2y ago
This.
Working for a big company in the US is massively underrated. Over time, most people working in these companies will be much better off financially and with less stress/health issues.
The silicon valley/tech bubble over-romanticizes entrepreneurship without realizing its NOT for everyone.
For every 1 success story you hear about entrepreneurship, there are 50-100 that fail. The stress and anxiety is not something everyone can or should take if they have the opportunity to coast at FAANG and make $500K+.
How many businesses make $500K in revenue in the US? Not many? [1]
I am paraphrasing here, but I really agree with how Scott Galloway put it: The US corporation is the greatest wealth creating vehicle in history. Way safer and easier to build wealth working at Google.
Giving "StArt a BusZineaSs BRO" as a blanket advice is very disingenuous.
[1] In 2018, 9% of small businesses made more than $1 million.
https://www.smallbizgenius.net/by-the-numbers/small-business-statistics/ https://www.smallbizgenius.net/by-the-numbers/small-business...
Note: Many statistics online say the number is actually fewer than 5%!
- sarimkx 2y agohttps://jmduke.com/posts/essays/two-years/ https://jmduke.com/posts/essays/two-years/ Guy running an email SaaS clearly says working full time would make him more money.