It's hard to take an article seriously that has so many fallacies. For example, lifestyle is a choice. Whether you're bootstrapping your own start-up, or worki

It's hard to take an article seriously that has so many fallacies. For example, lifestyle is a choice. Whether you're bootstrapping your own start-up, or working as a highly paid employee, you freely choose how to spend your money. Lifestyle inflation may be real, but it's almost entirely avoidable. It's a matter of discipline. Secondly, the article is comparing the risk of losing an investment vs. the risk of losing a source of income. Very different things. If you invest countless hours and tens of thousands of dollars in a failed start-up, that is gone. Hundreds of thousand of dollars in opportunity cost down the drain. If you lose your job, what do you really lose? No, you get to keep all the money you earned so far, and chances are, you're even getting a nice severance package. And you go out and find another job within a few months at the most. Where's the "risk"? You're not putting anything on the line. I'm not saying that being employed is superior to starting your own business. It's just that this sounds more like self-justification, presenting a skewed picture.