Related, corporate jobs have as much embedded career risk as entrepreneurship, and maybe more. Boss doesn’t like you, company merges, you’re not good at politics, etc. Any, and more, can be career killers. Founders answer to the markets/their customers Which risk is greater?https://twitter.com/PinkPoloShorts/status/1231584115906023425 …
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I’ve had this same talk with BigCo people because it also confused me. I was surprised. I thought it’s about risk tolerance but no. It’s about how much uncertainty in their problem spaces (life and prof). BigCo people want more narrow and predictable, I found.
There's an analogy in the stock market: Risk of ruin vs. volatility. Working for a big company can have an equal or greater risk of ruin than being an entrepreneur, but no matter what happens, it is less volatile.
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Yeah, so maybe it’s less about risk and more about the game people want to play in life? Go versus chess versus checkers = Founder versus SMB owner/op versus BigCo employee
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I'm not sure. Some thoughts about it: 1. People don't know that there's an alternative to big co wage slavery 2. People confuse volatility with risk of ruin 3. We have a natural tendency to order ourselves into structures, entrepreneurship doesn't fit neatly into one.
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