Via Bankers Anonymous:
Working for yourself, in a business you founded, makes it much more likely that you’ll do something you love.
Working for someone else, for a salary, makes it much more likely that you’ll be asked to come in on Saturdays to work on the TPS reports.
Points:
- “In life, there’s no getting away from the TPS reports on Saturdays, there’s only a choice about how it will feel. One of my main arguments for starting your own business is that it feels different.”
- “The tax code was written by and for business owners,[1] not by or for salaried employees.”
- “Did you know you can save about 3 times more per year in tax-advantaged retirement accounts if you’re a business owner than you can as a white-collar employee earning a salary, with a 401K plan?”
- “When you do someone else’s TPS reports, the company gets to ‘retire’ you when they choose. When you do your own, you choose. “
