It’s no secret that entrepreneurship is full of uncertainty. It requires taking risks. Furthermore, when you own a business, you are solely responsible for its success and failure.
The upside is that your income is more proportionate to the effort you put into your business—which might not be the case if you work for someone else.
The downside is that future business profits are difficult to predict—which means your income is less stable. Unstable income is the single biggest reason why most people never take the entrepreneurial plunge.
