Entrepreneurship is often hailed as a way to make unlimited income, but is that true?
In the United States, we celebrate entrepreneurship as the ultimate representation of the American dream. If you have a good idea and work hard enough, you can achieve anything. Since you’ll be working for yourself, you’ll be in charge of all the decisions, including how the company grows, and how much of a salary you withdraw. And since there aren’t many limitations on corporate growth, owning a business could be your ticket to practically unlimited income.
But is that “unlimited income” vision an accurate portrayal of entrepreneurial potential?