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No, you won’t.
You might have more money as a small business owner. There’s even business models with very low risk- someone else figured out how to do it. But you will be working 80 hours a week for that money.
Idk, I know a few people who have lifestyle businesses where they essentially sell an online course or some other low-effort offering, and after a couple years of work have set themselves up to make plenty of money and work maybe 10 hours a week.
Probably quite difficult, but it's doable!
Those people are the equivalent of Instagram influencers. It’s folly to think you’ll be one.
The average contracting or restaurant business has a decent shot of making it, so do tech startups. This is essentially aiming at being a celebrity.
Well, fair. I appreciate you giving me I suppose a dose of reality. I've always been frustrated with my jobs so the grass seems a lot greener on the other side, but knowing myself I'm not sure I have the temperament to run a business successfully.
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Agreed. If you're starting your own business you will be working like a dog. "I work 10 hours a week and make $$$$$" is a scam.
I mean, the person I'm thinking of isn't trying to get me to sign up for anything. She has no reason to lie. She just built a course to prep for a data science exam and has sold it well since there wasn't much else in the niche. I don't see how it could be a scam, like MLM style.
It's not a scam in the sense of getting your money, it's a scam in the sense of many self-employed people presenting an extremely biased account of their company, for various reasons, including self-justification. My brother-in-law runs a platform providing niche courses in psychology, and he constantly talks about how this kind of platform can create almost "free" money with minimal input from him since he only does the course once and then an unlimited amount of people can take them (and others can use the platform to create their own courses and he gets a cut, even more free money!). Except I know him & his life well enough that he spends a lot of time on it, regularly even on weekends, and from his wife I know that so far including all the running costs, the set-up costs (he isn't a programmer himself, so especially in the beginning he paid a handsome sum just to get the basic framework going), the gear he bought to make professional-looking courses ... he is basically still treading water. Maybe it will change, maybe not, but if you know him casually you might think he is making decent extra income with little work, the way he talks about it.
But maybe your people are for real. It's not impossible, just unlikely.
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