The giant gap between the rewards for the value brought to the table is the final reason for an intelligent person to decide to leave the machine and start something on his/her own.
Believe it or not START-UP NY offers new and expanding businesses the opportunity to operate tax-free for 10 years. Not all of them. As I’m aware, you have to meet certain criteria to qualify. I know it’s diferent in other states and other countries, but that’s what we have where I live. This is a great opportunity for new startups. The reason I opened my own small business was having “enough” working 10-12 hours a day for some company since I was exceptionaly good in my profession. In NY it’s very easy and simple for new startups and if you are creative you can save a lot on taxes as well. For example owning a house and having your office in your house gives you a huge tax deduction opportunity. There are so many things you can do while owning a small business instead of working 9am-4pm where you can’t do much. I have never regreted quitting my job for a small business.