That seemed rather high to me. After our discussion on income was nearing its end we began to discuss entrepreneurship. According to Dr. Williams, now fifty percent of people out of MBAs are entrepreneurs, and they make more money than the average MBA student working for a company does. Then, we went on to discuss the benefits and the drawbacks of being an entrepreneur. First, you have more than one source of income.
People working for a company have only that company to depend on for income.
If the company fails or lays them off then they have no source of income whereas owning your own business if one person fails to pay you, you still have many other people as sources of income. There is also a large financial reward if your company succeeds. The richest people in the world are entrepreneurs because they get a large portion of the net profits, which can be in the millions. Another reward is you could be remembered after you die for coming up with something amazing. You then will have an invaluable place in history.