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Entrepreneurship does pay off

Submitted by Bernard Dreyer

Economists have found that individuals who left their salaried jobs to start incorporated businesses work more hours but also earn more per hour than other employment types, and those who start successful incorporated enterprises enjoy substantially larger boosts in earnings relative to their own wages as salaried workers.

The results show “that entrepreneurship, at the median, pays — and it offers the possibility of comparably enormous returns.” the researchers write.

Self-employed workers who don’t incorporate their businesses earn less than salaried workers, the economists have found.

Categories: Entrepreneurship

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