Will Humphreys argues that working for someone else is not inherently safer than starting a business because employees depend on another person’s decisions for their livelihood; the real determinant of risk and development is who you work for — ideally a leader who mentors and builds you. He advises job-seekers to look for a mentor, not merely a paycheck.
Chapters
It kills me that people think it's less risky to start their own business than it is to work for somebody else. Like that paycheck just magically appears every two weeks and they think, wow, this is safe. When the truth is they're putting their livelihood in the hands of another human being and their decision making capabilities and trusting that they're going to make a better decision for them than themselves. When we're out there starting our own businesses, we are making our own decisions and we are trying everything we can to naturally preserve our existence. So the truth is the risk is about the same. What matters is who you work for. If you work for a leader that loves you and builds you and is committed to you, yeah, then that's the place you should be because you could develop that entrepreneurship at your own risk or with someone's guidance. So that's why it's important when you're looking for an employer that you find a mentor, not just a job.