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One of the major advantages of being a small businessperson is rarely talked about: the ability to minimise taxes.

You can live in your workplace, have a company car, company utilities, company equipment. Some customers will pay you cash. You can easily allocate business income to your spouse or children (if you live in a country without combined income taxes). You can buy products at wholesale rates.

When you're just an employee, you usually have very few of these tax optimisation opportunities.

The other factor is that the education system is dominated by people with university degrees (ie. teachers), who consciously or not direct their students to pursue the same lifestyle and career values as them.



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