There’s a myth in popular culture that associates “being an entrepreneur” with “making a lot of money.” But do they, if compared to a world where an entrepreneur did the same job in the employ of someone else?

In this post, Jerry Neumann references a chart from Scott Shane’s The Illusion of Entrepreneurship that tells a much more realistic story of what creating your own business means financially:

The vast majority make the same, if not less than, their non-self-employed peers,...