You'll never be rich working for somebody else" is bad career advice. The idea that entrepreneurship is the best route to riches and freedom is false.
Get Rich Quick doesn't work because all career choices are part of supply and demand.
Three mediating factors explain why some people earn more.
Entrepreneurs do not generally out-earn their peers, according to a review.
However, these points apply to every profession. The risk-adjusted, expected income and barriers to entry should be roughly equal.
Effort, skills, connections and credentials can open doors in niches with higher rewards and less competition. And some careers are harder and more restricting than others.
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