David Park and Eric Bahn are earning more at their startup, called Beat The
GMAT, than they ever did in the corporate world. Every penny of
profit from the business goes directly into their bank accounts. They
enjoy being their own bosses; have become experts in sales, marketing,
customer support, computer programming and graphic design; feel good
about helping students gain admission to business school; and are
grateful that they can spend their time doing things rather
than discussing things—because they don’t answer to anyone.
Why should they sell their business and be back to working for
companies like Intuit or McKinsey & Co., they ask?
Ryan Sit, who runs a website called Picclick.com, feels the same way. His visual sales site attracts 300,000 unique visitors per month and generates millions in product sales for eBay and Etsy sellers—netting him a healthy six-figure income. He works from home and spends as much time as he wants to with his two small children and wife. Ryan cherishes the freedom to do anything he wants—like experimenting with new website ideas. The last thing he wants to do is to raise capital or merge with a bigger company. “You become a slave when you are funded, and having lots of employees is just a pain”, Ryan says.
To read the full, original article click on this link: Is Entrepreneurship Just About the Exit?
Author: Vivek Wadhwa
