From Wage Earning to Self-Employment: Invitation to Economic Dynamism or Apology for Self-Employment?

By Marc Richevaux

Entrepreneurship is in vogue. From political actors to universities and enterprises, everyone preaches the new gospel of business creation. With this new credo of venture creation at any cost, disappointments are ahead, even if some successes are worth noting. For many creators, the dream could turn into a nightmare, and they could join the ranks of poorer workers. They could even bitterly regret the happy days when they were salaried and benefited from social protection, which they lost when they migrated out of the wage-earning class to launch their own business.

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