Why am I not afraid of self-employment when really I should be? Many people have tried, and most of those people fail. I might too. There is a good chance that I will fail in the quest for being my own boss and generating an income.
I am not afraid because if I fail, I don’t have too far to fall. This is one of the perks of investing in a career that makes very little money. The risks are lowered because I don’t have a large financial expectation from the get-go. That means that if it takes 5 years to fully develop the business, I won’t be in dark in the lean beginning.
Just because I haven’t made money cooking, does not mean that there is no money in it.