self employee vs employee

I was discussing the self-employee vs. employee with George and Ray today.

The result can be summarized like the following simple points.

Given the relative higher salary working as a software engineer, if  you are doing other self-employee business, like vehicle importing, reality agents, ...

1) around 40~50% chance that you will make less money than your current salary + bonus + benefit

2) maybe 20~30% chance that you can get even with your current employed job, in terms of salary + bonus + benefit

3) maybe 10~20% chance that you may made more than you currently have

So, it is quite a dilemma to do your own business vs. being employed by a big company.

There are other pros and cons in this discussion. I'll come back later on this topic the other days.

A better approach would be to do part-time business while keep your current job.  A software development business would be a good starting point.  We had discussed about the iPhone application development.  That may be a good business opportunity.