Don't forget health insurance and errors & omissions insurance.
Finding clients takes about the same effort as preparing for job interviews except you have to constantly be looking for clients.
It's not easy finding and managing multiple long term clients, and even then you need about 3 or 4 to ensure one doesn't hold too much leverage over you.
In the end, it's a wash, if starting a company was two or three times better than a salaried job it might be worth it, but as it stands it's barely 1.2x better than a salaried job.
If you want more money it's best to just do a salaried full time job and then do some work occasionally on the side or develop other passive income streams.
Finding clients takes about the same effort as preparing for job interviews except you have to constantly be looking for clients.
It's not easy finding and managing multiple long term clients, and even then you need about 3 or 4 to ensure one doesn't hold too much leverage over you.
In the end, it's a wash, if starting a company was two or three times better than a salaried job it might be worth it, but as it stands it's barely 1.2x better than a salaried job.
If you want more money it's best to just do a salaried full time job and then do some work occasionally on the side or develop other passive income streams.