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Why do many ex-Deloitte and KPMG employees turn entrepreneurs? Insights appreciated (alien.top)

submitted 10 months ago by MoAsad1@alien.top to c/entrepreneur@indiehackers.space

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Curious about the entrepreneurial trend among former Deloitte and KPMG professionals – what drives individuals from these firms to start their own businesses after leaving, and what key factors contribute to this common career transition?

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[–] quakedamper@alien.top 1 points 10 months ago

Adding to connections, financial stability and perpetual midlife crisis I think it's a personality thing.

Well you have two kinds of people in consulting:

Prefer the safety net, politics and structure of corporate life and would exit to a client side position if they left consulting
People who feel stifled by the corporate world and realise consulting is as close to the sharp end of business you can get as an employee and you're already pretty much operating like a business in the business, responsible for getting projects, billing hours, making relationships etc. I remember saying to my colleagues at many points that this pitch could be a business idea in itself and could make more money with less work as a product company than a consulting project where a lot of value would get squandered by client politics.