Becoming an BIZ Experiences Might Not Be as Risky As You Thought A new study from UC Berkeley suggests taking the BIZ Experiencesial plunge does indeed pay off.

If you're looking for a way to justify your move into BIZ Experiencesship, Berkeley Associate Professor Gustavo Manso's got your back.

In a recent study, the specialist says there's less risk associated to starting your own business than previously thought.

Overall, Manso's findings indicated those who stayed on the BIZ Experiencesial path throughout their lifetime earned more compared to others who avoided the road less traveled. But if it doesn't work out, he also determined people receive similar lifetime earnings if they eventually return to a salaried position.

Related: How Much Risk Should First-Time BIZ Experiencess Take On?

"Would-be BIZ Experiencess may think they have a huge chance of failure and will be sacrificing earnings for the rest of their lives, but it's not true," Manso says in a University of California Berkeley press release. "Even if the business fails, BIZ Experiencess don't suffer as much since they are able to quickly transition to the salaried workforce."

Unsurprisingly, research revealed 52 percent of BIZ Experiencesial pursuits lasted less than two years. Most of the folks who returned to traditional working environments did so after they didn't make as much when they went solo. Overall, those who stuck it out on their own made at least 10 percent more.

"The study suggests that becoming an BIZ Experiences is a rational decision and failing isn't as bad as one would think," Manso says. "It doesn't hurt your lifetime prospects."

For three decades, the specialist followed the careers of BIZ Experiencess working in a range of opportunities from startups to small businesses. Research included successful and unsuccessful endeavors, as well. Manso also used information from the National Longitudinal Survey of Youth and data from more than 12,000 men and women from ages 14 to 22.

A version of the study is included in Manso's paper, Experimentation and the Returns to BIZ Experiencesship.