Problem is a lot of companies get smart and "pay by location". I've seen big cos from the Bay offering half the salary (before currency exchange) for workers in Vancouver.
I never saw any sense in that. Would they start paying you more if you later moved to a more expensive location?
I work freelance remotely for no country in particular and my current location is never a factor for prices.
But I work to live, not live to work. My job is a means to an end, that end being to have a fulfilling life that doesn't revolve around what I do for a living.
Because of that, I find the quest to climb the corporate ladder has lost it's appeal. I'm cool staying at my current, well-paying, work from home job until I retire. I don't want to be running a company, I want to be running my life.
Corporate ladder does seem a bit... sad? But maybe some people like it! More power to them!
Cool thing about a small business is you can create a long term sustainable lifestyle that suits you. I like the philosophy of TJ Holowaychuk with Apex (created expressjs and a million other amazing things), super cool. At one point it was referred to as a “non startup”. Love that dude :-D
Nothing wrong with building a company up to an ipo either, that could be a blast depending on the people and context.
I know a guy that has done this for a few companies and then moved onto consulting for them. Makes SV money in the midwest. Works whenever he wants, 99% of time remotely, and companies will sometimes wait if he has too much going on to do work for them.
The guy is living the life. So, I want to do the same.