"Consulting is like selling crack, if you want to be a founder of a startup - so go work for a startup."
should be the title. As an independent consultant I can only laugh at fallacies ridden in this article as if it applies to consulting in general.
"You get used to spending whatever you want on hardware, furniture, tools, and being fairly loose with your money...You get used to making that much money personally...bad habits, blah blah"
Give me a break. Proper personal finance is almost always relative to your income. If you make $250k/year or $50k/year it is still your responsibility to be responsible with your money. If you buy a $1M condo on a $250k/year salary and drive a Maserati, yes, you may have issues as a FOUNDER of a startup with no $$, but maybe you should have thought about investing or even saving (gasp) your money for padding when you started your startup. Common sense.