What are the pros and cons of self employment?

My boss urges me to start my own business and become self-employed. I have never run a business, so my feelings are mixed, but he persuades me that I will earn more. Is it true?
My boss urges me to start my own business and become self-employed. I have never run a business, so my feelings are mixed, but he persuades me that I will earn more. Is it true?
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