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Entrepreneur Vs Employee?

Would you rather start your own business and work for yourself? Or would you rather be a subordinate in a big conglomerate of a company? I personally have my position on this, however, would be curious as to see what you think?
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Friends of mine that started their own business have said they never had to work so hard in their lives. I'd rather have a good paying job,go home and leave the headaches to others. I've had a lot of training,was a boss,took care of those I was in charge of and they worked their tails off for me. If they couldn't do something I'd do it.