No shit.
The better question is which one would choose you. Artist representation, even to the smallest, half-credible degree is extremely hard to get and every passing minute decreases the chances of getting signed. You typically can't get signed to the majors without major credentials and/or something that will guarantee $$$ $$$ $$$.
I'm not offering the cynical anti-record company view, I'm just saying thats how it usually works. Major companies spend an enormous amount of money on just one artist with advertising, PR, insurance, contingency, connections, they can't afford to represent anyone who can't guarantee them Millions of $.
Indies aren't quite like that, but their issue is that they are usually all filled up already. I've seen it written more than once than you literally have to wait until someone dies before you might get a seat, and then you have to compete with over 1,000 others for that to happen.
And then the money's not great, neither is the exposure, or sometimes even the quality of the record. And even if, God be praised you get your record represented and distributed, I think you have to do it all over again unless it sells like 100,000 copies if I remember right.
Starting small sounds like a great idea, but it doesn't provide credentials. If you were to capture a company rep's attention, you have to provide a resume that shows you were on a record label and how much you sold. If the rep hasn't heard of it, it doesn't count as a credit.
Your best bet is to join a small and up-and-coming and pray to the Good Lord its destiny is to be famous.
Some. Most of my experience is trying to get my manuscripts published with a publisher and guess what? Nearly a year's worth of work down the drain. All these artist representation houses are the same. There is no real way to win other than luck.
My advice? Get a job and focus on that and see what you can do with your project in your spare time. You can do small self-pressing and sell it individually until the sales build a respectable number, you can post your songs to those "vote for this VS" sites and see if it gets anywhere.
Additionally, you could try TAXI. You do have to pay them to listen to it (which is usually the red flag calling card of a con-artist) but they actually have a really good reputation IIRC. They send it around to get licensed, and thats always a plus if that works out for you.
Ultimately, although I want to give you the cliche "Follow your dreams and believe in yourself and you can accomplish anything.", the fact is this is the real world and dreams don't come true - thats why they're dreams. The cliche I will give you instead is "Its always worth a shot, but don't get your hopes up."