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I've met a lot of self-employed people who insist that they are business owners.  They incensed when I patiently explain, that well, yes it is technically true, you do own the business, it's more true that you own a job (the IRS calls this "being self-employed").  In the long run, there is more power in looking at yourself as self-employed than as a business owner.


There is a quick little test to help someone determine whether they are self-employed, or truly a business owner.


Go to the Bahamas for one year.


When you come back...


If your business is making more money than when you left it, then you *ARE* a business owner.


If your business is boarded up, then you *WERE* self-employed.


Simple huh?


I would much rather be a business owner, now if I can just figure out how to successfully delegate.


Posted on Friday, February 17, 2006 2:56 AM Contracting , Con Livus | Back to top

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