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Do you own the business or the business owns you? email this discussion to a friend?

myLot reputation of 71/100. LionHeart319 (103)12 months ago

I wonder where the term "Small Business Owner" came from. A business owner is someone who has the leverage whether to show or not within the business premises. If you notice, those whom we used to call or those who call themselves, small business owners are people who usually leave on the second floor of a building and use the ground floor as business establishment. If you could observe, you will notice that most of the time, it's the owner whom you have to talk to when you haggle the price or when you have a question about the product that they offer.

It only shows that they need to be there in order to operate the business properly. Yes they can go on vacation sometimes but not for long because they worry so much about the business they leave behind. So, my fellow intrepreneurs, Do you Own the Business or the Business Owns You?

 
 
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tags:  business, business ownership, leverage, small business
 
1. myLot reputation of 93/100. oyenkai (3283)   ranked 40 out of 64 in rich dad poor dad   11 months ago

I don't think it's that much of a leverage. My mom has a "small business" - that actually helps big in the family. But she can't just leave it anytime she wants or just stop showing up for a day or so. It's because that the matters handled are delicate and she can't entrust it to just anyone - she already lost a lot because her ex-assistants stole from her.

Right now, I am yet to own my personal business. I'm planning to make the preparations this year. I've been doing research and all:D

Thanks for the response on my discussion!

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2. meggiehan (70)   ranked 41 out of 64 in rich dad poor dad   10 months ago

i read this book last year, i get some idea from this author, own the business is part of finacial freedom, first step must be difficute.


myLot reputation of 71/100. LionHeart319 (103)  10 months ago

The author, Robert Kiyosaki, is one of my favorite business gurus. I highly suggest you also read his other books, specially "Business School". Thanks!

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