Owning a business or a job?

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By David Peel

Most folks would like to “be their own boss.” 

At least in theory. 

Many who call themselves “entrepreneurs” are self-employed, but they do not actually own a “business” –they just own their job.

What is the difference?

There is an easy test: If you can leave the country for a year, and still come back to a well-functioning business, you own your business. If not, you own your job.

There is nothing wrong with owning a job. I love what I do. I enjoy the practice of injury law. I love my co-workers and my clients.

Contrast that with owning a mini storage with good employees, and you could call in occasionally from your overwater bungalow in Bora Bora and it would be fine. 

While an employee may feel that they are in the “rat race,” climbing the corporate ladder, and so forth, they do at least get to leave work at work. Business owners are never really “off.” 

Those of us who own our jobs are ultimately responsible for the leasing, maintenance, insurance, marketing, recruiting, management, IT problems, cashflow, banking, casting a vision, customer service, accounting, social media, real estate, public relations and legal aspects of the business, all while personally delivering the product or service ourselves. Some would say that we do not own a business but rather the business owns us!

But all of us serve others.  

After all, you make your dreams come true by helping others achieve their dreams too!

Peel seeks justice for those injured in tractor trailer and car accidents, medical malpractice, and disability. He often addresses churches, clubs and groups without charge. Peel may be reached through PeelLawFirm.com wherein other articles may be accessed. 

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