How To Start Living Show (formerly How To Quit Working)

Last week I discussed five of the fifteen lessons I learned while I ran the largest of the companies I’ve owned. This week I have five more lessons to share. There is a difference between creating a job for yourself and creating a business. A business or organization is characterized by the following attributes. It solves a problem for the consumer. It has systems and processes by which it operates. It has employees who work in and assist with the running of the business. It has a strong leader. It pays its bills including payroll, owner’s draw and vendor payments and still has a profit of some level. If you are creating a job for yourself, you are the person in charge of the bulk of the work (80%). You solve a problem for the consumer and you generally get paid for showing up to actually solve that problem for the consumer personally (i.e. you fix their computer, you write a press release for them, you plan an event for them, you sell something, etc.)  If you don’t show up to your business, the business will