What’s the difference in owning a business and running a business?
Does this impact the way those operate their day to day operations?
Doest that impact the way they earn and invest?
Here are few of my takes on the same. Would love to know your take as well.
| Attributes |
Proprietor |
CEO |
|
Earnings |
Earnings – 2 crore / annum “(approx) |
Earnings – 2 crore / annum (approx) |
| Income in Hand | Income in hand – 1.8 crore per annum (approx) | Income in hand – 1.25 crore per annum (approx) |
| Tax Return | Expense Adjusted post tax return | Post tax return with hardly any scope of saving tax |
|
Loan Advantage |
Can take advantage of a loan
Loan interest is shown as expenses to adjust profit |
Can’t take advantage of a loan |
|
Income vs Hard Work |
x income = x hard work | x salary = 5x hard work |
|
Sustainability Factor |
Sustainability + Longetivity | Chances of getting burnout easily because of extreme pressure.
Hence mostly short stint |
|
Ownership |
Sense of Ownership | No Sense of Ownership |
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