How do you run a business without employees? What kind of business is that? Just because you call someone a self-invested owner doesn't mean they aren't an employee. The only types of businesses I've heard of like this are Mary Kay and AmWay (there may be others I don't know). Basically a sales ponzi scheme where you are the wholesaler for a distributor and the "self-invested owner" bought their products from you instead of directly from the wholesaler.
I do agree with your stance on the state of education today but not in the same way. Some people party all through school and live off loans while others work during school to avoid loans. For every 1 person that takes the opportunity seriously and busts their ass to make something of themselves, there are 9 people who don't deserve the free pass. Making it free for everyone costs too much for those who have to pay for those 9.
It's a specialized scientific equipment business. I build some equipment, do some customization and repairs on their party equipment, loan other equipment, train users... A high capital business where I wagered everything on my own success. It was six months between my first two customers, and now I average about six hours.
No Mary Kay ponzi shit.
E: should add, I started it because my previous employer owned the intellectual property on my prior device. I wanted to own my future work. Seizing the means of production (by quitting and going solo).
Good for you and glad to hear from a real entrepreneur.
How do you run a business without employees? What kind of business is that? Just because you call someone a self-invested owner doesn't mean they aren't an employee. The only types of businesses I've heard of like this are Mary Kay and AmWay (there may be others I don't know). Basically a sales ponzi scheme where you are the wholesaler for a distributor and the "self-invested owner" bought their products from you instead of directly from the wholesaler.
I do agree with your stance on the state of education today but not in the same way. Some people party all through school and live off loans while others work during school to avoid loans. For every 1 person that takes the opportunity seriously and busts their ass to make something of themselves, there are 9 people who don't deserve the free pass. Making it free for everyone costs too much for those who have to pay for those 9.
It's a specialized scientific equipment business. I build some equipment, do some customization and repairs on their party equipment, loan other equipment, train users... A high capital business where I wagered everything on my own success. It was six months between my first two customers, and now I average about six hours.
No Mary Kay ponzi shit.
E: should add, I started it because my previous employer owned the intellectual property on my prior device. I wanted to own my future work. Seizing the means of production (by quitting and going solo).
Good for you and glad to hear from a real entrepreneur.