Very often you are serenaded with questions such as what do you do for a living? Are you working? What is your Job? Nobody asks you the question what is your Business even though you are engaged in some form of business already. It is because the society as a whole is so workaholic that it expects every other guy to work for somebody. It is time both you and society change track.
Basically, business relates to what you do as independent business, profession or vocation which you own fully or partly. An independent business is what you do on your own as sole proprietor or in partnership with others where you are the managing partner or by forming a limited liability company where you hold major/controlling shares and run the company as chief executive officer.
In corollary you can engage in an independent profession owning fully or partly. In accounting profession you see a solo practitioner as well as accounting partnership. Vocations such as carpentry can also be conducted by single person or in partnership or by way of a limited liability company. Whatever the form or structure a business demands a lot of discipline not seen in doing a job under someone. Some key characteristics of being in business are described below:
1. In business you are constantly on the move or busy in your office handling various issues, questions or problems or placed in un-comfortable situations
2. You are expected to make the right decision at the right time.
3. You have no peace of mind
4. Your work is often carried to your home in the evening after the doors of business are closed for the day
5. Your commitment to your business is total and over-rides your responsibility to your family
6. There is no specific working hours
7. You are a proud owner of an entity that provides distinct economic service to the society and country
8. You have a higher discretionary income compared to the guys who are working 8 hours a day
9. Successful business life does not depend on your just being lucky; but lot of hard and smart work and proper direction you take on your own wisdom or as counselled by a neutral adviser
10. Finally, your cosmics have given you an opportunity as a business person whereas many of your colleagues and fellow graduates are languishing somewhere working for others and eternally blaming everything except them. You know, that, cosmics are aspects residing within you shaping and influencing your business throughout.
Next time someone asks you questions other than what is your business take pride and tell them bluntly that you are “CEO of the Business you own”.
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