3 Ways To Tell Whether You Are Building A Business Or A Job

Stop calling yourself a business owner when you’re just building a job.

The decision to start a business probably came after you left a highly paid job. However, if you are not careful, you may end up creating another job disguised as a business.

Here are three (3) ways to tell whether you’re building a business or a job:

1. To determine whether you are building a job or a business, you must ask yourself how dependent this entity is on you.

By asking this one question, you will gain clarity on what you’re doing. Because a business is a separate entity from the business owner or founder or director or whatever your title is. It can operate, generate revenue, and essentially self-manage without you or your employees.

As opposed to that, a job can only be done if you are 100% involved in it. With a job your time and pay go hand in hand because the more you work the more you earn and vice versa.

If you find that you are building a job instead of a business and you want to correct that, one of the best ways to transition is to create systems and processes that enable the business to function successfully without you or any critical employee.

2. Another way to determine whether you are building a business or a job is to check how flexible your work hours are.

Job owners and mostly self-employed people do not have the luxury of flexible work hours. They have a defined amount of time they have to work to be paid and if they miss those hours their jobs and careers would suffer.

Business owners, however, have a different story to tell. Since businesses are set up to operate without the owner working 9 to 5 or always on the business, business owners can work when they choose.

This luxury is one of the top reasons intending business owners are leaving their jobs to build businesses.

So if after you leave your business you are still having inflexible work hours. It’s time to take another look at what exactly you are building.

3. Lastly, you can determine whether you are building a business or a job by asking honestly if you can sell it.

Yes, that might not be your final goal, but asking this question helps you reevaluate how you have run your business and whether it is a business or just another job.

You know it’s a job when the business does not have any value without you. It is only valuable with you attached.

In contrast, a business has value outside of the owner.
Whether it is owned by the founder or sold it has its value.

It is important to note that people set up their businesses to take the form of a job like most self-employed people and others like a business. And that is great.

But this article intends to help the few others who want to build businesses but end up building a job.

If you found it helpful comment below!

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