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NathanB
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T J Madigan, post: 118401 wrote:
O.K… The only business that makes money…
Is the business that continues to make money when you’re not there as opposed to you working in the business to make money (i.e. it is the business making money not you).

This is achieved by using leverage (i.e. getting a lot more done through other people, through mass distribution, through technology, etc.).

Good thought!

Many people don’t realize that they themselves are their product. Take that person out of the equation and there is no business…

This is something investors look for. Are they investing in a scalable business that has a real product or system that can grow beyond the founder, or is the business just one persons set of skills which if they were to disappear, the business disappears too.