Re: two questions for business owners
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suppose a guy owns and manages his own deli.
1. why doesn't he open another deli somewhere else?
2. why doesn't he hire someone else to manage his deli? is it because he would rather receive X dollars for managing the deli himself, in which he turns 'his own business' into an hourly wage job.
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Your two questions are actually the same question. He probably would love to open another deli but he can't because he is stuck managing his first deli. And he's stuck managing his first deli because he either 1) can't afford to hire a manager, 2) doesnt' know how to create systems for his employees to follow, or 3) doesn't want to.
Now as to your second question: I think that you're misunderstanding the idea of trading time for money. We're always trading time for money. Its only a matter of degree. Some business owners create systems to where they only have to work 2 hours a week and they make hundreds or thousands of dollars per hour. Other owners don't create systems and make substantially less per hour. Either way, owning a business takes time. But calling that person a wage slave or whatever is, IMO, too perjorative.
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