Reference · print-friendly

Labourer vs Owner

Compressed map for quick recall. From lesson 0001.

Labourer · Technician

Works in the business

  • Sells hours / personal skill
  • Time = today; money = wages
  • If you stop, value stops
  • You are the product
Owner · Entrepreneur

Works on the business

  • Builds assets & equity
  • Time = investment; money = equity
  • System can earn while you sleep
  • Business is the product

Three-question task test

  1. If I never do this again, does value still get created?
  2. Does this grow an asset, or only clear today’s queue?
  3. Would a buyer pay more for the company after this — without requiring me forever?

Gerber skew (typical trap)

70% Technician · 20% Manager · 10% Entrepreneur

Naval one-liner

You won’t get rich renting time. Own equity in something that earns while you sleep.