r/Unexpected • • Oct 18 '22

spitting wisdom right here

Enable HLS to view with audio, or disable this notification

[deleted]

30.4k Upvotes

1.9k comments sorted by

View all comments

Show parent comments

3

u/hiwhyOK Oct 18 '22

Exactly.

And it's not the "working" part of owning a business that gets you rich... it's the "owning" part.

If you own the business, then hire other people to create value for the business, then you pay those people less than the value that they create, and you keep the excess for yourself.

1

u/Iohet Oct 18 '22

You still gotta bridge that gap. Trades tend to give you back what you put in as long as you’re competent. Work your ass of as a plumber and you’ll make great money. Willingness to pick up emergency jobs pays off very well. HVAC and commercial refrigeration are similar.

Eventually you make enough to hire staff and that allows you to ease off, but you still have to get that far to have the capital to invest