Doberman Dan – Paid By Lunch
At my most recent Gold Mastermind meeting one of my Knights left all the other entrepreneurs completely blown away…with quite a few almost turning green with envy.
Here’s why:
Rob is a copywriter.
He’s young, free, drinking in every enchanting delight life has to offer… and enjoys the unbridled pleasure of a “playboy” dream lifestyle most men would give one of their two most cherished and protected organs to have.
He surfs whenever he wants (living minutes from one of the most stunning beaches in the U.S.)…
…travels and lives in exotic foreign countries for months at a time…
…spends his evenings with some of the most successful entrepreneurs in the world, drinking pricey single malt scotch and enjoying rare cigars that cost more than most new college graduates earn in a week.
What is Business ?
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services). It is also “any activity or enterprise entered into for profit.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative.
Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and expensive to set up, but offers more protection and benefits for the owners/members.
Doberman Dan – Paid By Lunch
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