Investing in an actual business is much different than investing in real estate or stocks of a larger public company. Much of the wealth that citizens hold is built upon owning a small to medium size business. The size of the business is all relative to the location and genre of types of business you are involved in. Regardless of the size, running a business takes time, effort and a skill that not all people have.
I have this buddy who is deep into the Multi-Level Marketing (MLM) World who posts all the time about being an entrepreneur, and it has me wondering what actually makes someone an entrepreneur? The dictionary definition of entrepreneur is absolutely zero help in actually answering the question: one who organizes, manages, and assumes the risks of a business or enterprise The pure dictionary definition really just raises more more questions than answers. Is anyone who is commission based an entrepreneur? Is it anyone that that is self employed? What if the business is just a side hustle? Are professionals (CPAs, Attorneys, Doctors, [...]