The Key Differences Between An Employee, a Business Owner, and a CEO.

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Are you an Employee, a Business Owner or a CEO?

Do you even know?

On the face of it, this seems like a simple question.

But few people really give this the though it deserves.

For example, if you’re a freelance worker…you’re not an employee.

If you run your own company….you may not be a CEO.

Knowing who you are is the key to building the life and becoming who you want to be.

Most of us are striving to achieve something in life.

Whether it’s making more money, getting your dream house, or just having a great time.

All of these things require growth.

And this growth is one of the most important steps is your career.

But if you don’t know exactly what you are.

Then you’re never going to evolve.

If you’re an employee, you should strive to become a Business owner.

If you’re a Business Owner, you should try to become a CEO.

Because it’s amazing how many Business Owners have the title of CEO…but none of the benefits.

All 3 have different benefits and negatives.

But I’d argue the life you want is sitting at the end of the CEO tree

So let’s start with employee.

The main benefit of being an employee is, you get to switch off at the end of the work day, get guaranteed income. You don’t have to care too much about the business beyond your specific job.

Of course, as an employee there are some negatives as well: limited earnings, lack of freedom, lack of control over your work and life (which causes frustration if things go wrong), and finally the risk of getting fired and having no job.

Now let’s look at a Business Owner. (If you’re a freelancer, this would be you as well!)

Some of the benefits of owning your own business are: you can work when you want, you have no real upper limit on income if you’re willing to work more hours, and you get to choose who you work for.

But, if you’re a business owner, some of the negatives are: you’re often working for clients you can’t afford to lose. And, even though you can work when you want… this often translates to working whenever you’re awake. Finally, although there is no real upper limit to income, it’s affected by what your customers perceive is your value.

And last but certainly not least, we have all the CEOs out there.

Being a CEO certainly has a lot of benefits: You set work hours, but you’ve got the freedom to take vacations or take a day off work when you want to. You can switch off at the end of a day of work. And, there’s no real upper limit on income, as it’s based on the performance of the company!

Of course, being a CEO isn’t perfect: you have to care about every part of the business, you’re in control (and responsible for) everyone below you, and the success or failure of the company falls to you.

As you can see, all 3 have benefits and negatives. However, in my mind, the CEO is clearly the ideal.

Being a CEO has the highest benefits, with the only drawbacks being responsibility… which are still parts of the other 2, of course!

So the question is…why isn’t everyone a CEO?

First of all the argument that “everyone can’t be a CEO” is incorrect.

Although it’s highly unlikely…

it is possible that everyone could become a freelance worker…

Which would make them a business owner…

And the only difference between a business owner and a CEO is how you choose to run your business!

This is where business owners fall down.

Even though you may run a business…. if you’re not running it like a real CEO you’re going to be overstressed, overworked, and struggle to scale.

So ask yourself:

Which of the 3 titles are you now?

And then ask yourself:

Which do you want to be?

There is no right or wrong answer here.

It’ll all about your journey, and the type of position you’re happiest in. All you have to do is determine what that is.

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