Landlords acquire hire, tenants pay it. Landlords personal an asset that will increase in worth over time. Tenants have the liberty to maneuver on.
For those who’re constructing a enterprise, it pays to personal an asset. Your labor doesn’t scale properly, and success could be exhausting.
It’s higher to be Google than it’s to be hoping for site visitors from Google. And it’s higher to personal belief and a spotlight than it’s to need to borrow or lease it.
What do you personal?
Do you personal shelf area? A proprietary know-how or machine? A big status? A well-trafficked place on-line or off?
Is it potential to re-arrange your day to supply just a bit extra possession every day?
If we’re busy paying hire, it’s usually troublesome to seek out the main target and sources to construct an asset, and so the cycle persists.
For those who’re unsure the place you stand, you’re most likely a tenant.
