I have learned that wealth is a long-term play and it doesn't happen overnight. Wealth is about legacy, a legacy that is multi-generational.
There are four levels in business I figured out while studying.
At the first level, which is at the bottom or at the very beginning, you are a professional. As a professional you get the job, you do the job, you meet with the client. You are not an entrepreneur yet, you're a professional.
Above this is self-employed. You get the work, go and find clients, then take that work and give it to other professionals who will execute on it. At this point you are still not an entrepreneur yet.
Next is the business owner. You become the individual running the business. You have several branches of your business, run by other people who would fit the mold of being self-employed. A good example is something like a franchise business or a real estate business.
The fourth level is the entrepreneur. An entrepreneur is an individual who has a series of what you would qualify as business owners managing and running their businesses.
This is what I have come to understand and by that I know that currently I'm at the first level of business.
What level are you on?