Many of us work for someone else and get paid on an hourly, salary, or contractual basis. Then there are others who have their own businesses selling products or services they choose to supply, manufacture, or tailor to meet market demands. There are instances when business ideas are based on an imagined world that is about to be shaped by those ideas. Those ideas are sold to the rest of us to impact our lifestyles forever. These scenarios are meant to create transactional activities that can be monetized in the future. Hourly and salaried individuals monetize their activities every two weeks or monthly. Contractual workers reap the benefits according to their contract, while the people who are shaping the future of the world, hope to cash in when the future arrives.
The secret is, whatever transactional activity you are involved in, that is your business. Ask yourself, who do you really work for, yourself or someone else? When you realize you work for yourself, you are supervising your own work, capacity, and quality. You are constantly improving yourself and the products and services that you offer. You are advancing in the market. You are making yourself more and more relevant to the needs of the world in general, in your field, and for your clients, who could also be your employer.
The new online work environment, where people are working without direct supervision from their homes has made this mindset of you as your own business entity even more essential to survive in the evolving business world. The flexibility of working from anywhere for the worker gives the employer the freedom to hire everywhere. As a business person, keep in mind that businesses work on margins. If something is available at a discounted rate, why would you pay twice as much, unless the quality of that service or product has become so relevant that you cannot survive without it? When you build your own capacity, commit yourself to quality, and acquire marketable relevance for who you do business with, you have secured yourself as a business entity.