Quote:
Originally Posted by PepsiFree
People need money (earnings) to live. A business owner does not need profits to keep the business, or themselves, alive.
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It's not different than having a job. For a small business owner, the profits are their wage and many of them make less than their employees. Half the business owners I know are people who started as workers in the industry before going out on their own. If their business fails, not only is their income gone, but they likely have a lot of debt to pay off after as well.
I would say having your business fail is 10x worse than just losing a job.