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Old 21st April 2014, 05:06 PM   #18
1aokgal
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Re: 20 years Trapped

Hi Chosen,

A business entity in US is the same. One keeps detailed earning records, inventory control, and there is a lot of paperwork to file tax returns and pay taxes on the earned money. You are CEO, bookkeeper, clerk, postal clerk and the grunt at the bottom, who produces the goods and decides what works and what doesn't. You also are the owner of a bank account with a positive cash flow! One has to have good time management and judge when to invest more in the business to increase exposure and earnings. No part time job is going to bring in that kind of income.
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