Choose your own adventure!
Definition: Working for someone else to collect a salary (or salary equivalent)
Control of...: Aspects of yourself
Area of Focus: Where should I spend my work time?
Goal: Upward Mobility
Path to Wealth: Live below your means
Portfolio of...: Experience
Definition: Working for yourself
Control of...: Yourself and your clients
Area of Focus: What work should I do?
Goal: Better Customers
Path to Wealth: Pick better clients
Portfolio of...: Clients
Definition: Owning a business to generate a profit (and possibly an asset)
Control of...: Yourself and internal resources
Area of Focus: How should the work get completed?
Goal: Profit
Path to Wealth: Get more efficient/profitable
Portfolio of...: Revenue/Customers
Definition: Working for yourself to collect a salary and build a scalable, sellable asset
Control of...: Yourself, internal and external resources
Area of Focus: Why should work get completed?
Goal: Growth/Exit
Path to Wealth: Grow the company and sell your ownership
Portfolio of...: Companies
Definition: Partial ownership of scalable, sellable assets
Control of...: Yourself and internal resources
Area of Focus: When should the work get completed?
Goal: Returns
Path to Wealth: Invest in a portfolio of companies and hope for a winner
Portfolio of...: Investments
Definition: Majority ownership of multiple businesses
Control of...: Yourself and internal resources
Area of Focus: Who should I invest my time and money with?
Goal: Profit, Returns
Path to Wealth: Invest in a portfolio of companies and get more efficient/profitable
Portfolio of...: Companies