Freelancer<ul><li>Only responsible for yourself</li><li>If you fail, you can very easily just go get a job</li><li>Freedom and flexibility</li><li>Only have a few clients ( can be good and bad)</li><li>No boss</li><li>Mostly focus on your craft</li><li>Dealing with all the minutiae that is not your core skill or craft is annoying</li><li>You get to keep all that you charge because expenses are low</li><li>Success mostly depends on your skills of your craft</li></ul> Business Owner <ul><li>Responsible for many people. If you fail, lots of people and their families are screwed</li><li>Depending on how you run your business, you might end up “being stuck” in your business.</li><li>No boss, but in reality you are accountable to your employees, clients and vendors. So you actually have a ton more bosses</li><li>Lots of clients to manage</li><li>You constantly have to learn new skills: sales, marketing, team building, recruiting, finance, accounting - all things nobody taught you.</li><li>You get to do everything but the craft you love because the company is not best served in that manner</li><li>What you make is everything minus all your expenses - including payroll and what you choose to invest into the company.</li><li>Success depends on your ability to organize the team and leverage the team’s abilities, not your own individual craft skills.</li></ul>

Difference between a Freelancer VS Business Owner

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