I bought a really small business in the translation industry late last year. Since purchase our monthly revenue has grown ~ 190% and we have solid plans to continue the growth. We have 4 people on our internal team, but everyone works remote and part time (approx. 20 hours/week) including me. Our main workforce is made up of freelance translators (about 45 of them at the moment). I handle development, marketing, strategy, etc. and the other internal staff handles operations and customer service.
Our translations are mostly used for immigration purposes so it is a really gratifying business as many clients go out of their way to express their happiness with our service. We are dead serious about our business though... lots in our niche are not, but I won't bore you with the details.
How do you handle the separation between home and work? I've noticed that when I am working for an hourly wage at a business I appreciate not having to think about work after I leave.
I've never really had separation between home and work. I started my first business in college and have worked for myself ever since. I've had offices/warehouse related to some of the ecommerce stuff I've done, but even then I'd work from home a lot. My brother is a developer at an agency that I sometimes consult for. They keep a desk open for me there too so if I want to work around people I'll go in there.
So there isn't much physical separation of home and work and there is really no mental separation either since I own my own business.
For the most part I'm able to turn it off when I need/want to. If I'm not feeling productive or just want to do something else I can set the work down and pick up a guitar, go work out, ride a motorcycle, go see a movie, etc. and not think about the work until I get back to it. If I couldn't do that I'd probably prefer more separation of home and work.
Our translations are mostly used for immigration purposes so it is a really gratifying business as many clients go out of their way to express their happiness with our service. We are dead serious about our business though... lots in our niche are not, but I won't bore you with the details.