That is because as soon as the word racism is brought into a discussion, people are afraid of being painted with the broad brush. And if you don't agree with my opinion, it is because you are a racist. (See what I did there?)
You are a business and your time and effort is your product. The costs of living such as food, clothing, lodging, transportation, etc. are your expenses. Your wages minus your expenses is your profit.
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That is because as soon as the word racism is brought into a discussion, people are afraid of being painted with the broad brush. And if you don't agree with my opinion, it is because you are a racist. (See what I did there?)
You are a business and your time and effort is your product. The costs of living such as food, clothing, lodging, transportation, etc. are your expenses. Your wages minus your expenses is your profit.
... 2) To start up this business, I used savings from wages from working as a regular employee; ...
So, that savings from your wages that was above and beyond your living expenses, what would you call it? Sounds like profit to me.