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Yeah you’re pretty much dead on. If they were doing something even remotely interesting they would say that without being vague.
“I run an Amazon dropship reseller service for cheap pots and planters” is kinda dumb but you are running an actual business. the only way saying you’re an entrepreneur is cool is if you are selling something so sophisticated no one will have any clue what the fuck it is… and even then you’d elaborate a little.
The silence on the matter speaks volumes.
Yeah well I'm a businessman