I could not disagree with this more.... It would be different if you were running 12 crews and making 300k in personal profit, but for a sole proprietor to hang up the hassles of being self employed to make better money, with more free time and less stress is a step up. Anyone....and I mean anyone.... can spend $25 and get some business cards and call themselves a painting business owner. Having a good paying job with a good employer is far more valuable than the meaningless label of being a "company owner". Make your decision on quality of life. If being an employee will be more steady and make your life better, it's certainly not a demotion. If you're a good painter, and you enjoy the trade.... be happy to have a good job opportunity and make the most of it.Going from an owner of a painting company to an employee of a painting company would be considered a demotion on the scale of career advancements. It may be time to look into another vocation.