A boss is the one who promotes his employees. How can an employee be promoted above the boss who own the business? I've never heard anything like such happening in any business. Isn't the boss the one who pays his workers?
Not at all, it's never done anywhere for a boss to come and fall under his employee whom he was the one that prompted and paid. Although, it's only in football that I have seen something similar. A coach is supposed to be above his players because he asked for them to be signed. They play under him but there have been situations that we have see a coach get sacked because of his issue with a player.