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Business: A Lucrative Hobby

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Community Support
June 12, 2017
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Let’s first start off with this: all businesses generate sales. Meaning if you haven’t sold anything yet, you don’t have a business. A business that does not sell enough to make money is considered a bad business (don’t worry, every successful businessman has been there).But at what point do you realize that it’s just an expensive hobby?Another question is... why does that even matter?To know what you have, answer these questions:

Do you generate sales?

If your answer is yes, then go to the next question.If no, then you have a hobby or dream.

Does your business make enough profit to provide for you and your family?

If no, then just keep at it and try to break through. Make a plan, write it down, and grind it out while working two jobs. It’s tough, but you can do it.If you said yes, then you have a business, my friend!

The fact is, your business needs to provide for you and your family. That’s it. If it’s only providing some positive income, see what your venture is telling you you’re worth.To figure that out, use this unbelievably simple formula:(total hours of effort last month / your take home money last month)If you just ran the numbers and found out that you’d make more money working as a cashier at Wendy’s, then you have a long way to go.Why does any of this matter? Well, the truth is, it depends on what you want in life. Do you enjoy the dream of running a business of your own, and is it something that you think you can do? Some people just like the dream and will dabble with the hobby for decades. Others are busting their butts to make it a reality.Anyway, the labels don’t matter; everyone and company started from zero. Everyone. I did, Nike did, Apple did, everyone. We all started from the bottom. Nobody’s paths are the same. You could call the first 3 years of Grunt Style a very expensive and painful hobby, but if you’re willing to learn from all your mistakes and work on your dream 7 days a week, you might be able to do it.Now, go prove everyone else wrong.

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