Entrepreneurs, let’s not fool ourselves with all this talk of doing what we love and the money will, um, fund an early retirement.
I’m all for doing what you love, believe me, I just don’t want you to think you have a business when what you really have is a fine-tuned, fully operational hobby.
Here’s a quick gut-check on the realities of a business vs. a hobby:
1. You’re making money. This may sound obvious, but do you know how many people send out a press release after they’ve put up a website? Me either, but I know it happens …