The Modern Observer Group

This might sting a little but most people who think they have a business are really just indulging in an expensive hobby. Here’s how you can tell the difference:

1. Money Talks: A business makes money. Period. If you’re not consistently bringing in cash, you don’t have a business – you have a hobby that’s eating up your time and resources.
2. Scale Matters: A real business can scale. If you can’t step away without everything falling apart, you’re not running a business, you’re just self-employed.
3. Market Demand: A business solves a problem people are willing to pay for. If you’re the only one excited about your product, that’s a hobby, my friend.
4. Investment Mindset: In a business, you reinvest profits to grow. If you’re spending more than you’re making, that’s called a money pit, not a business.
5. Time Commitment: A hobby fits around your life. A business becomes your life. Are you all in, or just dipping your toes?

Turning Your Hobby Into A Business

Now, if you’ve realized you’re stuck in hobby-land but want to build a real, cash-flowing machine, here’s what you need to do:

1. Get Obsessed: Treat your hobby like it’s the most important thing in the world. Because if you want it to be a business, it needs to be.
2. Study the Market: Who else is doing what you do? How are they making money? What gaps can you fill?
3. Create a Real Business Plan: Not some flimsy one-pager, but a detailed roadmap to profitability.
4. Invest in Yourself: Take courses, attend seminars, and read books. Become the expert in your field.
5. Network Like Crazy: Your network is your net worth. Get out there and connect with people who can help you grow.
6. Set Massive Goals: Don’t think about making a few bucks. Think about dominating your market. Level up your expectations.
7. Take Massive Action: Ideas are worthless without execution. Start doing something – anything – to move forward every single day.
8. Be Willing to Fail: Failure is part of the game. Embrace it, learn from it, and keep pushing.
9. Focus on Sales: Without sales, you don’t have a business. Period. Get comfortable selling or hire someone who is.
10. Scale, Scale, Scale: Once you start seeing success, don’t get comfortable. That’s when you need to push even harder.

Level Up

Remember, the difference between a hobby and a business is your mindset and your actions. A hobby is something you do for fun. A business is something you do to create wealth and impact.

So, which one are you running? If it’s just a hobby, are you ready to step up and build something real? The choice is yours, but let me tell you, there’s nothing more satisfying than turning your passion into a powerhouse business that generates real wealth and changes lives.

Here’s the challenge: Take that hobby, level up your commitment, and build a business that dominates. The world is waiting for you to make your mark. Now go out there and make it happen!  Schedule a call here or contact us at the information below. Modern Observer Group programs are based on the Businetiks system as detailed in the book, “The Businetiks Way.”