TCF806: Are You Building a Real Business, or is This a Hobby?

“To be or not to be in business for yourself?” — Steve asks every contractor this question that he helps. Unfortunately, many contractors treat their business as a hobby or side gig and lack the true business mindset needed for success. In this episode, Steve shares if contractors want to run their business successfully, they need to stop treating it like a hobby or side gig. He challenges contractors to reflect on whether they are truly running a real business or just operating as a hobby.

In this episode, Steve discusses:

  • The reasons why most contractors work long hours but don’t earn much money
  • Steve’s entrepreneurial experiences and the lessons he learned throughout his entrepreneurial journey
  • Learning how to run a business properly first, then focusing on technical skills 
  • Tips for contractors to be a real business person
  • How contractors can tell if they are really running a business or just a hobby


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