E15: Do You Have a Business, a Hobby, or Just a Side Hustle?

Real Talk (and a Slice of Cake) with Business Besties Emma & Leanne

In this real and relatable conversation, Emma and Leanne dive into an important mindset question that many self-employed people wrestle with: "Am I running a business, or do I just have a hobby or side hustle?" They unpack what truly defines a business, why mindset matters more than your current income, and how seeing yourself as a business owner can shift everything. Whether you’re making five pence or five million, if you're working for yourself…you have a business.

Key Takeaways:

• If you're self-employed, you have a business, regardless of how much you're currently earning.
  
• Mindset matters: Calling it a “side hustle” can unintentionally limit your growth. Thinking of yourself as a business owner helps you show up differently.
  
• Clarity is key: Many people never ask themselves, “What do I actually want from this?” Knowing your goals is essential for sustainable growth.
  
• Network marketers, freelancers, and hobbyists…if you’re earning money and it’s within your control, it’s a business.
  
• Beware the "expensive hobby" trap. If you're constantly spending and not thinking about profit, it's time to re-evaluate.
  
• How you introduce yourself says a lot: Are you calling yourself self-employed, a founder, a freelancer, or a business owner? That language reflects and reinforces your mindset.

Actions & Reflections for Listeners:

1. Reflect on how you define what you do: Is it a business, hobby, or side hustle in your mind and why?
   
2. Audit your mindset: Are you holding yourself back by not owning the title “business owner”?
   
3. Ask yourself the big question: Where do I want this to be in 1, 2, or 5 years?
   
   
4. Track your numbers: Are you making money, or just spending? Start treating your business like a business.
   
5. Pay attention to how you introduce yourself: Try using “I run my own business” and notice how that shifts the conversation and your confidence.

🔗 Links & Resources:

💥 The £99 (or Less) Offer Idea Generator Prompt
Plug this prompt into ChatGPT and get 5 low-ticket offer ideas your audience will actually want to buy.

https://info.simplifybusinesssuccess.com/free-01

Want support building your business without the overwhelm?Check out our Business Builder here:

https://info.simplifybusinesssuccess.com/free-02

☎️ Join our free bi-weekly 'don't ask google, ask us' call where we can help you first hand move the needle in your business.

https://info.simplifybusinesssuccess.com/dagau-425226

📱 Connect with us on Socials:

https://www.instagram.com/simplify.business.success
https://www.facebook.com/simplifybusinesssuccess
https://www.linkedin.com/company/simplify-business-success/

🎥 Subscribe to our YouTube Channel:

https://www.youtube.com/@SimplifyBusinessSuccess

Final Thought:

Hit Follow now and join us each week for the strategies,...