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RE: Are you running a BUSINESS or simply a HUSTLE?

in #money7 years ago

I think a business and a hustle are two seperate things but can also be the same thing.

For example, someone who finds a supplier in China, sets up a website, sells a product, etc is clearly a business.

Someone who sees a Blockbuster store going out of business and stops in and buys some cheap DVD's to resell on eBay is more of a hustle.

That's not however to say that the hustler doesn't have success, realize he's onto something and find a supplier for games so he can continue to run his business even after he sells out of his limited inventory.

I guess at the end of the day each person has to decide for themsevles whether they want a real business or a hustle, it's not my place to decide for someone. That said personally speaking I view for example a dropshipper as more of a hustler and someone buying inventory as more of a real business because the second person actually has some control over there business where as the first doesn't.

I think we can further break down a hustle into a side hustle. I do a weekly series every tuesday and thursday where we talk about different side hustle businesses. A side hustle is typically something you can start outside of your 9-5 job without a ton of money and something that works wtihin your schedule and free time.

I love side hustles as they oftentimes lead to a real business if done right, but you can get them started without a lot of risk or money

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Thanks @rulesforrebels! I watch your side hustle vids. Some cool ideas. See my bud has websites that he has sold (Drop Shipping) based business. But right now he has no control over his business because he is at the mercy of his suppliers as you stated above. The same as anyone relying on eBay, Amazon, or other 3rd party sites to sell on.

You do not own the real estate, so you have to play their game,,,,,,,yet you do have supply.

It was eating me up man! Thanks for chiming in! You made perfect sense. :)