Hurdle 1. Make your first dollar. Until then, your business is just a hobby.
Hurdle 2. Make enough money to cover your personal bills. Until then, your business is a business on the side.
Hurdle 3. Make enough money to have profit left over after your personal bills are paid so you can invest in growth.
Hurdle 4. Have so much profit left over that you can give some of it away through philanthropy.
Most people never get over Hurdle 2, and if they do, Hurdle 3 is a lifelong pursuit. It doesn’t have to be this way. Follow these simple steps to achieve greater success.
1. Have clear, written goals
2. Develop inner drive and intrinsic motivation
3. Work hard for several years