Ep. 70 – Paralyzed? 3 Easy Ways To Expose If This Is A Business Or Hobby

Today I’m telling you about my most frustrating tax experience.

Get that in your purse: Check out the Headline Analyzer from CoSchedule.

How to know if your Business Idea is a Good One.
How to know if your Business Idea is a Good One.

Pull in your audience with titles to engage your audience. This tool is a great one to use to spark ideas, evaluate the power words, and keep it the right length. Spark the ideas. Pull in emotion. Make a list. Simplify your words. Less is more. Whatever you are writing, run your title through this software.

Speak the Lingo: Today’s Leadership Lingo Term: Technical Skills. Technical job skills are those talents, abilities, and expertise acquired to perform a specific responsibility. Technical skills are usually learned through study and practice. Resumes are usually filled with technical skills. For your taxes, legal situations, etc. turn to someone with the right technical skills.

Habits of Excellence: This week’s Habit of Excellence: Go to bed 15 minutes earlier. Use this time away from your phone to let yourself be quiet, release the thoughts of the day, and just relax. This one tiny habit has helped me get to that deep sleep faster.

Today’s focus: 3 easy ways to expose if this is a business or hobby. Determine your plan to remain in business. Remember the number one rule of business, “Make a profit so you can stay in business”. Decide if you have an audience that likes your work, or is willing to purchase something from you. Answer these 9 questions from the IRS. The Small Business Administration shares guidelines here. The IRS determines the difference through these 9 criteria. Specific questions to ask yourself are shared by The Simple Dollar. These first few steps are how you’ll be able to determine business concept.

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