Why turning your hobby into a business is not such a good idea. 


I have a people that come up to me all the time with their business ideas and it’s so painful to hear so if the ideas they come up with. People always say do what you love and I couldn’t disagree more. 

What is your goal?

It’s painful to hear their ideas; not because they are bad ideas, but because they don’t make great businesses. When I got into business at 16, I loved design. So I became a graphic designer. 

That was my passion. But that wasn’t my goal. My goal was to get rich AF. So, as you can see, my passion and my goals did not align… When was the last time you met a ballin’ ass/wealthy graphic designer?? 🤔

Keep your hobby, a hobby, for your own sake. 

My second reason not to do what you love is because it takes away the only outlet you have to have fun in life. Imagine getting frustrated at work and wanting to get away from it all, but what used to be your get away is now you work… see what I mean?

I love cars, and own a franchise of car dealerships. Unfortunately, I dont enjoy them like I used to because every time I see a car I start thinking about my business. Don’t do it. Do this instead:

Make money, spend it on your hobby

My advice is always to start a business that is for profit, and use the profit to fund your hobby. I know people that love mountain bikes. They will spend $10,000 on a mountain bike… They use their goal of a $10,000 mountain bike as motivation to do well in business. Win, Win. 

When it comes to turning your hobby into a business, reconsider and start a business the fund your hobby.

Hope this helps,

Be great today,

— Q!

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Why you need to get the American Express Gold Card:

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I just got approved for the American Express Gold card!!!! 💳 It has NO LIMIT… Which is dangerous AF lol 😂 But if used wisely, it can help you earn points on money you already spend, so you can fly for free. 💯 Now, I know what you’re thinking: this dude just wrote a book about being debt-free, and he gets a credit card. 🤔 But, here’s the thing, this is not a credit card, it’s a charge card. There’s a difference. Charge cards have to be paid off in-full every 30 days. So it is a great way to maintain your credit, while staying out of debt and has the available option to #stunt!!! 🤑😂😂

 

A week later, I was so impressed with the concept of being able to fly for free that I ordered our whole company Gold Cards. I was informed that American Express Business cards allow your team to earn points for the business overtime they swipe, just like the personal cards do. And we buy cars. I literally spent $4k that week and knew that our whole team would be doing the same thing over the summer so this decision would change everything! Now, whenever we buy cars, or gas, or do ads, or anything, we get points that we can spend as incentives for the sales team; like tickets to the Future concert, iPads, and Hawks tickets – without coming out of pocket. The AMEX cards will also allow us to rack up points to fly for free to our business destinations.
Here’s why you need to get the American Express Gold Card:

1. Earn Points – Every swipe is a point or more. When you sign up, you get a 50,000 pain bonus. To put this in perspective, you need 62,000 points to fly to Hawaii from Salt Lake City round trip for 5 days.

2. Safer than a debit – If anybody get this card info, you’re not responsible for any charges you didn’t make.

3. Builds credit – The concept of this card is essentially borrowing money for 30 days, and paying it down, so it builds your credit.

4. Keeps you out of debt – since you have to pay the card balance off in full every month, you never end up back in debt.

5. Has a higher spending limit than debit cards – Most banks will limit your spend to $7,000 a day. I buy cars, so that wasn’t enough for me. With American Express, there is no pre-set spending limit, so if you make large purchases for your business, and you don’t have to worry about them declining you or not having enough credit to execute.

Until next time, Q.

Millennials to Millionaires OUT NOW!

It’s here! My new book: Millennials to Millionaires is OUT NOW!

In Millennials to Millionaires, I explain 6 self-proven, easy-to-follow steps that will lead you out of debt and into financial peace. Including how to pay your credit cards off, how to eliminate your car note, paying off student loans, and how to pay your mortgage off in half of the time. I present a common-sense approach to owning your life. Are you ready to get out of debt?

Get my New Book Millennials to Millionaires here: http://amzn.to/2kD4ts5

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Get my New Book Millennials to Millionaires here: http://amzn.to/2kD4ts5

My fascination with #privatejets is getting ridiculous. 

‪Oval windows signify the ultimate in business achievement and represent the cutting edge in business aviation: #Gulfstream. Their smallest jet will set you back $14M. So, when you see a guy hopping off of a Gulfstream, it goes without spoken expression, that he is indeed a success. Can’t stop til the squad is on top. In 2018, this is how we’re movin. I’m doing everything I can to see to it. 

– Q

The one and only way to supercharge your 2018.

Everyone wants to know how to get that boost in 2017. I read a book called Leaders eat Last this week and it talked about how much more important things become when it’s a matter of life and death, which got me thinking: Why don’t we treat success like it’s life or death?

Imagine that you know you are going to die on Dec. 31st 2017. How hard would you go?

The one and only way to supercharge your 2018.

Everyone wants to know how to get that boost in 2017. I read a book called Leaders eat Last this week and it talked about how much more important things become when it’s a matter of life and death, which got me thinking: Why don’t we treat success like it’s life or death?

Imagine that you know you are going to die on Dec. 31st 2017. How hard would you go?

Too many times we try to be reasonable about our dreams and aspirations like we have forever. We act like 80 years is a long time to live, but it’s really not. If you want to realize all of your dreams, you have to work on them; and work on them like you are about to die.

This year, we are going to work like it’s our last chance, like it’s our last year.

2017 Let’s get it!!! – Q

Investor, Entrepreneur, Author.