Dream Income

 
No I’m not going to show you how to have a dream income, instead I’m going to rail against those who make money doing nothing but selling you a dream.

SunsetDreamI don’t respect people who sell nothing but hope and dreams. These are the people who come up with inspirational quotes, who make you believe you can do anything, that all you need is the confidence and belief in yourself. They tout mystical and mythical things like The Secret and “laws” of attraction.

I’m thinking of people like Jim Rohn and Anthony (or is it Tony) Robbins, people whose product is inspiration and motivation. I know they have fans Anthony Robbinsand supporters but they don’t impress me. Jim Rohn was an “entrepreneur” who ran a direct sales organization (Nutri-Bio, whatever that is) that went out of business. (Don’t get me wrong – I couldn’t be successful at that but then again I’m glad that I can’t sell people useless things they don’t need.)

Instead I’m impressed by people like Gary Vaynerchuk who is not short on inspiration and motivation but who doesn’t make those things his only source of income. On the contrary they are a small portion of his success. His speaking and books are his side hustle not his industry.

Similarly I wrote a book and have my own quotes like the one above and this one: “inspiration without action is just a good intention.” But I don’t want to sell you the dream of success, I want you to be motivated by the realization of my dreams as I am by the realization of Gary Vaynerchuk’s.

Gary_1Gary has great quotes but it’s his business success that I derive energy from. Whether it’s building Wine Library from a bricks and mortar liquor store to a large online retailer, or being an important part of social media with Vayner Media, Gary has built tangible success.

Too many people eat up the inspiration of these salesmen and feel great about themselves while they continue sitting on the sofa safe with their dream of success.


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Side Hustle

 
http://www.dreamstime.com/stock-image-hand-displaying-spread-cash-us-one-hundred-dollar-bills-image42507251Make Money Blogging!

Work from Home just Hours a Day!

Turn Your Hobby into Profits!

This all sounds easy and could fit into the definition of what so many entrepreneur cheerleaders call a side hustle. A lot of people post on social media about their side hustles, and Gary Vaynerchuk is a big proponent of hustle in general. The reality, however, is that what many think is a side hustle is really just a time, energy, and money suck.

A side hustle is a way to earn extra money on the side. If you aren’t smart about it and think it will be easy then you will probably fail.

Side hustle isn’t a get rich quick scheme – just ask people who thought flipping houses in the mid 2000s would be easy money.

Most of my side hustles didn’t work out but the difference is that it didn’t cost me much either.

In the appendix of What Next I have a trail map of my career and entrepreneurial side hustles – some are dead ends, some go on for a while, and some have made me lots of money. The point is that I didn’t put all my effort into one thing and I didn’t stop looking for a next hustle. Maybe most important, I was willing to walk away from ones I grew tired of or were becoming a drain rather than an addition to my income, time, or energy.

It’s great to have the motivation to pursue a side hustle but you also have the common sense to know when something is just a pyramid scheme or when an investment could end up costing you more than it makes you. The emphasis should be on the word hustle because these things take work, hard work, and too many people think it will be easy.


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