Should I Worry That I Don't Enjoy the Business I Started?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9 • 638 Ratings

🗓️ 14 September 2016

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's question comes from Nick, who has started a business model, but he has discovered that he does not enjoy the work involved in running the business. Nick's site is https://compassionateman.com/. In this episode I talk about a few exercises from my book on validating your idea for a business, Will It Fly? (http://willitflybook.com). Do you have a question about running a business? Record it at http://www.askpat.com/.

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Transcript

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0:00.0	What's up, AskPath.com.com.
0:11.0	What's up, everybody, and welcome to episode 692 of AskPath.
0:14.8	Thank you so much for joining me today.
0:16.5	As always, I'm here to help you by answering your online business questions five days a week.
0:20.5	All right.
0:21.0	Now, here's today's question from Nick.
0:23.3	Hey, Pat.
0:24.0	My name is Nick Coughlin, and I publish a monthly digital magazine called Compassionate Man.
0:29.2	So I have a somewhat embarrassing question to ask you, but I have to imagine that others in
0:34.3	your audience have experienced the same thing.
0:36.8	So my business is less than a
0:38.5	year old and I'm getting ready to publish my fifth issue of the magazine next month. I'm nowhere near
0:43.9	breaking even at this point and yes, that's a concern, but I know that I need to be patient as
0:49.7	things built. I do understand that it takes a while to start making money, or it can take a while.
0:55.2	Anyway, that's not what has me really concerned. I'm really concerned about the fact that I'm not
1:01.2	enjoying this business at all. I don't enjoy putting a magazine together every month, and I just
1:07.1	didn't realize that that was going to happen. You know, I don't have any delusions of creating a product and sitting back to the next 30
1:14.1	years, raking in cash.
1:15.3	But this model that I have going right now is almost the antithesis of a passive form of income.
1:21.9	So what advice do you have for people like me who've dedicated massive amounts of time and money and effort
1:28.9	into a project like this, only to realize that they don't even enjoy running the business.
1:34.5	Thanks, Pat. I look forward to hearing your answer.
	...

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