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I built a business based on my passion...yikes

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Andy Daniels

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This thread is for those who have been told to "go out there and do what you love, build a business around that!"

Listen up, and listen good:


Before TMF and UNSCRIPTED came into my life, I was just a college student looking to find what I wanted to do with my life. I was big into live music and playing with various bands. I loved gigging and the entire process of booking a show.

I was approached by an old friend, who had an itch to start a business. He too was passionate about the entertainment business, and offered up an idea. Since you love to play shows and do bookings, why don't we start a business around that? And here's where it gets interesting.

I start reaching out to local musicians, and of course they're interested. Booking is a huge endeavor, and here are 2 college kids looking to do all that work for them, who wouldn't be interested in that? (Oh, and don't forget our business cards with our super fancy titles on them. We were totally a legit business now! :rofl:)

Shows are being booked, I am inundated with new music business lingo that I'd never heard before, so I'm learning a lot on the fly (which is pretty fun). Here's this excited soon-to-be college grad passing out business cards, feeling on top of the world.

And here's where shit hits the fan.

I've got most of a tour booked. I am exhausted from emailing talent buyers and industry people. All of a sudden, the band tells me they can't do the first part of the tour because of a time conflict. Now, I know what you're thinking. Don't you guys have contracts that keep both parties accountable? That would certainly be the sensible thing to do! Nope. No contracts. (Mistake #1)

So now looking like a complete idiot, I have to reach out to about a dozen venues and try to re-schedule. Some of the venues work out, but some totally black-list me. I was shell-shocked. What did I do wrong? It wasn't my fault the band flaked on me? Well guess what, nobody cares. Business is war, and those venues only cared about their own profits, which were slipping away. I had been permanently black-listed by some venues, and labeled as an idiot by the others.

All because I wanted to start a business based on my loves. And business kills your loves.

@MJ DeMarco said it best right there. He is absolutely right. Eventually, after your business takes a choke-hold on you, your reasons for doing what your love, will eventually become what you hate. Entrepreneurs hear ye, think long and hard both about what the market needs, and what value you can bring to the table. Leave your hopes and dreams completely out of it.


Hit me with any questions!

All the best,

Andy
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

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Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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