There is a difference between a hobby and business, according to the IRS and according to investors. You could also invent something awesome, and not make any m

There is a difference between a hobby and business, according to the IRS and according to investors. You could also invent something awesome, and not make any money, but the world loves it. You might still get something rewarding out of that feeling. Start a business to make money, but start a hobby to explore and enjoy. It is also possible you will start one way and the end up on the other side (biz vs hob)