Oct 7, 2026 · 29 min · 13 segments
What's the difference between running a hobby and running a real business? According to financial management expert Leslie Shiner, it comes down to whether you're actually looking at your numbers. In…
Leslie ShinerGuestPaul DolenceHostAnd with integrator and companies and businesses, since beginning, um, or even in the last five years, you know, have you seen a shift in the attitudes towards money profitability, or is, is there still similar habits that are still you're, you're trying to, to break for, um, our integrators?

You know, the issue is that when I first started, nobody had been in business for more than a couple years, right?

Now I'll have people in my class, and I'll have people that are just starting, but I'll also have people that have been around a long time.

And so what they can add to that is validation that if you want to be in it for the long haul, you have to do more than just treat it like a hobby.

You have to do-- You have to treat it like a business and make good business decisions.

So I think the industry has changed because it's maturing, but there's still, in many classes, there's someone who just started.

What I have now that I never used to have is people that have bought businesses.

... either they worked for the company and bought it out or, you know, there's a lot of different reasons, and they've bought or sold businesses.

And I do like the fact that many of the classes are populated with newbies and then some old-timers.

I shouldn't say old-timers, people that are very experienced in business, and they can feed off each other and really help each other.
So similar to that question, so what are some common misconceptions or issues that you see, you know, year in and year out with, with, with the integrators?

Uh, the first thing is that money that a customer gives you to buy something needs to be used to buy something.
And with integrator and companies and businesses, since beginning, um, or even in the last five years, you know, have you seen a shift in the attitudes towards money profitability, or is, is there still similar habits that are still you're, you're trying to, to break for, um, our integrators?

You know, the issue is that when I first started, nobody had been in business for more than a couple years, right?

Now I'll have people in my class, and I'll have people that are just starting, but I'll also have people that have been around a long time.

And so what they can add to that is validation that if you want to be in it for the long haul, you have to do more than just treat it like a hobby.

You have to do-- You have to treat it like a business and make good business decisions.

So I think the industry has changed because it's maturing, but there's still, in many classes, there's someone who just started.

What I have now that I never used to have is people that have bought businesses.

... either they worked for the company and bought it out or, you know, there's a lot of different reasons, and they've bought or sold businesses.

And I do like the fact that many of the classes are populated with newbies and then some old-timers.

I shouldn't say old-timers, people that are very experienced in business, and they can feed off each other and really help each other.
So similar to that question, so what are some common misconceptions or issues that you see, you know, year in and year out with, with, with the integrators?

Uh, the first thing is that money that a customer gives you to buy something needs to be used to buy something.
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