Mar 25, 2020
Is it possible for a side hustle
to become your primary source of income? Absolutely! But it takes a
certain amount of commitment to get there, as well as a particular
mindset. You have to show up consistently, even on the days that
you don’t want to, and especially when you don’t feel like
today’s episode I’m
breaking down exactly what’s required to make your side hustle your
Key Highlights of the Episode
This episode is
extremely actionable and insightful. Here are a few key
- Answer this question first - Is your intention
to do a bit of hustling and make some money on the side or do you
genuinely want to build a long-term, sustainable business? You have
to make this decision before moving forward.
realistic about the numbers - How much money do you need to replace
your current paycheck? Replacing your income is what will give you
financial freedom. It should be your first financial goal before
setting any bigger, “get super rich” goals.
path of least resistance - What’s the quickest, simplest path you
can take to where you get freedom of choice? This is why I’m such a
big advocate of selling high-ticket offers. Having only two or
three clients, each paying you over a thousand dollars a month
means you have the capacity to attract these clients and serve them
to the best of your ability.
can you do organically to attract clients? - If you’re working full
time and just getting started with your side hustle, then you
probably don’t have the cash to pay for paid ads.
sure you can handle the back-end - Growing too fast can kill your
business. Being great at sales and signing up a lot of clients is
great for revenue, but you need to be able to take care of the back
end to ensure you can handle the clients you’re
Tune in now.
Raising your rate takes more
effort than just deciding on a new price. Then comes the work of
addressing the objections, effectively articulating your value in
your marketing content, and designing curriculum that delivers on
the promise you sold the client into. Need some help with
Click here to learn more
about how our LEVERAGE Method can
Also, if you haven’t done so
already, subscribe to the podcast. I’m adding a bunch of bonus
episodes to the feed and, if you’re not subscribed, there’s a good
chance you’ll miss out.