In our forty-third recap of Season III, we'll highlight the lessons learned in this week. Also: an audio update from a previous case study!
Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are.
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
what's up hello and welcome, my name is critical about recitals sport school. We have just finished weak number. Forty three season, three of the programme,
This week featured a mom who finds love as a dating profile. Ghost writer critical business actually built that six figures an unplanned plus size, modeling career and a call tick coffee shop in Scotland
Let's look today and how to review and grow your list of assets. In case you missed it. If you episodes back, I encourage you to make a list of all your assets, and I said at the time that it now
Disney thing that holds our increases in value over time. That's what we're looking for. So there are such things as assets that depreciate or lose value over time, but let's not worry about that for now. So traditionally, when you hear ask that you might think of real estate, you might think of stocks and bonds. You got a retirement fund, mutual funds, whatever
and in that counts for sure. But it can also mean all kinds of other stuff and kind of stuff that we focus on with sawdust or school, a product that you sell us
that you provided royalties, yearn for something passive affiliate income or any other number of things.
Including everything that you hear about just about every day, or let's say at least four or five days a week, you're on the programme,
I often say that everyone needs more than one source of income and that's kind of the genesis of this whole project. That's true right, like you, and if you dont want to be
corner. There is something out there are that you can do to make extra money which can go a long way in terms of providing security, giving yourself more options. It back up plan an escape route, perhaps just I'll get things now. Ideally it's not just another job, it's bringing that extra paycheck, it's something! That's helping! You get ahead, not just work harder. So I'm talking about assets and when we started, I said it it's my goal for every person who,
since decider school at least regularly I to be able to earn at least five hundred dollars a month in addition to whatever their job rings in their right to a workshop or a talk. That's awesome like offer reproduce, but I cannot come into this talking.
Able to learn something to where you can go and apply it and be able to make at least by four dollars a month from it
maybe I life, changing amount of money, but it is something that significant significant can actually pay a lot of bills, etc, and then also it can be very empower because your
Whilst I can earn five hours, might wonder what I could do to earn a thousand or two thousand dollars more now. I want to go back to that because the point-
all these daily stories is to provide a model, one it's different than what you may have heard elsewhere
Nor can it be going into holiday soon and that's a crazy time for a lot of us, of course. So if something
to be on hold until January. I understand, but I would also
but you don't have to wait for a new year new. You you'll have to wait for years.
Lucian or whatever. It is to get serious about your goals. So I encourage you to set a goal of having some kind of new digital asset within the next thirty days. We talk about this a bit over the next coming weeks. I can be anything a product, a service in an affiliate income or something else- and I ll give you just a simple step here. If nothing else, if you gotta project you're working on already, that's great, you know see what you can do to move. That forward for party have an existing side. Asshole is there's something you can do to create a new.
Set from that, whether it's a new products and new service, it knew something else. You don't look if nothing else go inside out for an Amazon Associates account. I mention this before
you can be an Amazon associate, choose their affiliate program. That way you can earn a commission whenever you shop there or when you share a link with friends on coiling to that in a show, notes and also some other ideas. Some other options are based on some previous episodes, so my courage meant my challenge is to set a goal for having some kind of
asset within the next thirty days are right. In a moment, we gonna go into the audio updates from a previously featured side. Ostler this one features David, who actually cells, pubic oil. That's correct: pubic oil with his business partners in Ottawa. Guy featured historian a hundred satisfies book as well, because it was just so unusual, so David coming up, but first a message from our sponsor really appreciate them: allowing us to keep the lights on feed the cat and provide all this content to you every single day for free, so message from our sponsor and then David.
Hey. This is David, moreover, Canada, my side, hustlers Bush bonds can care, and it was featured on episode three twenty six, since they ever so dared. We ve tripled our wholesale counts, double their product line and invested over a hundred times
thousand dollars in the packaging and manufacture. We may only make pubic oils and exploiting scrubbs, but it took us over six months to find the right supplies. We may custom printed boxes, bottles and even found a brand new cosmetic manufacturer to help
Scale we couldn't be happier, even though we still are over fifty thousand dollars in death. We know this foreign investment is worth it because, sadly, in twenty nineteen were sold out for over two months were fully sought and perfectly position to have a real break out year. Twenty twenty overall, this process has taught me how important is deeply understand your customers and what they truly want. Since we may, these changes are repeats. Hails numbers are through the roof. It's a really big deal for us further listeners out there going through something similar I'd start by plodding your future failure for us. As we succeeded
marketing. We quickly failed with manufacturing as we failed manufacturing. We quickly failed with fulfilling orders. Most of these issues are really simple. The map out so just go ahead and do it this
you and your business partners resolve any of these issues as you hit them, because you ve kind of prepared mentally next up for planning on getting five hundred wholesale spa accounts and have already started conversations with large retail stores. More to come from the Bush Bonteen, so talk soon. Awesome. Thank you so much David Crochet. What you guys are doing up there and this whole advice about plotting your future failures that so interesting, just kind of looking ahead and seeing like what the minefields are, what potential pitfalls, challenges etc might be, and then how you might be able to respond to them. They help somebody out there, and also, when I mentioned to everyone David talked about being in debt for their business, be careful with that. Obviously, these guys know what they're doing they ve been very strategic, unintentional lording from their mistakes as they go. They really do have a goal of schooling is business, which is great for them
for most people think you could start without that, and then, when you see if your business is going to work, that's when you might come and face that question of do I choose to invest morning or not by more than enough course. If you have a question or comment would love to hear from you feel free to give us a call number is eight hundred and forty four nine hundred and eighty eight four hundred and forty nine four thousand eight hundred and seventy eight fifty three or you can just send us an email podcast at Sasol school dot com.
Excited to bring you a new set of stories next week, including one apply three brothers or of one story about three brothers rather in southern California that have turned frozen, treats into a hot business. So these bodies are actually quite young, believe it's nine eleven and thirteen. I am not mistaken there making real money. That was a funny story. Work on it should be available to you to Morrow. Actually I look forward to having it out there and before I
the week. I just want to say a few thank yous. First of all to you are listener the high, if you're, listening, you're the reason we make this show. I said in the first episode how many episodes go with that.
Twenty nine one thousand and twenty nine episodes ago- that if you make the commitment to make this part of your daily routine than I to commit to supporting you in your quest to create that new source of income, we could cause an asset, in fact that do asked
Perhaps you thought about for a while, but haven't turned into reality until now. Want to make those dreams are. Reality am also grateful to our produce, chuck red community liaison JET Cheng content, miniature Tina Heart and the official show cat, of course
the girl about all of us on the team, are part of the ongoing project which is created and led by best selling author aggression ribbon. You should check out her programme happier if Gretchen Ribbon, as well as happier in Hollywood and the programme from less urban. Do the thing all these shows our free unless you're supported your enjoying this one? Well, I guess you're enjoying all of them, but this one in particular since you're listening right now, I'd be so grateful for your quick rating in Ethyl pot cast
I just takes a second to help. Other people discover the show. You can also tell your friends or even better show them how to subscribe. You know somebody,
their who needs another source of income. Send it to us will do our best to take care of them
I hope you'll join me again to Morrow everyday next week for more inspiring stories. Actionable ideas consider this a short daily investment in yourself, episodes that go on
every day at six one a m eastern time. My name is critical about this is side Us
from the onward projects.
Transcript generated on 2020-04-24.