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How To Turn A Passion Into A Passive Paycheck, According Ryan Scribner
Photo by Monstera Production on Pexels.com‘Start your side hustle with the intention of being the very best at whatever you do. Why aim for mediocrity?‘
‘Take time to figure out your ‘why’ behing starting your side hustle. This will be your long-term source of motivation.’
‘Represent yourself and your business as professionally as possible. This, in turn, has an impact on how others perceive you and your business.’
‘Sharing your story with your audience is a great way to build an emotional connection.’
‘Recognize that building a successful side hustle involves turning down other short-term moneymaking opportunities.’
‘The right relationships can help you pursue your dreams and build your business. Focus on the relationships that lift you up, not the ones that bring you down.’
‘Instead of simply offering information about a product or service, teach your customer how to use it. In return, you are likely to be rewarded with referrals and repeat business.’
‘Diversification is the strategy of spreading your eggs across multiple baskets instead of putting all your eggs in one.’
‘Reduce high-cost spending categories such as your transportation and housing by driving a reliable older vehicle and living with family, if possible.’
‘Create a written plan to follow. This doesn’t have to be formal business plan, but it doesn’t have to be in writing, not just in your head.’
‘Short-term intensity is not the goal. Instead, ask yourself what you could realistically see yourself doing every week for the next decade of your life.’
‘In order to have success in the long run, you need to be both people-rich and money-rich.’
Source
Ryan Scribner (2022). From Side Hustle to Main Hustle to Millionaire: 13 Lessons to Turn a Passion Into a Passive Paycheck
#Business #BusinessManagement #Change #Growth #HealthAndWellBeing #Hustle #Lessons #Life #Millionaire #Money #Passion #PeopleEmpowerment #PersonalDevelopment #Relationships #SuccessWhy do people keep saying “just start a business” like it’s an easy fix for bad jobs, when most businesses fail?
What’s the most bizarre business someone you know (or you) started that ended up being profitable?
I'm actually on the tram to come and introduce myself right now.
Applied online then immediately got on a tram. The employer called while I was en route. Three weeks into a job, I'd already documented every incident, flipped the script on HR, and watched my manager squirm. I haven't eaten lunch. That's okay.
I listen to Bukowski's Go All The Way as I walk through South Yarra. The leaves are falling. I'm crying. And I'm going all the way.