#1030 - WEEKLY RECAP: How to Review (and Grow!) Your List of Assets
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 27 October 2019
⏱️ 10 minutes
🧾️ Download transcript
Summary
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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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
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Transcript
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| 0:00.0 | What's up, hello and welcome. My name is Chris Gillibot for Side Usal School. We have just finished week number 43 of season three of the program. |
| 0:18.0 | This week featured a mom who finds love as a dating profile ghostwriter. |
| 0:23.0 | The school business actually builds that to six figures, an unplanned plus size modeling career, and a cultic coffee shop in Scotland. |
| 0:32.0 | Let's look today at how to review and grow your list of assets. In case you missed it, a few episodes back I encouraged you to make a list of all your assets. |
| 0:40.0 | I said at the time that an asset is anything that holds or increases in value over time. That's what we're looking for. |
| 0:46.0 | There are such things as assets that depreciate or lose value over time, but let's not worry about that for now. |
| 0:52.0 | Traditionally, when you hear asset, you might think of real estate, stocks and bonds, retirement fund, mutual funds, whatever. That counts for sure. |
| 1:02.0 | But it can also mean all kinds of other stuff. The stuff we focus on with Side Usal School, a product that you sell, a service that you provided, |
| 1:10.0 | where all the things you earn 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 here on the program. |
| 1:22.0 | Now, I often say that everyone needs more than one source of income, and that's kind of the genesis of this whole project, and that's true. |
| 1:29.0 | Even if you don't want to be an entrepreneur, there is something out there that you can do to make extra money, which can go a long way in terms of providing security, giving yourself more options at backup plan, and escape route, perhaps. |
| 1:40.0 | It's all good things. |
| 1:42.0 | Now, ideally, it's not just another job. It's bringing you that extra paycheck. It's something that's helping you get ahead. Not just work harder. That's why I'm talking about assets. |
| 1:50.0 | And when we started, I said that it's my goal for every person who listens to Side Usal School, at least regularly, to be able to earn at least $500 a month in addition to whatever their job brings in. |
| 2:00.0 | Whenever I do a workshop or a talk, that's also my goal for every participant. |
| 2:04.0 | Like you're going to come into this talk, and you're going to be able to learn something to where you can go and apply it, and be able to make at least $500 a month from it. |
| 2:11.0 | That's not going to be a life-changing amount of money, but it is something that's significant. I can actually pay a lot of bills, et cetera. |
| 2:17.0 | And then also, it can be very empowering, because you're like, wow, if I could earn $500 a month, I wonder what I could do to earn $1,000 or $2,000 or more. |
| 2:25.0 | Now, I want to go back to that, because the point of all these daily stories is to provide a model, one that's different than what you may have heard elsewhere. |
| 2:32.0 | I know we're going to be going into holidays soon, and that's a crazy time for a lot of us, of course. |
| 2:37.0 | So if some things need to be on hold until January, I understand, but I would also encourage you, you don't have to wait for New Year, New Year, New Year, New Year, New Year's resolution or whatever it is to get serious about your goals. |
| 2:48.0 | So I encourage you to set a goal of having some kind of new digital asset within the next 30 days. |
... |
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