160: How to Lay the Foundation of Your Business When It’s Still A Side Hustle (Side Hustle Series Pt 2)

Side Hustle Pro

Nicaila Matthews Okome | Side Hustle Pro Media

Nicailamatthewsokome, Blackwomenentrepreneurs, Sidehustle, Blackpodcast, Sidehustlepro, Marketing, Sidehustles, Business, Smallbusinesspodcast, Sidehustleshow, Blackownedbusiness, Blackwomenownedbusiness, Blackwomen, Blackentrepreneurs, Smallbusinessshow, Businesspodcast, Entrepreneurship, Smallbusinessowners

4.8 • 1.8K Ratings

🗓️ 14 August 2019

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, I'm sharing how to lay the foundation for your business when it’s still a side hustle. When I started my side hustle, I didn’t read business plan books or follow a business plan template. I just started. Now, I’m sharing the six steps you can take to start building your business as a side hustle.

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Transcript

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0:00.0	Focus on what you are excellent at or you can become excellent at.
0:07.0	Not what you're just good at because people don't want to pay for just good.
0:10.6	We want to pay for excellence.
0:12.2	What would you bring to the table that's not
0:14.4	currently out there? What do people need? Where is there a gap? Look at the
0:18.9	products that you currently use too. Look around your house, look around what you use every day, and ask yourself
0:24.8	what's missing, what's needed.
0:26.6	You're listening to Side Hustle Pro, the podcast that teaches you to build and grow your
0:34.3	Side Hustle from Passion Project to profitable business and I'm your host
0:38.6	Nakela Matthew Zocome. So let's get started.
0:50.0	Hey, hey guys, welcome, welcome back to episode two of the Side Hustle series. In this episode, I am talking about how to lay the foundation of your business when it is still a side hustle.
0:58.5	Yes, still a side hustle, but we're setting up this business.
1:02.0	Now to be honest, this episode took me a bit longer to outline.
1:06.0	It took me incredibly long to outline actually because I felt this pressure to have a super buttoned up approach to laying the foundation of your business.
1:15.0	When the reality is when I started my side hustle, I didn't read business plan books and I didn't follow a business plan template to get started.
1:24.6	I just started and started to figure things out as I went along.
1:28.8	And that's not to say I didn't consult, research, learn, and I'm going to talk to you about that process as I get into the
1:34.8	steps, but I did not go through a by-the-book process. I just did what I
1:39.8	encouraged everyone to do in the last episode, which is to push past your fear and start
1:45.7	exploring my interests.
1:47.9	So I know that some people expect me to talk about business plans and such, but that would not
1:52.4	be authentic to how I personally
	...

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