#1975 - Q&A: “When do I let go of an unprofitable idea?”
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 29 May 2022
⏱️ 4 minutes
🧾️ Download transcript
Summary
Today’s caller is at a crossroads: should she keep pursuing her side hustle idea even though it hasn’t been profitable?
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
Email: team@sidehustleschool.com
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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
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Today's caller is at a crossroads. |
| 0:10.7 | Should she keep pursuing her side-ussel idea, even though it hasn't been profitable? |
| 0:15.9 | Welcome to Side-ussel School. |
| 0:16.9 | My name is Chris Gallipo. |
| 0:18.2 | Now this question, I mean, this question almost every person who starts a side-ussel or a |
| 0:23.1 | small business, even a capital E entrepreneur, pretty much we all encounter this challenge. |
| 0:29.1 | And we encounter this challenge not once, but often repeatedly. |
| 0:32.7 | It's really important to develop the skill of evaluation so you know when to quit and |
| 0:36.7 | when to keep going. |
| 0:38.6 | And in this situation, there are a couple things you can do, so hopefully this will be |
| 0:41.6 | helpful for Sophia, our caller, and maybe even someone else out there. |
| 0:46.4 | All right, detailed question and my answer coming up after this quick message from our |
| 0:50.4 | sponsor. |
| 1:00.9 | Hi Chris, this is Sophia from Chicago. |
| 1:03.4 | Thanks for all the helpful advice and fun stories. |
| 1:06.4 | A year ago, I had what I thought was a great idea, but it just hasn't worked out very |
| 1:12.2 | well. |
| 1:13.4 | It seems no one wants what I have to sell. |
| 1:16.3 | How do I know if my idea is bad or if I just didn't develop it properly? |
| 1:21.4 | I don't want to chase bad ideas, but I also don't want to quit if there are a couple more |
| 1:26.2 | steps I need to take. |
| 1:28.0 | Looking forward to hearing from you. |
... |
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