251: How to Lay the Foundation of Your Business When You’re Just Getting Started

Side Hustle Pro

Nicaila Matthews Okome | Side Hustle Pro Media

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

4.7 • 1.8K Ratings

🗓️ 19 May 2021

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s May! And that means it’s time for a rewind. Every week this month, I’m resharing a Best of Side Hustle Pro episode. In this first episode, I talk about how when I started my side hustle, I didn’t read business plan books or follow a business plan template. I just started. Shocking, I know!

I share the six steps you can take, now, to start building your business as a side hustle. Let’s jump in!

Click here to grab your recap (as I mentioned in this episode). Listen to this episode and others on Apple Podcasts, Spotify, Soundcloud, and Stitcher.

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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.
0:07.4	Not what you're just good at because people don't want to pay for just good.
0:10.7	We want to pay for excellence.
0:13.5	You're listening to Side Hustle Pro.
0:15.8	The podcast that teaches you to build and grow your side hustle from passion project to
0:20.6	profitable business.
0:22.2	And I'm your host, Nikaila Matthews-Okomey.
0:25.0	So let's get started.
0:30.0	In this episode, I am talking about how to lay the foundation of your business when
0:38.2	it is still a side hustle.
0:40.2	Yes, still a side hustle, but we're setting up this business.
0:44.0	Now to be honest, this episode took me a bit longer to outline, took me incredibly long
0:49.2	to outline actually because I felt this pressure to have a super buttoned up approach to lay
0:55.2	in the foundation of your business.
0:57.1	And the reality is when I started my side hustle, I didn't read business plan books and
1:02.9	I didn't follow a business plan template to get started.
1:06.2	I just started and started to figure things out as I went along.
1:10.4	And that's not to say I didn't consult, research, learn, and I'm going to talk to you about
1:14.6	that process as I get into the steps.
1:17.5	But I did not go through a by the book process.
1:20.7	I just did what I encouraged everyone to do in the last episode, which is to push past
1:26.0	your fear and start exploring my interests.
	...

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