#449 - Weekly Recap: Are My Profit Margins Too High?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 25 March 2018
⏱️ 15 minutes
🧾️ Download transcript
Summary
In our twelfth recap of Season II, we'll highlight the lessons learned in this week. Also: listener Q&A!
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. Share: #SideHustleSchoolShow notes: SideHustleSchool.comTwitter: @chrisguillebeau
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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
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Read A Year of Mental Health: yearofmentalhealth.com
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Transcript
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| 0:00.0 | Oh hey there, what's up? Welcome. This is Chris Gill about your host for |
| 0:12.2 | Side of the School, bringing you the weekly recap. Gonna look back at some stuff |
| 0:15.8 | this week. I've got some listener comments, questions to respond to. The last |
| 0:19.8 | week I had some comments myself about network marketing. I listen or call |
| 0:23.1 | them with a question and I actually hear questions about network marketing or |
| 0:26.3 | multi-level marketing pretty much every week. And in the past I have gently said |
| 0:30.3 | that I don't think it's a great idea for most people. But last week I decided |
| 0:34.5 | to go just a bit further because I see so many people wasting time, wasting |
| 0:38.4 | money, believing that there's something wrong with themselves. If they |
| 0:41.3 | invest in a network marketing program then they're not able to be successful. |
| 0:44.2 | And I actually have a fundamental problem with the whole industry. So I talked |
| 0:47.3 | about that a little bit last week and I said I'd probably get some complaints |
| 0:49.8 | about it. You can go back and listen to that episode. It's 4-4-2 if you're |
| 0:53.4 | curious. And I haven't gone back to listen to that myself. But I think what I |
| 0:57.0 | said was that there are some success stories. But whatever success stories come |
| 1:00.8 | out of that industry are the exceptions. And the vast majority of people, like |
| 1:04.7 | the vast vast majority of people, never even make back the money they spent to |
| 1:07.8 | get into that program. So honestly the whole thing is problematic. And what I'm |
| 1:11.4 | trying to show people through Side of the School is that there are all kinds of |
| 1:14.6 | other ways. You don't have to go through somebody else's program. There's |
| 1:17.6 | something that you're good at. There's some knowledge that you have that we can |
| 1:20.4 | pull out somehow, maybe transform or adapt it in some way. And that's why out |
... |
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