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Money Girl

650 - 5 Tips for Building a Side Business

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.61.8K Ratings

🗓️ 2 September 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

In this excerpt from Laura's new book, Money-Smart Solopreneur: A Personal Finance System for Freelancers, Entrepreneurs, and Side-Hustlers, you'll get solid tips to earn more using low-risk business-building strategies. Read the transcript. Check out all the Quick and Dirty Tips shows. Subscribe to the newsletter for regular updates. Join the conversation on Facebook and Twitter. Links: https://www.quickanddirtytips.com/business-career/small-business/5-tips-side-business https://www.quickanddirtytips.com/podcasts https://www.quickanddirtytips.com/subscribe https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams

Transcript

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0:00.0

Hey everyone I'm Laura Adams and this is the Money Girl Podcast

0:10.1

where my mission is to help you live rich and love the journey.

0:14.0

One of the best ways I know to create more income

0:18.0

and to diversify your income sources

0:21.0

is to build a side business. For most of my career I've been either a part-time or a full-time

0:27.6

soloprenor and that term simply means a business owner with no employees.

0:34.0

Instead of hiring people directly,

0:36.2

solopreneers typically contract with other small business owners

0:40.1

when they need help, and that's what I've done for a long time. Even when I've had

0:44.4

full-time W-2 jobs having some kind of side hustle as a writer, podcaster or

0:51.5

consultant has been a great way for me to expand my network, build

0:56.3

new skills, and earn more money. And I hear from many of you who are interested in

1:01.8

doing side work or maybe you've already

1:04.0

started and you've got questions about navigating the often confusing world of

1:08.8

self-employment. I hear you. Sometimes the barrier to starting a profitable business, it's not like lack of determination or lack of a good idea.

1:19.0

It can be that you simply don't know how to start a business. I don't want any confusion to discourage you

1:26.8

from striking out on your own or building a side business for additional income.

1:31.2

So I decided to write a book about it. I am super

1:35.1

excited to tell you that my newest title, Money Smart Solo

1:39.8

A Personal Finance System for Freelancers, Entreprene entrepreneurs, and side hustlers is out.

1:46.4

And I'm even more excited because I love giving away free stuff.

1:50.1

If you pre-order the book before it officially goes on sale September 22nd, 2020,

...

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