7 Risks of Going Out On Your Own #1916

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.6 • 1.4K Ratings

🗓️ 14 November 2021

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #1916, Neil and Eric talk about the 7 risks of going out on your own. Going all-in on your business is an exciting venture, but it comes with some risks. You won’t have the stability of a regular paycheck, and unexpectedly long working hours can lead you to run the risk of burnout. Tune in to learn more about what to look out for and how to prepare yourself accordingly! TIME-STAMPED SHOW NOTES: [00:20] Today’s topic: 7 Risks of Going Out On Your Own. [00:52] Understanding that there won’t be a safety net to catch you. [01:31] You won’t have steady money, especially in the beginning. [01:53] Other people will judge your decisions and this will potentially cause self-doubt. [02:30] You won’t always have mentorship when you need it. [03:01] You may run out of money much faster than you anticipated. [03:20] Burnout is a huge risk and you need to be prepared for very long hours. [03:40] In the beginning you’ll be depending on yourself for everything. [03:20] That’s it for today! [03:24] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785! Links Mentioned in Today’s Episode: Check out our blueprint and how to build your dream business: https://www.marketingschool.io/training Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Neilpatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Welcome to Marketing School, the only podcast that provides daily top level marketing tips
0:06.4	and strategies from entrepreneurs that practice what they preach and live what they teach.
0:11.8	Let's start leveling up your marketing knowledge with your instructors, Neil Patel, and Eric
0:16.8	Sue.
0:17.8	All right guys, before we start, we got a special message from our sponsor.
0:24.1	If you want to rank higher on Google, you got to look at your paid speed time.
0:28.6	And fast your website loads the better off you are with Google's Corvital update that
0:33.2	makes it super, super important to optimize your site for low time.
0:37.7	And one easy way to do it is use the host that Eric and I use dream host.
0:42.2	So just go to dream host or Google it, find it, check it out.
0:46.2	And it's a great way to improve your low time.
0:48.4	Today, we are going to talk about seven risks of going out on your own.
0:54.2	But first, we should define what going out on your own means going out on your own
0:58.5	means you're actually fully all in on your business, right?
1:02.5	You are not having anything else kind of support you and truly, you're not relying on anybody
1:06.7	else, right?
1:07.7	So Neil and I wanted to talk about this because we've done business for quite a while.
1:12.0	Neil, well, you're, you're yawning so I'll go first.
1:14.6	So I'm making Neil tired.
1:16.4	Sorry guys.
1:17.4	So it's early.
1:18.4	We started recording really, really early and we're on different time zones.
	...

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