BONUS: Planning for a New Tomorrow, Part I
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 7 May 2021
⏱️ ? minutes
🧾️ Download transcript
Summary
An asymmetrical opportunity is one where the risk is low but the possible reward is high. Starting a small business on a low budget is a perfect example: it might not work out, but if it does, there's no fixed limit to growth.
In this series of short episodes from our partner Dell, I'll share three examples of how ordinary people are exploiting asymmetrical opportunities to radically transform their lives. The new tomorrow will not be televised–it's available on demand right now!
Our first example comes from the U.K., where a 19-year-old young woman has made more than $400,000 naming Chinese babies.
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 Twitter: @chrisguillebeau
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.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. 😎 🙏🏼
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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 | Hey everyone, this is Chris Galabo. |
| 0:06.7 | You are listening to a special episode of Side Usual School. |
| 0:10.2 | This short series is part of the Dell Technologies Small Business Pod Prince. |
| 0:15.3 | Small businesses are constantly looking for ways to advance their marketing and grow |
| 0:18.2 | their companies. |
| 0:19.5 | That's why Dell Technologies assembled an all-star lineup of podcasters to create this year's |
| 0:23.8 | virtual conference to share advice and inspiration. |
| 0:26.7 | I hope you find this episode enjoyable and useful as we work together to support small |
| 0:31.2 | businesses. |
| 0:32.4 | Dell Technologies is here to help safeguard your business with modern devices in Windows |
| 0:36.6 | 10 Pro and provide relevant content for your business's success. |
| 0:41.0 | To find more participating podcasts, search for Dell Technologies Small Business Pod Prince |
| 0:45.6 | on the Odyssey app, Spotify or Apple Podcasts. |
| 0:58.4 | Alright let's jump right in. |
| 0:59.8 | I'm excited to bring you this short series, which we are going to feature entirely around |
| 1:02.9 | the concept of asymmetrical opportunities. |
| 1:06.6 | If you have never heard that phrase before, an asymmetrical opportunity is one where |
| 1:11.0 | the risk is low, but the possible reward is high. |
| 1:15.2 | So starting a small business on a low budget is a perfect example, because your business |
| 1:19.9 | idea might not work out. |
| 1:21.8 | But if it does, there's no fixed limit to growth. |
| 1:25.0 | In other words, your risk, your exposure is low, but your potential growth, your potential |
... |
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