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Side Hustle School

BONUS: Planning for a New Tomorrow, Part III

Side Hustle School

Chris Guillebeau

Small Business, Entrepreneurship,, Entrepreneurship, Careers, Side Hustle, Business

4.73.3K Ratings

🗓️ 21 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 final example features Shoji Morimoto, a Japanese “Rent-a-Stranger” who has served more than 3,000 clients at $96 each.  

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. 😎 🙏🏼 

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

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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

Click on a timestamp to play from that location

0:00.0

Hey everyone, it's Chris Delabo, you're listening to a special episode of SideUSL School.

0:09.8

This short series is part of the Dell Technologies Small Business Podference.

0:14.9

Small businesses are constantly looking for ways to advance their marketing and grow

0:18.2

their companies.

0:19.2

That's why Dell Technologies assembled an all-star lineup of podcasters to create this

0:23.6

year's virtual conference.

0:25.7

Hope that you find this series enjoyable and useful as we work together to support small

0:29.4

businesses.

0:30.7

Dell Technologies is here to help safeguard your business with modern devices in Windows

0:34.5

10 Pro and provide relevant content for your business's success.

0:39.8

To find more participating podcasts, just search for Dell Technologies Small Business

0:43.5

Podfrants on the Odyssey app, Spotify, or Apple Podcasts.

0:48.2

So, I told you about the British teenager who named Chinese babies.

0:59.3

The Odyssey has earned more than $400,000 doing this, and perhaps even more impressive

1:03.4

is the fact that she's done it by charging less than $1 each.

1:06.5

And, I told you about a guy who's learned to pre-order limited-edition cars, and then

1:10.9

immediately resell them for more than he paid.

1:13.3

In fact, he got a $40,000 payoff from a Ford dealership in Texas to not purchase a car

1:19.0

that they had already agreed to sell him.

1:20.9

Basically, they realized that they could make more money by selling it to somebody else,

1:24.2

but they already had a sales contract with him, so they had to essentially pay him off.

1:28.8

Both of these examples are asymmetrical opportunities, which is the theme of the series here.

...

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