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Side Hustle School

Ep. 2939 - Q&A: “How do I calculate the break-even point?”

Side Hustle School

Chris Guillebeau

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

4.73.3K Ratings

🗓️ 17 January 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

In today's episode, we help a social media manager calculate her break-even point. Learn how to apply this essential business concept to a service-based business and use it to grow more strategically.

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. 😎 🙏🏼 

 

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

Shipstation helps you achieve exceptional shipping efficiency with a robust all-in-one order fulfillment system.

0:06.1

It integrates with over 180 popular e-commerce channels.

0:09.5

Over 130,000 companies have used ShipStation, and you can get a free 60-day trial.

0:14.9

Just go to Shipstation.com and use CodeHustle.

0:17.4

That's shipstation.com code hustle.

0:20.4

You can save every day by shopping at Whole Foods Market.

0:23.9

Seriously. Don't just go for their big sales. Walk the store and see the savings for yourself.

0:29.8

In the meat department, look for yellow low price signs on Whole Foods Market, no antibiotics ever

0:35.0

chicken breast and ground beef. Quality flavorful meats. Price just right.

0:39.8

Perfect for big dinners with plenty left over for tomorrow's lunches. There are so many ways to

0:45.3

save at Whole Foods Market. Now you know. Lemonada.

0:50.6

Music Lemonada.

1:01.7

How do you calculate the break-even point of a business?

1:05.6

An important question here for anybody starting a new side hustle or small business.

1:07.7

Welcome back to Side Ussel School.

1:11.1

Today we're going to help a social media manager calculate her break-even point, learn how to apply this essential business concepts to a service-based business.

1:16.5

It's going to help you when you're trying to figure out, is this the right business I should

1:19.8

go into? Or if I've been doing it for a while, should I keep it up or try something new?

1:24.6

Let's walk through how to figure out what that point is and how this knowledge can help

1:28.5

you make better choices. I make this show for you every day and I always try to give you a point

1:33.3

of action, a point of action or strategy or practical tip. So let's talk about it. How do you calculate

1:38.4

the break-even point? That's today's topic coming up after the quick break.

...

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