Ep. 2939 - Q&A: “How do I calculate the break-even point?”
Side Hustle School
Chris Guillebeau / Onward Project
4.8 • 3.3K 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.
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Transcript
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| 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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