From Side Hustle To Main Hustle | Ep 526

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 18 April 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

“Be willing to do the basics.” Today, Alex (@AlexHormozi) discusses the process of transitioning from a side hustle to a main hustle. He also provides advice on when to quit your job, how to secure your family financially, and how to sustain a reliable income from your side hustle before making the jump.

Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Timestamps:

(1:10) - Side Hustle definition & knowing your season

(3:15) - 3 steps: secure family, match income, make sure it’s reliable

(5:38) - Pick high likelihood side hustle with experience

(7:06) - Start with stepping stones to higher leverage opportunities

(9:17) - Cut overhead to invest more time in your main hustle

(11:00) - How Alex jumped to his main hustle

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Transcript

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0:00.0	Hey guys, love that you're listening to the podcast.
0:02.5	If you ever want to have the video version of this, which usually has more effects, more
0:06.6	visuals, more graphs, you know, drawn out stuff, sometimes it can help hit the brain centers
0:11.7	in different ways.
0:12.7	You can check out my YouTube channel.
0:13.7	It's absolutely free.
0:14.7	Go check that out if that's what you are into and if not, keep enjoying the show.
0:18.7	What you start with is not what you're going to end with, but it will give you the stepping
0:22.2	stones that are necessary to get to the higher leverage opportunity.
0:25.6	In my opinion, one of the bigger mistakes people make is they try and go to the big leagues
0:29.2	before they're ready and then they fall flat.
0:32.6	Welcome to the game where we talk about how to sell more stuff to more people in more ways
0:35.7	and build businesses worth owning.
0:37.5	I'm trying to build a billion dollar thing with acquisition.com.
0:40.1	I always wish pesos, musk and buffet had documented their journey, so I'm doing it for
0:43.6	the rest of us.
0:44.6	Please share and enjoy.
0:46.6	By far the most frequent question I get asked is when should I start my side hustle and
0:52.2	when should I quit my job once I have started my side hustle?
0:55.4	And if you thought of any of my content, you might think that I am against side hustles
0:58.1	in general and I'm not, but there's constraints that I put around that and I want to explain
1:02.3	how in my opinion, you can tackle that the best to maximize your opportunity for income
	...

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