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The Side Hustle Show

GH: How to Start a Business You Care About — With No Business Ideas and No Money

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.71.6K Ratings

🗓️ 3 August 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

Imagine going from having no business ideas and no money, to making your first sales in 2 weeks.

It’s not a far-fetched goal according to this week’s guest.

Alan Donegan from PopUpBusinessSchool.co.uk specializes in guiding people through this transformation, and he says that everyone has a profitable business idea in their heads – and he knows how to find it.

He does this through in-person workshops that are free to attend by forming partnerships with government bodies in cities across the UK, and he’s bringing his workshops to the US soon.

Alan is adamant about bootstrapping and not taking on a load of debt to start a business because he saw his family go through a multi-million dollar bankruptcy and doesn’t want anyone else to have to experience the same fate.

He preaches starting a business around a passion or something that excites you. Because running a business you’re passionate about sets you apart from the competition and makes the process so much easier.

He shares how he teaches his students to pre-sell and validate their side hustle ideas before putting down cash for stock that might end up collecting dust in the garage.

Alan also shares how he practiced what he preaches when he sold his first PopUpBusiness workshop to a housing authority in the UK. He ended up selling his highest priced package right out of the gate, and his business has been gaining momentum ever since.

Tune in to hear how Alan pulls business ideas out of people who don’t think they have any, how he has his students quickly and cheaply validate those ideas, and what makes for a successful pitch.

Full Show Notes: How to Start a Business You Care About — With No Business Ideas and No Money

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Transcript

Click on a timestamp to play from that location

0:00.0

Here's an oldie but a goodie from the archives from the side hustle show Greatest It's

0:07.9

Collection.

0:12.2

How to start a business you care about.

0:14.0

Imagine going from having no business ideas and no money to making your first sales in

0:18.2

two weeks.

0:19.2

That's the transformation my guest today specializes in.

0:22.7

How he does it?

0:23.7

Coming right up.

0:25.7

What's up?

0:26.7

What's up, Nick?

0:27.7

You're welcome to the side hustle show because why is 90% of how?

0:32.6

That's a quote I heard recently from Tim Ferris and how I interpret that is in entrepreneurship.

0:37.5

You've got to supply your own motivation.

0:39.6

Why do you want to do this?

0:41.3

That why is what gets you through the hard times and remember if it were easy, everybody

0:46.6

will be doing it.

0:47.6

So today I'm excited to introduce Alan Donigan from popupbusinessschool.co.uk.

0:53.6

Alan specializes in getting new entrepreneurs and entrepreneurs off the sidelines and into

0:59.6

the game usually for free.

1:02.2

How he does this is through in-person workshops that are free to attend and he was gracious

1:06.6

enough to sit down and share some of his methodology from those workshops with me in today's

1:11.6

episode.

...

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