What to do when that side hustle starts taking off on a life of its own?

Brian I am so excited because we love that we get to answer questions

that are real life questions are things you guys are actually facing day to day.

So right now, we have the team out in the wings collecting your questions and

we want to load you up so that you can do money better. With that, producer Rebe, I'm going to throw

it over to you.

Yep, I've got a great question to kick us off from Kyle.

He says, I started a side hustle a few years ago.

It has been extremely successful, especially just in the past year, so much so that I need to organize it and turn it from a side hustle and hobby into a true business.

I'm also planning on hiring my first employee soon to help out.

What tips do you have when deciding how to

structure the business? Pitfalls to look out for, how to think about benefits and

retirements and taxes. I know it's a lot more in depth than what you might be able to give on

this show today but any direction you can offer is appreciated. Well Kyle kudos to you

first of all for starting having a side gig that it's not like it's gone pretty well that

has gotten some traction is now moving in a positive direction. We actually

hear this story especially in this day and age a ton. Someone starts this gig and then it starts to have some

thing and they figure something out and it turns into a really cool thing.

Before we talk about like structure and setup and incorporating and that sort of thing.

Here's one of the things that I always encourage people who end up starting a side business

that begins to be more than just kind of like a hobby.

The better you can separate what's going on

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