Sidehustle Coaching Series 3 | Learn to Pitch and Lean into the Uncomfortable Pause

ChooseFI | Financial Independence Podcast

Jonathan Mendonsa & Brad Barrett | Choose FI Media, Inc

Investing, Business, Careers

4.8 • 5.2K Ratings

🗓️ 27 July 2018

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

Combining your skills and interests can create standout services for overlooked markets—like bringing fitness coaching to people with Parkinson's disease. Jonathan and Brad continue their Side Hustle Coaching Series with Alan and Talis, unpacking how to build a pitch that solves real problems, why asking for the sale matters more than perfect preparation, and how community support accelerates your path to both entrepreneurship and financial independence. Timestamps & Insights [00:08:31] MK's Journey: Discussion on the impact of minimalism. "Flexing our minimalism muscles!" [00:11:30] Community Importance: A strong community enhances support in the quest for financial independence. [00:14:46] Challenge Assumptions: "Challenge your community's assumptions!" [00:15:59] Persistence in Business: Overcoming barriers through determination. "Persistence is key to breakthrough!" [00:30:20] Pitching Techniques: The key elements of crafting a compelling pitch. [00:41:26] Closing Strategies: How to effectively close a sale and ask for the order. "You must ask to receive!" [01:18:49] Stand Out: The importance of differentiation in business. "Stand out with unique offerings!" Key Takeaways Community amplifies your ability to pursue financial independence and grow a side hustle Effective pitches highlight specific problems and offer clear solutions Persistence and patience separate successful entrepreneurs from those who quit early Personal branding works best when you combine existing skills with genuine passions Structured pitching increases conversion rates with potential clients Action Items Identify your unique skills and passions to differentiate your business [01:19:08] Engage with your local community to expand your support network [00:11:30] Create a structured pitch tailored to your audience's needs [00:30:20] Research your niche market to understand pricing strategies [01:12:49] Key Quotes "If you don't ask, you don't get." [00:50:55] "Be first or be different." [01:18:49] Related Resources MK's Book - Enemies of Peace [00:27:57] Captain DIY Blog [00:08:00]

Transcript

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0:00.0	Today on the show we're gonna be bringing in part three of the side hustle coaching school with Alan and Talis
0:05.9	This is gonna be fun. Welcome to the ultimate crowd source personal finance show. This is your Friday roundup
0:13.0	You're listening to choose FI radio
0:17.5	The blueprint for financial independence lives here
0:20.5	If you're looking to unblocked as secrets to financial independence and early retirement you're in the right place
0:35.5	Stay tuned and join a community of like-minded people who are getting off the answer
0:40.5	And taking control of their lives in the pursuit of financial independence. Choose FI your home for financial independence online
0:51.5	All right, Brad, well, there's gonna be a lot covered today
1:01.5	I know we're gonna try and talk about our takeaways from this past week's episode with Mk
1:05.5	Passion to profit the journey of self publishing and then we also have all this amazing content to present
1:10.5	With the third part of the side hustle coaching series with Alan and Talis
1:14.5	But before we do that, how you doing buddy? I'm doing quite well
1:17.5	Yeah, everything's going well Jonathan. Can not complain. I certainly enjoyed this episode with Mk and can't wait to get into it
1:24.5	And yeah, it's always great to have Alan back from pop up business school
1:28.5	This entire series that he's doing with Talis is really fun to watch from afar
1:34.5	So yeah, I can't wait to bring that to the audience
1:36.5	But yeah, what's going on in your role?
1:38.5	Well, probably the biggest thing is I do have a DIY
1:40.5	I guess it's kind of a fail to report in DIY world. It's rarely binary
1:44.5	You know, one or zero success or failure rather there are all these kind of Pinterest fails
1:49.5	You know where you got a result it wasn't like a perfect result
1:52.5	But it did pass the threshold for success. We were removing wall paper
	...

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