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ChooseFI | Financial Independence Podcast

The Side Hustle "Unpacked" | Friday Roundup

ChooseFI | Financial Independence Podcast

Jonathan Mendonsa & Brad Barrett | Choose FI Media, Inc

Business, Careers, Investing

4.85.2K Ratings

🗓️ 7 July 2017

⏱️ 47 minutes

🧾️ Download transcript

Summary

Most people dread going to the pool on July 4th because of the crowds — but what if avoiding the obvious times everyone else chooses is the key to unlocking better opportunities in your finances too? Brad and Jonathan break down listener questions on side hustles, travel rewards, and entrepreneurship, featuring insights from guest Dominick Quartuccio. Key Topics Discussed: Introduction and Weekly Update [00:00:53] Overview of insights from Alan Donegan's principles on side hustles and entrepreneurship. Discussing Side Hustles and Mindsets [00:02:31] Flexibility in pursuing side hustles. Jonathan shares his wife's interest in audiobook narration as a potential opportunity. Travel Rewards Discussion [00:02:56] How flexibility in scheduling allows for seizing better travel deals. Strategic thinking in maximizing travel rewards. Alan Donegan's Insights [00:04:20] Key takeaway: proving business concepts before large investments. Networking and community support in business endeavors. Coaching Announcement [00:30:00] Launch of a coaching program where one community member will receive mentorship for 12 to 24 months to grow their side hustle. Actionable Information: Barter your skills to initiate a side hustle. [00:07:37] Propose your value before you create a product. [00:14:30] Utilize unused resources in entrepreneurship. [00:08:23] Send an audio submission for the side hustle coaching competition. [00:30:10] Join the private Facebook group to engage with the community. [00:36:47] Key Quotes: "You don't know what you don't know until you do." [00:04:33] "If you just are a little bit intentional about it and a little bit smart and try to prove out your concept before you drop a crazy amount of money..." [00:06:40] "Sell your value before you create it." [00:14:30] "When you create something and it takes off, if you're operating from the FI mentality, it's a vehicle to get you to that number." [00:25:49] "You need an idea and then you need to execute on it." [00:17:00] Resources: Join the SelectFI community on Facebook to engage and share experiences.

Transcript

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0:00.0

Welcome to the ultimate crowd sourced personal financial. This is your Friday Roundup.

0:06.0

You're listening to Choose Applied Radio.

0:10.0

The blueprint for financial independence lives here.

0:21.0

If you're looking to unblocked as secrets to financial independence and early retirement,

0:26.0

you're in the right place.

0:28.0

Stay tuned and join a community of like-minded people who are getting off the answer.

0:33.0

And taking control of their lives in the pursuit of financial independence.

0:37.0

Choose FI, your home for financial independence online.

0:41.0

Welcome back guys. This is your Friday Roundup.

0:55.0

Today with me in the studio, I am Brad and we are going to be discussing this week's episode.

0:59.0

I am thrilled to get a chance to talk about Monday's episode with Alan Donigan from Pop Up Business School.

1:05.0

How you doing Brad?

1:06.0

I am doing quite well Jonathan.

1:08.0

I think it was my favorite episode of all the ones we recorded so far.

1:12.0

I just really enjoyed meeting Alan and getting to know him and hearing all these brilliant ideas of how to get started with businesses and ways that I never would have thought of.

1:21.0

This was a very exciting episode for me but aside from that, everything's going well.

1:26.0

We're actually recording on July 4th and just looking forward to a nice family day today and a nice relaxing week.

1:32.0

Is the pool open today Brad?

1:33.0

The pool is open today but this is funny because you know how I'm always talking about like looking at the world a little bit differently.

1:40.0

Like we would never go to the pool on July 4th.

1:42.0

Never ever ever.

1:43.0

Yeah because you're used to going there with no one is there.

...

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