Ep92: Side Business Ideas & Quick Startups

Overview

LoH Key Points

• Start where you are

• Use with what you know

• Scale the operation

Where do I Begin?

Starting new things can be intimidating or even seem impossible at first.  You know you want to earn the extra cash, but do you really have what it takes?  The answer is yes!  You have probably had great side business ideas for yourself, but never  acted on them.   It’s time to take the plunge.  The key is to start where you are.  Get a clear mental picture of the goal that you wish to achieve, and decide which vehicle you will take to get you to your destination.  It’s that simple.  It may not be easy, but it is simple.  Take the first step, and just get started.

Startups That You Can Launch Now

The beauty of our era is that we can access the world without leaving our home.  Unlimited products, services, and customers are literally at our fingertips.  All we have to do is apply ourselves properly.  And because we have access to amazing social platforms, and technology that helps to keep us connected, it is more simple than ever to plug in to the economy.  We review a very brief but lucrative list of startups that you can launch right now for hardly any investment other than your time.  With a little bit of effort you can turn your side business ideas into new streams of income.  Some examples of the easy, but lucrative startups are youtube channels, blogs, tutoring, and offering online services.  Don’t shy away from the obvious; you can turn any of these common entities into a profitable business.

Time to Scale

Once your side business ideas turn into  profitable startups, it will be time to scale.  You can carefully expand your operation to reach a larger audience and potentially serve more clients.  If you make it this far then you are well on your way to success, but make sure you keep quality in mind.  Don’t prioritize growth over quality service.

LoH Challenge

Take a few moments and develop your side business ideas.  The startups that you have in your mind can grow into major cash flow.  Make a plan and commit to executing the necessary steps.  If it seems overwhelming, don’t worry, just focus on one step at a time.