EPISODE · Jul 25, 2023 · 43 MIN
003 - Transform Your Side Hustle Into A Profitable Business
from MVP Sports Business · host Courtney Stephen and James Lawson
The difference between a side hustle and a real business is systems & processes. Level 1: Starting a Side Hustle Level 2: Becoming Self Employed Level 3: Building a Business The 3 Key Systems of Every Viable Business Product - The value you provide Marketing - How you let people know you're open for business Finance - If it doesn't make dollars, it doesn't make sense The 4 Support Systems of a Profitable Business. Sales - Turning prospects into customers Customer Service - Retaining customers Communications - Keeping everyone in the know, internally & externally Operations - Removing friction from the business Resources Books The E Myth Revisited Busniess Model Generation
What this episode covers
The difference between a side hustle and a real business is systems & processes. Level 1: Starting a Side Hustle Level 2: Becoming Self Employed Level 3: Building a Business The 3 Key Systems of Every Viable Business Product - The value you provide Marketing - How you let people know you're open for business Finance - If it doesn't make dollars, it doesn't make sense The 4 Support Systems of a Profitable Business. Sales - Turning prospects into customers Customer Service - Retaining customers Communications - Keeping everyone in the know, internally & externally Operations - Removing friction from the business Resources Books The E Myth Revisited Busniess Model Generation
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003 - Transform Your Side Hustle Into A Profitable Business
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