How to Switch From Side Hustle to Full-Time CEO - Episode 141

“The commitment and energy that you give to your full-time job, you have to give to your side hustle,” says May Yeo Silvers. In this episode, May provides actionable insights for transitioning from a side hustle to a full-time events business.   May emphasizes the importance of financial preparation, advising that your side hustle income should match or exceed your full-time paycheck for six months before making the leap. She also discusses the psychological readiness required, including comfort with financial uncertainty and the willingness to invest significant time and energy into the business. Drawing from her own experience with M2 Hospitality, May shares the reality of often working up to 70 hours a week to build a sustainable business.   For those planning to make the transition from side hustle to full-time, consider investing in May’s $24 kickstart bundle for aspiring “eventrepreneurs.” Click here to learn more!   Quotes • “If you treat your side hustle like a side hustle, that means it’s a side hustle. You’re not giving it a lot of attention compared to giving your full attention when it’s a full-time job. I know that it’s not that easy. It’s easier said than done. But if you want to quit your full-time job as soon as possible, you need to really put in the extra time and the sacrifice, the commitment, the resilience, and the dedication to build your side hustle just like how you’re building it full-time.” (06:24 | May Silvers)  • “Apart from knowing your numbers, that mindset, that commitment, that dedication to continue to build your side hustle like a full-time business, to do the sales outreach, etc., you must, must, must continue to build your business and not feel comfortable that you have your full-time job paycheck to pay the bills…” (13:27 | May Silvers) • “You have to treat your side hustle as a full-time business while you have a full-time job.” (15:53 | May Silvers)    Links If you are looking to turn your side hustle to becoming a full time CEO for your events business, it is IMPERATIVE that you have strong BUSINESS fundamentals.   You could be the BEST in crafting events, but if you don’t have the right skills and mindset to build a business, then you have an expensive hobby.   Our 24 Course Business Kickstart Bundle focuses on the business fundamentals of Pricing, Marketing, Converting Leads, Business Legalities, Items you need to start your business, Mindset & Productivity hacks.   Ready to launch and scale your events business for ONLY $24? Click the link below to see what comes with the 24 course bundle! https://learnwith.mayyeosilvers.com/kickstart-24ob47oto67-podcast   Connect with May at: [email protected] Website: www.mayyeosilvers.com LinkedIn: https://www.linkedin.com/in/mayyeosilvers/ Facebook: www.facebook.com/mayyeosilvers IG: www.instagram.com/mayyeosilvers TikTok: https://www.tiktok.com/@mayyeosilversofficial FB private group: https://www.facebook.com/groups/events4anyone   Podcast production and show notes provided by HiveCast.fm