Side Hustle Millionaire: Multimillion Dollar Business Built with a Career - Tony Whatley Episode #80

GUEST BIO Tony Whatley steps into the lab as a true practitioner. He not only took a passion for his (cars) and turned it into a multi-million dollar business but he did all this all while having a full time corporate career in the oil/gas industry. He is best known as Co-Founder of LS1Tech, an online automotive community which grew into the largest of its kind, with over 300,000 registered members. This business sold for millions in only five years after starting. Amazingly; it was just his part-time business! He also wrote a book called the “Side Hustle Millionaire” which is what led him into being featured in the lab today. In the book he talks about mindsets, strategies and necessary steps that helped him create a side hustle business that allowed him to earn more in less amount of time. Money, Mindset, Marketing and Branding are major key takeaways from the book that Ruben & Tony dive into further in this episode. FOUNDATION 01:42  Background of the guest - Tony Whatley 08:22  What does it take to become an entrepreneur? 12:04  Overcoming your weaknesses 15:30  How should tackle a problem as an entrepreneur 21:02  Getting to the end goal KEEPING IT REAL 27:10  Solving a problem 31:47  Thoughts about niches 35:06  Incorporating brand in the business 41:25  Doing Due Diligence 47:28  Staircase business 58:34  Starting your Side Hustles at home 1:03:39  Having side business while still working in a company 1:07:48  Right time to pivot ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 1:12:20  Favorite book - How to win friends and Influence people by Dale Carnegie 1:13:04  Best Habit - Consistency 1:14:14  One super power as a business owner - verbal communication skills BOOKS MENTIONED IN THIS SHOW How to win friends and Influence people by Dale Carnegie NOTABLE QUOTES (KEY LESSONS): “You don’t really learn anything when you never fail.” “Opportunity comes around because your brain is turned on to some kind of a challenge that you’re trying to solve.” “You better have time if you don’t have money.” “As soon as you say no, the world tells you no.” CONNECTING WITH THE GUEST Website: www.365driven.com Facebook | Instagram | YouTube | LinkedIn #ExperimentEntrepreneur #ExperimentSideHustle