Jeannette discusses the transformative journey of turning a side hustle into a thriving business. She outlines ten essential steps for success, including validating your business idea, creating a simple business plan, ensuring financial security, and building a strong personal brand.

KEY TAKEAWAYS

• Before fully committing to your side hustle, ensure there is sustainable demand for your product or service by assessing market trends and gathering data.
• Develop a high-level business plan that outlines your concept, target audience, unique selling points, and financial goals to guide your side hustle's growth.
• Establish a financial cushion by saving at least six months' worth of living expenses to support yourself while transitioning from a regular pay-cheque to your side hustle.
• To reduce risk, create multiple sources of income, such as combining your job with your side hustle, investing in rental properties, or monetising content.

BEST MOMENTS

"In the UK, did you know that 22.8 million Brits have a side hustle going on right now? That's around about 45% of all adults in the UK."

"Whenever we do anything in business or in life, it is not easy. So having the right resources, the right people around you is so, so important."

"You need to validate your business idea. Before you make the leap, ensure that your side hustle has sustainable demand."

"If your side hustle is consistently earning you at least 75% of what you earn from your salary, you have financial stability at that point."

 

This is the perfect time to get focused on what YOU want to really achieve in your business, career, and life. It’s never too late to be BRAVE and BOLD and unlock your inner BRILLIANT. Visit our new website https://brave-bold-brilliant.com/ - there you'll find a library of FREE resources and downloadable guides and e-books to help you along your journey.

If you’d like to jump on a free mentoring session just DM Jeannette at [email protected].

VALUABLE RESOURCES

Brave Bold Brilliant - https://brave-bold-brilliant.com/

Brave, Bold, Brilliant podcast series - https://podcasts.apple.com/gb/podcast/brave-bold-brilliant-podcast/id1524278970   

ABOUT THE HOST

Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 30 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.

Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.

CONTACT THE HOST

Jeannette’s linktree - https://linktr.ee/JLinfoot

https://www.jeannettelinfootassociates.com/

YOUTUBE - https://www.youtube.com/@braveboldbrilliant

LinkedIn - https://uk.linkedin.com/in/jeannettelinfoot

Facebook - https://www.facebook.com/jeannette.linfoot/

Instagram - https://www.instagram.com/jeannette.linfoot/

Tiktok - https://www.tiktok.com/@brave.bold.brilliant

Podcast Description

Jeannette Linfoot talks to incredible people about their experiences of being Brave, Bold & Brilliant, which have allowed them to unleash their full potential in business, their careers, and life in general. From the boardroom tables of ‘big’ international businesses to the dining room tables of entrepreneurial start-ups, how to overcome challenges, embrace opportunities and take risks, whilst staying ‘true’ to yourself is the order of the day.

Travel, Bold, Brilliant, business, growth, scale, marketing, investment, investing, entrepreneurship, coach, consultant, mindset, six figures, seven figures, travel, industry, ROI, B2B, inspirational: https://linktr.ee/JLinfoot