Starting a business is something that appeals to so many people but knowing where to start and what steps to take to achieve this dream holds them back.

Eddie and I tackle this topic in our Passion to Profit Course in great detail, but for today, we give you specific steps to start any kind of business and make it profitable while still paying yourself.

However, I have to tell you that starting a business and running it requires a lot of work. You have to be prepared to put in the work but remember to always pay yourself for the hours you put in.

In this episode, I take you through a practical example of starting a business with a fictional business based on my succulents hobby. I explain every step in the entire process and walk you through the maths and how to accurately calculate your profit.

Tune in, and let’s get started with your business!

💡Pro Tip: You get to decide as a business owner what your time is worth

Key Takeaways

• If you want to make money, you have to be in motion (09:27)
• How to refine and validate your product (17:02)
• How to conduct in-depth market research (19:21)
• How to brainstorm a business name and create your brand (21:42)
• Counting the numbers; let’s do the maths (33:45)
• You got to pay yourself for your labor (43:45)
• How to increase your profitability (48:01)  
• Why you determine if the business is worth it or not (50:33)

Additional Resources:

• Janelle's website: JanelleCopeland.com
• Join the Cake Cents Facebook Group
• Join the PUSH Facebook Group
• The Push Podcast's official website: thePushPodcast.com
• The Pusher Society 
• Cake Mamas Instagram 
• Eddie's Instagram

\- [We are the Copelands Tiktok](https://www.tiktok.com/@wearethecopelands)

\- [**The Pusher Society**](https://wearethecopelands.com/)

\- [**Janelle's website**](https://www.janellecopeland.com/)

\- [**Join the Cake Cents FB Group**](https://www.facebook.com/groups/cakecents/)

\- [**Join the Push Podcast FB Group**](https://www.facebook.com/groups/PUSHpodcast/)

\- [**The Push Podcast's official website**](https://www.janellecopeland.com/podcast)

\- [**Cake Mamas Instagram**](https://www.instagram.com/thecakemamas/)

\- [**Eddie's Instagram**](https://www.instagram.com/copewitheddie/)

Email: [email protected]