Made for Profit

MFP 010: Going Full Time

Listen Later

Taking your side hustle or part time gig to full time status is a huge decision.  Today we’ll talk about when is the right time and what are the important things you need to think about and have in place before making that decision.  Oh, and Brad quit.

Support us on Patreon! www.patreon.com/madeforprofit

 


Links:

http://startupcamp.com/write-incredible-business-plan-one-week/ – Dale Partridge – Startup Camp

Key Takeaways
  • Have A Plan In Place. Do the research in order to set yourself up for success. Have a plan for your income stream and your expenses.
  • Is your life ready to own a business? Have you created the necessary time to run a business 24/7
  • Think about the processes that go into running a  business. From your pipeline to your income streams. Create long term plans for real business wins
  • Be prepared for the smaller time consuming necessities like social media and day to day operations. They can become very time consuming, make sure you’re prepared and have a plan for these daily operations.
    • Homework
    • Work backwards from where you are (or want to be) and create a plan for how much you need to sell in order to have your life where you want it. Work the process backwards.

      • Sign up for our e-mail list to get the one page downloadable MFP Instagram Playbook.

      Show links may contain affiliate links which help support the show

       

      The post MFP 010: Going Full Time appeared first on MADE FOR PROFIT.

      ...more
      View all episodesView all episodes
      Download on the App Store
      Made for ProfitBy Brad Rodriguez & John Malecki
      • 4.9
      • 4.9
      • 4.9
      • 4.9
      • 4.9

      4.9

      598 ratings

      More shows like Made for Profit

      View all
      The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

      The Smart Passive Income Online Business and Blogging Podcast

      3,454 Listeners

      Wired To Hunt Podcast by MeatEater

      Wired To Hunt Podcast

      4,818 Listeners

      The EntreLeadership Podcast by Ramsey Network

      The EntreLeadership Podcast

      4,429 Listeners

      The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

      The Side Hustle Show

      1,594 Listeners

      Making It With Jimmy Diresta, Bob Clagett and David Picciuto by I Like To Make Stuff

      Making It With Jimmy Diresta, Bob Clagett and David Picciuto

      1,681 Listeners

      Wood Talk | Woodworking by The Wood Whisperer

      Wood Talk | Woodworking

      1,539 Listeners

      Entrepreneurs on Fire by John Lee Dumas of EOFire

      Entrepreneurs on Fire

      3,842 Listeners

      Side Hustle School by Chris Guillebeau / Onward Project

      Side Hustle School

      3,271 Listeners

      My First Million by Hubspot Media

      My First Million

      2,656 Listeners

      The Shawn Ryan Show by Shawn Ryan

      The Shawn Ryan Show

      46,167 Listeners

      Gamekeeper Podcast by Mossy Oak

      Gamekeeper Podcast

      1,220 Listeners

      Life Wide Open with CboysTV by CboysTV

      Life Wide Open with CboysTV

      2,404 Listeners

      Marketing Against The Grain by Hubspot Media

      Marketing Against The Grain

      358 Listeners

      Bellied Up by You Betcha Guy & Charlie Berens

      Bellied Up

      1,132 Listeners

      The Koerner Office - Business Ideas and Deep Dives with Chris Koerner by Chris Koerner

      The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

      258 Listeners