Side Hustle Secrets – In this episode I reveal my top success tips for Part-Time Entrepreneurs.  This episode was created to fulfill a promise I made to the Smart Passive Income community at FlynnCon 1 in Sad Diego in July.  I hope these tips are helpful.

All this and more on the Late Night Internet Marketing Podcast.

Show Notes

 

When you are a person with many commitments, how do you move forward with an internet business on a regular basis and make consistent progress?

Here are some tips that I've learned over the years that you can apply on your side hustle for a better chance of being successful at moving your business forward part-time:

 

  1. There is no such thing as easy money – these ads that you see where people are working for 2 hours a week, living on a beach, driving a Ferrari — that's not real. Everyone I know who’s wildly successful has put in a tremendous amount of effort. Don’t have the mindset either that you can only make money if you work crazy hard. You can work smart: deliver massive value and get paid a lot of money.
  1. Create value to derive money from your business – if you want to make serious money, you must solve a serious problem. Have the mindset that you are creating value for interaction — you need to serve that person first. This is a very important mindset for a side hustle entrepreneur because you don't have all that much time to touch your customers.
  1. Be absolutely clear on why you're building your business – there are two kinds of motivation: ‘moving away from’ motivation where you're imagining being free of some burden; and the motivation where you're creating something because it's what you really want. Part-time entrepreneurship requires focus and self-discipline, and thus, the need for motivation.
  1. Have a big dream – whatever your dream is that fits with your ‘why’, spend time visualizing that dream. This can be highly motivational and a great hack for part-time entrepreneurs to keep you focused and moving in the right direction.
  1. Execute small – take small steps, break down tasks into bite-sized chunks. If you have a big dream of helping people with this amazing course, the small thing that you have to work on today, for example, is outlining that first module.
  1. Leverage your interest – fall in love with the problem that you're solving as it is easier to keep going if you're doing something that you're interested in.
  1. Side hustling is a marathon, not a sprint – don't exhaust yourself, don't burn out. Be careful about going too hard and too fast. I'm not saying that you shouldn't be aggressive, just be sure to pace yourself.
  1. Practical implementation of goals – write down what you want to accomplish in the next three to five years but break things down into quarters. A tool you can use is Michael Hyatt's Full Focus Planner but a blank piece of paper will do as well.
  1. Have a mentor – follow the footsteps of someone who came before you, either directly or indirectly.
  1. Invest in yourself – whatever it is that you want to do or become, invest in yourself for that journey. This will last you for the lifetime of your business — the more you learn, the more efficient you become, the faster you will profit.
  1. Take massive and repeated action – do something every day to move your business forward. Don't let a day go by where you don't at least take some action, even if you can only spend 20 minutes. This keeps your business top of mind and allows you to stay focused from a psychological perspective on your business.
  1. Have a schedule and protect it – schedule appointments, even with yourself, and have the integrity to keep them.

 

Things to avoid when you're a side hustler:

 

  1. Don't steal from your day job – put yourself on your employer’s shoes. Don't work on your side hustle during your day job as you are using their resources.
  1. The shiny object syndrome – don’t go after promotions and the like as this just undermines your resolve to do the thing you need to do.
  1. Don't overextend yourself financially – piling bills can cause us to make the wrong decisions. Don't spend money too quickly or get too far in debt with your side hustle business.
  1. Avoid businesses that don't scale – it’s okay at first if you're doing something to get started but have the foresight to plan out ways on how to scale.
  1. Don’t quit your day job too soon – that's the money that's allowing you to the opportunity to run your side hustle business so don’t resign from your job. But also, don't quit mentally on your day job too soon. Don’t get so mentally wrapped up in your side hustle business that it’s all you can think of and your performance in your day job starts to suffer.
  1. Financial tidiness – don’t mix your money. Have a business checking account and run all business expenses and all business income through that. Don't ever cross the beams with regard to finances.

 

 

Links Mentioned In This Episode

Help Me Help You Succeed Online

The more I hear from you about your struggles, trials and tribulations, the more I can help. So, be sure to leave comments on this post to reach out to me on Twitter or in the Late Night Internet Marketing Private Facebook Group

Tell Me What You Think

I'd love to hear what you think about the podcast. Better yet, Id love to answer your question about Internet marketing on the show. Just drop me a line here on the blog or on the digital recorder at 214-444-8655. Dont worry, there are no stupid questions. Unless you tell me not to, when you ask a question or leave a comment might even use it on the show.

Help Me Help Others

Thanks so much for your reviews on iTunes. We get a ton of exposure from iTunes, and we really appreciate the reviews there. At last count, we were over 100 reviews worldwide and counting. Reviews help us get new listeners — so I really appreciate you taking the time to leave a review on iTunes (link).

Get The Episode Transcript

Interested in the transcript of this episode when it's ready? Transcripts are available to all of my subscribers. You can find them along with all the other episode transcripts and special bonus content in the Late Night Internet Marketing Podcast Vault (sounds mysterious, doesn't it?)

TEST
Enter your name and email address below and I'll send your Domain Name Checklist directly to your inbox.

Enter your name and email address below and I'll send your Domain Name Checklist directly to your inbox.

It's the only domain name checklist you will ever need.

You have Successfully Subscribed!

Enter your name and email address below and I'll send your Blog Post SEO Checklist directly to your inbox.

It's the only SEO checklist you'll ever need.

You have Successfully Subscribed!

Enter your name and email address below and I'll send your awesome Become An ExpertChecklist directly to your inbox.

Crush Imposter Syndrome Starting Today!

You have Successfully Subscribed!

Monday Motivational Email

Yes!! Please help me stay motivated by sending me an awesome motivational email each Monday morning.

Success! Now check your email to confirm your subscription.

Affiliate Marketing Tips

Enter your name and email address below and I'll send your awesome Affiliate Tips Checklist.

More than 30 tips to help you increase commissions sent directly to your inbox.

You have Successfully Subscribed!

Join The Community!

 

Leave me your email and I will send you cool free stuff

You have Successfully Subscribed!

Sign Up To Get Notified About The Launch!

You have Successfully Subscribed!

utm parameters google analytics

Where should Isend your UTM Parameter Secret Decoder Ring?

It's the only UTM Parameter reference you will ever need, and I'll send it straight to your inbox.

You have Successfully Subscribed!

Want To Start Your Own Internet Profitable Online Business? Need Help Making It Grow?

Want To Start Your Own Internet Profitable Online Business? Need Help Making It Grow?

Just leave your email and I'll send you everything you need to get started, and helpful tips to make your business thrive.

You have Successfully Subscribed!

Enter your name and email address below and I'll send this presentation directly to your inbox.

These slides are perfectly with episodes 147 and 148.  They'll make everything crystal clear.

Your content is on the way!

Yes! Notify Me When New Late Night Internet Marketing Podcast Episodes Are Released!

You'll know when new episodes are available (and exactly where to find them).  Easy peasy.

You have Successfully Subscribed!

Yes! Notify Me When New Late Night Internet Marketing Podcast Episodes Are Released!

You'll know when new episodes are available (and exactly where to find them).  Easy peasy.

You have Successfully Subscribed!

Pin It on Pinterest

Share This