Signs it's time to turn your side hustle into a full time business! | Weeniecast episode 84

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  • čas přidán 16. 06. 2024
  • I'm going to share with you the signs it's time to call BS on your five-year plan and turn your side hustle into a full-time business!
    Hey, I'm Katie McManus, business strategist and money mindset coach, and this is my podcast "The Weeniecast!"
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    Pssssst! Need guidance on taking your side hustle full time? Book a strategy call with me here - weeniecast.com/strategycall
    Now, back to the episode!
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    Yes, you heard that right. Your brain might be lying to you about how long it really takes to turn your passion project into your main gig. ⏳💼
    This episode is jam-packed with:
    1. *How to Identify When Your Side Hustle Is Ready to Go Full Time* - Learn the warning signs that your business is ready to scale.
    2. *Understanding Different Risk Tolerances* - Find out whether you’re a maverick ready to leap or an accumulator needing a solid foundation.
    3. *Strategic Financial Tips* - Discover how to save and invest wisely to make your transition smoother.
    Whether you're oscillating between the comfort of your 9-5 or itching to go all-in on your side hustle, this episode covers realistic, actionable advice on making that leap sustainably and confidently.
    Join me as I dive into the experiences of my clients, including the remarkable story of Lauren Lefkowitz, who turned her five-year dream into a reality in just five months.
    Have you joined my hyperfocused community yet?
    Start your transformation today: weeniecast.com/hyperfocus
    Chapters:
    00:00 Introduction - Five signs it's time to turn your side hustle into a full-time business
    00:27 The story of Lauren Lefkowitz and her five-year plan
    02:06 The benefits of keeping your 9-5 while building your side hustle
    03:28 Different risk tolerances - Mavericks vs. Accumulators
    04:24 Sign 1: Making 50%-70% of your full-time salary from your side hustle
    06:30 Importance of saving and having a financial runway
    08:00 The pitfalls of the "burn your ships" mentality
    10:09 Setting boundaries and taking time off
    11:44 Sign 2: Checking in with yourself and feeling "done" with your 9-5
    16:26 Sign 3: Consistent leads and reliable new business
    17:38 Sign 4: Running out of time due to side hustle demands
    18:24 Sign 5: Having adequate savings to support your transition
    22:21 Designing a business that works for you as an ADHD entrepreneur
    24:36 Encouraging you to shoot for bigger dreams and aims
    Your next steps after listening:
    Realizing it's time to work with me? Book your free initial strategy call with me - weeniecast.com/strategycall
    Get more support in your ADHD entrepreneur life by joining my hyperfocus community! - weeniecast.com/hyperfocus
    Wanna get this content earlier, and totally unbleeped? Subscribe to the Apple Podcasts premium version of this show - weeniecast.com/winners
    Want to just buy me a coffee in return for some helpful insight? Thank you! Here's where you can do that - www.buymeacoffee.com/katiethe...
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