MADEXXXX
MADEINC
E N T R E P R E N E U R
E X C L U S I V E
5 ST EPS TO
Turning
Your
Side
Hustle
Into
Stable
Income
01.
Although entrepreneurship
is not for everyone, those
who do want to create a
career that leads to legacy
may struggle to take a leap of
faith in unchartered waters.
As creative entrepreneurs,
turning your creativity into
currency takes some big and
small steps. But, those steps
will ultimately reveal the best
time to take the leap.
02.
Make More Time for Your Hustle
Oprah wasn’t built in a day.
But, who said a day began at
9:00a.m. and ended at 5:00p.m.?
Maximizing the hours in your day is key
when building an empire. According to a
Harvard Business Review study, the early
bird does get the worm. Many successful
academics, politicians, and celebrities have
shared that they begin their day between
4:00a.m. and 6:00a.m. Although we are
not on #TeamNoSleep, it is important to
train yourself to take advantage of the time
before and after work. Get in the habit of
waking up earlier and continuing after you
leave the office. And, utilize the weekend.
The extra hours add up to a substantive
amount of work.
Build A Business Model
That Enables Consistent
Cash Flow
Certain business models
yield consistent cash flow.
Considering which model is
best for you can be the difference
between taking the leap of faith
sooner rather than later. You may
have noticed that models based
on recurring cash flow, such as
subscriptions and retainers, lock-
in customers to a weekly, monthly
and yearly purchase. These models
also cut out the time it would take
for recurring sales and marketing
to them. Figure out how you can
strategically offer a product or
service that requires ongoing
management and yields consistent
revenue.
made-magazine.com |
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