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In Episode 5, Nick and Tyler touch on a VERY important aspect of starting a new business or venture. They chat through the value of partnerships!
CHECK OUT... 1. Where in the world is Nick? - 00:34 2. Business and Relationships - 1:42 3. Our first fan question! - 3:50 4. To partner? Or to not partner? - 6:39 5. How to define a partnership - 8:01 6. Why even consider a partnership? - 8:42 7. Our apartment syndication deal - 9:12 8. How to properly set up a partnership - 10:45 9. Nick's closing quote - 14:26
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WOW. It's officially been 4 weeks since Nick and I started our side hustle challenge. 1 MONTH IN! Holy...
In this episode, we provide our 1 month status updates. How much progress have we made in our first full month?? CHECK OUT... 1. Tyler's 1 Month Update - 3:18 2. Tyler's 1 month revenue is $701.96 - 4:25 3. Nick's 1 month update - 5:35 4. Nick releases his ecommerce site to the public - 5:46 5. Nick's income/expense report - 6:42 6. Nick's next steps - 9:06 7. Why Did Nick Re-brand? - 10:30 8. Is it smart to HUSTLE when you're young? - 14:53 9. Nick's hustle story - 15:50 10. We got our first hater! Yes! - 18:07 11. A Shout Out to Jaime! - 18:26 12. Closing Quote - 19:47 In Episode 3, Nick and Tyler provide detailed revenue and expense updates on their businesses. How much have they made in 3 weeks? More importantly, who's winning??
CHECK OUT... 1. What is Nick selling? - 5:07 2. Doing your market research! - 5:26 3. How much money has Tyler made so far? - 7:29 4. Tyler's expenses - 9:40 5. A cool scheduling tool - 10:19 6. The Importance of Self Education - 11:11 7. What's next for Nick? - 13:57 8. Tyler's next steps - 15:49 9. How to figure out what type of Entrepreneur you are? - 17:20 10. "Ideas are Nothing Without Execution" - 19:56 11. Escaping the 9 to 5 - 23:53 Tyler's favorite book for starting a business - The $100 Startup: https://amzn.to/2GRWKDu Have a question? Leave it in the comments below and we might answer it next episode! In Episode 2, Nick and Tyler, lay out their detailed plans to generate $2K a month. Tyler is approaching the challenge with a 5 prong attack of income streams, while Nick is going ALL-IN on one business model.
KEY TAKEAWAYS 1. Build an audience 15:44 2. Anyone can be a consultant 16:34 3. Recognize trends and educate yourself in those areas 17:40 4. Have the right mindset 18:39 5. If you outsource tasks to others, understand their motives 20:58 Tyler's favorite book for starting a business - The $100 Startup: https://amzn.to/2GRWKDu Have a question? Leave it in the comments below and we might answer it next episode! Welcome to Episode 1!
Here, we meet Nick (who quit his job and moved to Asia) and Tyler (super motivated to increase his income streams), learn about their backgrounds, goals, ambitions, and what this challenge means to them. WHAT DO WE COVER IN EPISODE 1?
Tyler's favorite book for starting a business - The $100 Startup: https://amzn.to/2GRWKDu Have a question? Leave it in the comments below and we might answer it next episode! The past few years have been life changing.
Through personal education and networking, my goals, priorities, and mindset all changed for the better. In 2016 I was making $44,000 a year while living in the most expensive region in the US. I HAD to make financial changes if I wanted to take control of my life. Yes, I could've looked for a better paying job. BUT, I loved my job. I loved my co-workers. I had no intention of leaving just for more money. So, I had to get creative. Cue: THE SIDE HUSTLE It's very basic. I worked from 8:00am to 5:30pm Monday through Friday. Which meant....I had weekdays from 5:30pm to 11pm and weekends to hustle and make more money. I was "that guy" delivering fast food after work for Postmates. I was "that guy" delivering groceries with Instacart. I was "that guy" that downloaded obscure apps that'd pay me a minuscule amount of money for small tasks. I'm still "that guy" grabbing motorized scooters around town and charging them back at home. In the end, all this hustling has proven to be instrumental in my real estate investing journey as I own/am a partner on 83 units around the US. $20 here, $60 there...it ALL adds up. And if invested properly, IT GROWS! Diversifying your income and not having to rely solely on your 9-5 job is a damn smart strategy. And I'll always be looking at more ways to bring in income. You should too. I now have an ambitious goal. And my friend Nick is along for the ride. Or should we say...the competition... We're brainstorming ideas, creating side hustles, learning to monetize, experimenting with online business, freelancing, and so much more. We're racing each other to generate an additional $2,000/month each by July 31st. Oh yeah, and this income has to be made through side hustles and outside of our Real Estate investments and W2 jobs. Stay tuned and follow this new VIDEO SERIES as we dive into our journeys, our minds, our very different strategies, and our challenges...in pursuit of an ambitious financial goal. -Tyler |
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