The School of Greatness

539 Make Money on the Side with Chris Guillebeau

Sep 20, 2017
Chris Guillebeau, a bestselling author and modern explorer known for his insightful works like The $100 Startup, shares captivating insights on side hustles. He emphasizes the importance of validating ideas for income generation and highlights successful personal stories that inspire listeners to transform passions into profits. Guillebeau also discusses logistical hurdles in launching businesses and the crucial role of community support. With a humorous take on the challenges of entrepreneurship, he encourages authenticity and resilience on the journey to financial freedom.
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ADVICE

Make A Side Hustle For Options

  • Build a side hustle to create options and independent income separate from your paycheck.
  • Aim for growth beyond immediate security to gain freedom and empowerment.
INSIGHT

Platform Work Vs. Asset Building

  • Gig platforms like Uber offer flexibility but often cap earnings and create no lasting assets.
  • Build something you own (email list, product) to create long-term value.
ANECDOTE

From One Car To A Fleet Business

  • A Los Angeles host used Turo to rent one car and then leased more cars to build a fleet.
  • That small start grew into a multi-thousand-dollar-a-month business.
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