Side Hustle School Ep. 2955 - Weekend Workshop: Choosing Your Best Idea
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Feb 2, 2025 Discover how to choose your best side hustle idea with practical tools and activities. Learn the importance of evaluating your business concepts through a systematic approach, applying five essential criteria to make informed decisions. Enjoy real-life examples, including a deep dive into cooking business ideas, to inspire your entrepreneurial journey. This segment is packed with guidance to help you thrive in your side hustle without quitting your day job.
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Side Hustle Selector
- Systematically evaluate business ideas to find the most promising one.
- Use the "Side Hustle Selector" to assess feasibility, profit, persuasion, efficiency, and motivation.
Five Key Areas
- Evaluate ideas based on feasibility, profit potential, persuasion, efficiency, and motivation.
- Consider how quickly you can start, if there's a clear path to profit, if people want it, time/effort involved, and your excitement.
Cooking Business Example
- One idea involves in-person cooking classes, limited by space and schedule.
- Another is an online course, requiring video equipment but with unlimited reach.
