TCC Podcast #328: Generating Income from Multiple Businesses with Andrea Grassi

Andrea Grassi is our guest on the 328th episode of The Copywriter Club Podcast. Andrea is a serial entrepreneur with 6 businesses, and he shares how he’s able to manage, build, and grow each business. If you’ve ever thought about expanding your sources of income, you’ll want to tune into this episode. Here’s how the conversation goes: How Andrea became a marketer and entrepreneur. The reality of growing a business. Why he decided to start a second business… and a third business and… The most important part about starting a business. A breakdown of each of his vastly different businesses. Why he doesn’t need to be the expert in every business. The ingredients needed to build any business. How to create profit in your business and create a successful chain. Why your revenue isn’t that important – here’s what is. The importance of paying attention to each weak link in your business. The 3 pillars to any successful business. How to begin making a marketing plan. The mindshifts that take place while growing multiple businesses. Are you making it harder than it needs to be? The 3 positions you hold as a business owner. How to calculate your business value in each position. Finding out when it’s time to grow a team. How to look for the right business partner. The balance between multiple businesses, business partners, and employees. How Andrea breaks up his time and energy between each business. Measuring success through KPI’s. Splitting the stakes in business – what’s the first step? Are you really working or are you just working? Why you need to add in your rest block FIRST. The importance of deadlines for you and your team. The benefits of compartmentalizing. Andrea’s biggest strength and weakness are the same? How riding horses has anything to do with business. Listen to the episode or read the transcript below. The people and stuff we mentioned on the show: Join The Copywriter Accelerator waitlist The Copywriter Think Tank Kira’s website Rob’s website Andrea's website The Copywriter Club Facebook Group The Copywriter Underground Free month of Brain.FM Full Transcript: Rob Marsh:  There's a well known and much shared idea that says that the average millionaire has seven different streams of income. They might earn money from serving clients in their business, from selling evergreen products, from a property rental, from stocks and other financial assets and so on. Our guest for today's episode of The Copywriter Club podcast is Andrea Grassi. He's a partner in six or seven different businesses that generate income for him and more importantly, he makes a major contribution as the marketing expert in each of the businesses he runs. And because running even a single business is a big challenge for most of us, we wanted to find out how he does it all. How does he find partners? What exactly does he do in each of his businesses? And maybe how more copywriters can create businesses like the ones Andrea has. There's lots of great business building advice in this episode, so be sure to stick around for all of it. Kira Hug:  This podcast episode is sponsored by New Orleans. This is a city that Rob and I are currently in right now. We're together in New Orleans. We're actually here for our think tank Mastermind retreat, which we just wrapped last night. And Rob, did you have a good time? Rob Marsh:  That was amazing. Hanging out with these guys. They're doing such cool things with their businesses and just talking about the challenges they have, working through some of those solutions and also listening to the presentations, the speakers that we had, talking about all kinds of things from processes to running a minimalist business that works, people who are doing amazing things, running six figure businesses,