Entrepreneurs on Fire

How to Build a 7-Figure Side Hustle Without Quitting Your Full-Time Day Job with Shaan Patel: From the 2019 archive

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Aug 26, 2022
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ADVICE

Do What You Know

  • Start a side hustle in a field you already understand.
  • This gives you a competitive edge, according to Warren Buffett's investment strategy.
ADVICE

Start with Services

  • Consider starting a service-based company for your side hustle.
  • These require less initial capital and have higher success rates, especially online.
ADVICE

Passive Income is Key

  • Don't trade time for money; create passive income streams.
  • Write a book, create online courses, or make videos to generate income while you sleep.
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