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The Side Hustle Show
426: My $550k Side Hustle: An Online Business from Idea to Exit
Jan 7, 2021
Learn how the host started, grew, and sold a profitable online business generating over $550k in revenue. Discover insights on traffic generation, affiliate relationships, self-publishing, and the value of early movers in the industry.
46:23
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Quick takeaways
- Building a successful online business requires long-term vision and patience, as seen in Nick Loper's journey of running and selling Virtual Assistant Assistant for over 9 years.
- Identifying and addressing pain points in a niche market is crucial for creating a successful business, as demonstrated by Nick's approach of solving his own challenges with Virtual Assistant Assistant.
Deep dives
The Importance of Patience and Long-Term Vision
The podcast episode emphasizes the importance of patience and having a long-term vision when building and selling an online business. Nick Loper shares his experience of running virtualassistantassistant.com for nine and a half years before deciding to sell it. This highlights the need to think long-term and stay committed to a side hustle, even during challenging times.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode