Side Hustle Hero 44: Building A Review Website Business, with Chuck Temple
Welcome to Part 2 of my conversation with Chuck Temple, founder of multiple 7-figure businesses.
In this episode, we focus on his Electric Scooter Guide company.
I love the business model. Connect with a product or service that you're passionate about. Then become the industry source that the community trusts, for real, and honest, reviews. There's no inventory to carry, and your cash flow at least at the beginning, comes from commissions from affiliate links.
Chuck will share that story, as well as give you pointers of a couple of things to look for if you're curious about starting a review website.
He'll also reveal the main indicator you need to look for, that'll be a sign of when you need to stop planning and start executing your plan, for whatever your side hustle or expansion plan might be.
What You'll Hear:
02:16 The inspiration for a new business
04:15 Chuck turned to the community for his first product idea
05:10 Be the trusted person for sorting through the "way too much information" out there
07:30 Curate discount codes and coupons
08:52 If starting a review website, look for a new industry or higher value products
09:55 Committing to doing a "west coast scooter road trip" attracted his first sponsors
10:58 Getting feedback from the community provided some golden ideas!
11:50 Biggest expense for the scooter guide
12:40 Reviews that are overly positive are not as trusted as one's that also point out the negatives
13:50 How you know when to stop planning and start executing
14:45 The learning comes from succeeding and failing - you'll learn so much
16:13 "Smack you in the face therapy"
18:01 Anything that's not good in a company, you can trace back to the owner
20:37 Start Up To Sold
23:04 Chuck's best tip for taking action
Takeaway
24:13 Acting before you have the "perfect" plan
24:55 Go as far as you can see, when you get there, you'll see how to go further
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