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455 | Creating Your Entrepreneurial Flywheel | Nathan Barry

ChooseFI

NOTE

Advice for Budding Entrepreneurs on Side Hustles and Proving Business Models

Following a similar path to someone else in terms of not burning the boats is interesting and could be relevant to budding entrepreneurs./nAdvising budding entrepreneurs that they should drop everything and go all in on a side hustle may not necessarily lead to success. Proving the business model and making some income could be a stepping stone./nMaking money is a skill that requires practice and a combination of various skills, similar to playing an instrument./nStarting a business or side hustle without the necessary knowledge and understanding of the industry is unlikely to yield immediate success.

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