How To Turn A Passion Into A Passive Paycheck, According Ryan Scribner

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‘Start your side hustle with the intention of being the very best at whatever you do. Why aim for mediocrity?

Take time to figure out your ‘why’ behing starting your side hustle. This will be your long-term source of motivation.’

Represent yourself and your business as professionally as possible. This, in turn, has an impact on how others perceive you and your business.’

‘Sharing your story with your audience is a great way to build an emotional connection.’

‘Recognize that building a successful side hustle involves turning down other short-term moneymaking opportunities.’

‘The right relationships can help you pursue your dreams and build your business. Focus on the relationships that lift you up, not the ones that bring you down.’

Instead of simply offering information about a product or service, teach your customer how to use it. In return, you are likely to be rewarded with referrals and repeat business.’

‘Diversification is the strategy of spreading your eggs across multiple baskets instead of putting all your eggs in one.’

‘Reduce high-cost spending categories such as your transportation and housing by driving a reliable older vehicle and living with family, if possible.’

Create a written plan to follow. This doesn’t have to be formal business plan, but it doesn’t have to be in writing, not just in your head.’

‘Short-term intensity is not the goal. Instead, ask yourself what you could realistically see yourself doing every week for the next decade of your life.’

‘In order to have success in the long run, you need to be both people-rich and money-rich.’

Source

Ryan Scribner (2022). From Side Hustle to Main Hustle to Millionaire: 13 Lessons to Turn a Passion Into a Passive Paycheck

When Doubt Creeps In

Ask yourself, ‘What’s the worst that can happen?’

‘Don’t think about what you can’t do. Figure out what you can do. Then do it to the best of your ability.’

‘People often ask me how I have the nerve to make cold calls. First, I’m naturally curious, so I genuinely want to learn from other people. Second, people love to be asked about what they do and, generally, are eager to tell their stories.’

‘I was learning. Every day. That is how you stay fresh and motivated. Always be learning. An important lesson, for sure.’

You can do this, I said to myself. You’re smart. You can figure it out. And you can help people by helping them enjoy water.’

I’ve figured out a lot of stuff in my life. I can figure this out. And if it turns out I can’t, at least I can put this idea out there, that you can enjoy things that don’t taste sweet.’

‘… Sometimes, if you think too much about the end, you will never get past the beginning.’

‘It’s okay to admit that you have a problem or that you have no idea what you’re doing.’

‘It’s really important to bring your personal story into the brand identity. People associate the brand with a human being and that person’s story. It adds tremendous meaning and value to them.’

‘You have to have a good sense of your own strongest skills and also be willing to acknowledge where you fall a little short.’

‘Minimize risks. Always.’

Source:

Kara Goldin (2020). Undaunted: Overcoming Doubts + Doubters