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

How Authentic Leaders Build Great Organizations

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‘Authentic leaders are not ego driven, nor are they driven by power or money. They are more interested in learning, self-improvement, and helping others.’

‘Communicate directly with everyone in your organization and behave genuinely regardless of formal titles.’

‘Leaders who accurately size up external events and solve problems based on this assessment tend to be capable of greater achievements.’

‘Authentic leaders focus on results- setting both short-term and longer-term goals. They are not afraid of looking vulnerable and can own up to mistakes.’

‘Emotional self-awareness will enable you to lead with composure and a full understanding of your impact on others.’

‘Knowing your emotional triggers and reactions will enable you to use this emotional knowledge to effectively navigate through challenging or difficult situations.’

‘Acting arrogantly or not showing integrity can be the kiss of death in today’s world.’

‘Coaching means going out of your way o make sure people realize their full potential.’

‘Leading an organization when times are good and things are going well is not when one thinks of flexibility.’

Being emotionally intelligent means you’ll have the ability to successfully distinguish the emotions best suited to a particular situation from those associated with other parts of daily life and use those emotions to navigate the decision-making process.’

Source:

Steven J. Stein (2017). The EQ Leader: Instilling Passion, Creating Shared Goals, and Building Meaningful Organizations Through Emotional Intelligence