The LiftAffect Podcast: Mental Health and Mental Skills Coaching for High-achieving, Overworked, & Overstressed Professionals
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Episode 90 - Building A Successful Side Hustle: Part IV - From Garage to Growth: Designing, Building, and Scaling Your Side Hustle
Manage episode 429650053 series 3493994
In this episode, Matt and Karl wrap up their series on entrepreneurship and building a successful side hustle. They dive into the critical steps of designing, building, and scaling a business. Topics covered include:
- Identifying and testing key assumptions about your product and market
- Defining a minimum viable business product
- Demonstrating customer demand and willingness to pay
- Focusing on your 'beachhead' market before expanding
- The pros and cons of scaling a business
- Important financial considerations for entrepreneurs
Matt and Karl share practical advice and personal insights, emphasizing the importance of careful planning, testing, and learning from failures. Whether you're starting a lemonade stand or launching a tech startup, this episode offers valuable guidance for aspiring entrepreneurs.
For more information, please visit the following websites: - LiftAffect Website - The V1 Project Website Connect with LiftAffect on: - Facebook - Instagram - Twitter - Youtube Connect with Matt on: Linkedin
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