ChooseFI | Financial Independence Podcast7 Heinä 2017

030R | The Side Hustle "Unpacked" | Friday Roundup

Most people dread going to the pool on July 4th because of the crowds — but what if avoiding the obvious times everyone else chooses is the key to unlocking better opportunities in your finances too? Brad and Jonathan break down listener questions on side hustles, travel rewards, and entrepreneurship, featuring insights from guest Dominick Quartuccio. Key Topics Discussed: Introduction and Weekly Update [00:00:53] Overview of insights from Alan Donegan's principles on side hustles and entrepreneurship. Discussing Side Hustles and Mindsets [00:02:31] Flexibility in pursuing side hustles. Jonathan shares his wife's interest in audiobook narration as a potential opportunity. Travel Rewards Discussion [00:02:56] How flexibility in scheduling allows for seizing better travel deals. Strategic thinking in maximizing travel rewards. Alan Donegan's Insights [00:04:20] Key takeaway: proving business concepts before large investments. Networking and community support in business endeavors. Coaching Announcement [00:30:00] Launch of a coaching program where one community member will receive mentorship for 12 to 24 months to grow their side hustle. Actionable Information: Barter your skills to initiate a side hustle. [00:07:37] Propose your value before you create a product. [00:14:30] Utilize unused resources in entrepreneurship. [00:08:23] Send an audio submission for the side hustle coaching competition. [00:30:10] Join the private Facebook group to engage with the community. [00:36:47] Key Quotes: "You don't know what you don't know until you do." [00:04:33] "If you just are a little bit intentional about it and a little bit smart and try to prove out your concept before you drop a crazy amount of money..." [00:06:40] "Sell your value before you create it." [00:14:30] "When you create something and it takes off, if you're operating from the FI mentality, it's a vehicle to get you to that number." [00:25:49] "You need an idea and then you need to execute on it." [00:17:00] Resources: Join the SelectFI community on Facebook to engage and share experiences.

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