In this episode we learn from Troy R. Underwood, On How To Launch Your Side Hustle.
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Over 433,000 ambitious entrepreneurs start up new businesses each year in the United States. Yet nearly just as many—roughly 400,000 annually—go belly up and close shop. And only one-third are still in existence when 10 years rolls around. In his latest book How To Launch Your Side Hustle, Silicon Valley software developer turned serial entrepreneur Troy Underwood shows us that entrepreneurship and business ownership are distinctly different professions.
In this episode, we cover:
2:32 – What is a Side Hustle
3:55 – A business worth pursuing
4:25 – Finding your devil’s advocate
5:52 – Paralysis by analysis
6:20 – Create ways to fund your startup
9:39 – The role of the entrepreneur
10:10 – Basing it on utility
10:47 – Friends, fools and family
12:50 – Creative ways to market your side hustle
13:23 – The necessity entrepreneur
14:42 – Continuing education programs
15:26 – How to hire your first employee
17:54 – Do you have a scalable business
20:14 – Higher quality problems
21:12 – How to exit your business
22:48 – Strategic vs capital investors
28:25 – Writing a book on your iphone
Resources mentioned in this episode:
troyrunderwood.com
Tools: iPhone
Book: Ragged Dick by Horacio Alger Jr, The Richest Man in Babylon by George S. Clason, Losing My Virginity by Richard Branson
Album: Goodbye Yellowbrick Road by Elton John
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The post CL259: How To Launch Your Side Hustle - Interview with Troy R. Underwood appeared first at https://www.jamestaylor.me/troy-r-underwood/
