
Friday Jul 19, 2024
Episode 90 - Building A Successful Side Hustle: Part IV - From Garage to Growth: Designing, Building, and Scaling Your Side Hustle
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.
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