Don't Spend Money The Customer Won't See - Deepstash
The Startup Masterclass

Learn more about business with this collection

How to start a successful business

How to build a strong team

How to market your business

The Startup Masterclass

Discover 160 similar ideas in

It takes just

25 mins to read

Don't Spend Money The Customer Won't See

If you want to spend on something that doesn’t affect the customer, give up on it.

Spend what money you have where it makes a real difference to your customers -- because without customers, you don't have a side hustle.

1.67K

6.16K reads

MORE IDEAS ON THIS

See Your Side Hustle as "Me Time"

When choosing your side hustle, pick something you want to do, be or achieve, and actively work toward it. Not only will you enjoy the sense of accomplishment that comes with progressing toward a goal but you'll also feel better about yourself and your life.

See your si...

1.99K

10.9K reads

Always Default To Action

Spend some time planning. Then spend a lot more time doing. If you're unsure, do something -- and then react appropriately.

It's easy to think and plan and evaluate yourself out of ever starting a side hustle. See starting a side business as the grand experiment it is. Never forge...

1.86K

8.21K reads

Follow a Strict Side-Hustle Schedule

Decide how many hours you think you can spend a day on your side hustle. Then add 25 to 50 percent to that number, write it down and commit to that schedule.

See the schedule you create for your startup the same way you see your schedule for your current job -- a...

1.81K

6.16K reads

Only Spend Money On Actual Efficiency

Avoid spending money before you actually have demand for what you are acquiring.

Allow yourself to be inefficient until you have enough work to make greater efficiency truly matter. 

1.64K

6.77K reads

Don't Use a Side Hustle as An Excuse

If you just want something -- and there's nothing wrong with that -- don't use starting a side hustle as an excuse to buy it.

Plenty of failed side-hustlers admit they started their business as a way to rationalize the purchase of something they had always wanted to own.

1.52K

5.85K reads

Never Take On Side-Hustle Debt

To avoid having to work for years before turning a profit, start a side hustle you can fund through savings or that you don't need to fund. Provide a service that only requires the tools you already have.

Prove to yourself that there is a market -- and that you can serve that market ...

1.61K

4.53K reads

Only do What Generates Revenue

You may need to spend some time on admin and infrastructure. But you don't need fancy spreadsheets, comprehensive reports, a catchy brand or a mission statement.

Successful side-hustlers focus on selling and working. Anything else is time taken away from generating revenue.

1.77K

8.35K reads

Dream Big, But Focus Small

Rather than finding a way to make a million dollars, find a way to serve a million customers. Start small and prospect where you have a reasonable chance of success.

Along the way you'll learn and build a customer base. Later, you can leverage that customer base -- and everyth...

1.84K

6.73K reads

Consistently Crush Your Full-Time Job.

Don’t be tempted to think about, dwell on, or even work on your side hustle when you're at your full-time job, because this is wrong and may cost you your job. When you start a side hustle aim to be great at your full-time job and your side hustle.

So even before you start your side ...

1.65K

5.51K reads

CURATED FROM

CURATED BY

ang_

"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves

Related collections

More like this

See Your Side Hustle as "Me Time"

When choosing your side hustle, pick something you want to do, be or achieve, and actively work toward it. Not only will you enjoy the sense of accomplishment that comes with progressing toward a goal but you'll also feel better about yourself and your life.

See your si...

Side hustles are a luxury

A side hustle seldom makes much money, but it is more something you do because you like it. It is not the same as a "second job" as you don't feel pressure to use it to makes ends meet.

Team members that have side hustles rather than second jobs mean that the company is doing something rig...

Gather customer reactions

When it’s time to showcase your prototype to customers, you’ll want them to react naturally and honestly to what they believe is a finished product or service. Such reactions are solid gold, but feedback is not. 

If the illusion of a real product is broken, customers switc...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates