The difference between a side hustle and a real business is systems & processes.
Level 1: Starting a Side Hustle
Level 2: Becoming Self Employed
Level 3: Building a Business
The 3 Key Systems of Every Viable Business
- Product - The value you provide
- Marketing - How you let people know you're open for business
- Finance - If it doesn't make dollars, it doesn't make sense
The 4 Support Systems of a Profitable Business.
- Sales - Turning prospects into customers
- Customer Service - Retaining customers
- Communications - Keeping everyone in the know, internally & externally
- Operations - Removing friction from the business
Resources
Books
- The E Myth Revisited
- Busniess Model Generation
