YAPSnacks: Starting A Business in 2023 | Part 1

Published: Jan. 13, 2023, 9 a.m.

b"When Vishen Lakhiani moved to New York City, he was making $7,500 a month at a company with a difficult, problematic, and even racist culture. After creating multiple streams of passive income and taking baby steps toward his goal of running his own meditation business, he was able to quit his job and eventually scale his company, Mindvalley, to nine figures. Vishen\\u2019s story is one of many entrepreneurial success stories we\\u2019ve heard on Young and Profiting Podcast, and in this episode, you\\u2019ll learn about the fundamentals of starting a business from these successes.\\xa0\\n\\nFeatured in this episode are Vishen Lakhiani, founder and CEO of Mindvalley; Nick Loper, founder of the popular blog and podcast, Side Hustle Nation; Josh Kaufman, author of The Personal MBA; and Alex Hormozi, founder of Acquisition.com and bestselling author of $100M Offers: How To Make Offers So Good People Feel Stupid Saying No.\\n\\nIn this episode, Hala and various guests will discuss:\\n- Calculating your minimal livable income (MLI)\\xa0\\n- Do what you love, what you\\u2019re good at, and what will make you money\\xa0\\n- Don\\u2019t quit your day job until you can afford to\\xa0\\n- Generating passive income\\xa0\\n- Testing your business idea\\xa0\\n- Today\\u2019s most profitable side hustles\\xa0\\n- Finding a viable market\\xa0\\n- Five parts of every business\\xa0\\n- You can make more money by serving a different audience\\xa0\\n- Why you shouldn\\u2019t focus entirely on generating revenue when you\\u2019re first starting out\\xa0\\n- And other topics\\u2026\\n\\nResources Mentioned:\\n- Vishen Lakhiani: The Law of Attraction is Bunk! The Truth about Intuition and Manifesting for High Performers | E201: https://podcasts.apple.com/us/podcast/vishen-lakhiani-the-law-of-attraction-is-bunk/id1368888880?i=1000590605986\\xa0\\n- Nick Loper: The Art of Side Hustles | E10: https://podcasts.apple.com/us/podcast/nick-loper-the-art-of-side-hustles-e10/id1368888880?i=1000423665576\\xa0\\n- Josh Kaufman: Launching a Business or Side Hustle | E106: https://podcasts.apple.com/us/podcast/josh-kaufman-launching-a-business-or-side-hustle-e106/id1368888880?i=1000512998935\\xa0\\n- Alex Hormozi: The Value Equation, How to Make Offers So Good People Feel Stupid Saying No | E199: https://podcasts.apple.com/us/podcast/alex-hormozi-the-value-equation-how-to-make-offers-so/id1368888880?i=1000588801031\\xa0\\n- Josh Kaufman\\u2019s Book, The Personal MBA: https://personalmba.com/\\xa0\\n- Napoleon Hill\\u2019s Book, Think and Grow Rich: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331\\xa0\\n\\nSponsored By:\\xa0\\nShopify - Sign up for a free trial at shopify.com/profiting\\nThe Jordan Harbinger Show - Check out jordanharbinger.com/start for some episode recommendations\\n\\nMore About Young and Profiting\\nDownload Transcripts - youngandprofiting.com\\xa0\\xa0\\nGet Sponsorship Deals - youngandprofiting.com/sponsorships\\nLeave a Review -\\xa0ratethispodcast.com/yap\\nWatch Videos - youtube.com/c/YoungandProfiting\\n\\nFollow Hala Taha\\nLinkedIn - linkedin.com/in/htaha/\\nInstagram - instagram.com/yapwithhala/\\nTikTok - tiktok.com/@yapwithhala\\nTwitter - twitter.com/yapwithhala\\n\\nLearn more about YAP Media Agency Services - yapmedia.io/\\nJoin Hala's LinkedIn Masterclass - yapmedia.io/course"