How to Start and Grow Your Business - Create Your Own Economy Podcast with Bunmi Ajibade

There are many different ways to generate income through a side hustle. No matter which side business you choose, there are important things to consider, such as if it’s worth it, how much time you're willing to dedicate to this side hustle and how much money you want to make. A side hustle can create a stable and consistent income for you, and it’s all about being strategic. The best strategy starts with knowing why you desire that particular side hustle, the end goal, and what you are willing to do to make it profitable.  Your side hustle will not be your primary job, but you can earn money and create your own economy by earning money doing what you are passionate about while having better control of your schedule.   In this episode, your host, Bunmi Ajibade, shares seven strategies to help you create a consistent income with your side hustle and live the life you desire.    Snapshot of the Key Points from the Episode: [00:58] Can a side hustle realistically create income for me  [02:39] Three questions to answer to create a profitable side hustle [05:14] The seven strategies to help you generate income consistently [05:22] 1: Know your WHY for starting that side hustle  [05:46] 2: Know your vision for the side hustle  [06:33] 3: Learn about the industry you are about to get into  [07:04] 4. Set realistic goals for yourself  [09:45] 5. Identify the skills you need to become successful [11:52] 6. Self-discipline: Keep yourself accountable  [12:37] 7. Get a mentor in the industry  [13:34] How creating multiple sources of income enhances your financial security [15:06] Find out if there is a conflict of interest between your side hustle and job     About Bunmi Ajibade - Bunmi Ajibade is the CEO, Executive Trainer, and Coach of Clarole Growth Resources, LLC. She impacts the lives of individuals, groups, and corporations through Coaching, Training, and Mentoring. Bunmi’s strategies include Creating Awareness, Clarity, and Navigating to be more and do more to achieve success. Through her love, passion, care, and empathy, Bunmi has helped her clients navigate, gain clarity and find solutions that will make them live their best lives and become successful. Bunmi has organized workshops, Seminars, led Leadership discussions, and conducted one on one coaching sessions.  Bunmi is happily married and raised 3 successful sons. She resides in Texas, USA.   How to connect with Bunmi Ajibade: Facebook Page - https://www.facebook.com/Clarole14 LinkedIn - https://www.linkedin.com/in/bunmiaj/ Youtube - https://studio.youtube.com/channel/UCMt0KuA5wGgzs3hNvQpWKAg

Most of us refer to side hustle as a second job, but it’s different because you are in control of what you do, where you do it, and how you do it. A side hustle is a side gig that you can take in addition to your primary job to supplement your income instead of taking a second job.  A side hustle is also not a business, as its main goal is not profit but income supplementation. However, a side hustle can be a great way of introducing you to the concept of creating your own economy and financial independence. It gives you an opportunity to be creative, the flexibility to accommodate other things in your life, and do things the way you want to, and eventually, it can become your primary career or source of income.  In this episode, your host, Bunmi Ajibade, explains what a side hustle is and shares seven ways it’s different from a business. Learn the strategies to turn your side hustle into a business and live the life you desire.   Snapshot of the Key Points from the Episode: [01:10] What is a side hustle, and how it differs from a business   [02:59] Three steps to turn your hobby into a side hustle or even a business  [04:52] The differences between a side hustle and a business  [05:53] 1: Financial rewards  [06:11] 2: Time investments  [06:54] 3: Financial investment cost  [07:54] 4. Side hustlers can run their businesses at home [09:19] 5. You can run side hustles alone without requiring extra hands  [09:51] 6. A side hustle can generate profit quicker than a business  [10:22] 7. Commitment level   About Bunmi Ajibade - Bunmi Ajibade is the CEO, Executive Trainer, and Coach of Clarole Growth Resources, LLC. She impacts the lives of individuals, groups, and corporations through Coaching, Training, and Mentoring. Bunmi’s strategies include Creating Awareness, Clarity, and Navigating to be more and do more to achieve success. Through her love, passion, care, and empathy, Bunmi has helped her clients navigate, gain clarity and find solutions that will make them live their best lives and become successful. Bunmi has organized workshops, Seminars, led Leadership discussions, and conducted one on one coaching sessions.  Bunmi is happily married and raised 3 successful sons. She resides in Texas, USA.   How to connect with Bunmi Ajibade: Facebook Page - https://www.facebook.com/Clarole14 LinkedIn - https://www.linkedin.com/in/bunmiaj/ Youtube - https://studio.youtube.com/channel/UCMt0KuA5wGgzs3hNvQpWKAg

Are you unhappy with the economic system dictating what job you can hold, how much money you can be paid, and what you can buy? It is time for you to take your future into your own hands and create the life that you want. Life is constantly changing, and so is our situation, but when you are intentional and in control of your own economy, you can better handle all the changes and challenges. Creating your economy is an opportunity to create what matters to you in your career. Whether it’s to be your own boss, remove the cap and increase your earning potential, or spend more time with your family, it will help you take control of your destiny.    In this episode, your host Bunmi Ajibade shares five strategies that you need to create your own economy, which are your currency and independence.   Snapshot of the Key Points from the Episode: [01:14] Five reasons why you need to create your own economy  [01:20] 1st: Job shifting and the constant fear of being laid off [04:00] 2nd: Complaining and finding reasons not to go to your job or desiring something else [04:58] 3rd: Life is very fragile and short not to live in your purpose, bring your passion to life and monetize it  [06:27] 4rd: Career change; Creating your economy might be the opportunity you are looking for  [07:25] 5th: Living your purpose in your job and not the purpose of your employer   About Bunmi Ajibade- Bunmi Ajibade is the CEO, Executive Trainer, and Coach of Clarole Growth Resources, LLC. She impacts the lives of individuals, groups, and corporations through Coaching, Training, and Mentoring. Bunmi’s strategies include Creating Awareness, Clarity, and Navigating to be more and do more to achieve success. Through her love, passion, care, and empathy, Bunmi has helped her clients navigate, gain clarity and find solutions that will make them live their best lives and become successful. Bunmi has organized workshops, Seminars, led Leadership discussions, and conducted one on one coaching sessions.  Bunmi is happily married and raised 3 successful sons. She resides in Texas, USA.   How to connect with Bunmi Ajibade: Facebook Page - https://www.facebook.com/Clarole14 LinkedIn - https://www.linkedin.com/in/bunmiaj/ Youtube - https://studio.youtube.com/channel/UCMt0KuA5wGgzs3hNvQpWKAg