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Category: Entrepreneurship

December 7, 2020By Erin @ Team Afford Anything

#289: Business Principles that Improve Your Life, with Josh Kaufman

Wish you could get a crash course in business administration, without the expensive price tag?

Want to know how you can provide more value in your current job to increase your chances of a promotion or raise?

Are you exploring the possibility of turning your side hustle into a full-time business, but have no idea where to start?

Today, Josh Kaufman, bestselling author of The Personal MBA, joins us on the show to discuss all three of these situations and much more.

In Josh’s words, “I think in general, business as a domain of knowledge is one of those things that once you learn it…it can help you in all sorts of different areas, even outside of business.” Regardless of whether you’re a teacher, graphic designer, entrepreneur, junior level employee, or manager, becoming familiar with business basics can change your perspective on work and the part you can play in your role.

Keep reading...

November 30, 2020By Paula Pant

#287: Put Yourself on the Hook, with Seth Godin

“Confidence is a trap.”

“Personal narrative is another trap; it was invented by the social media people to turn well-rounded, comfortable people into balls of insecurity.”

“Authentic is a ridiculous concept, and it’s a trap, and no one wants you to be authentic. They want you to be consistent.”

Prolific thinker and writer Seth Godin, arguably the most famous modern author in the field of marketing and storytelling, shares these insights in today’s conversation.

Seth Godin is famous for his ideas. He’s written 19 bestselling books on mastery, creativity, business and marketing. His books have been translated into 35 languages, and one of his books was the top bestselling marketing book of the last decade. He’s an inductee to the Marketing Hall of Fame (yes, it exists).

He joins us today to talk about creativity, choice, the importance of practice, and how to overcome your self-imposed limitations.

Keep reading...

October 29, 2020By Erin @ Team Afford Anything

#282: The Smart Way to Start a Side Hustle, with Alan Donegan

Has the economic uncertainty of 2020 caused you to think about creating your own stream of income? 

Has the turmoil of 2020 also caused you to feel so overwhelmed you’ve bought a plot of sand in which you bury your head on a daily basis? 

We get it. It’s normal to feel paralyzed by everything you need to do before you get your side hustle off the ground. But you don’t have to take the complicated route. There’s another way. 

Today’s guest, Alan Donegan, is the cofounder of PopUp Business School. It has helped over 7,000 people in six countries start their own companies. The best thing is, Alan teaches others how to quickly – and affordably – start businesses. There’s no fluff, just action. 

In this episode, Alan shares the simple advice and steps to take to give your side hustle a whirl. Within a month, you’ll know if your idea is viable or not, and all it takes is a few hours over the course of a week. 

Keep reading...

June 15, 2020By Paula Pant

#261: Why I Quit My Job in the Middle of a Recession — Interview from Lessons from a Quitter

We’re in an economic collapse.

We have the highest unemployment since the Great Depression.

There are many more people who want jobs than there are jobs available.

Yet, you want to quit your job.

Maybe you planned to change careers this year, maybe you wanted to take a sabbatical, or maybe you wanted to retire early.

Regardless of your plans, you might feel as though this recession ripped them to shreds and blew them out the window.

But…what if you could still make your plans work?

What?! Quitting your job at the beginning of a recession is INSANE, isn’t it?

Maybe. Maybe not.

You’re kidding. Right? …Right?? Isn’t that equivalent to career suicide?

Nope. It worked for me.

Since we’re in the middle of another recession and many of you want to voluntarily leave your job at some point in the future, I’m re-airing an interview I did on Lessons From a Quitter two years ago. The host, Goli, interviewed me about quitting my job at the beginning of a recession.

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June 5, 2020By Erin @ Team Afford Anything

#259: How to Lead with a Vision, with Michael Hyatt

Vision. 

We’re bombarded by articles and books and social media posts that tell us that a “vision” for life and work is essential.

But what is a vision? 

Is it a fluffy, pie-in-the-sky, feel-good statement that elicits warm-and-fuzzy feelings?

Is it the result of a week-long retreat spent in deep reflection? 

Is it a board full of a zillion post-it notes with color-coordinated topics?

Not according to our guest, Michael Hyatt, a New York Times and Wall Street Journal best-selling author on the topics of leadership and business. 

Keep reading...

April 16, 2020By Erin @ Team Afford Anything

PSA Thursday: 31 Tips to Stay Productive As You Work From Home

Welcome back to PSA Thursday, a weekly segment in which we talk about how to handle money, work, and life in the middle of a pandemic.

Today’s focus is work. Specifically, working from home, and how to stay focused and productive throughout your day.

Getting thrown into working from home when all you’ve known is the office life can be hard. Especially when there are added distractions involved that you don’t have to deal with at the office, like your kids, a pile of dishes, or your gloriously-stocked refrigerator.

How can you manage the expectations of both your colleagues and the people you live with? How can you find a routine when you feel like you’re being pulled in a million different directions? How can you ensure your kids are taken care of and your boss/manager/client is happy?

Listen to the episode to discover the 31 tips we recommend for staying productive as you work from home.

Keep reading...

April 13, 2020By Erin @ Team Afford Anything

#251: From High School Dropout to Successful Entrepreneur, Author and World Traveler — with Chris Guillebeau

Do you love the idea of making money on your own — without a boss?

Can you imagine deciding how you spend each day?

Are you bored and looking for a challenge? Do you love the thought of adventure?

Today’s guest, Chris Guillebeau, knows all about hustling, living an unconventional life, working towards seemingly impossible goals, and combining his interests into an epic lifestyle business that brings him freedom and joy.

Keep reading...

March 2, 2020By Erin @ Team Afford Anything

#244: Why I Quit My Job with No Savings When My Wife Was Five Months Pregnant, with Grant Baldwin

Grant Baldwin felt burned out.

He worked as a youth pastor, which felt like a 24/7 profession. He had to attend student events held late into the night, which left him exhausted.

One night, he came home to find his wife crying. She told him that she felt like she had a roommate, rather than a husband, because he was gone so often.

So Grant did something drastic: he quit his job, with negligible savings, when his wife was four to five months pregnant.

(Editor’s Note: WAT?! Who does that?!)

For the following year, he waited tables and worked odd jobs, cobbling together gig-economy money while raising a newborn. During his rare unscheduled moments, he started crafting a new career for himself as a self-employed public speaker.

Today, Grant Baldwin is a speaker, entrepreneur, coach, and author of The Successful Speaker. He’s earned multiple seven-figures in speaking fees and has helped over 2,000 people become professional speakers.

He shares how he made his dream a reality in this episode.

Keep reading...

February 17, 2020By Erin @ Team Afford Anything

#242: The Art of Trusting Your Most Dangerous Ideas, with Ash Ambirge, The Middle Finger Project

Ash Ambirge grew up in a trailer park in rural Pennsylvania.

She never met her biological father. Her father-figure mentor passed away when she was 14. Her disabled mother, who raised her on government assistance, passed away when she was 20.

Her childhood goal was to join the middle class. She dreamed of becoming one of those people who eats poppyseed bagels and lemon pepper chicken. After all, what’s more middle class than that?

Ash’s future changed the moment she received a need-based, full ride scholarship to college. After she graduated, she snagged a marketing assistant job and negotiated a $30,000 salary.

Ash had finally made it; she joined the middle class. To celebrate, she bought a brand-new car, financed a $5,000 mattress, and rented a luxurious apartment. Yet she felt that something was lacking (and it wasn’t the lemon pepper chicken).

Unfulfilled, Ash set out to answer two burning questions:

“What does it mean to live a good life?”
“What does it look like to do work that I’m proud of?”

Throughout her childhood, the answers to these questions had been elusive. Her mother hadn’t worked, and Ash had no idea what a “good life” involved. She had no role models.

Keep reading...

December 2, 2019By Erin @ Team Afford Anything

#228: What I Learned from Losing $170 Million, with Noah Kagan

In November 2005, when Noah Kagan was 24, he was hired as Employee #30 at Facebook.

At the time, Facebook was a one-year-old company with only a few million users. The company was growing rapidly, adding 50,000 new users per day.

Noah joined the team as product manager. He made a base salary of $60,000 plus 0.1 percent of ownership, equivalent to 20,000 shares.

His stock options would have been worth $170 million if he’d cashed out in 2014, he says.

But he didn’t see a dime.

In June 2006, merely 9 months after he started working at Facebook, Noah got fired. Instead of making $170 million, he made zero.

He fell into a deep depression for a year. Then he rescued himself by starting his own company.

He became a serial entrepreneur. He tried his hand at a lot of things — including developing Facebook games, selling discount cards, creating a payment processor in the gaming space — but he’s best known for his two most successful companies.

In 2010 he started a company, AppSumo, which offers daily deals on software for small businesses. It’s like Groupon for online entrepreneurs. By 2012, AppSumo was grossing $4 million per year in revenue, with annual net profits of $500,000.

Yet Noah wasn’t fulfilled. So he pivoted. He offloaded the day-to-day management of the company to a colleague, and in 2015 he started a sister company, Sumo.com, which develops marketing tools for websites and online businesses.

In today’s episode, Noah and I discuss reflections on business, money and life.

Enjoy!

Keep reading...

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