#8: TRANSITION WHEN YOU'RE IN A GOOD POSITION

Financially Adjusted

06/27/24 • 14 min

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In this episode of Financial Adjusted, I’m diving into a topic that many aspiring entrepreneurs grapple with: making the transition from a side hustle to full-time entrepreneurship. Whether you're working part-time or full-time while running your side gig, this episode is packed with practical advice to help you make a smart and financially sound transition.

Discussion topics in this episode:

· Budgeting

· Testing your product or service in the marketplace

· Health & Life Insurance

· Debt Management

· Revenue Projections

· Additional Business Needs

If you're ready to take your side hustle full-time, this episode is for you. Join me as we navigate the financial aspects of making this exciting transition. Remember, the fact that you're listening to this podcast shows that you have what it takes!

For more resources and support, reach out at [email protected].

Tune in now and let's make your entrepreneurial dreams a reality!

Recommended payroll software (affiliate link):

ADP: http://accountantprogram.adp.com/accept/?EID=5453c160-167e-4c6b-aedc-893d78fb3f87&type=ShareUrl

GUSTO (affiliate link): https://gusto.com/r/leslie4559

QuickBooks Online is my go-to accounting software. Get the best discount possible (30% off for 12 months) when you buy with my affiliate link below, through Complete Business Group. Message me at [email protected] with any questions regarding signing up. https://completebusinessgroup.com/leading-ledger-bookkeeping-llc/

My favorite budgeting app w/ an amazing free version: https://www.ramseysolutions.com/ramseyplus/everydollar

My preferred business credit card with cash rewards (affiliate link):
If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.
https://i.capitalone.com/Jnub3fUEX

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Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.

06/27/24 • 14 min

Financially Adjusted - #8: TRANSITION WHEN YOU'RE IN A GOOD POSITION

Transcript

Hello My amazing entrepreneurial friend. I’m Leslie Roth and you're listening to Financial Adjusted. This is a podcast I created to empower you to go for your entrepreneurial dreams and to provide you with financial education that helps you do it in a smart way. Many people start out as entrepreneurs via a side hustle where they are still in their part time or full time regular job. This is an incredible way to test the waterS so speak while you still have your regular income source.

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