The Entrepreneur Ride Along Podcast - Online Business and Niche Site Ideas for Entrepreneurs - 040 – Use Your Job to Quit Your Job: A proven blueprint to finding the best entrepreneur ideas

040 – Use Your Job to Quit Your Job: A proven blueprint to finding the best entrepreneur ideas

08/02/22 • 40 min

The Entrepreneur Ride Along Podcast - Online Business and Niche Site Ideas for Entrepreneurs

Want to start an online business but don't know where to start?

Want to build and scale a business that will help you achieve your dream of financial freedom and live the entrepreneurial lifestyle full time?

Use your 9-5 day job to build your online business and become financially free so that you can live the entrepreneurial lifestyle full time. It's time to use your job to quit your job.
That's what today's episode is all about. Take the expertise accumulated over years of working 40 hours per week. Take that expertise and turn it into a business that generates recurring revenue for you for the rest of your life. (just like I did).
I'm going to show you how in today's episode of The Entrepreneur Ride Along Podcast.
The Day Job Niche
The day job is one of my absolute favorite places to find business ideas. You are an expert at whatever you do in your day job. You are literally a professional; you are paid to do what you do every day, forty hours a week, fifty-two weeks a year. That is the definition of expertise. You spend over 2,000 hours per year focused on one particular task in one specific industry. You have an immense amount of knowledge on this subject, knowledge that other people will pay to access. If you look, you will find a topic you have mastered in your day job that you can turn into your first business. I don’t care whether you are a barista at Starbucks, the retail manager of a Dicks sporting goods, a financial analyst at KPMG, an attorney for Samsung, or the CEO of Google. That job, where you spend over 40 hours per week, every single week is a breeding ground for business ideas.

If you want to start a side gig or build a business to support yourself financially so you can live life as you please (and not work), look to that monstrous time suck where you spend 40 hours per week. Use it to lose it. Use your job to build a business so you can quit your job and reap the financial rewards.

So why should your day job be your first business? Well, there are three simple reasons.

It’s easy
It’s the quickest path to success
It’s profitable

I'm going to show you why I love the day job niche, and show you how to utilize this niche to start your first online business, in today's episode of The Entrepreneur Ride Along Podcast.
Get The Book
Join the pre-sale team today, be part of the first group to read my newest book and learn how to use your 9-5 job to create and scale an online business. Pick up your copy of my new book Use Your Job to Quit Your Job today!
Links mentioned:

So why should your day job be your first business? Well, there are three simple reasons.

It’s easy
It’s the quickest path to success
It’s profitable

Previous Episode

039 – Blog Income Report: $167,051 in 2021 (Year End 2021 Income Report)

2021 was my best year yet, with total revenue of $167,051 for the year.

In this episode, I am providing a breakdown of my blog income report. This is a breakdown of the revenue, expenses, and profit from my niche websites. I will give you some insight behind the scenes into what I am doing with each of my niche websites, detailing what happened during the last year, and how I plan to continue scaling.
This income report is for the year 2021, my year-end 2021 income report.
For a full list of my income reports, see my blog income reports archived here: https://theentrepreneurridealong.com/incomereports

And if this sparks some ideas for you, or encourages you to go out and start an online business for yourself, I encourage you to start today. If you just need some ideas, go ahead and download my five website ideas (the businesses I would start if I had more time): https://theentrepreneurridealong.com/nichedownload/

Enjoy!

Next Episode

041 – How Chris Nelson Started a Business in the Banking Niche

Today, I am excited to interview Chris Nelson of bondinvestmentmentor.com

Chris shows us how he used his expertise working as a Chief Investment Officer in the banking industry to start his online business where he now offers coaching, advising, and courses to banking executives.

Chris Nelson Case Study

Chris is featured in my new book Use Your Job to Quit Your Job. Below is the case study from the book where Chris is featured. This comes directly from the book:

Take Chris Nelson for example. Chris was working as a Chief Investment Officer in the banking industry. He had worked in this position for over twenty years. In his time working as an executive in banking, Chris was contacted by someone in the industry and asked to present at a school providing executive training for bankers. His employer allowed it, at the time, and it probably looked good for the employer to have a representative of the bank networking and teaching other bankers. This presentation sparked Chris’s entrepreneurial spirit. He fell in love with speaking, presenting, and teaching. He started teaching at this school a few times per year. Years later, Chris leveraged this connection to build his business. Chris perfected his presentations and teachings, and partnered with this school to turn his presentation into an online course. Chris now offers coaching, advising, and courses to banking executives at bondinvestmentmentor.com. Chris quit his job in 2020. He successfully used his job, and his relationship with the banking school, to quit his job.

This Interview

This interview is part of a series of case studies that I will be publishing to The Entrepreneur Ride Along Podcast over the coming weeks as I interview successful entrepreneurs in the online business space. These interviews and case studies will be featured in my newest book Use Your Job to Quit Your Job.

Resources Mentioned

Resources mentioned in this podcast episode: