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77: Massive Markups For Mega Profits, with Jonathan Schuit
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What opportunities lend themselves to massive markups and mega profits?
Today’s guest Jonathan Schuit reveals many of them. His personal specialty is popcorn, and he’s been doing it as a side hustle for years. He makes a comfortable living at it working just one day a week.
This episode is less about popcorn and more about learning from Jonathan, some of the elements you need to consider when embarking on a new side hustle business.
His kernels of wisdom include,
· the advantages of farmers markets
· how simply being observant led to a big jump in revenues,
· how another small change pumped up revenues an additional 50%
· the importance of crunching (and understanding) the numbers
· lessons from the “snow cone” experience
Whether you're eyeing the popcorn market or considering a completely different side hustle, Jonathan's journey reveals a goldmine of wisdom for anyone looking to maximize margins and profits.
Let me know what you think!
Full show notes at our website:
https://www.sidehustlehero.com/77
Joan's Online Masterclass to help you achieve your side hustle goals:
Turn Your Thoughts Into Wanted Things:
https://courses.joanposivy.com/p/turn-your-thoughts-into-wanted-things
Connect with Joan:
https://www.instagram.com/joanposivy/
https://www.facebook.com/posivy/
https://www.sidehustlehero.com/about/
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