77: Massive Markups For Mega Profits, with Jonathan Schuit
Manage episode 407149727 series 3558257
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/
Be on the show!
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