Side hustling is the ultimate balancing act. You’re juggling a 9-to-5 to make ends meet while working on your passion project that you only wished paid the bills.
Turning what you love doing into a job is the ultimate dream for many, so we’ve partnered with Bankwest to help take your entrepreneurial aspirations to new and lofty heights.
Define Your Side Hustle
No business can be all things to all people. Defining your value proposition will help you and your team focus on what you do best. Simply put, your value proposition is the reason customers should buy what you’re selling. The more clearly you define your main selling point, the easier it will be to deliver it.
People are time poor so if you can’t succinctly sum up what it is you’re selling, they won’t listen. It should communicate three things. First up, relevancy: explain how your product solves a problem. Second, your value: deliver specific benefits. And lastly, differentiation: what sets you apart from your competitors. Once you’ve nutted this out, this value proposition will be your guiding light for everything that you do. These downloadable templates are specific to sole traders or if you’re in a partnership, company or trust, it will help you flesh out your value proposition and business plan.
Know Your Strengths And Weaknesses
Knowing what your customers are saying about you is crucial for driving customer relations, retention and loyalty. If one customer thinks you’ve given…