Chapter

Starting a Business and Outsourcing
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36:34 - 40:09 (03:34)

The speaker advises that it's smart to pay for business insurance and outsource tasks that are not your skillset to save time and money, citing examples of places where he spends money that could be more profitable if they were outsourced.

Clips
The podcast host discusses the idea of monetizing an established audience with courses, mentioning law firms and accountancy firms as examples.
36:34 - 37:21 (00:46)
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Marketing
Summary

The podcast host discusses the idea of monetizing an established audience with courses, mentioning law firms and accountancy firms as examples. He himself had a large following, and had taught a course previously, which he had found successful.

Chapter
Starting a Business and Outsourcing
Episode
5 Big Ideas for a Business with Greg Isenberg
Podcast
My First Million
The speaker shares their experience of not knowing which insurance to get for their e-commerce business and admits that some businesses are not suitable for everyone's skillset.
37:21 - 40:09 (02:47)
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Business Insurance, Bookkeeping
Summary

The speaker shares their experience of not knowing which insurance to get for their e-commerce business and admits that some businesses are not suitable for everyone's skillset. They also mention their plan to hire a bookkeeper to manage the finances for their business.

Chapter
Starting a Business and Outsourcing
Episode
5 Big Ideas for a Business with Greg Isenberg
Podcast
My First Million