Lecture on Starting a Side Hustle in 7 Days by Mike

Introduction

• Goal: Make passive income by starting a side hustle in 7 days.
• Mike's Background: Full-time doctor turned successful side hustler.
• Importance of commitment and focus on one side hustle.

Day 1: Lock in Your Side Hustle

• Decide on one side hustle to focus on.
• Avoid distractions from other side hustle ideas.
• Commitment is more important than the specific side hustle chosen.
• Learning from Mike's journey through different side hustles and the skills he developed.

Day 2: Reverse Engineer Path to Success

• Look at case studies of successful people in the chosen niche.
• Example: Mike studied successful YouTube doctors.
• Use these case studies as mentors for guidance and realistic goal setting.
• Avoid comparing your beginning to someone else's advanced stage.

Day 3: Set Up Your Public Portfolio

• Create a public portfolio to showcase your work (e.g., LinkedIn, Instagram, YouTube).
• Content serves as proof of your expertise.
• Example: Mike's students chose his course because of his YouTube content.
• Start with a 70% completed portfolio and improve over time.

Day 4: Map Out Your Skill Stack

• Identify core skills needed for your side hustle based on case studies.
• Find a skill manual: books, podcasts, YouTube series, courses.
• Dedicate time daily to improving these skills.

Day 5: Set Up Weekly Systems

• Implement a weekly planning and review system.
• Weekly planning: Set goals for the week.
• Weekly review: Evaluate if goals were met and why/why not.
• Example: Mike does his planning on Tuesday evenings.

Day 6: Set Up Daily Systems

• Balance work hours and avoid both overworking and procrastination.
• Recommended: 1 hour of focused work daily for busy individuals.
• Importance of deliberate, focused work over long distracted hours.

Day 7: Set Up Systems for Focus

• Treat focus like a habit; develop a consistent routine for focused work.
• Focus checklist: Each letter stands for an action to prime your mind for work.
• Example: Specific routine to initiate focus based on habit science.

Conclusion

• Recap of the 7-day launch strategy for starting a side hustle.
• Emphasis on commitment, learning, planning, and focus.