Speaker 1: Helping leaders motivate their people to a higher level of
Speaker 1: performance through strong human relations, team building, and golajving. This
Speaker 1: is the seven Minute Leadership Podcast with your host Paul
Speaker 1: fella Aledo.
Speaker 2: Hello everyone, and welcome to the seven Minute Leadership Podcast.
Speaker 2: It's episode five oh two today. I want to challenge
Speaker 2: you with a simple but powerful question. Can you start
Speaker 2: a business with just one hundred dollars? Now, before you
Speaker 2: shake your head or dismiss it, I want you to
Speaker 2: just listen closely. This isn't about theory. This is about
Speaker 2: what's possible if you're willing to strip away the excuses
Speaker 2: and take real action. Think about it. Every empire started
Speaker 2: with a single step, and for you, maybe that step
Speaker 2: is one hundred dollars and a good idea. So step
Speaker 2: one redefine what one hundred dollars really means. Most people
Speaker 2: waste one hundred dollars without thinking, dinner out with friends,
Speaker 2: a few Amazon orders, a streaming service subscription you don't use.
Speaker 2: But in the hands of someone serious about building a
Speaker 2: side hustle, one hundred dollars can be seed money. It's
Speaker 2: not about how much money you start with, It's about
Speaker 2: how resourceful can you really be Step two, start small,
Speaker 2: think lean. You don't need an office, employees, or a
Speaker 2: complex website. You need proof of concept. That's leadership at
Speaker 2: its core, taking an idea and showing it works. With
Speaker 2: one hundred dollars, you can buy a domain name and
Speaker 2: a basic website, hosting order supplies to create a small
Speaker 2: batch of a product, pay for a few targeted ads
Speaker 2: to test a service idea in print, flyers or cards
Speaker 2: to get the word out locally. The point is the
Speaker 2: first one hundred dollars isn't for building an empire. It's
Speaker 2: for testing your idea. In step three, solve a real problem.
Speaker 2: Too many side hustles fail because they're built on what
Speaker 2: I want to do instead of what someone needs solved.
Speaker 2: Leadership means putting others first. In business is no different.
Speaker 2: Ask yourself what problem can I solve for one hundred dollars?
Speaker 2: Can you mow lawns if you buy a cheap gas
Speaker 2: can and borrow a lawnmower? Can you design logos if
Speaker 2: you invest in Canva pro or five or ads? Can
Speaker 2: you bake cupcakes, tutor online or resell thrift store fines.
Speaker 2: The barrier isn't money, it's mindset and Step four, build
Speaker 2: a feedback loop. Every dollar spent should bring you back information.
Speaker 2: Did the flyers work, did the ads convert? Did the
Speaker 2: product sell? That feedback is your compass. Leaders don't wait
Speaker 2: for perfect conditions. They test, adjust, and go again. Step
Speaker 2: five scale what works. Once that one hundred dollars proves
Speaker 2: the concept, reinvest the profits. That's how you grow. Don't
Speaker 2: pocket the first two hundred dollars you make. Use it
Speaker 2: to improve your offering, buy better tools, or reach more people.
Speaker 2: That's where you stop being a dreamer and start being
Speaker 2: an entrepreneur. In step six, remove fear with action. Most
Speaker 2: people never start because they're afraid of failure. But here's
Speaker 2: the truth. If all you risk is one hundred dollars,
Speaker 2: the only real failure is not trying. Leadership isn't about
Speaker 2: playing it safe. It's about showing courage and small, deliberate steps.
Speaker 2: So if you have ever wanted to start your own
Speaker 2: side hustle, here's my challenge to you this week. Set
Speaker 2: aside one hundred dollars and just write down one idea
Speaker 2: and then map out how you can use that one
Speaker 2: hundred dollars to test it, not build a company, not
Speaker 2: impress your friends, but test it, and if you're serious,
Speaker 2: document it. Write down what you did, what worked, and
Speaker 2: what didn't. Because if you can turn one hundred dollars
Speaker 2: into two hundred dollars, you can eventually turn two hundred
Speaker 2: into two thousand. That's leadership and action. And this has
Speaker 2: been the seven minute Leadership Podcast, and I thank you
Speaker 2: for listening.
Speaker 1: For more Paul of Alito podcasts, visit Paul Fellowalito dot
Speaker 1: com