The Dark Side of Starting an Online Business Nobody Talks About

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When You Shouldn't Start an Online Business (could be a HUGE mistake) // You may be interested in choosing the best side hustle or taking one of your online business ideas and running with it. In this video you’ll hear an honest first hand account of the pros and cons of working a full time job, working a full time job while freelancing or having a side hustle, and going into full time entrepreneurship and business ownership. Every path has important pitfalls you need to be aware of, so be sure to consider what’s right for you before you start your own business.

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This was great to hear you talk about the struggles you faced creating your great business because I'm feelin similar struggles that you mentioned in your first two years. I'm starting out in a similar niche to you and still feel like starting an online business is the direction I'd like to go. Glad to see you've had so much success and it gives me inspiration to keep pushing forward.

For what it's worth I enjoy this type of content because I'm not looking for a job but still enjoy watching your videos and find them valuable because of the insight you provide.

MaximumCareer
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This is a fantastic video Madeline! I can't believe it hasn't gotten more traction. Thanks for making it!!

pambellefleur
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Well done! I have to say, I've done all three: 100% Work for someone else, 100% self-employed, 50%/50%. Would say that the best scenario for me was the 50%/50%. Mentally, I was more energized at work and less dependent on my employer for compensation, while at the same time, I wasn't beholden to crazy, needy clients, and the long, often lonely hours self-employment can bring.

designlady
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Thank you for taking the time to share this breakdown! It has helped immensely with my self reflection about business vs. side hustle vs. 9-5.

Your perspective on owning a business and the pressure it entails (even when things are going well!) is really refreshing and honest. Many online entrepreneurs make it sound like constant 4-hour work weeks and martinis from the beach, which really couldn't be further from the truth. At the same time, there are benefits, and I like how you focus more on the # of people you can impact via your business, as opposed to just the $$$ brought in. Great video!

StacyJene
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Ahhh, must needed, especially as a relatively new resume business owner!

khanhfident
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I love my full time job. I relate so much to that feeling you mentioned at the start of the video that once you found HR you loved your job no matter what. I'm a librarian, and every position I've held within the library/ at different libraries, I've loved. So much so that my side hustle is working PT at a different library lol. I don't think I could be an entrepreneur. I would find the pressure too unbearable. For me, the stability of full time work doing a job I love and am well suited for feels like freedom.

daniellefaith
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The part that resonated with me was knowing what the side hustle should be and if you want it or not. I started my YouTube channel because I liked what I was doing teaching software but realized that not everyone had access to the same resources I had. My first video was for a friend. Now I feel great helping people I have never met.

HeatherMajors
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Just what I needed to hear. Such insightful and informative post, Madeline! God bless you. I'm currently at the stage of working on hour basis with an organisation plus building a side income...Hopefully, I will be able to turn it into an automatic two-legged walking business one day. Currently the Chief EVERYTHING officer.. LOLzzzz

syazuinsazali
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Hey Madeline thanks for your videos! Have you thought about creating a series that talks about promotion interviews and how to prepare? I feel like these are a little different as many times you know the manager that is hiring, yet there is a recruiter involved. And if I should email the manager directly or not. Thanks for your time☺️

LM-mgkm
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I'm thinking about going back to working for someone else after running my business for 11 years. I'm just so tired and burnt out. It's so much work. It's been hard interviewing because it seems like none of the companies really value the skills built running my own business.

MsSquarebanana
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This video is perfect!! You describe the pros and cons of all 3 avenues perfectly!!!

dbotero
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Hi maam, I am 17 and have a lot of passion in almost all fields ... this video was really helpful

pranjalbiswas
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Thank you for the insights you shared! this is one of your videos I loved the most

giadavolpin
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This was exactly what I needed to hear today. Thank you for sharing!!

kiyoematsuura
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WoW, Madeline, this is so inspirational. I am so fortunate to have come across you. I am still in the job that I really enjoy yet the work environment might not be that perfect but I went through with it because of my interest in the type of tasks that I am in.

SophieHagan
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Here are the links mentioned in the video!

🍊UPGRADE YOUR CAREER 5- DAY MASTERCLASS
Ready to change the trajectory of your career in just 30 min a day for 5 days? See my in-depth training on how to attract top-tier opportunities, articulate your glory, and seal the deal with a job offer.

🍊FREE RESUME MASTERCLASS

E-BOOK: "Fill in the Blank Job Hunt: Essential Email Templates for the Job Search" -

SelfMadeMillennial
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Great overview. Thank you for doing it!

ehhep
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You are such an inspiration! I can't wait to see what other milestones you crush in your future. Is it too early to pre-order your memoir? 😂

plethoraria
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Hello
Can I join hr department or become hr with some speaking issues? Like my english is good but have cleft palate issue so my speech is nasel and sometimes unclear (few words) .... what's your opinion on that?

we-memes
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How much early childhood trauma did you endure?

I think my trauma changed the trajectory of my life.

PTSD keeps me here but disability has not yet helped me even though I have 10 diagnosed mental health disorders.

ColoradoVickyOfficial