Sam Priestley dives into modern day lifestyle entrepreneurship. What is working, what isn't, and how exactly do you build a business that funds the life you want to live?
Three-part series on my strategy to cope with and financially benefit from the coronavirus and the related financial crisis.
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Recommended episodes of The Lazy Entrepreneur the podcast:
Three-part series on my strategy to cope with and financially benefit from the coronavirus and the related financial crisis.
Resources mentioned in this episode of The Lazy Entrepreneur:
Recommended episodes of The Lazy Entrepreneur the podcast:
Three-part series on my strategy to cope with and financially benefit from the coronavirus and the related financial crisis.
Resources mentioned in this episode of The Lazy Entrepreneur:
Recommended episodes of The Lazy Entrepreneur the podcast:
Buddy is a missionary and digital nomad. He is the founder of the not-for-profit stopslavery.org and supports himself and his work through online business.
Buddy also provides coaching and accountability. For a special discount of $99 and a 14-day free trial for listeners please go to: pleasekickmybutt.com/lazy
The charities that Buddy spoke about on this episode of The Lazy Entrepreneur Podcast are:
We cover ten different unethical strategies that people are using to make money online.
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Specialisation or generalisation? Which is the better path for a lazy entrepreneur?
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I tell Emma the stories behind five professional gamblers who each managed to beat the system and make a fortune in completely different ways.
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What's the point of being an entrepreneur when you got responsibilities?
In this episode, we talk about the motivations for becoming an entrepreneur. How the control and freedom that drove many of us to start a business is often at odds with the realities of running a business.
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Running around London in disguises trying to place as many bets as possible without getting banned. I tell Emma a story about the time towards the end of my professional gambling career where we built a syndicate of runners who would travel around the UK placing bets for us.
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If you are selling on Amazon FBA then you will have had issues and had to deal with Amazon Seller Support. Maybe they didn't even let you set up an account. They are notoriously bad and even if you are in the right, you can come up against a brick wall. But don't despair. In this episode, we discuss hints and tips to help you deal with them and get what you want.
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My professional gambling stories. In this episode, I tell Emma some stories about my attempts to make money trading on Betfair.
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And that's OK.
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For the first time ever I have started keeping a budget. In this episode, I try and convince a sceptical Emma that budgets are great.
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For most businesses, nothing is more important than money.
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A new challenge. We are going to take a brand new Instagram and turn it into a business. Follow along as we succeed or crash and burn.
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The older you get the harder it becomes to quit your career and start something new. The more you earn, the harder it is to replace your income. The more you spend, the harder it is to survive on a low income. And the more responsibilities you have the Now is the best time ever for you to start.
In this episode we discuss the above, but also the flip side. The more you earn, the more money you have to cushion your new project. The more you spend, the more room you have to cut expenses. And the more responsibilities you have, the greater the benefit from having control of your own time.
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Sam tells Emma about what led up to and how exactly his obscure table tennis video went viral and got more than 12 million views. They delve into the numbers of how much it made, and the long-term impact it has had on his different businesses. They also discuss how to recreate the success - a small number of views in the right place in front of the right people can snowball and lead to massive results.
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Sam & Emma have hit the road again and are recording this episode from Bangkok Thailand. So how have their opinions changed on what it's like living on the road?
To quote wikipedia: "Digital nomads are a type of people who use telecommunications technologies to earn a living and, more generally, conduct their life in a nomadicmanner."
Oscar runs pay-per-click agency Anuncia. He specialises in Google advertising and was kind enough to take a look at some of my businesses to see how we could improve our advertising. In this episode of The Lazy Entrepreneur Podcast he goes over when and how a business new to PPC should set up their campaigns.
Whatever your business is you shouldn't try and beat your competitors on price. In this episode, we talk through three different types of businesses that we have run or run in the past and why it was the wrong decision for each of them to compete on price.
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It is really easy to start a business from your home. In this episode we delve into Emma's home business.
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If you could be anyone in the world, who would you be? I believe that we can change our personality and so in this episode we discuss our role models and who we want future Sam and Emma to be.
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Feeling like you should always be working. That you are never working hard enough. That there is always more you can do.
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We flip our normal conversation on its head and talk about the benefits of having a job.
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When starting a business the setup and ideas phase are what we normally focus on. And that is what most gurus or courses teach. But the reality is that that is only the beginning. Getting sales and customers is going to be your main job and the hardest job. But also where you have the most freedom for creativity.
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Long-time reader of the blog Owen quizzes me on what he can do to improve his website.
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I chose to start a business with Emma after I watched her plan our wedding and saw just how useful her skills would be. Setting up a business and planning a wedding are very similar. From finding suppliers, logistics, budgeting and creativity. And I would go as far as to say, if you have organised a wedding, you can start a business.
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Naive optimism is a powerful force and one you should learn to harness. In this episode, we talk about the risks of over-analysing or loose deadlines and the benefits to unreasonable expectations.
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Emma goes to some of the best bars and restaurants in London to try and sell our gin. In this episode, she tells us about what it was like and what she has learnt.
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The wisdom of the crowd is well understood and copying what everyone else is doing is normally the correct option. But it is the times when we do the opposite that most defines us. And it is where success is made. In this episode, we talk about when you should follow the crowd and when you should do the opposite.
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Making money from technical or fundamental analysis of the betting markets. In this episode, we talk about one of the logical next steps for a professional gambler, and where I made most of my money.
If you have experience with matched betting or arbitrage then this is a good episode for you.
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Sam is asked questions by his readers about his favourite books, what his friends and family think about what he does, his opinion on gurus and life after gambling.
Sorry for the audio quality on this episode! We had some builders working on the house next door and it played havoc with our recording equipment.
To ask a question on the Lazy Entrepreneur Podcast simply email it to hello@sampriestley.com.
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Should financial independence and early retirement be your end goal? Ben Larcombe and Sam Priestley discuss their different attitudes towards financial independence and the FIRE movement.
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There is a conflict over how you should be spending your time as an entrepreneur. Some people will say that you should focus on just one business, pour your all in to it and make it the best it can possibly be. But others will tell you that is too risky. Diversify. Build as many income streams as possible.
Well, it is not quite as simple as saying one option is always better than the other. In this episode, we talk about how to balance your goals, your personality and the opportunities available to help decide if you should be building multiple businesses.
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We are Flint is a communications consultancy started in response to Brexit. They work with think tanks, policy experts and political campaigns to help them successfully connect to the general public. "To make strong, evidence-based ideas spread like wildfire."
Tom Hashemi is a fascinating individual and in this episode does a very good job of explaining how he managed to build a successful startup in a very niche and relationship focused industry. We delve into the nuts and bolts, discussing everything from marketing to recruitment. And the challenges of raising a baby while leading a new and growing business.
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A brainstorm on how to learn the skills of being a good boss. We discuss everything from the hiring process to discipline, office culture to employee welfare.
On this episode Sam Priestley is joined by guest host Dan Lim. Dan is not a natural leader but puts a lot of work into his personal business development and has been working hard to improve his management skills. He now runs a team of seven at his software firm and has some great insights and wisdom. Even better is that he sees his development as a work in progress and is actively looking to improve his skills as a manager.
As a terrible manager myself. Being both a people pleaser and an introvert, I found this conversation really useful.
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A self-reflective episode where Sam & Emma talk about building a personal brand and what they could do better.
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I am joined by guest co-host Ben Larcombe to talk about whether you should turn your hobby into a business. Ben is my business partner and together we run Eastfield Sporting Goods Co and Pipehouse Gin. He is the perfect person to talk to because turning his hobbies into businesses is exactly what he been doing very successfully for the last 10 years.
We discuss: Will the hobby work as a business? How do you create a business? Will starting a business make you lose the love for your hobby? What are our plans for future hobby related businesses?
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My favourite ideas for new businesses I am thinking about starting in 2019.
One of Sam's 2019 resolutions was to start a new business. So in this episode, Sam & Emma Priestley discuss seven areas where he thinks there are currently big opportunities and his ideas for businesses he is thinking of starting.
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Sam tells the story of a few businesses he tried to start while at school and talks about the type of people who are attracted to such schemes.
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One of my first businesses was to buy used cars in the UK and import them into Malta. Sam tells Emma the story of the extreme naivety that led to this business and why it wasn't as crazy as it sounds.
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Easy and straightforward bookkeeping for your Amazon FBA business.
A very important topic and something that is simpler than you might think. In this episode, Sam explains how you can leverage software and an affordable local accountant to run your Amazon FBA business.
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Luke goes into depth on how he built a £500k turnover company selling tea towels.
I found talking to Luke very interesting as his business is very different to any of mine. He had to build the demand for his product and find creative ways to get it in front of his audience. Well worth a listen.
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This is a call to action. Whatever the business is you are trying to research or has been sat at the back of your mind. Just start. You will never know enough and in fact knowing too can hold you back.
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An alternative to the sales funnel. A spider web of businesses that cover your whole niche.
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How I launched and sold a tech startup in under a year. And why it wasn't as big a success as it sounds.
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Sam gets asked questions by his readers about his views on Brexit, homeownership, job offers and mistakes.
A new format. To ask a question on the Lazy Entrepreneur Podcast simply email it to hello@sampriestley.com.
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I believe that what society thinks of as success, or who they label as a successful person, is just plain wrong. In this episode of The Lazy Entrepreneur Podcast, Sam & Emma Priestley discuss a new definition of success and how they look to achieve it.
The eight ways you can earn money from your online presence. Plus a discussion on the ethical considerations of each.
In this episode of The Lazy Entrepreneur Podcast, Sam & Emma Priestley discuss the basics of how you actually make money online, often called monetization. This is not about how to build a website or get followers, but how to turn those followers into money once you already have them. Whether you are a YouTuber, blogger or Instagram influencer.
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It's important to regularly look back and asses how your businesses are doing. So in this episode of The Lazy Entrepreneur Podcast, Sam Priestley takes a look back at how his businesses have developed over the last year. An honest look at the successes and failures.
Sam & Emma Priestley talks through the details of how they started one of their businesses Pipehouse Gin.
I often credit my success to my laziness and fear of the 9-5. But now that I work on businesses I love, we investigate what can be done to get me off the couch and doing something productive.
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One of the biggest mistakes I see with new entrepreneurs is they are trying to build a business that isn't scalable. They either don't think about it or assume that due to economies of scale things will get cheaper. Unfortunately, that is not normally true and a lot of people find themselves doing a business that is impossible to scale.
Sam & Emma talk about their experiences as location independent digital nomads. Why they decided to stop and settle down and why after two years they are now thinking of becoming digital nomads again.
Sam Priestley goes into detail on how to start an Amazon FBA business and how to succeed through 2019 and beyond.
Sam and Emma talk about how their comfort zones have been shrinking and what they can do to help them grow.
Sam Priestley talks about his first business and how it led to his six years as a professional gambler. Everything from simple matched betting to running around London in disguises placing bets.
This is an interview I did for the podcast Life, Love & Entrepreneurship back in 2015. It is fairly short but I think gives you quite a good insight into the way I think, enjoy!
It is very hard to compete in an already established industry but it is also very difficult to create a whole new industry yourself. So in this episode, Sam Priestley talks about a fundamental concept behind how he positions his businesses: find a new angle to compete in already saturated marketplaces. An angle where you are the market leader.
Sam Priestley talks about one of the ideas central to the way he does business. Serendipity. And how he prepares himself and remains ready for unforeseen opportunities.
Sam Priestley talks through the details of how he started one of his businesses. A coffee shop based in central London.
Ben is one of my favourite people. Someone who really inspires me and have a huge influence on the way I do business. In particular, he approaches problems in a unique way and is very comfortable going against the advice of his peers.
In this episode Sam Priestley goes into depths on how you manage international logistics remotely and as a one-person business. In particular, we're looking at a product-based business. Where the product is manufactured in one country and sold in another.
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We talk about six skills that you can work on now that will be crucial in helping you become a successful entrepreneur. Skills that you can work on improving right now.
We discuss the different ways you can promote and market your business:
Emma and Sam talk about the future of Pipehouse Gin and what that will mean for their lifestyle. Should they cancel their world travelling plans, make some personal sacrifices and go 'all in' on the business?
This is a frank and honest discussion that you can eavesdrop on.
In this episode, Sam Priestley discusses with Emma the pros and cons of starting a business on your own vs with partners.
In this episode, we go over the popular types of businesses that people are starting successful in 2018. From Amazon FBA to Instragraming. From Freelancing to Online Courses. Struggling for inspiration or ideas? This is the episode for you.
In this first ever episode of The Lazy Entrepreneur Podcast I talk about how I turn my ideas into businesses in the least risky and quickest way. Using this very podcast as an example.