Find an Expensive Problem and Get Paid to Solve It: Your First $5k Consulting Business


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Jonathan Stark says the key to side hustle success — for consultants, at least — lies in finding an expensive problem, and solving it. 

Jonathan’s a pro at finding these expensive problems, having run a successful online consulting business for several years, focusing on mobile-ready web development.

At the recommendation of two-time Side Hustle Show guest, Kai Davis, he dropped by to share some of his insight on how to get a side hustle consulting business off the ground. We chat idea generation and validation, pricing, and growth strategies.

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Inside you'll find all of Jonathan's top tips for starting a profitable consulting business from scratch.

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Tune in to Learn

  • How to find a laser-focused niche you can serve, and hone your one-sentence elevator pitch. (“I help ______ with _______.”)
  • Jonathan’s selection criteria to see if a niche or industry is “big enough” without being too big.
  • His recommendations on how to start a business-to-business side hustle even when your own availability during business hours is limited.
  • How to perform market research and idea validation to uncover expensive problems on the cheap.
  • How to earn your first testimonials.
  • The 3 and 4-tiered pricing approach he recommends after landing your first clients.
  • Why your ultimate goal should be to “sell your brain and not your hands.”
  • Jonathan’s #1 tip for Side Hustle Nation.

Links and Resources

Podcast Highlight Reel Cover 250

Download the Free PDF Highlight Reel

Inside you'll find all of Jonathan's top tips for starting a profitable consulting business from scratch.

Sweet!
Where should I sent Jonathan's top tips from this episode?

I'll also send you my best side hustle tips and weekly-ish newsletter.
Opt-out anytime.

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Nick Loper

About the Author

Nick Loper is a side hustle expert who loves helping people earn more money and start businesses they care about. He hosts the award-winning Side Hustle Show, where he's interviewed over 500 successful entrepreneurs, and is the bestselling author of Buy Buttons, The Side Hustle, and $1,000 100 Ways.

His work has been featured in The New York Times, Entrepreneur, Forbes, TIME, Newsweek, Business Insider, MSN, Yahoo Finance, The Los Angeles Times, The San Francisco Chronicle, The Financial Times, Bankrate, Hubspot, Ahrefs, Shopify, Investopedia, VICE, Vox, Mashable, ChooseFI, Bigger Pockets, The Penny Hoarder, GoBankingRates, and more.

8 thoughts on “Find an Expensive Problem and Get Paid to Solve It: Your First $5k Consulting Business”

  1. Nick, this podcast starts out like two minutes into the conversation after your intro. I streamed it from ITunes and had to listen the opening twice to make sure. You may want to double check this and see if you have a good back up.

    Bill

    Reply
    • Hey Bill,

      Thanks for the note. Checked again on my side and I’m not hearing the problem. The first thing Jonathan says is to pick a laser-focused niche, yes? (Lately I’ve been cutting out the part where I say, “Hey Jonathan, welcome to The Side Hustle Show,” to get into the content faster.)

      Are you hearing dead air or a repeated audio loop?

      Reply
      • That makes sense then, that’s what I heard…it was just a weird effect- just wanted to let you know.

        All my best,

        Bill

        Reply
  2. I’ve listened to this twice now, great podcast Nick! I love what Jonathan is saying about pigeonholing and finding a specific problem that a specific audience has. It really does make everything so much easier to define. I think that if you can tell people what you do at a party without having to explain it past one sentence, you’ve probably made it specific enough.

    Reply
  3. This is my favorite episode. Jonathan’s plan for a cold email, ‘asking for advice’ campaign, is brilliant. Reminds me of Justin Wilcox. Excellent step-by-step blueprint to go from zero to hero in any kind of consulting business.

    Reply
  4. I just listened to this episode it was exactly what I needed to hear at the time I needed to hear it! It’s so bizarre, every last detail applies to my situation. I’m starting a product/ service that is focused on dentists and should bring in new business and reduce missed appointments due to fear and anxiety related to dentist visits.

    I have actually been listening to your podcast trying to get ideas on what steps to take next and your guest on this episode basically just spelled it out for me.

    Reply

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