Module 15: Building a Sustainable DJ Business

🎥 Watch the full video to unlock the quiz.

3 Big Ideas
  1. Professional branding and reliability attract repeat clients and referrals.
  2. Financial management and diversification of income streams ensure long-term sustainability.
  3. Continual skill development and networking grow your business in any market.
Action Steps (do these now)
  1. Create a financial plan for your DJ business.
  2. Review your branding and professionalism across all platforms.
  3. Identify one new revenue stream to implement this month.

🧨 Mission 15: Financial Pitfalls to Avoid

🎥 Watch the briefing below. The final quiz unlocks automatically when the video ends.

📘 Lesson: Common Traps & Smart Defenses

1) High-Cost Debt

  • Payday & auto-title loans → extremely high APRs.
  • Rent-to-own → total paid often far exceeds retail price.

2) Minimum Payments = Maximum Interest

Paying only the minimum stretches debt and increases total interest. Pay as much above the minimum as possible.

3) BNPL Caution

Multiple Buy Now, Pay Later plans can cause missed payments and fees. Track obligations carefully.

4) Compare by APR & Total Cost

Don’t be fooled by “low monthly.” Longer terms often mean more interest overall.

5) Overspending Controls

  • Use a list, spending caps, and the 24-hour rule for wants.
  • Turn off one-click and remove saved cards on shopping sites.

6) Red Flags & What to Do

  • Pressure to act now, unclear fees, upfront charges = walk away.
  • If you can’t pay, contact the lender early for hardship options.
🔒 Quiz will unlock once the video finishes.
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