If you've put out content into the world for six months and nobody is, nobody has responded to it. The hoping and praying model is a little bit tougher to judge. If you can talk to somebody one on one and say, would you pay me for this? You know, that's a much easier one. Do you know how much your subscriptions cost? Most Americans think they spend around $80 a month on subscriptions. We'll come back to this episode after this word from our sponsors: Zokdok slash Paula Pia Ubele.
#427: Okay, maybe the phrase “side hustle” is overused. But it’s also misunderstood.
“Side hustle” is a catch-all term that people use to describe everything from low-paid gig economy labor – Doordash, Uber Eats, Rover – to six-figure consulting for Fortune 500 companies.
On the remote-work side, it includes everything from freelance graphic design (services) to selling bundles of presentation deck templates (digital products).
On the physical goods side, it includes everything from wholesaling (real estate) to flipping antique grandfather clocks (personal goods).
On the e-commerce side, your side hustle might mean starting your own manufacturing, white-labeling and shipping services, in which you distribute toothpaste or trash can lids or desiccant packs.
How do we make sense of such an umbrella concept?
In this interview with Nick Loper, we learn how to wrap our minds around the huge world of hustles. We talk about how to understand the options available, choose a path, and start with minimal capital.
This interview originally aired as Episode 85.
Enjoy!
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