Making Money from Side Hustles with Nick Loper
All the Hacks: Money, Points & Life
Intro
This chapter introduces the concept of side hustles, highlighting practical ideas for monetizing free time and creating passive income. It emphasizes innovation and creativity while exploring strategies to identify larger business opportunities for potential job replacement.
#11: Chief Side Hustler Nick Loper joins Chris to talk all about side hustles, including some easy ways to make extra cash, bigger opportunities to replace your job, making passive income and finding profitable business ideas.
Nick Loper (@nloper) is founder of Side Hustle Nation, the host of the Side Hustle Show podcast. He has quite a few side hustles under his belt, including self publishing multiple books, flipping products on eBay and starting (and selling) his online businesses.
Full show notes available at: https://www.allthehacks.com/side-hustles-nick-loper
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Resources Mentioned
Connect with Nick Loper: LinkedIn | Twitter| YouTube
Side Hustle Nation: Website | Podcast | Facebook Group
Make money through market research: User Interviews | Respondent
Grocery side hustles: Instacart
Driving side hustles: Doordash | Uber
Print on demand: Redbubble | Merch By Amazon
Writing marketplaces: Medium | LinkedIn
Learn web design: CodeAcademy | Self Made Web Designer
Freelancing websites: UpWork | Fiverr
How to become a Salesforce consultant
Help people with tasks: Taskrabbit | Thumbtack
How to Start a Pooper Scooper Business
Finding ideas: Rip, Pivot, and Jam Method | Side Hustle Nation Ideas Page
Clipboard tools: Alfred | ClipX
Turning a Service Business into Passive Income (motorcycle guy)
Full Show Notes
(00:18) Who Is Nick Loper?
(01:02) How Did Nick Become the Side Hustle Guy?
(02:16) What Is a Side Hustle?
(03:46) Nick’s First Side Hustle
(05:16) The First Few Years of Entrepreneurial Experimentation
(06:10) Should You Start a Business Around Your Passion?
(08:39) 5 Day $500 Challenge: 3 No Brainer Side Hustle Ideas
(11:40) Metrics You Can Use to Compare Side Hustles
(13:13) Side Hustles You Can Do in 15 Minute Blocks
(15:23) If You Just Want to Do a One-Off Blog, Do This
(16:08) Easily Sell T-Shirts and Stickers Online
(19:15) 5 Skills You Can Learn Online to Increase Your Income
(22:36) What Is the “Software with a Service” Side Hustle Model?
(25:01) Marketplaces Where You Can Sell Your Services
(27:22) If You Just Mastered a Skill or Found a Solution to a Problem, Do This
(28:32) How Can You Monetize Your YouTube Channel?
(29:10) Active vs. Passive Income Stream (An Example of How Someone Creatively Built Passive Income)
(32:28) The Best Advice About Making Money Is This
(33:21) How Nick Made $6000 Dollars in Just a Few Hours of Work (It Doesn’t Have to Go Viral to Make Money)
(34:17) Should You Start With Easier Side Hustles or Should You Start With the Slow Route?
(36:06) Advice to Everyone Starting a Podcast (Setting Quit Dates).
(37:32) Before Committing to a Path, Look for This First
(40:04) Finding Business Ideas: What Sucks Method
(41:24) Finding Business Ideas: Rip, Pivot and Jam Method
(43:10) Finding Business Ideas: Sniper Method (Niching Down)
(45:40) Turning Your 9 to 5 Into a Side Hustle
(47:18) How Does Nick Make a Living?
(48:12) 3 Bonus Hacks
(50:12) Think of Side Hustles as an Experiment. (Test, Test, Test)
Connect with All the Hacks
All the Hacks: Newsletter | Website | Membership | Email
Chris Hutchins: Twitter | Instagram | Website | LinkedIn
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