Optimal Work Daily - Career, Productivity and Entrepreneurship

1732: [Part 1] Too Many Side Hustle Ideas - Here are 10 Questions to Help You Choose Your Best Option by Nick Loper

Jun 28, 2025
Explore a practical 7-step framework for choosing the right side hustle, eliminating decision paralysis. Discover ten insightful questions to filter ideas based on skill, interest, and market demand. Learn how to evaluate opportunities like freelance consulting and Amazon FBA through a scoring system. The host shares their personal transition from corporate life to entrepreneurship, emphasizing the importance of asking the right questions. This guidance empowers listeners to confidently pursue ventures that align with their goals.
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ADVICE

10 Questions to Score Side Hustles

  • Score business ideas using these 10 criteria: excitement, customer path, time, capital, revenue, operation ease, automation, scaling, exit ease, and sale potential.
  • Rate each on a scale of 1 to 4 to prioritize side hustle options effectively and reduce decision paralysis.
ANECDOTE

Freelance Editing Business Example

  • Nick Loper illustrates the scoring system with his freelance book editing business.
  • He scored aspects like excitement (2), capital required (4), and scalability (2), totaling 28 out of 40 to show the practical application.
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