The Side Hustle Show

644: $2k a Month in Semi-Passive Income on the Side

25 snips
Dec 2, 2024
Rob Phelan, a dedicated high school math and personal finance teacher, has transformed his expertise into a thriving side hustle by selling lesson plans online. He shares insights into the Teachers Pay Teachers marketplace, emphasizing the importance of finding a niche and creating unique educational resources. Rob also discusses strategies for launching products and engaging customers effectively. With an impressive $2,000 monthly income that's growing annually, he highlights the potential for educators to tap into semi-passive income by leveraging digital platforms.
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ADVICE

Alternative Marketplace

  • Consider Teachers Pay Teachers for selling digital products.
  • You don't need to be a teacher to sell on the platform.
ADVICE

Niche Down for Success

  • Niching down on Teachers Pay Teachers is crucial for success.
  • Focus on a specific subject within your area of expertise.
ANECDOTE

From Classroom to Marketplace

  • Rob created resources for his own classes and then started selling them.
  • This leverages existing work into a scalable income stream.
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