The Side Hustle Show
589: How a Simple Idea Turned Into a $50k a Month Side Hustle
Dec 7, 2023
A couple's accident sparked the creation of an innovative Kindle strap that now generates over $50k a month. They discuss how they found success through micro-influencers, validated early demand, and utilized diversified sales channels. Other topics include developing the product, expanding market reach, managing orders, protecting their business, and driving traffic through various platforms. Tips for side hustle success and leveraging popular products are also shared.
45:09
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- An accidental incident led to the creation of a successful product idea.
- Utilizing micro-influencers on social media played a key role in gaining visibility for the product.
Deep dives
Creating a Solution to a Parenting Problem
Lou Rice was inspired to create a simple silicone strap for Kindle devices after accidentally dropping a Kindle reader on her newborn's head while breastfeeding. After testing the strap and finding it incredibly useful, Lou and her husband decided to turn it into a business.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
