Side Hustle Hero 52: Best Of Year 1: Top 10 Side Hustles
We're celebrating Year 1!
This episode brings you the best of the best side hustles we highlighted in the last 12 months.
They are in no particular order, because they each made the list for different reasons.
Some are online, some need you to be out and about in the world, most are year-round. Some are seasonal, but all of them can be lucrative side hustles.
What's your favourite? Shoot me a message and let me know!
Thank you so much or being part of this journey. It's truly deeply appreciated.
What You'll Hear:
01:00 #1 - Litter clean up of parking lots and commercial and industrial properties
01:27 Episode 21, This Business is Cleaning Up, with Brian Winch
02:05 Use $30 - $50 an hour to number crunch projections
02:13 Why his clients are such fans
02:44 #2 - Making Money in the Sharing Economy, with J. Massey
03:50 You can establish a STR business without owning a property
04:20 J looks at his properties as a "distribution service" to maximize revenue
04:44 In Part 2 we discuss push back from cities and municipalities
05:40 "Day use" rental opportunities
06:18 #3 - Being A Paid Sports Superfan!
07:40 What's involved, what game day looks like, other offshoot income possibilities
07:55 #4 The Business of Being Santa, episode 29 - greater diversity in Santa's is providing opportunities for more people
08:57 Some of her friends make upwards of $40,000 playing the role
09:12 hiresanta.com
09:35 #5 is Serving up a Sizzling, Seasonal, Success with Poncho's Tacos episode 51
10:30 A seasonal market is an effective way to test your product, pricing, gain valuable feedback
11:36 "Pop up" stands, another smart way to test
12:10 Press releases and pitching their story landed some invaluable TV and other media coverage
12:31 #6 - Building A Review Website Business, with Chuck Temple, featuring the Electric Scooter Guide
13:21 Connect with a product or service you love and become the leading source for honest info about that industry
13:53 Look for a new industry or one with higher-value products
14:17 - #7 Excelling on Etsy, with Rachel Jimenez
14:25 You don't have to be perfect, just get it out there
15:06 After 9 months, she made $160,000 that year
15:24 This episode also stands out for her strategy for retiring early, her "there's always a solution" mindset , and the "5-minute strategy" as a path to higher productivity
15:56 #8 Scaling For Fun and Profit, with Sandra Booker episode 27
16:27 Seeing a client she helped go from earning $50/hour to $1 million a year, motivated Sandra to scale too
17:22 From $25, to $45 to $50/hr for VA services, then shifted to virtual business manager
17:51 In the episode Sandra shares her best delegation secrets, tips on when to make your first hire, and why you want to treat your client's business like your own
18:26 When you're training a remote worker, screen-share and record what you're doing so the person has something to reference again and again as needed
18:45 - #9 What It Takes To Be A Successful Seller On Amazon, with Annalisa DeMarta, episode 14
18:52 Buying books for $1 and reselling at a big markup on eBay, morphed into a $5 million brand on Amazon
19:41 Of the 2.7 million sellers on Amazon, her company is in the 0.0005% of sellers
20:02 In the episode she shares what it takes to be successful on the platform
20:10 Annalisa suggests selling via "arbitrage" as a great way to learn Amazon,
20:28 Private labelling or black labelling, and contract manufacturing are options, and she talks about the pros and cons of each
20:55 3 featured takeaways are - why and when to jump into a new venture, how to improve your cash flow situation, and how to reframe the feeling of depriving yourself when you're making those smarter choices
21:23 #10 - Reality Check: The Truth Behind E-commerce Success, with Melissa Ng
21:31 By day, she's an accountant
21:38 After Melissa found success in e-commerce, she co-founded Launchers Acadamy to help others be success in this space
22:01 What "shiny object syndrome" is and why you need to avoid it
22:40 Consistency and persistence is the "secret sauce" of being successful in ecommerce
23:11 Travis King from episode 46 Cash Flow And Capital From Land Flipping, describes how he suffered from shiny object syndrome
23:46 What commitment will you give to your side hustle?
24:12 Without a commitment, at the first sign of problems, it's too easy to doubt and then bail
24:35 Stick with it…and stick with me. I'll be here for year 2!
Podcast Website:
https://www.sidehustlehero.com/
Connect with Joan:
https://www.instagram.com/joanposivy/
https://www.facebook.com/posivy/
Be on the show!
https://www.sidehustlehero.com/guests/intake/