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Tag: side hustle

February 10, 2023By Paula Pant

#427: Start a Micro-Business & Build Multiple Income Streams, with Nick Loper

Okay, maybe the phrase “side hustle” is overused. But it’s also misunderstood.

“Side hustle” is a catch-all term that people use to describe everything from low-paid gig economy labor – Doordash, Uber Eats, Rover – to six-figure consulting for Fortune 500 companies.

On the remote-work side, it includes everything from freelance graphic design (services) to selling bundles of presentation deck templates (digital products).

On the physical goods side, it includes everything from wholesaling (real estate) to flipping antique grandfather clocks (personal goods).

On the e-commerce side, your side hustle might mean starting your own manufacturing, white-labeling and shipping services, in which you distribute toothpaste or trash can lids or desiccant packs.

How do we make sense of such an umbrella concept?

In this interview with Nick Loper, we learn how to wrap our minds around the huge world of hustles. We talk about how to understand the options available, choose a path, and start with minimal capital.

This interview originally aired as Episode 85.

Enjoy!

Keep reading...

January 19, 2023By Paula Pant

#423: Ask Paula: Can I Make Money with My Passion?

We’ve heard the warnings about following your passion.

People ask if you can *actually* make money doing what you love. They frame the question “passion or profit?” as though these are in opposition.

The majority – who have never tried – decry, “what if you fail?”

Nobody asks the more important question: what if you succeed?

Are you still going to love your passion when you rely on it to pay the bills?

We grapple with that question in today’s episode, which is devoted to side hustles and starting a business. We use questions from two of our listeners as a jumping-off point to discuss the realities of going into business for yourself, doing what you love.

We share examples from our own lives as professional podcasters, as well as from the lives of friends who are full-time photographers, musicians, writers and other creative entrepreneurs.

Enjoy!

P.S. Got a question? Leave it here.

Keep reading...

February 18, 2015Written By Paula Pant

How Sarah Quit Her Job, Launched an Online Business, and Now Travels As Much As She Wants

Five years ago, a Canadian woman named Sarah embarked on a series of life-changing steps.

She moved 215 miles away from her hometown. She returned to college (after initially failing a few courses) to finish her degree. After graduation, she landed a cushy job with a pension and plenty of benefits. She got engaged. They bought a house.

 […]

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November 24, 2014Written By Paula Pant

Not Earning Enough? Start a Side Hustle

Lately I’ve been getting emails from readers with the following situation:

“I’ve pinched every penny and slashed every expense. But I still can’t pay my bills. Help!”

If I accept your premise — if you’ve slaughtered your expenses to the brink of extinction — then you don’t have a spending problem. You have an income problem.

 […]

Keep reading...

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