Sunday, March 3, 2024

Anatomy of a Side Hustle

Lots of people want to turn their hobby or passion into a money-making activity, or as the kids call it “a side hustle”. Let’s explore how to do it, and some mistakes to avoid. 

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SO YOU WANT TO MAKE MORE MONEY?

  • When do you decide to make more money? 
  • Is anyone willing to give you money? Is it profitable money?

HOW MUCH MORE ARE YOU WILLING TO WORK?

  • Why are you doing this? What’s the goal? Is there a goal? 
  • Are you doing this with anyone else? Are you aligned? Always aligned? 
  • Are you willing to put in the hours? Does anyone else care about your hours?
  • How much are you willing to invest in order to learn?
  • Are you OK with failing?
  • Do you understand how people make money in your niche?
  • How will you address conflicts of interest? Where do those come from? Do they matter?

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