#2580 - Q&A: “What are the best side hustles for recurring revenue?”
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 24 January 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Seeking side hustles for sustainable, recurring income with minimal daily upkeep? Today’s episode is packed with ideas from digital products to subscription models.
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.substack.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Throw a red carpet down the drive, rope off your front gate, and tip off the paparazzi because you could have a VIP. |
| 0:07.0 | A very important postcode. In our February draws, players in the winning postcode will each win 12,000 pounds every month for 12 months and get to enjoy an unforgettable experience enabled through our charity partners. |
| 0:19.0 | Sign up before midnight tonight to play with people's postcode lottery where good things come knocking. |
| 0:25.0 | PPL managed lotteries on behalf of good causes. |
| 0:27.0 | 18 plus conditions apply, play responsibly, not available in Northern Ireland. And side hustle that provides sustainable recurring income with minimal |
| 0:44.3 | daily upkeep. Well that sounds impossible don't look for that. Just kidding. |
| 0:48.8 | Today's episode is packed with ideas from digital products to subscription models, we can in fact create passive income. |
| 0:55.1 | I do think it often requires some good work on the front end and then some maintenance usually as you go along just to be real with you because I want to make sure |
| 1:04.0 | I'm always giving you promises that we can keep as opposed to like what you see on some |
| 1:08.6 | YouTube videos or probably some Instagram videos as well but it is possible to have recurring income, of course. So that's what we're going to talk about. A listener, Sophia from Baltimore. She's been around for a while and is ready to take the leap. Specifically interested in ventures that provide subscription payments or recurring |
| 1:26.0 | revenue and with as little daily micromanagement as possible. Okay, so that's an admirable goal. Let's talk about it. She wants some guidance on what kind of side |
| 1:37.1 | hustles might best align with the goal, as well as understanding how to maintain it, maintain |
| 1:41.8 | that income stream once it starts. |
| 1:43.7 | So, I mean that sounds good to me, who doesn't want recurring revenue, right? |
| 1:47.4 | So let's look at the most common models and perhaps give you an idea to move forward with |
| 1:51.3 | your own ideas, right? |
| 1:52.6 | Because the whole point of Sad Hustle School |
| 1:54.1 | is to get you thinking and taking action. |
| 1:56.5 | That's my hope. |
| 1:57.2 | That's why we make this podcast every single day. |
| 1:59.3 | What are the best hustles for recurring revenue? |
| 2:01.3 | Today's question, the detailed version from Sophia and my |
... |
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