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Side Hustle School

#2838 - Q&A: “How can I diversify my side income streams?”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 8 October 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

In this episode, we discuss how to diversify your freelance income to create a more resilient business or side hustle. 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: [email protected] 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. 😎 🙏🏼  To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0

It's taken a few months, but I think I've almost chosen our next car.

0:04.0

I've weighed up new versus second-hand, assess the depreciation rates, and spoken to eight insurance providers.

0:08.0

I'll be ready to enter phase two of selection over the next few weeks.

0:11.0

You might be a driving enthusiast but were not all

0:13.9

admin enthusiasts. PivotL is the all-inclusive premium car subscription service

0:19.2

that simplifies your life. With insurance, maintenance and the possibility of switching to a fresh

0:23.8

vehicle every six months, experience the flexible alternative to car ownership at drivepivotal.com.

0:30.3

When Kate and Jervais founded Health and Her in 2019, they set out to transform Menopause care.

0:36.5

Through Barclay's Eagle Labs, they gained specialist industry and business expertise,

0:41.1

with support and training for the whole team.

0:44.0

But the story doesn't end here.

0:47.0

Because Health and Her are only just getting started,

0:50.0

selling at major UK retailers,

0:52.0

and making a real difference to thousands of lives.

0:55.0

Grow your business. Bank on Barclays.

0:58.0

Search Barclays Business Banking. How can I diversify my side income streams?

1:14.0

That is the question we're going to consider today.

1:17.0

Welcome back to Side Hustle School.

1:18.0

My name is Chris Gullibout.

1:19.0

Today's question comes from Lena, a freelance writer based in Oxford, Mississippi, and for the past couple years she has relied mainly on content creation for a single client.

1:29.0

But recently, this single client has been hinting at budget cuts and so what's she going to do?

1:36.8

How can she in fact diversify her revenue streams and how might you be able to do that as well?

...

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