4.8 • 3.3K Ratings
🗓️ 24 October 2017
⏱️ 9 minutes
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0:00.0 | I'm not a fan of the game, but I'm a fan of the game. |
0:07.0 | Side hustle, school friends, listeners, and community, welcome back. |
0:10.8 | My name is Chris Gillabo, I've got a great story for you today. |
0:14.0 | We're actually going to talk about an important principle that we haven't really touched on very much yet. |
0:18.5 | This principle is that going from $1,000 a month to $5,000 a month is not five times as hard as getting to $1,000 a month in the first place. |
0:27.0 | Did you follow me there? |
0:28.4 | In other words, it's not nearly as hard to make more money from something that's already working as it is to get that thing up and running in the first place. |
0:34.4 | So in this example, going from $1,000 a month to $5,000 a month is not five times as hard, it's more like twice as hard. |
0:40.9 | So there's an advantage of scale and efficiency as you get better at doing this. |
0:44.9 | Now we'll talk about that lesson in the context of a story. |
0:47.4 | It's from a guy in Minnesota who earns $70,000 a year teaching wine classes. |
0:52.4 | He actually does this full time now, but as you might imagine, he didn't set out to do it full time. |
0:56.9 | It all started when he had a job and first decided to start a side hustle. |
1:00.9 | I'll bring you a story in just a moment. |
1:14.9 | Today's featured hustler is Jason Carlson from Minnesota, |
1:17.9 | whose side hustle came directly from his day job, but in a very unexpected way. |
1:22.9 | Way back in 1997, Jason was working for a wine shop when a guy came running in, saying that he was in a huge hurry but needed lots of wine to share with a bunch of fellow lawyers for a party he was hosting in his house. |
1:33.9 | He pointed to his cart and said, fill it up, so Jason filled up the cart. |
1:37.9 | He thought little of it until a week later when he saw the same BMW race into the parking lot and the same lawyer running into the store again. |
1:44.9 | Jason thought that guy must have hated the wine, so he actually hid in the store and hoped that somebody else would help him. |
1:49.9 | But the guy eventually found Jason and said, you're the one who picked out all those wines, right? They were incredible, but so obscure nobody knew what they were. |
1:57.9 | So fill my cart up again with the same wines and come to my house next week and teach us about them. |
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