#469 - Singaporean Sells Handcrafted Cashmere Scarves With a Story
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 14 April 2018
⏱️ 10 minutes
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Summary
A Singapore-based storyteller and lover of textiles earns an extra $40,000 a year selling handcrafted cashmere scarves from Nepal.
Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are. Share: #SideHustleSchoolShow notes: SideHustleSchool.comTwitter: @chrisguillebeauInstagram: @193countries
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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.
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Transcript
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| 0:00.0 | This episode is brought to you by Aala Big Milk. |
| 0:04.6 | It's important that your little ones get the nutrients they need for normal growth and |
| 0:09.1 | development. |
| 0:10.1 | Aala Big Milk is simply fresh whole milk enriched with essential nutrients, like vitamin |
| 0:16.0 | D, vitamin A and iron, to help fuel big adventures for your children over the age of one. |
| 0:22.2 | Extra goodness, really tasty and just fresh whole milk. |
| 0:26.6 | Bye Aala Big Milk today. |
| 0:30.8 | Welcome back to Side Hustle School. |
| 0:40.7 | My name is Chris Gill about your host. |
| 0:42.9 | We are coming to the end of another action packed week. |
| 0:45.2 | I want to talk to you today about selling luxury products. |
| 0:47.7 | We're going to feature a story, a storyteller actually from Singapore, whose side hustle |
| 0:52.7 | is making and selling luxury cashmere scarves. |
| 0:56.2 | These scarves sell for $250 each. |
| 0:59.1 | Actually more than that for some of them and the market for $250 scarves, it's smaller |
| 1:03.3 | than that of scarves that sell for 25 bucks. |
| 1:06.0 | But there is definitely a market, like there is clearly a market for luxury products. |
| 1:09.9 | And in some ways depending on the product it might actually be easier to sell something |
| 1:13.0 | high end than it is to sell something cheap, affordable or mid-range. |
| 1:18.1 | So we'll look at that and we'll also talk about the question of how much should you |
| 1:20.8 | reinvest in your business? |
| 1:23.0 | This comes up a lot because as you know in the stories we talk about how much money |
... |
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