521: 5 Popular Side Hustles (and what to do instead)
The Side Hustle Show
Nick Loper
4.7 • 1.6K Ratings
🗓️ 18 July 2022
⏱️ 15 minutes
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| 0:00.0 | You're listening to the side hustle show the business podcast. You can actually apply. I'm your host Nick Loper |
| 0:05.7 | and today I'm breaking down five of the most popular side hustles and what you might consider doing instead |
| 0:11.7 | This was another one that was originally recorded for YouTube |
| 0:14.5 | So the pacing is a little tighter than what you normally hear on a podcast |
| 0:18.2 | But it's all good stuff notes and links to all the resources mentioned are at side hustle nation.com slash popular ready |
| 0:26.0 | Let's do it |
| 0:29.0 | Number one is freelancing providing some type of freelancer service |
| 0:32.8 | It's a popular side hustle and it's actually one that I often recommend to people who need to make money quickly |
| 0:38.6 | It's a great way to start and something times on myself too the limitation with freelancing or consulting |
| 0:45.3 | Of course is that you only have so many hours in the day, which puts a natural cap on your earning potential |
| 0:50.8 | You might also face the challenge of clients hiring you and your knowledge and your expertise |
| 0:56.4 | Instead of the result that you deliver for them call that the freelance trap your expertise |
| 1:01.6 | It's definitely a good selling point, but can be tough to grow out of if you want to expand |
| 1:05.8 | So what might you consider instead if your goal is to build something that grows beyond yourself |
| 1:11.7 | Consider an agency or matchmaker model from the beginning. What do I mean by that? |
| 1:16.7 | So instead of freelance writing consider starting a content writing business a content writing agency |
| 1:23.4 | Instead of doing graphic design consider starting a design agency instead of cleaning houses consider starting a cleaning company |
| 1:30.4 | There are examples in the side hustle show archives of all of the for example Gabe Arnold started copywriter today and grew it to |
| 1:37.9 | 20 grand a month his strategy was to bring other people on to write the content and then for him to focus on getting clients |
| 1:44.1 | You don't even need to be an expert in the business that you start |
| 1:47.0 | So this is one of my favorite examples comes from Russ Perry the founder of design pickle |
| 1:51.8 | Megapopular graphic design service. He admitted to me on the side hustle show |
... |
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