606: Side Hustle Stacking: How One Extra Income Stream Can Lead to More

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 6 May 2024

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How can one income stream turn into a whole lot more? Simplify first, diversify second—that’s an idea I have always advocated on the show. The first step towards diversifying is to have something working. But how do you know it’s time to diversify? That is exactly what Bjork Ostrom (our previous guest from Ep 46) has done as he (and his wife Lindsay) masterfully “stacked” multiple online businesses that have developed out of their original food blog, Pinch of Yum. This 10-year-old blog has been a launchpad for Food Blogger Pro (a guide for aspiring food bloggers), Clariti (for optimizing your site's content), and the holding company, TinyBit. And this is the framework he uses to decide if an idea is worth pursuing. Full Show Notes: Side Hustle Stacking: How One Extra Income Stream Can Lead to More New to the Show? Get your personalized money-making playlist here! Sponsors: The Next Wave - Your personal Chief AI Officer for implementing AI to drive business growth. Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Airbnb - Start an Airbnb business and earn money as an Airbnb Host!

Transcript

Click on a timestamp to play from that location

0:00.0	Side Hustle stacking, how one income stream can turn into a whole lot more.
0:05.0	What's up, what's up, Nick Loper here, welcome to the Side Hustle show, part of the entrepreneur
0:09.3	podcast network, because your 9 to 5 may make you a living, but your 5 to 9 makes you alive.
0:15.0	The one idea that I advocated for on the show is this.
0:19.0	Simplify first, diversify second.
0:21.0	You're going to have something working first before you can even worry about diversifying.
0:24.8	But this is an episode about that second part.
0:27.6	How do you know when it's time to diversify? When is it time to branch out?
0:31.6	How do you add a side hustle to your side hustle?
0:34.0	And how can one income stream unlock more?
0:36.9	Today's guest is a pro with this, with several projects all stemming from an original blog.
0:42.2	In fact, we covered that blog's origin story
0:44.3	10 years ago on the show.
0:46.2	That's crazy.
0:47.3	From Pinch of Yum and Food Blogger Pro,
0:50.1	York Ostrom.
0:51.0	Welcome back to the Side Hustle show. 10 years. Maybe we can schedule it. I'll put it on my calendar.
0:56.0	A little more frequently. Once a decade interview and we'll see like which one of us in our 70s is still showing up with the podcast in front of us recording episodes.
1:06.5	Yeah, episode 6,000 and something.
1:08.7	Where are they now?
1:10.1	Our seventh interview in the once a decade series.
1:14.0	It's great to be back.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Nick Loper, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Nick Loper and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.