690: 9 Ways to Get Money to Start Your Side Hustle

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 11 August 2025

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Congrats! You've got a great side hustle idea ... now you just need money to get it off the ground. Even though many small businesses can have pretty low startup costs, most will still require at least some startup capital. And having enough money to start and grow your business is important. According to a recent study by CB Insights, 38% of startups fail because they can’t raise new capital. Similarly, "money" is consistently among the top struggles for side hustle founders. In this episode, I'll share the most popular ways to fund your new business, so you can choose the path that makes the most sense for you. I'll also share real-life examples of how some of the biggest brands in the world got the funding they needed to grow. Ready? Let's do it! Full Show Notes: 9 Ways to Get Money to Start Your Side Hustle New to the Show? Get your personalized money-making playlist ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Sponsors: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Mint Mobile⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Cut your wireless bill to $15 a month! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Indeed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠OpenPhone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get 20% off of your first 6 months! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Sign up for a $1 per month trial!

Transcript

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0:00.0	Here's a scary stat for you.
0:02.3	Nearly half of American families say they would suffer financial hardship within six months
0:06.3	if they lost their primary income earner.
0:08.9	And the other half?
0:10.0	Well, they're probably not listening to the side hustle show.
0:12.3	The good news is our partner policy genius makes finding and buying life insurance simple.
0:16.7	So you can make sure your loved ones have a financial safety net in case something happens to you.
0:21.4	With PolicyGenius, you can find life insurance policies starting at just $276 a year for a million
0:27.3	in coverage. It's an easy way to protect the people you love and feel good about the future.
0:32.7	What I love is the transparency. Policy Genius takes the guesswork out of shopping for life insurance
0:37.2	by letting
0:37.7	you compare quotes from America's top insurers, complete with coverage amounts, prices,
0:42.6	and terms in just a few clicks. Now's the time to cross this task off your list. PolicyGenius
0:47.3	has thousands of five-star reviews on Google and Trust Pilot from customers just like you
0:51.8	who found the best policy to fit their needs.
0:59.4	Secure your family's future with PolicyGenius. Head to PolicyGenius.com to compare free life insurance quotes from top companies to see how much you could save. That's PolicyGenius.com.
1:05.2	And now, on to the show. This is awesome. You've got a great side hustle idea.
1:12.9	Now you just need the money to get it off the ground.
1:17.4	Even though lots of small businesses have pretty low startup costs,
1:19.9	especially the ones that we cover on the side hustle show,
1:24.0	most are still going to require at least some startup capital.
1:27.4	In fact, the problem of money is a pretty consistent one among side hustle show listeners in our annual surveys. Time, I don't have
	...

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