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Side Hustle School

#893 - Millennial Invests Side Income For Passive Profits

Side Hustle School

Chris Guillebeau

Entrepreneurship,, Side Hustle, Careers, Entrepreneurship, Business, Small Business

4.73.3K Ratings

🗓️ 12 June 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

A man on a mission goes from unemployed to day job, then from side hustler to millionaire in five years. Putting 80% of his income into investments for an early retirement made total cents.

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.  

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Show notes: SideHustleSchool.com

Twitter: @chrisguillebeau

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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.


Show notes: SideHustleSchool.com

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Read A Year of Mental Health: yearofmentalhealth.com


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Transcript

Click on a timestamp to play from that location

0:00.0

In today's story, Millennial Unimission goes from unemployed to day job, then from side

0:14.0

hustler to millionaire in just five years.

0:16.9

Putting 80% of his income into investments for an early retirement made total sense.

0:22.6

Welcome to Side Hustle School.

0:23.6

My name is Chris Gillibot.

0:24.6

I'm so glad you're here.

0:25.6

I've been on the road going to be in my hometown of Portland, Oregon tomorrow night live at

0:29.9

Powell's for those listening in real time.

0:31.8

If you're listening later, I am still probably on the road because I got a lot of cities

0:35.1

to go to.

0:36.1

Now listen, if you want to achieve financial independence, no amount of cutting back on

0:40.1

lattes is going to help you do that.

0:42.5

Rather than pity pinching, ultimately you need to make more money.

0:46.0

You need a significant increase in your income.

0:48.6

That's why in the world of personal finance, blogging and other online commentary, I tend

0:52.8

to pay attention to the voices that promote that approach.

0:55.9

As opposed to people who are into extreme budgeting or cutting coupons two hours a day, or whatever

1:00.9

it is, being able to make more money through a source apart from your paycheck is very

1:05.0

much a value of side hustle school.

1:06.8

That's what we're all about.

1:07.8

That's why I like this story.

1:08.8

I also like this guy.

...

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