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Side Hustle School

Ep. 3038 - Q&A: “When is it worth spending money on your side hustle?”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 26 April 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

When is it time to start spending real money on your side hustle? In this episode, we explore how to balance scrappiness with strategic investments to fuel growth.

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

Email: [email protected]

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

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

Lemonada. When is it worth spending money on your side hustle? And listen, the whole goal of your

0:15.5

side hustle is to make money, right? Not spend money. But of course, as your hustle grows,

0:19.8

you do have this question of when do I

0:21.3

invest in tools, when do I invest in services? Maybe I'll get some help. I need to pay some people

0:26.9

for that help. Or maybe I want to invest in some social media ads. These are all situations in which

0:32.7

it can be a good idea to do those things or it cannot be a good idea. So when do you do that? Like at what point?

0:39.5

We're going to hear today from Clara. She launched her business with just $50 and a borrowed camera.

0:45.4

I love that scrappiness. I wrote a book called $100 startup, but she's got me beat by 50 bucks.

0:50.0

So good for her. And she wants to know how to balance staying scrappy with making smart investments to grow.

0:57.2

Excellent goal. Let's dive into how to decide where to spend and where to save. That's today's focus.

1:03.8

Her question and my answer in just 30 seconds.

1:08.5

Hey, Julia Louis Dreyfus here. If you listen to me on my Wives and Me podcast, you probably already know that I'm an investor and an evangelist for the Mill Food Recycler. There are a lot of reasons to love Mill, but for me, it's all about the impact. Keeping food out of the garbage is one of the most powerful things we can do to help the planet every single day. We're talking banana peels, carrot tops, old takeout. When that stuff heads to the landfill,

1:33.5

it becomes a huge driver of climate change. If you already compost, great. But of course,

1:38.9

there's the smell, the flies, the running to the curb every day with a little leaking compost bag

1:44.0

made of cornstarch.

1:45.5

That's where Mill comes in. It makes keeping food out of the trash as easy as dropping it in.

1:51.4

It can handle nearly anything from a turkey carcass to like 20 avocado pits.

1:56.3

It works automatically while you sleep. You can keep filling it for weeks, and it never, ever smells.

2:02.8

Mill makes dry, nutrient-rich grounds that you can use in your garden, add to your compost,

2:07.8

feed to your chickens, or Mill can get them back to a small farm for you. But you kind of have to live

2:13.1

with Mill to really get it, and that's why they offer a risk-free trial. Go to mill.com slash

2:19.3

wiser for an exclusive offer.

...

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