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Young and Profiting with Hala Taha

Nick Loper, Master the Art of Side Hustles to Create Lasting Freedom | Entrepreneurship | YAPClassic

Young and Profiting with Hala Taha

YAP Media Network | Hala Taha

Business, Entrepreneurship, Marketing

4.81.5K Ratings

🗓️ 27 December 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

Eager to use his spare time productively, Nick Loper started his first side hustle, ShoeSniper.com. Throughout the decade he spent running the footwear comparison site, he consistently experimented with other income streams, including freelancing, affiliate marketing, and self-publishing. But when his business hit one of its lowest points, Nick found himself asking, “What do I truly want to be known for?” While having dinner with his boss one night, he managed to beat the nerves and summon the courage to quit his job. Then, he poured his energy into building Side Hustle Nation, a community helping millions of people find freedom through side hustles. In this episode, Nick shares practical advice on how you can start and grow a profitable side hustle of your own. In this episode, Hala and Nick will discuss:  (00:00) Introduction   (02:35) Side Hustles That Stick   (03:16) Breaking Your Comfort Zone   (04:59) Nick’s First Side Hustle   (08:05) Side Hustle or Second Job?   (09:17) Why Millennials Love Side Hustles   (11:00) Digital Tools That Make Side Hustles Easy   (12:25) The Three Laws of Side Hustles   (16:49) Simple Ways to Test Your Business Idea   (20:28) Side Hustles You Can Start Right Now   (24:23) Turning Niche Skills Into Big Cash   (26:52) When Should You Quit Your Job?   Nick Loper is the founder of Side Hustle Nation and the host of The Side Hustle Show, one of the top podcasts for entrepreneurs. His journey started while juggling a corporate job and building a footwear comparison shopping site on the side, which eventually led him to full-time entrepreneurship. Nick is the author of bestselling books like Buy Buttons and $1,000 100 Ways, offering actionable insights into building sustainable income streams. His work has been featured in Forbes, CNBC, and Entrepreneur, and his Side Hustle Nation community is a hub for thousands of hustlers worldwide.  Resources Mentioned: Nick’s Podcast, The Side Hustle Show: https://apple.co/4fhvMCg  Sponsored By: Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Found - Try Found for FREE at found.com/profiting  Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify     Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap  Youtube - youtube.com/c/YoungandProfiting  LinkedIn - linkedin.com/in/htaha/  Instagram - instagram.com/yapwithhala/  Social + Podcast Services: yapmedia.com  Transcripts - youngandprofiting.com/episodes-new  All Show Keywords: Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset.  Career & Entrepreneurship Career, Success, Entrepreneurship, Productivity, Careers, Startup, Entrepreneurs, Business Ideas, Growth Hacks, Career Development, Money Management, Opportunities, Professionals, Workplace, Career podcast, Entrepreneurship podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Yep, gang, gang, gang.

0:13.7

Earlier this week, we aired my latest interview with Mr. Side Hustle himself, Nick Loper.

0:20.1

In that episode, we talked about his very first appearance on

0:22.6

the show that was episode 10 when he was one of my first ever guests. I was a baby podcaster in this

0:28.4

episode. Well, now is your chance to experience that conversation as well in this app classic episode.

0:34.7

Now, this was recorded back in 2018, so it may sound a bit different than the

0:39.1

podcast does today. But this is so much more than just an interesting archive exercise.

0:45.6

And that's because Nick shares some solid gold nuggets of wisdom that are still useful today.

0:50.9

You're going to hear Nick talk about his very first side hustle, what he calls the

0:54.6

three laws of side hustle physics, as well as which personality types do especially well

0:59.6

when it comes to side hustles. So if you're considering a new side hustle or looking to expand

1:04.7

an existing one, then why not prime yourself with a double dose of Nick Loper this week?

1:09.8

You won't regret it. Without further ado,

1:12.6

I bring you Nick Loper. So I thought that we could get started with getting acquainted,

1:21.5

so an icebreaker, if you will. I was on your website and I saw this list of 25 facts about yourself, one of which I found

1:29.3

really interesting.

1:30.5

You took a cold shower for 500 days in a row.

1:34.3

Can you tell me about that?

1:35.8

Why on earth did you do that?

1:37.7

I know, it sounds awful now.

1:38.9

So this was kind of in the 2014 to 2015 timeframe, started actually with a guest of mine on the side hustle show who was talking

1:46.9

about taking cold showers starting out as a fat burning hack to boost your metabolism for the rest

...

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