Side Hustle Nation – Invest in Yourself
Financial Independence Podcast
The Mad Fientist
4.8 • 1.7K Ratings
🗓️ 4 April 2016
⏱️ 35 minutes
🧾️ Download transcript
Summary
Nick Loper from Side Hustle Nation discusses the importance of side hustles and how they can make your path to FI shorter and more enjoyable!
Highlights:
- Why you need to diversify your income
- How Nick got his start selling shoes online
- The importance of investing in yourself and your business
- Why a low barrier to entry means you should just give it a shot
- Focus on the three Cs – Creation, Connection, and Contribution
- Why fientists can take more risks and be more speculative
- How to start a side hustle
- Why you should tap into existing marketplaces
To read the full article, visit http://www.madfientist.com/side-hustle-nation-interview/
Transcript
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| 0:00.0 | I'm blind to you in the finance. |
| 0:05.0 | Hey what's up everybody. |
| 0:07.0 | Welcome to the Financial Independence Podcast, the podcast where I get inside the brains of some of the best and |
| 0:11.6 | brightest in the personal finance |
| 0:12.8 | space to find out how they're achieving financial independence. |
| 0:15.7 | Today on the show I have Nick Loper from side hustle Nation.com. |
| 0:18.9 | I actually met Nick at a conference back in Charlotte last year and we had a good chatter for some |
| 0:26.0 | beers and I was excited when he agreed to come on the show because I realized that |
| 0:29.1 | sight hustles are actually something I've not really talked about much but they could play a huge |
| 0:33.8 | part in someone's path to financial independence. |
| 0:37.3 | For example, if you could generate $500 a month doing something that you enjoy that could continue |
| 0:42.0 | into your early retirement, you know, that's $150,000 less |
| 0:46.1 | that you'd have to save before you could potentially quit your job. |
| 0:49.7 | Plus if you create a side hustle that you actually enjoy doing, you know, that's something to do after you leave work. |
| 0:56.3 | You know, it's probably a difficult thing to go from, you know, working full time down to not having to work at all. So having something there that you enjoy doing that gives |
| 1:05.4 | you purpose, that's a great thing and that would likely ease your transition into early retirement. |
| 1:11.8 | So yeah, without further delay, Nick, thanks a lot for being here. |
| 1:13.7 | I really appreciate it. |
| 1:14.7 | Well, thanks so much for having me. |
| 1:16.4 | So my audience, you know, may not know too much about your site. |
| 1:20.1 | It's not really in the finance finance space it's more in the entrepreneurial |
| 1:23.8 | space so could you just uh yeah tell a little bit about yourself and you know how did |
... |
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