In this new episode of The RevolutionFI Podcast, Tim celebrates real people making real money with a side hustle.
“So, the question is this: How can 50+ folks like us, honest and hard-working, how do we manage our current responsibilities and still plan for retirement? 401ks alone won’t be enough and we don’t have 40 years to save, so how do we leverage our experience and wisdom to gain financial independence? That is the question, and this podcast will give you the answers. My name is Tim, and welcome to the Revolution. The RevolutionFI podcast.”
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Happy Friday to you. Welcome back to the RevolutionFI Podcast. I’m Tim, and we are here today talking about real people making real money with a side hustle. This is going to be a fun one. It’s an analysis of The Side Hustle Show Episode 420, 11 Creative Side Hustles That Make Real Money by Nick Loper, and he aired this on Thanksgiving. It’s part of a Thanksgiving tradition he does over at that podcast, which is great, you should definitely subscribe to it. I’m going to talk about a few of those creative side hustles that he mentioned on Episode 420. Before I do that, make sure you head to revolutionfi.com, grab yourself the Solopreneur Formula Worksheet. When you finish, take a picture of that last page, text it to me, and I’ll give you some feedback on it. No kidding. I definitely will.
What is a Side Hustle?
Alright, so The Side Hustle Show’s a great show. It’s an interesting title for a show. Here’s what I want to mention. A few people I’ve talked to, in the 50 plus age demographic, have a bit of a reservation on something called a side hustle. It’s got sort of a negative connotation with the older folks–the Gen Xers, the Baby Boomers. It’s not terrible, but there’s definitely a bit of a stigma there, but I found with the younger folks, the Millennials or Gen Z, it’s not at all. The side hustle is just simply another way to earn money. It’s an interesting generational difference with that term, but anyways, let’s talk about Episode 420. What Nick did is he featured 11 creative side hustles that make real money, and I think this is gonna be fun. I have singled out a few of these I want to share with you right now.
Creative Side Hustles
The first one that got my attention was a guy who started a business doing piano tuning. Yes, you heard that correctly. Piano tuning. You see, this guy realized that most piano tuners were kind of old and crusty, and it didn’t take much technical skill. In fact, he’s talked about the fact that he didn’t even know how to play a piano, let alone tune one. Yet, with a tuning fork and an app, he was able to start making money, decent money, 200 or so dollars per tuning. It didn’t take him very long. I thought that was a really creative side hustle. I never would have thought of making money as a piano tuner, but you can definitely do that.
One that is pandemic-related, virtual babysitting. There are entertainers, you know, singers, dancers, performers, who will sell their services as virtual babysitting to entertain the young ones who might be looking at a screen a lot. I thought that was very creative. This next one’s interesting, too. Someone was doing peer to peer storage. So if you have space in your garage or in your attic or in your basement, you can rent that out to people and allow them to store their stuff there. That’s an interesting alternative to the storage places, but again, such a creative side hustle. You can see so far, none of these require any type of certification or degree or schooling. These are just people with creative ideas that found a way to monetize them.
Parking Lot Striping (one p)
Take a look at two more. Parking lot striping. That striping with one P not two. That would be something entirely different. That would not be appropriate for me to talk about on this podcast, but parking lot striping. Think about this. Every parking lot from office buildings to schools, retail establishments, malls, all over the place, in cities in suburbs, even in rural areas. Parking lot striping is a need, and this very clever and entrepreneurial guy figured out how to do it. He even wrote a book on it, so make sure you check out the link in the show notes, thesidehustlenation.com post so you can grab this book if you’re interested. A lot of money there, in fact, the guy that did this started it out as a side hustle and eventually took it on as his full time job. He doesn’t even work in the wintertime, so quite lucrative.
The last one, and this might be of great interest to you if you come from the author community like I do, but a B2B print on demand service. This woman figured out how to take KTP print on demand services and make those accessible to local merchants and businesses. Think about all the ways your local business could get an edge on their competition. if they had a print on demand book that you could build for them and ship out to customers when they place an order. No management, no inventory, no shipping costs. You just click it straight through to Amazon, and if they have Prime shipping, they get it in two days, so another excellent example of a very creative way to make some money with a side hustle. There you go. There are a few examples.
Little Things You Could Do to Start
There are six more if you want to go and listen to Side Hustle Show 420, but I thought, wow, that’s really got the wheels turning for me and starting to think about little things that you could do to start, you know, and whether you’re passionate about or not. If you’re passionate about performing, then virtual babysitting might be the way to go. Although, you could care nothing about pianos and still make money as a piano tuner. There’s something for everyone, and hopefully this got some ideas going for you as well. I hope you have a wonderful Friday night.
I’m going to be back tomorrow morning, and on the Weekend Reflections, I’m going to do a two-parter on tomorrow and Sunday. I’m gonna be talking about the declaration of financial independence, what that is and what it means. If you’re curious, come back in tomorrow morning, bring your coffee, sit in your robe or your PJs, and we’ll talk about it. Alright, have a good night. See you tomorrow.
Transcription by Otter.ai, please forgive the bot for typos and mistakes.
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