Even with the rise of digital technology, billboards remain a profitable business.
In fact, Chris Brown built his billboard side hustle to $30,000 a month (part-time!).
Chris now owns approximately 30 billboards around Bentonville, Arkansas, and retired early at the age of 42.
Do you want to get rich? To build real, lasting wealth that can change your family’s circumstances for generations?
Prepare to be disappointed because there are no get-rich-quick shortcuts or overnight secrets.
Building wealth takes time, discipline, and sustained effort.
But the good news is you can absolutely do it, no matter your current situation or starting point. All it takes is following some proven rules and principles to put you on the path.
I’m talking about 10 fundamental rules that will help turn your financial dreams into reality. And they come from my recent conversation with Robert Farrington, founder of the famous personal finance site The College Investor and a longtime guest on The Side Hustle Show.
This conversation is based on his article 10 Rules to Get Rich and Grow Wealth.
Tired of trading time for money at your 9 to 5 job? Looking for a way to make passive income with minimal startup costs and overhead?
Then starting a vending machine business may be perfect for you.
The vending machine industry was valued at $42 billion last year and is expected to grow at 8.1% from 2024 to 2030.
Profitable vending machines are everywhere — offices, apartment buildings, gyms, airports.
Wherever people gather, there’s an opportunity to provide convenient access to snacks, drinks, and other bestselling impulse-buy items.
And it’s a great market to get into because it’s extremely fragmented, with vast potential for growth. No national player owns more than 5% market share.
How can one income stream turn into a whole lot more?
Simplify first, diversify second—that’s an idea I have always advocated on the show.
The first step towards diversifying is to have something working. But how do you know it’s time to diversify?
That is exactly what Bjork Ostrom (our previous guest from Ep 46) has done as he (and his wife Lindsay) masterfully “stacked” multiple online businesses that have developed out of their original food blog, Pinch of Yum.
This 10-year-old blog has been a launchpad for Food Blogger Pro (a guide for aspiring food bloggers), Clariti (for optimizing your site’s content), and the holding company, TinyBit.
And this is the framework he uses to decide if an idea is worth pursuing.
Google’s Helpful Content Update (HCU) hit a lot of online businesses hard with its new update.
Even well-established and authoritative websites experienced a significant drop in their rankings.
That’s why I went behind the scenes with Kelan Kline from The Savvy Couple, whose online blogging side hustle did well even after the update.
Kelan built his online business up from making $50 in the first year to now seeing around 500k pageviews a month. That led to his online business making seven figures last year.
Ever wish you could get a piece of the Amazon pie?
Corey Ganim of coreyganim.com did just that, banking $3.2 million in sales by selling other people’s products on the e-commerce giant’s platform.
And he didn’t have to deal with the massive upfront costs and headaches of manufacturing his own products.
Corey got started in early 2019 and went full-time with his unique wholesale business model by mid-2020.
He’s since built a multi-million-dollar business buying brand-name inventory at wholesale prices and reselling it on Amazon at a profit.
In this episode, Corey shares his best tips and insights featured in his book, The 5 Pillars of Amazon Wholesale and his free Wholesale Challenge training.
Making extra money on the side often requires finding ways to create leverage.
Leverage means getting paid multiple times for work you only have to do once, and making money without having to actively do the work yourself.
One side hustler who has cracked the code on leveraged profits is Steve Slagle. By day, Steve works construction jobs. But outside of his 9 to 5, he now earns over $2500 a month from Beachside Ice, his ice vending machine business.
In this episode, Steve takes us through the world of vending machine location negotiations, landowner compensation, and the importance of maintaining positive relations. We explore the finer details of partnering with manufacturers, securing permits, and overseeing installation and delivery.
If you’ve ever thought about traveling the world while getting paid (and mingling with the rich and famous on the side), Hugo Ortega’s side hustle story may appeal to you.
After spending 9 years working as a yacht crew member and captain, traveling to over 60 countries, the former engineer decided to turn his niche career experience into a fast-growing online course business—Superyacht Sunday School.
Now, it has grown into a full-time business earning $12K/month.
Around 72,000 people search “how to start a business” in Google every month. But that doesn’t tell the whole story.
If we dive a bit deeper into the search data, we can see the specific types of businesses aspiring entrepreneurs are looking for information on.
Here’s how the data stacks up.
With more and more women running successful businesses, the rise of the mompreneur is real!
What makes moms such great entrepreneurs? My guess is it has something to do with years of practicing patience, persistence, multi-tasking, and knowing how to make the most of every spare minute!
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