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My Side Hustle FailsThe good the bad and the ugly.
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That's right.
I've been working on side hustles for longer than some of you known they were a thing.
At 12 I went around my neighborhood knocking on doors and got leaf raking and lawn mowing jobs to buy my first electric guitar.
I've been working on side hustles for longer than some of you known they were a thing.
At 12 I went around my neighborhood knocking on doors and got leaf raking and lawn mowing jobs to buy my first electric guitar.
1. Buying an overpriced real estate course.
Yes, I bought it.
I took the whole course.
So we got to the end of the course and couldn't take action because we had spent our downpayment money ON THE COURSE.
Yes, I bought it.
I took the whole course.
So we got to the end of the course and couldn't take action because we had spent our downpayment money ON THE COURSE.
2. Buying a mommy forum website.
Yes, I am married and have kids. No, I am not a mom.
My wife had a mom blog and I thought it would go nicely with it.
It still exists out there and still sucks.
It's a fail because I didn't know what I was doing.
Yes, I am married and have kids. No, I am not a mom.
My wife had a mom blog and I thought it would go nicely with it.
It still exists out there and still sucks.
It's a fail because I didn't know what I was doing.
3. Buying a prebuilt course website.
Again, no plan no follow-through, no $.
If you want to see it:
https://dropshipping101.co/
Again, no plan no follow-through, no $.
If you want to see it:
https://dropshipping101.co/
4. Bitcoin Mining
In 2018 went in with a partner to build a Bitcoin mining farm.
Was distracted by every new miner and spent TONS of time to make very little $$$.
This was also a down market.
In 2018 went in with a partner to build a Bitcoin mining farm.
Was distracted by every new miner and spent TONS of time to make very little $$$.
This was also a down market.
We also were not allowed to stay in the space we were renting because someone bought the entire building to do a complete gut and remodel.
This wasn't a total fail. I still mine crypto on a small scale at my house.
But the larger project, FAIL.
This wasn't a total fail. I still mine crypto on a small scale at my house.
But the larger project, FAIL.
5. http://Usertesting.com
Be careful with this one. It shows up on lots of side hustle lists.
Yes, I made money BUT it was a huge waste of time.
Over the course of 1 year I made around $200.
Be careful with this one. It shows up on lots of side hustle lists.
Yes, I made money BUT it was a huge waste of time.
Over the course of 1 year I made around $200.
That translated to less than $10 dollars an hour.
Yes, they pay $10 for a 20 minutes testing session but their site was slow and I would only qualify for 1 in 20 tests each having a short survey before you could qualify to take the test.
Yes, they pay $10 for a 20 minutes testing session but their site was slow and I would only qualify for 1 in 20 tests each having a short survey before you could qualify to take the test.
To recap.
It would have been better to spend that time developing a high-income skill or buying an informed course that I could take action on than waste time and energy going alone.
It would have been better to spend that time developing a high-income skill or buying an informed course that I could take action on than waste time and energy going alone.
If you found value from this thread please share it.
If you want share a FAIL in the comments.
If you want share a FAIL in the comments.
