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Is sidehustling worth it? 
Creating an expensive hobby is a common trap. Building a 2nd job is another.
Creating an expensive hobby is a common trap. Building a 2nd job is another.
You want your sidehustle to be an asset. Something that can scale â drive results when *you* arenât working.
Work * Asset = Output
Unfortunately the Asset factor can be negative. Your sidehustle turns into an expensive hobby.
Work * Asset = Output
Unfortunately the Asset factor can be negative. Your sidehustle turns into an expensive hobby.
My grandpaâs vineyard, for example, was a fantastic sidehustle. You put plants in the ground and that shit GROWS MONEY!
... except for all the back breaking hard work. Oops
... except for all the back breaking hard work. Oops
I ran some numbers for my own sidehustle â teaching engineers how to engineer better. *handwaves*
See, itâs poorly defined. Thatâs already bad
Made $54,000 in product sales last year. Not bad. But thatâs gross revenue.
See, itâs poorly defined. Thatâs already bad
Made $54,000 in product sales last year. Not bad. But thatâs gross revenue.
Net revenue is where things get weird.
$11,831 in software and services
$21,104 in hired help
$2,236 in ads
$19,369
$11,831 in software and services
$21,104 in hired help
$2,236 in ads
$19,369
Making $20k on top of your salary is no joke.
But at average 3h/day thatâs just $20/h. Youâre almost better off sidehustling as a Starbucks barista in SF.
HOWEVER: A barista sidehustle doesnât compound.
But at average 3h/day thatâs just $20/h. Youâre almost better off sidehustling as a Starbucks barista in SF.
HOWEVER: A barista sidehustle doesnât compound.
Youâre building assets. Not a job. Assets.
And if your sidehustle aligns with your main career, youâre golden. Keep going.
And if your sidehustle aligns with your main career, youâre golden. Keep going.
