Making Money from Side Hustles with Nick Loper

Listen to this episode from All the Hacks: Money, Points & Life on Spotify. #11: Chief Side Hustler Nick Loper joins Chris to talk all about side hustles, including some easy ways to make extra cash, bigger opportunities to replace your job, making passive income and finding profitable business ideas.Nick Loper (@nloper) is founder of Side Hustle Nation, the host of the Side Hustle Show podcast. He has quite a few side hustles under his belt, including self publishing multiple books, flipping products on eBay and starting (and selling) his online businesses.Full show notes available at: https://www.allthehacks.com/side-hustles-nick-loper Partner DealsFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/dealsResources MentionedConnect with Nick Loper: LinkedIn | Twitter| YouTubeSide Hustle Nation: Website | Podcast | Facebook GroupMake money through market research: User Interviews | Respondent Grocery side hustles: Instacart Driving side hustles: Doordash | Uber Print on demand: Redbubble | Merch By AmazonWriting marketplaces: Medium | LinkedInMobile Notary Loan Signing Learn web design: CodeAcademy | Self Made Web DesignerFreelancing websites: UpWork | FiverrBecome a remote bookkeeperHow to become a Salesforce consultantHelp people with tasks: Taskrabbit | ThumbtackActive Campaign Demo Video How to Start a Pooper Scooper BusinessFinding ideas: Rip, Pivot, and Jam Method | Side Hustle Nation Ideas PageClipboard tools: Alfred | ClipX Turning a Service Business into Passive Income (motorcycle guy) Full Show Notes(00:18) Who Is Nick Loper?(01:02) How Did Nick Become the Side Hustle Guy?(02:16) What Is a Side Hustle?(03:46) Nick’s First Side Hustle(05:16) The First Few Years of Entrepreneurial Experimentation(06:10) Should You Start a Business Around Your Passion?(08:39) 5 Day $500 Challenge: 3 No Brainer Side Hustle Ideas(11:40) Metrics You Can Use to Compare Side Hustles(13:13) Side Hustles You Can Do in 15 Minute Blocks(15:23) If You Just Want to Do a One-Off Blog, Do This(16:08) Easily Sell T-Shirts and Stickers Online(19:15) 5 Skills You Can Learn Online to Increase Your Income(22:36) What Is the “Software with a Service” Side Hustle Model?(25:01) Marketplaces Where You Can Sell Your Services(27:22) If You Just Mastered a Skill or Found a Solution to a Problem, Do This(28:32) How Can You Monetize Your YouTube Channel?(29:10) Active vs. Passive Income Stream (An Example of How Someone Creatively Built Passive Income)(32:28) The Best Advice About Making Money Is This(33:21) How Nick Made $6000 Dollars in Just a Few Hours of Work (It Doesn’t Have to Go Viral to Make Money)(34:17) Should You Start With Easier Side Hustles or Should You Start With the Slow Route?(36:06) Advice to Everyone Starting a Podcast (Setting Quit Dates).(37:32) Before Committing to a Path, Look for This First(40:04) Finding Business Ideas: What Sucks Method(41:24) Finding Business Ideas: Rip, Pivot and Jam Method(43:10) Finding Business Ideas: Sniper Method (Niching Down)(45:40) Turning Your 9 to 5 Into a Side Hustle(47:18) How Does Nick Make a Living?(48:12) 3 Bonus Hacks(50:12) Think of Side Hustles as an Experiment. (Test, Test, Test) Connect with All the HacksAll the Hacks: Newsletter | Website | Membership | EmailChris Hutchins: Twitter | Instagram | Website | LinkedInEditor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices