One bonus is that I got to learn about so many different industries, including for example hydroponics, which I would have probably never learned about had I not had to build WordPress site for the second largest (at the time) online hydroponics store. Another cool thing about building WordPress websites is that my clients then wanted to buy on-going website maintenance services from me. These services included things like keeping the website secure and uploading content. This is where the real gold was, especially from larger law firms. I was able to get some maintenance contracts at $1,000/month – which is a tiny expense for a big firm. Building WordPress websites really added up.
This product has really exploded onto the market over the last few years, and new kinds are coming out all the time. This is an item that is popular with a huge portion of the population. The branding you use will depend on whether you sell your own product or partner with a larger company. Regardless of your choice, you will need an appealing storefront, which Selz can help you achieve.
Hello and thank you for the great article. I have been reading where you can use side hustles to contribute to self-managed retirement plans (aka Self 401k). Many of these gigs seem cash based – anyone out there contributing to their own Self 401k/Sep/Easy accounts? If so, what documentation is required to support the connections between the side hustle and the contributions to the self managed retirement plan?
Obviously, everyone has different things going on in life, so if you’re in a season where you can’t focus on your side hustle, it may not be a good time to start one. You could wait to start one until a better time for you (although I recommend putting a date on the calendar for this if there’s ever going to be a chance you follow through). If you’re just “busy” in life but it’s a normal season, they just go for it and give yourself a set schedule of when you’ll work on it every day.
As for other tips, all I can say is “a penny saved is a penny earned”. If you are running out of ideas to make money, start saving. Some quick “low hanging fruit” tips to save some quick cash include – switch to MetroPCS or Boost for cellphone (I only pay $20/month), switch auto insurance to Insurance Panda ($25/month), and start using GasBuddy (saves me like $100/month at least. I drive a lot).