What topics would be most helpful to you for a future video? Answer below! Learn how my videos outperform the UA-cam average by 124X at: www.williamlee.com/audience-accelerator
I think a large one would be how to secure funding when you're sorta... living paycheck to paycheck, or worse than paycheck to paycheck. Example: I have the prototype and concrete solutions, but to bring it to even a market of one person, I'm going to need resources I just don't have. What channels do I go through? what are the risks of companies who might "take a chance" on people with low credit scores or lack of initial investment funds? for more advanced or technical sourcing needs, how do you even source the parts or talent at all for an initial run? examples: I can identify no less than three products that would be quite useful, one that would benefit apartment owners (and it doesn't exist in the market), and two that would be a benefit for both smart home ecosystems and people with special needs. The first is a simple construction but requires industrial tools I don't have, and the others have a solid design, but require programming skills I don't have, plus a lot of specialized parts. Anything that goes into the weeds for the "I have a design but I can barely pay rent" crowd would be nice.
On a very similar note, I find myself endlessly frustrated by my inability to connect with sources of funding for an “extreme high tech” product that needs development work. Here’s the chicken-n-egg dilemma: suppose someone has, say, a radically different idea for how to build AI systems, but to even get to the proof of concept they need enough funding to pay for a couple of people to work for a couple of years. From an investor’s point of view, this is the classic example of “You don’t have a business! You have a research project! I don’t fund research projects!” Point taken. But there *are* people who would take chance on the chicken-feed funding needed … IF they only had a way to filter the technically valid stuff from the zillion tons of charlatans and crackpots. It is very depressing to catch glimpses of VCs funding technically idiotic ideas that I absolutely know are doomed, because they have somehow been taken in by (what?) someone’s persuasive charisma. And on the other hand, there is absolutely nothing that someone with a valid concept (e.g. me, I claim) can do to get their voice heard.
@@richard_loosemore Yeah, that's a challenging situation. VCs don't generally fund that stuff because it's before the stage where they are allowed (by their investment contract with their investors) to get involved. That situation is probably more often tackled in a university setting or by someone fortunate enough to have wealthy connections who believe in them and are willing to fund the initial work. I'll give it some thought. Thanks for the suggestion!
Problem with all of the business success stories is that it is a survivorship bias. You never hear about failure stories and never learn what not to do and what pitfalls to avoid, which is valuable information.
Which is why all the advice you get from successful people means nothing. They think they just "worked hard" but its mostly luck. But nobody wants to admit that.
@@frstchan and many of them have wealthy families and lucrative careers they could fall back on. Very few had their backs to the wall financially with nowhere else to turn if their venture fails.
Remember kids... the Government will take care of you... just do drugs now, fry your brain, and live in a homeless encampment... Uncle Sam will ensure you live well on Welfare. Drop out of school NOW!
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I identified a problem and it is as follows. Starting business in my country is fucked up because I need to pay about 300usd per month just to exist as a company even wif I have no income.
Not only that but he doesn't explain that starting a business costs money to begin with. Usually it involves taking out a loan with risks. These happy stories work for a few people.
Totally agree. Side hustles that have the opportunity to grow into something bigger are good. Side hustles that will only ever be small are the ones I'm suggesting you should avoid if you want to get rich.
@@TheBestWill Right. The key to understanding if side hustle is good is ‘scalability’. If it’s scalable with more investments, if it’s possible to replace yourself with hired personnel, then it’s good to go. It’s better if it offers a product rather than service, because products production by their nature is scalable.
I hadn't considered this. I'm an American living in Asia, and I do a side-hustle teaching business English. This has me in frequent, personal contact with CEOs, Presidents and VPs, sometimes of companies as large as LG and Samsung. A solid hour of their focused, interested attention. I don't know how I can leverage that, but I recognize that it is a position a lot of people would do just about anything to be in. I just need to figure out how to make it work for me.
@@huntercoleherr I don't think you can leverage that because that's you trading your time for money. The only thing I can think of is turn it into a product like training videos for UA-cam videos and sell the online service. Or at least skill it up by filling up a whole convention center like a TED talk so you get more customers at once
I quit my job last year after 4 years of side hustle, within 5 months I started making 3x of my salary, now I work 2-3 hours max daily and enjoy my life 😊
You can really see how simple yet effective his content in this video is. It’s like; he doesnt bombard you with music, pictures etc. while talking, therefore provides even more valuable (and practical) information. EXACTLY what I need. Great vid.
The thing is that all this info (in the video) I’m already aware of. The reason why I would watch business ideas is for ways to actually make a business and not just the theory of how to build it. This is such basic info that it literally doesn’t help anyone (unless your so uneducated to not have known or self realized these basic steps) what’s needed is a video on actually starting a business once you have the idea and perhaps a video on giving ideas or helping one think of ideas. Say once you have a idea now how do you actually make the product or get funding or sell it to the public etc. there is endless info on making a business that makes people procrastinate. I would assume that most people have gone through the first steps of finding a idea and a solution multiple times in their life’s but gave up cuz they just don’t know how to continue
i love how you dont play any music or anything distracting, and you get straight to the point and its very effective. learned a lot more from you than half the other youtubers. you're doing great work.
Finally someone said it! You make money by main hustle not side hustle. Find one thing you want to do and do it for the rich people not for the poor people.
At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.
As I stated, I've been putting aside money into stocks and FX with the assistance of a pro financial analyst, Herman w Jonas, who is under a licensed broker. He has been the backbone of my portfolio. Making a substantial amount of profit, I just renew my investment at intervals.
Do not forget that when it comes to the stock market, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence.
@Allandexx How can I reach him, please? I've seen good recommendations of his work elsewhere. I need help with investing. I'm ready to pay for his services.
I appreciate the feedback. I reached out to him via the mail you provided and we talked at length. I found him to be verified. I’m glad that I signed up and I've begun my journey with him. Thanks again.
I started a window washing business. When i went in a store i said " I've started a window washing business. I see your windows are dirty so i came in to offer you my service" i told them they have a problem and it shocked them into hiring me.
This is great stuff. While everyone else is out there making "business" videos just in order to sell their useless $1995 dropshipping courses, you are out there providing real actual value. Thank you!
You know Mr Lee I clicked on this video by coincidence... But this was the best coincidence I've encountered on UA-cam... You provide informative precise content in just 15 min... Really thank you
I’m on my lunch break, and was about to go down the “what side hustle” rabbit hole. You were on top of my recommended, I’m only 2 minutes in. But you make this feel so much more personable and valuable. I’m already hooked. Thank you.
I love the idea of starting a business instead of creating a side hustle but the problem is that with some of the finished products, if you don't have enough money then you remain a dreamer. And sometimes problems that give you the highest motivation turn to fall under that category. A video on how to finance one's business as a starter (focusing on finished products) will be highly appreciated
My dad worked as a gardener earning $13/hr for a company 12 years ago. He would 'side hustle' after work and get his own clients. He now converted his ''side hustle" into a company making nearly $700k of annual revenue (this is as far as I know, I stopped keeping track, he must be making over $1M now). Not bad for someone who never went to school. Fact of the matter is that it took years for him to grow his business. But folks can keep watching these get rich quick videos.
I retired and started investing in the stock market because of dividends. What matters, in my opinion, is that if you invest and earn more money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today and will continue to do so until the price lowers even further.
It's always inspiring to hear from a veteran investor who has weathered the storm and come out on top. When your portfolio turns from green to red, it might be unsettling, but if you have invested in great companies, you should just keep adding to them and stick with your plan.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one get in touch with these coach? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances
I am retired and have a small UA-cam channel that helps supplement my Social Security. It has been challenging to increase my income. The last few days I've been thinking seriously about starting a side hustle I used to do years ago. It would take more time than I probably realize. Then this morning I saw your video. You saved me a lot of time. I want to commend you on your communication skills. Your video does not waste viewers time and you present your information clearly, logically and persuasively. Your presentation skills remind me of Brian Tracy who is one of the best self-help authors and speakers I know of. I subscribed and I'm going to go look at some of your other videos. Thanks again.
Thank you, I'm honored by the comparison to Brian Tracy! Your channel looks great! I'm impressed by what you've put together. The video about the Crossman pistol kind of tickled me because I have the same one myself. When I watched it, I thought this is genius... it has such huge appeal, and I never would have thought to do a video like that. Re. doing a side hustle vs. something more substantial, you may have other ideas, but you already have a pretty strong start on UA-cam, so I wonder if you could build off of that base. Anyway, good luck, and thanks for the kind words of encouragement.
@@TheBestWill , thank you so much for taking the time to reply. I have not given up my hopes for increasing my UA-cam income, but my channel is a variety channel and it's difficult for UA-cam to know who to recommend my videos to and my subscribers rarely stick around if they see new videos I have made unrelated to their interests. On the other hand, it's hard for me to get burned out making videos about things that interest me. Also, UA-cam keeps changing. A perfect example is the Crossman video you mentioned. When that video received 1 million views UA-cam sent me a congratulatory email. A month later they demonetized that video. I could never get them to tell me why. Prior to that email. I seriously considered refocusing my entire channel on BB and pellet guns. That would've been a terrible decision. UA-cam has made it very hard for people with gun or weapon channels, even BB guns. Heck, they tried to shut down the slingshot channel. Thanks again for the kind words about my channel. I think your channel is going to continue to grow. You have excellent communication skills and when you present your material. I get the strong impression that you're talking about something you know from experience and it's not something you just read about in a book or you are regurgitating something chat GPT wrote for you like I am seeing more and more of. Good luck to both of us.
Identify the problem, solve it, get paid for it, refine and repeat. Dude, without you I would have never found this detailed explaination. I bought countless courses, but now, with your help, I finally see the light. /s
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.
The stock market rally run is gone, but I'm not sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $300k reserve.
Making touch with financial advisors like Kimberly Kent who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
I stopped trying to predict market outcomes based on chart studying after 4 years of uncertainty. Not having a mentor caused me 4 years of pain. I learned to follow the market's direction and keep it simple with discipline.
@@genx7006 nah all it will do at this moment in time is save software engineers a little bit of time and effort non programmers can't write software with just chat gpt
Good video with honest advice! More to satisfy the entrepreneurial spirit but again that’s essentially what a side hustler hopes for…Finding a need and fulfilling that need is good’old wholesome advice.
I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.
Your channel is a breath of fresh air in this Guru infested, Get Rich, Buy from Affiliate Links, UA-cam space. This video is literally the 'Give a man a fish...Teach him how to fish' video for starting a realistic business.
Such good advice. Years ago, a friend of mine opened a sports shop that catered for all sorts of sports. They sold training shoes, clothing, equipment and lots of other stuff. Based in the UK, they were in direct competition with two huge sports retailers and they were losing money all over the place. At the end of year one, they pumped a load of cash into the business, but the second year was worst than the first. After four years of throwing good money after bad, they were very close to bailing out. Long story short, my friend discovered a lightweight running shoe designed for marathon runners...that nobody was selling in the UK. The shop was quickly refurbished and a website was added. Online sales took off, while street trade increased dramatically. The business is thriving to this day and all because my friend discovered a deeper rooted niche.
Patricia's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery
If it were this easy everyone would do it. The problem you must identify first but you also have to have the specific talent and experience to fulfill that need.
Instant sub. I’m so tired of these greedy people with their clickbait and “ill tell you my secret in a minute” just to not tell you anything helpful. Thank you for your honesty!
The rich are money-minded; that's a lesson I've grasped from the very beginning. My desire to build wealth has always been strong. I’ve set aside $160K since 2020, and I’m eager to invest it in the stock market to grow my financial future. I’d love to hear any recommendations you have.
I think the safest strategy is to diversify investments. But if you need proper advice, consider speaking with a financial expertise. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
I agree with most of this video. I will say side hustles (as long as they are something you enjoy or are hands off) are very worth it. I started a side hustle 11 years ago which is now my full time gig and I make more money at it then I ever did at my day job. I'm not going to tell people that because it worked for me (only took 6-7 years of working both a day job and my side hustle)that it'll work for them but I think side hustles keep you busy. If you go to your 8-5 job come home and hate life... start a side hustle. it might be what keeps you happy.
Well, I started a side hustle and I'm doing well. I took the savings I had for the family that never happened and bought 2 sailboats, a small old one to live on (yearly cost of living $3500) and a luxury yacht to do charter on. I worked 6 months and took a loan on that boat, bought another and hired crews and a guy to run the business for me while I sail and fish, I have to many fishes to catch, don't have time for work. 13 years later I have 5 boat's (including my own) I own almost 70 vacation homes in Portugal and Spain and I'm still sailing and fishing! 👍🎣⛵
@@notimportant8643 Well it is, if you have something valuable, you can loan money on that to make more value. I never take out more than $3500 a year, I really don't need more. The rest goes to invest in making more money and welfare, my companies defray many orphanages and prolife activities.
My side hustle has saved my family while my husband was in school. He's going to be done soon and I will go to school after him. Without my side hustle we'd be in a very deep hole. I think it's a great "patch" or short term solution in this situation.
Trying to find that perfect idea leads to overthinking, overthinking leads to inaction (analysis paralysis). And that is why I don't fundamentally agree with this viewpoint. The best thing as an entrepreneur is to just start doing something, don't overthink it. That might be a side hustle, it might be a niche, but it doesn't have to be perfect. These side hustles could lead you to the next idea that will make the big bucks, or it might grow into something huge. Starting small is a great way to reduce financial risk and get ones feet wet, and build experience that will be needed later.
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
I thought about investing in the financial market, I heard that people make millions if they know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
The best course of action if you lack market knowledge is to ask a consultant or invest-ing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Do a side hustle if you like it, though. I work full time as an engineer, but I also have a business making wedding films on the side and I can essentially double my income during the busy wedding season. I also take random jobs from time to time for photography or video. I don't really do it for the extra money, though. I do it because I love photography and filmmaking.
That's fantastic! I agree, lots of reasons to do a side hustle but also NOT to do a side hustle. If you enjoy doing it and don't really have income as your driving reason, then even better because you get paid to do something you enjoy.
As someone who turned to many side hustle untill one blew up, cant agree with this video 100%. Stopping side hustle is not the way, pick side hustle carefully, dont give up, and most importantly when someone tells you how to get rich in 4 steps, just know that person is just trying to make some money like yourself by telling things you already know, its the application that matters..
This video was like a slap for me to wake up after researching for weeks and months! Thanks for the value that you shared mr William! New subscriber from Sweden!
Wasn't too easy the way they showed you how to make money? Like, just do this and you get insta-millionaire if it was that easy, why are you telling to millions to do that?
“Business does not need to be complicated.” Thank you so much for this video. I have experience with lead generation and how to help businesses with this issue but I have felt like I don’t know enough to start a marketing agency as I have only been doing it for a year. I suppose it’s better to get started and learn as I go. Thank you so much for this video
Hi - Sorry for the late reply. I'd re-frame it in your mind. "Starting a marketing agency" sure sounds big and intimidating, but getting 1 client and helping them does not. So instead of framing it as starting an agency, thin k of it as getting 1 client and thrilling them with your work, then get another client and do the same, then get another one. Bit by bit you add clients, and you will certainly learn as you go. At some point it might make sense for you to bring on someone to support your growing roster of clients. Guess what... over time, you've built an agency.
This is great, I’ve been looking into dropshipping, flipping stuff, just side things that aren’t real business. This helped me realize I just need to start something legit that I care about
Side hustles can also bring in a lot of money. I agree with some of this but I know many ppl that do well from side hustles. They can also turn into a business. Even some UA-camrs are making alot of money with this being a side hustle so I don’t completely agree with that.
Started a few side hustle. Realized i wasnt making that much money compared to my day job as a consultant. I was getting burned out, effort in my main job was getting lesser, got on the radar of management. Its okay to try and experience but then i decided to switch my focus back to my day job. Improved my efficiency, did well, got promoted, got increment, become somewhat of a manager with more time available to do other stuff(like planning, etc) Would say dont do side hustle if your main job is paying darn well and you have alot of stuff to learn and grow but sometimes its okay to try a little bit though
I agree with this. After 20 years of friends and family doing 'side hustles' I have never seen anyone make any significant money and most would agree what they did was create the worlds lowest-paying 'per hour spent' jobs in their lifetimes. From 'Avon' to website designs or doing vlogs after work etc. People think this sounds weird but 100% seriously: most would now agree IF they spent the same time working at a fast food restaurant they'd actually make more money that way.
I don't think so. I basically knows some of people that do the side hustle until they changed their life and be popular. One of them was a low jobless man from a small village. He create contents for youtube from like 2 years ago. And now his life completely changed because now he is well known. People want to pay just to ask him to make a review. He afford to buy new car, get married and buying new houses. He become millionnaire in a short time and produce his own film on UA-cam . Even only from the UA-cam, he got about 400k USD by selling ticket for those who want to watch the movie. Many more people like him become successful. Even my brother buy a house last year just because of his side hustle, not from the salary of his main job.
@@LassieAkasia The problem with your story is that youtube breakthrough stars like that are something like movie stars or NBA drafts - its 1-in-a-million. and almost zero people will ever make this half a million dollars but Jake Paul and 12 others
Exactly this! At this point just enjoy that time in your hobbies instead... Like play some video games, watch a movie. No shame in enjoying your free time, or go fully into a second job that actually pays you a livable wage... life can be wasted on those side hustles and you can actually earn close to no real money from them sometimes .-.
Hi William I just wanted to say thank you for this invaluable video. I am a professional mother with four children, and have a very stressful job in social work. The pay is not good compared to the level of stress involved as i'm based in the UK. Health concerns are beginning to start. I, too, felt very overwhelmed watching "side hustle" videos for months without the energy to do anything. BUT there is one business idea that I had and it certainly is a solution for women and fashion, huge problem in the UK and I believe I have the answer. For me, I guess it's fear holding me back to actually start. However, your videos have helped me to consider taking the next steps forward as i really need to leave the job that causes me lots of stress. Subscribed and hit the like button
Thank you, Belinda! I really hope you give it a try! You don't want to look back later and wish you had given it a shot. And if it works out, it could change everything for you! Start with some market research... maybe ask people in Facebook groups (or wherever potential customers might be found) if they experience the problem, and would they pay for a solution (tell them your solution for them to react to). If they say yes, ask them if they would pay X... whatever you think a reasonable price is. This will help validate. Ask a lot of people, so you have a shot at finding out if some are interested. You only need a small % of people to be willing to buy it for it to be a viable business. Good luck!
I would also suggest. As a mother get help. Don't Carey all the burdens of motherhood. If you can get a babysitter in the home to help you manage do it. Don't do it solo and heavy!!! Do it with help ❤
@@CassieDavis613depends how you say it, you could say it like: what if someone made a ... , on which ppl would copy it or say it like: girls don't you think that ...
I have been looking for my niche and I was completely overwhelmed until I viewed your video. This was a lesson that was taught to me at a young age that I completely had forgotten about. Thank you.
I sometimes use my ETFs to buy dividend and growth stocks for diversification instead of reinvesting in the same place. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
The current market might create short-term opportunities to maximize profit, but in order to execute such strategy , you must be a skilled practitioner
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting.
Margaret Johnson Arndt”is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
People seem to firget to nebtuon the dark side of side hustles. You'll literally wont have time for yourself (if the side hustle picks up) Also for every business some networking WILL be needed! The problem ive always have had is side businesses dont pay enough and it will affect your "regular" day job in time. Ive been fortunate that ive had people take over some of my side hustles because they can become demanding DEPENDING on the business. I personally build side hustles that 1. I can scale with minimal efforts 2. They eventually have the possibility to make passive income! Knowing the business is important because only the person knows if its a "passive" businesses OR active businesses
Stumbled across your videos and things are much clearer for me now. So many doubts entering my head when I see people "making £100k a week on selling notebooks or some over product, through their top secret method that big brands don't want you to know about".
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
Finally some REAL entrepreneur advice!! Thank you so much as a person who has been down that rabbit hole of “side hustles” on UA-cam and this is some of the only advice that I’ve heard that is actually actionable. Again thank you!!!
You have some good points, but starting a business for me was exponentially harder than working a bit for someone else and not having to think that much about it. They tell you what to do, you do it, they give you money and you go home. With a business, you never get to stop. From when you wake up to when you go to sleep-you are stressed trying to keep it all together and you don’t get to have that distinction between work and rest. Good luck to you all, may you find the right solution.
actually it just seems that way but just like you do with normal work, you build a schedule, work time is when you think about work, the rest of the day is yours, most of the struggle is at the beginning but later on it's much more comfortable, with less work hours and more income than standard jobs if you wanted, unless you felt like growing more
You're right. I started a business because I was tired of the 9 to 5 grind. Now instead of going home and not worrying about work at the end of the day, I worry 24/7. But the pay off is if I need to go to an appointment or rake the leaves or get an oil change, I don't have to ask my boss. I can do that in the middle of the day and enjoy the sunshine. I also am a full-time caretaker for my mom, and it's a blessing that I have the time to do that. So either way you look at it, I guess there are positives and negatives to each side.
You know, I've never thought about keeping a list of problems I encounter in life. I'm not looking to become a hypersuccessful empire mogul, all I've ever wanted was just to run some sort of operation out of my back yard so I can work for myself and to satisfy the needs of humanity. Right off the bat, you've changed my way of thinking and how I'm going to approach things. Subscribed.
The best comes unexpected and this is *VRI TOKEN* which is completely changing the course of the game here. They are offering a product which makes sense and will be used in far more ways than just hoping for quick rich stuff. This is how it should be and how it will be in the future and it is a big leap forward to making this whole industry somewhat believable
this is an amazing video for those who have been procrastinating on starting a business but for those who dont care to, side hustles are fine in my opinion provided that there's a healthy overall work life balance
I wish I had a father or mentor who opened up my understanding to all of this when I was young. So much fear, procrastination, and indecision would have been avoided. Now, in this era of UA-cam, there is seriously no excuse. If you can break free from self-pity, you have everything available at your fingertips for you to succeed.
This is the most honest and clear business advice I have heard in a long time. No hypetastic buzz words and nonsense. I think that the reality is everyone wants to get rich quick and so it's intellectually easier to just buy someone's success in a course or method. The issue is that business is a lot more complex than this. Solving problems means you are also in competition with others wanting to solve problems. It's a challenge to find blue oceans when the easiest win seems to be to jump in the red ocean with tried and true methods. The blue ocean actually means you are out there alone paddling and trying to get attention to your life raft with a new idea. I like the more iterative approach he talks about where you are more the observer on the shoreline riding a few waves of new ideas/products/MVPs. Eventually you learn more about the waves and which ones are worth surfing or not.
You will notice that none of the “successful” people on UA-cam ever started by saying, “I bought a course…” - nobody rich, gets rich from buying some sleezy course.
It takes money to get money, starting with a realistic side hustle can give you the leverage you need to boost your business and you can get some experience by understanding what other people want
I stumbled upon this video, I'm trying to build up two complimentary businesses, a tee shirt company and an events company and this is so encouraging! thank you!
Side hustle: You need the money right now, or you get kicked out of your rental unit, and lose your car because you're behind payments. Starting a solution: you're comfortable with losing money at first but you have a solid path to revenue and profit after a certain amount of time. You may not have pressing bills to worry about, maybe you own your home and car outright. So, people like me can't spend any time thinking about a long term idea when the brain is distracted with pressing matters that block any sort of creativity. Some make it, some don't.
You are absolutely right ! I had no rent ,carnote, debt or kids when I started my business 11 years ago . You definitely can't be weighed down to start.
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
You can never have too many talents or hobbies. My day to day job is a mechanic for a municipality. Coming from an agriculture background I still find myself working with livestock and also repairing people's vehicles in my spare time.
Businesses almost always start out as a "side hustle". Most people I know who just started selling random stuff online eventually made a very profitable business out of it.
I agree, start your "real business" on the side, and if it works, then grow it. For those who want to get rich, I'm advising against the "easy money" side hustles that a lot of UA-cam videos talk about.
@@TheBestWill I don't really understand what you mean by "easy money". Is running a dehydrator, putting food in bags, and having the UPS man pick it up and ship it out "easy money"? What about those who just ship from China directly to Amazon FBA? Those are most of the videos I see on the topic. For every person who is actually putting in effort to create novel solutions to our problems, someone is making 100x more than them for doing nothing of relative value. The key to making money is to convince others to do your work for you, not to come up with solutions yourself.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with?
Linda Aretha Reeves is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Taking early notes as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
Sharon Ann Meny is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
And, side hustles in Portland are a hazmat job. It’s over for now until the city begins to relative liberalism is not allowing shot all over the waterfronts and downtown. That’s simply neglect hate and laziness with malice and Compton all hiding behind a symbolic liberal flag…all bullshit.
Thank you! Glad someone sees thru the nonsense of these endless fruitless side hustles. As someone who did actual side hustles that could’ve got me locked up I find the whole terminology of hustle culture and side hustles to be quite laughable. It’s just extra work. Only way to make it is thru making a decent buck while you’re working and as you said finding a need to fill thru your passion and making that your focus. My favorite part of these side hustle videos is how wrong their math is on the money guy can make from these things and when you call the content creator out on it they say oh my bad on the numbers. Seen it so many times I’m starting to think there’s an organized and concerted effort to promote this toxic hustle culture on social media
What topics would be most helpful to you for a future video? Answer below!
Learn how my videos outperform the UA-cam average by 124X at: www.williamlee.com/audience-accelerator
I think a large one would be how to secure funding when you're sorta... living paycheck to paycheck, or worse than paycheck to paycheck. Example: I have the prototype and concrete solutions, but to bring it to even a market of one person, I'm going to need resources I just don't have. What channels do I go through? what are the risks of companies who might "take a chance" on people with low credit scores or lack of initial investment funds? for more advanced or technical sourcing needs, how do you even source the parts or talent at all for an initial run?
examples: I can identify no less than three products that would be quite useful, one that would benefit apartment owners (and it doesn't exist in the market), and two that would be a benefit for both smart home ecosystems and people with special needs. The first is a simple construction but requires industrial tools I don't have, and the others have a solid design, but require programming skills I don't have, plus a lot of specialized parts. Anything that goes into the weeds for the "I have a design but I can barely pay rent" crowd would be nice.
@@basilmemories Very interesting idea! I'll think about that one. Thanks!
How to improve on a good but difficult business.
On a very similar note, I find myself endlessly frustrated by my inability to connect with sources of funding for an “extreme high tech” product that needs development work. Here’s the chicken-n-egg dilemma: suppose someone has, say, a radically different idea for how to build AI systems, but to even get to the proof of concept they need enough funding to pay for a couple of people to work for a couple of years. From an investor’s point of view, this is the classic example of “You don’t have a business! You have a research project! I don’t fund research projects!”
Point taken. But there *are* people who would take chance on the chicken-feed funding needed … IF they only had a way to filter the technically valid stuff from the zillion tons of charlatans and crackpots.
It is very depressing to catch glimpses of VCs funding technically idiotic ideas that I absolutely know are doomed, because they have somehow been taken in by (what?) someone’s persuasive charisma. And on the other hand, there is absolutely nothing that someone with a valid concept (e.g. me, I claim) can do to get their voice heard.
@@richard_loosemore Yeah, that's a challenging situation. VCs don't generally fund that stuff because it's before the stage where they are allowed (by their investment contract with their investors) to get involved. That situation is probably more often tackled in a university setting or by someone fortunate enough to have wealthy connections who believe in them and are willing to fund the initial work. I'll give it some thought. Thanks for the suggestion!
EVERY FAMILY HAS SOMEONE WHO BREAKS THE CHAIN OF POVERTY IN THAT FAMILY,I PRAY YOU BE THE ONE
How do you know you have escaped?
When you're rich you'll notice
I'm trying man, it's hard
EVERY THREAD HAS SOME RANDO COMMENTS IN ALL CAPS
@@JeanLucWilliamsjust don't quit
Problem with all of the business success stories is that it is a survivorship bias. You never hear about failure stories and never learn what not to do and what pitfalls to avoid, which is valuable information.
Look up Successful Contractor for some authentic failures and recovery stories.
Which is why all the advice you get from successful people means nothing. They think they just "worked hard" but its mostly luck. But nobody wants to admit that.
@@frstchan and many of them have wealthy families and lucrative careers they could fall back on. Very few had their backs to the wall financially with nowhere else to turn if their venture fails.
@@chadwickerman who are you talking about?
@@chadwickerman A huge majority of millionaires are self made
Finally, a UA-camr that doesn’t want to scam us.
That’s because their scams are their business service or product. 😢
No scam, he’s just secretly trying to sell us tea.
Remember kids: Don't drop out of school to figure out a profitable business idea. Drop out of school because you *have* a profitable business
Remember kids... the Government will take care of you... just do drugs now, fry your brain, and live in a homeless encampment... Uncle Sam will ensure you live well on Welfare. Drop out of school NOW!
Or even better don't drop out of school at all, you can just start business after school
Can always go back to school
@@lavolper1608thank you. People going crazy dropping out of school
@TotallyEpicCityya God forbid somebody take the time to figure out what they want out of life before finishing a degree they might never need
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
Could you possibly recommend a CFA you've consulted with?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Start a Business, not a side hustle
1. Identify a problem
2. Solve the problem
3. Get Paid
4. Refine and Repeat
Exactly - the idea really is that simple! But watch the video through to hear it explained and get some great examples to bring it to life.
EXACTLY! ❤
@@moneydiary what's your Instagram btw?
Need to know more about the topic
0. Create the problem ;)
@@Marshallchandra The problem: There isn't a problem. The solution: Create the problem.
I identified a problem and it is as follows. Starting business in my country is fucked up because I need to pay about 300usd per month just to exist as a company even wif I have no income.
Not only that but he doesn't explain that starting a business costs money to begin with. Usually it involves taking out a loan with risks. These happy stories work for a few people.
So true. Side hustles may steal your time and focus. But from other side - they may open a path to something new
Totally agree. Side hustles that have the opportunity to grow into something bigger are good. Side hustles that will only ever be small are the ones I'm suggesting you should avoid if you want to get rich.
@@TheBestWill Right. The key to understanding if side hustle is good is ‘scalability’. If it’s scalable with more investments, if it’s possible to replace yourself with hired personnel, then it’s good to go. It’s better if it offers a product rather than service, because products production by their nature is scalable.
i have so much free time where im not working. I might as well use my time for something productive and make some money on the side.
I hadn't considered this. I'm an American living in Asia, and I do a side-hustle teaching business English. This has me in frequent, personal contact with CEOs, Presidents and VPs, sometimes of companies as large as LG and Samsung. A solid hour of their focused, interested attention.
I don't know how I can leverage that, but I recognize that it is a position a lot of people would do just about anything to be in. I just need to figure out how to make it work for me.
@@huntercoleherr I don't think you can leverage that because that's you trading your time for money. The only thing I can think of is turn it into a product like training videos for UA-cam videos and sell the online service. Or at least skill it up by filling up a whole convention center like a TED talk so you get more customers at once
I quit my job last year after 4 years of side hustle, within 5 months I started making 3x of my salary, now I work 2-3 hours max daily and enjoy my life 😊
Someone who did the MBA, then went beyond that.
Excellent William, you are a star. Thanks. Cheers
Thank you kindly!
You can really see how simple yet effective his content in this video is. It’s like; he doesnt bombard you with music, pictures etc. while talking, therefore provides even more valuable (and practical) information.
EXACTLY what I need. Great vid.
Thank you so much! Very kind, and much appreciated.
I agree 100%. Simple and straightforward
Agreed
Yes that was pretty refreshing, just letting the knowledge and wisdom speak for itself.
The thing is that all this info (in the video) I’m already aware of. The reason why I would watch business ideas is for ways to actually make a business and not just the theory of how to build it. This is such basic info that it literally doesn’t help anyone (unless your so uneducated to not have known or self realized these basic steps) what’s needed is a video on actually starting a business once you have the idea and perhaps a video on giving ideas or helping one think of ideas. Say once you have a idea now how do you actually make the product or get funding or sell it to the public etc. there is endless info on making a business that makes people procrastinate. I would assume that most people have gone through the first steps of finding a idea and a solution multiple times in their life’s but gave up cuz they just don’t know how to continue
i love how you dont play any music or anything distracting, and you get straight to the point and its very effective. learned a lot more from you than half the other youtubers. you're doing great work.
Thanks, Michael! I appreciate your feedback.
Yes, it's perfect!
Yes 🥰 totally perfect
I really love that he does not promote any of his course in the video.. Just explain simple and straightforward methods in building a business.
even if he did what's wrong with taking a short moment to do that? its his video haha
Finally someone said it! You make money by main hustle not side hustle.
Find one thing you want to do and do it for the rich people not for the poor people.
At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.
As I stated, I've been putting aside money into stocks and FX with the assistance of a pro financial analyst, Herman w Jonas, who is under a licensed broker. He has been the backbone of my portfolio. Making a substantial amount of profit, I just renew my investment at intervals.
Do not forget that when it comes to the stock market, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence.
@Allandexx How can I reach him, please? I've seen good recommendations of his work elsewhere. I need help with investing. I'm ready to pay for his services.
I appreciate the feedback. I reached out to him via the mail you provided and we talked at length. I found him to be verified. I’m glad that I signed up and I've begun my journey with him. Thanks again.
@@Carpenglerrrspam
I started a window washing business. When i went in a store i said " I've started a window washing business. I see your windows are dirty so i came in to offer you my service" i told them they have a problem and it shocked them into hiring me.
This is great stuff. While everyone else is out there making "business" videos just in order to sell their useless $1995 dropshipping courses, you are out there providing real actual value. Thank you!
Thanks, much appreciated!
I've been stuck on Step 1 for 20 years. In my experience there are far more solutions than problems.
Just do what the government does. Create the problem.
Cancer cure for example
@@Rodrigo-tb6knthats largely because cancer is extremely profitable. Why would big pharma get rid of their biggest lead generator?
@@deadhouse3889😂😂 That's what I was going to say
Yeah am in that phase too
My side hustle is getting paid to tell people how to start side hustles.
😂
😂😢😮😅
That’s so smart lol
"What they sell doesn't work, but selling it does". - MJ DeMarco
That's definitely a hustle lol
I think I've learned more on business with this one video than in 2 years of watching business videos
You know Mr Lee I clicked on this video by coincidence... But this was the best coincidence I've encountered on UA-cam... You provide informative precise content in just 15 min... Really thank you
Thank you! I'm humbled. Very kind.
I’m on my lunch break, and was about to go down the “what side hustle” rabbit hole. You were on top of my recommended, I’m only 2 minutes in. But you make this feel so much more personable and valuable. I’m already hooked. Thank you.
I love the idea of starting a business instead of creating a side hustle but the problem is that with some of the finished products, if you don't have enough money then you remain a dreamer. And sometimes problems that give you the highest motivation turn to fall under that category.
A video on how to finance one's business as a starter (focusing on finished products) will be highly appreciated
My dad worked as a gardener earning $13/hr for a company 12 years ago. He would 'side hustle' after work and get his own clients. He now converted his ''side hustle" into a company making nearly $700k of annual revenue (this is as far as I know, I stopped keeping track, he must be making over $1M now). Not bad for someone who never went to school. Fact of the matter is that it took years for him to grow his business. But folks can keep watching these get rich quick videos.
I retired and started investing in the stock market because of dividends. What matters, in my opinion, is that if you invest and earn more money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can pass that on to your children, giving them a head start in life. I've invested over $600k in dividend stocks over the years; I continue to buy more today and will continue to do so until the price lowers even further.
It's always inspiring to hear from a veteran investor who has weathered the storm and come out on top. When your portfolio turns from green to red, it might be unsettling, but if you have invested in great companies, you should just keep adding to them and stick with your plan.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one get in touch with these coach? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances
@strategisteleanor
THAT IS HER USER NAME
I agree. I have built a multi million dollar business and it took day and night
My side hustle has been a hobby that’s related to my career. It became a business and changed my life.
That was never the side hustle, rather the MVP
@@fatee5069 Huh? Still is the side hustle.
What is it ?
What is it ?
@@christianrowbotham7386masturbating
"Procrastination is negative momentum". Brilliant.
Thanks!
I am retired and have a small UA-cam channel that helps supplement my Social Security. It has been challenging to increase my income. The last few days I've been thinking seriously about starting a side hustle I used to do years ago. It would take more time than I probably realize.
Then this morning I saw your video. You saved me a lot of time.
I want to commend you on your communication skills. Your video does not waste viewers time and you present your information clearly, logically and persuasively.
Your presentation skills remind me of Brian Tracy who is one of the best self-help authors and speakers I know of.
I subscribed and I'm going to go look at some of your other videos. Thanks again.
Thank you, I'm honored by the comparison to Brian Tracy!
Your channel looks great! I'm impressed by what you've put together. The video about the Crossman pistol kind of tickled me because I have the same one myself. When I watched it, I thought this is genius... it has such huge appeal, and I never would have thought to do a video like that.
Re. doing a side hustle vs. something more substantial, you may have other ideas, but you already have a pretty strong start on UA-cam, so I wonder if you could build off of that base. Anyway, good luck, and thanks for the kind words of encouragement.
@@TheBestWill , thank you so much for taking the time to reply. I have not given up my hopes for increasing my UA-cam income, but my channel is a variety channel and it's difficult for UA-cam to know who to recommend my videos to and my subscribers rarely stick around if they see new videos I have made unrelated to their interests. On the other hand, it's hard for me to get burned out making videos about things that interest me.
Also, UA-cam keeps changing. A perfect example is the Crossman video you mentioned. When that video received 1 million views UA-cam sent me a congratulatory email. A month later they demonetized that video. I could never get them to tell me why. Prior to that email. I seriously considered refocusing my entire channel on BB and pellet guns. That would've been a terrible decision. UA-cam has made it very hard for people with gun or weapon channels, even BB guns. Heck, they tried to shut down the slingshot channel.
Thanks again for the kind words about my channel. I think your channel is going to continue to grow. You have excellent communication skills and when you present your material. I get the strong impression that you're talking about something you know from experience and it's not something you just read about in a book or you are regurgitating something chat GPT wrote for you like I am seeing more and more of. Good luck to both of us.
Identify the problem, solve it, get paid for it, refine and repeat. Dude, without you I would have never found this detailed explaination. I bought countless courses, but now, with your help, I finally see the light. /s
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.
The stock market rally run is gone, but I'm not
sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $300k reserve.
@@ralhpculmanthe market is profiting if you are using a good broker or account manager to help out with trades or provide signals
Making touch with financial advisors like Kimberly Kent who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
Her strategy trade EUR/USD is quite impressive and her currency pairs are 100% beneficial. With her help I've been able to leave my 9-5
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
I stopped trying to predict market outcomes based on chart studying after 4 years of uncertainty. Not having a mentor caused me 4 years of pain. I learned to follow the market's direction and keep it simple with discipline.
@@hasede-lg9hj Please pardon me, who guides you on the process of it all?
The advisor that guides me is Annette Marie Holt, most likely the internet is where to find her basic info, just search her name. She's established.
As software engineer, I am taking this thing from the bottom of my heart.
Thanks for providing such value for free
You're welcome, and good luck to you!
This was good advice until ChatGPT came along. 😢
@@genx7006 nah. ChatGPT is useful as a tool for programmers. Don't knock it.
@@genx7006 nah all it will do at this moment in time is save software engineers a little bit of time and effort non programmers can't write software with just chat gpt
Good video with honest advice! More to satisfy the entrepreneurial spirit but again that’s essentially what a side hustler hopes for…Finding a need and fulfilling that need is good’old wholesome advice.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.
Talking to an expert like Faith Reece to reshape your portfolio is a very smart move
Wow.... She has really made good name for herself, she's also my account manager
Her concept is key in beating all odds to excel in this form of online commodity trading.
Amazing advice! I'm a CPA and I specialize in helping entrepreneurs get started and stay on track. There are so many distractions out there
You gave me an idea for a side hustle. Identify peoples problems, build a database, and sell it off to an entrepreneur invester.
Your channel is a breath of fresh air in this Guru infested, Get Rich, Buy from Affiliate Links, UA-cam space.
This video is literally the 'Give a man a fish...Teach him how to fish' video for starting a realistic business.
Thanks! That's exactly what I'm hoping to do... provide some direction for people.
You can make money in those. It just requires thinking differently than what they are pitching and real grind. Blue oceans and such.
Such good advice.
Years ago, a friend of mine opened a sports shop that catered for all sorts of sports. They sold training shoes, clothing, equipment and lots of other stuff. Based in the UK, they were in direct competition with two huge sports retailers and they were losing money all over the place. At the end of year one, they pumped a load of cash into the business, but the second year was worst than the first. After four years of throwing good money after bad, they were very close to bailing out. Long story short, my friend discovered a lightweight running shoe designed for marathon runners...that nobody was selling in the UK. The shop was quickly refurbished and a website was added. Online sales took off, while street trade increased dramatically. The business is thriving to this day and all because my friend discovered a deeper rooted niche.
So good! Love a good niche story
Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?
Most people today have been having a lot of failures in investing because of poor orientation and bad experts.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I think I'm blessed if not I wouldn't have met someone who is as spectacular as Patricia Strain
Talking to an expert like Patricia Strain to reshape your portfolio is a very smart move
Patricia's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery
If it were this easy everyone would do it. The problem you must identify first but you also have to have the specific talent and experience to fulfill that need.
THANK You. I’ve been saying this for years. One girl I knew was like, “You only own one business?” Uh excuse me, one is enough!!
So true, it's hard to do many thing well all at the same time. Thanks for commenting!
Instant sub. I’m so tired of these greedy people with their clickbait and “ill tell you my secret in a minute” just to not tell you anything helpful. Thank you for your honesty!
The rich are money-minded; that's a lesson I've grasped from the very beginning. My desire to build wealth has always been strong. I’ve set aside $160K since 2020, and I’m eager to invest it in the stock market to grow my financial future. I’d love to hear any recommendations you have.
I think the safest strategy is to diversify investments. But if you need proper advice, consider speaking with a financial expertise. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I agree with most of this video. I will say side hustles (as long as they are something you enjoy or are hands off) are very worth it. I started a side hustle 11 years ago which is now my full time gig and I make more money at it then I ever did at my day job. I'm not going to tell people that because it worked for me (only took 6-7 years of working both a day job and my side hustle)that it'll work for them but I think side hustles keep you busy. If you go to your 8-5 job come home and hate life... start a side hustle. it might be what keeps you happy.
Currently I was watching a lot of how to make money videos and UA-cam recommended this video. Well it's hard to imagine what UA-cam's algorithm wants.
I will listen to him, he got experience. There are many young people giving advise but then you buy their course and it's absolute shite
Well, I started a side hustle and I'm doing well. I took the savings I had for the family that never happened and bought 2 sailboats, a small old one to live on (yearly cost of living $3500) and a luxury yacht to do charter on. I worked 6 months and took a loan on that boat, bought another and hired crews and a guy to run the business for me while I sail and fish, I have to many fishes to catch, don't have time for work. 13 years later I have 5 boat's (including my own) I own almost 70 vacation homes in Portugal and Spain and I'm still sailing and fishing! 👍🎣⛵
Never would have conceived that this was possible, congratulations admiral
@@notimportant8643
Well it is, if you have something valuable, you can loan money on that to make more value. I never take out more than $3500 a year, I really don't need more. The rest goes to invest in making more money and welfare, my companies defray many orphanages and prolife activities.
Yeah good for you Nemo
My side hustle has saved my family while my husband was in school. He's going to be done soon and I will go to school after him. Without my side hustle we'd be in a very deep hole. I think it's a great "patch" or short term solution in this situation.
it's kinda crazy how nobody is talking about the book whispers of manifestation on borlest
How much u nigas get paying for that
No comments? Sus
Trying to find that perfect idea leads to overthinking, overthinking leads to inaction (analysis paralysis). And that is why I don't fundamentally agree with this viewpoint. The best thing as an entrepreneur is to just start doing something, don't overthink it. That might be a side hustle, it might be a niche, but it doesn't have to be perfect. These side hustles could lead you to the next idea that will make the big bucks, or it might grow into something huge. Starting small is a great way to reduce financial risk and get ones feet wet, and build experience that will be needed later.
Exactly. The first step is actually to start a side hustle..
I never even contemplated being an entreprenuer but six minutes into this video I've learned some very valubale information. Thank you
Yes that's exactly what I needed to hear bc by watching some successful people doing side hustles, you get overwhelmed by all the different options
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
I thought about investing in the financial market, I heard that people make millions if they know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
The best course of action if you lack market knowledge is to ask a consultant or invest-ing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Fantastic! can u share more details?
She's known as Julia Hope Marble''. One of the finest portfolio managers in the field.
She's widely recognized; you should take a look at her work.
Do a side hustle if you like it, though. I work full time as an engineer, but I also have a business making wedding films on the side and I can essentially double my income during the busy wedding season. I also take random jobs from time to time for photography or video. I don't really do it for the extra money, though. I do it because I love photography and filmmaking.
That's fantastic! I agree, lots of reasons to do a side hustle but also NOT to do a side hustle. If you enjoy doing it and don't really have income as your driving reason, then even better because you get paid to do something you enjoy.
As someone who turned to many side hustle untill one blew up, cant agree with this video 100%.
Stopping side hustle is not the way, pick side hustle carefully, dont give up, and most importantly when someone tells you how to get rich in 4 steps, just know that person is just trying to make some money like yourself by telling things you already know, its the application that matters..
Instead of gaining a little knowledge about many things, it's better to master one skill so that people can't do without your expertise."
This video was like a slap for me to wake up after researching for weeks and months! Thanks for the value that you shared mr William! New subscriber from Sweden!
Thank you! I'm very happy to have you join!
Wasn't too easy the way they showed you how to make money? Like, just do this and you get insta-millionaire
if it was that easy, why are you telling to millions to do that?
“Business does not need to be complicated.” Thank you so much for this video.
I have experience with lead generation and how to help businesses with this issue but I have felt like I don’t know enough to start a marketing agency as I have only been doing it for a year.
I suppose it’s better to get started and learn as I go. Thank you so much for this video
Hi - Sorry for the late reply. I'd re-frame it in your mind. "Starting a marketing agency" sure sounds big and intimidating, but getting 1 client and helping them does not. So instead of framing it as starting an agency, thin k of it as getting 1 client and thrilling them with your work, then get another client and do the same, then get another one. Bit by bit you add clients, and you will certainly learn as you go. At some point it might make sense for you to bring on someone to support your growing roster of clients. Guess what... over time, you've built an agency.
Did you start the agency?
This is great, I’ve been looking into dropshipping, flipping stuff, just side things that aren’t real business. This helped me realize I just need to start something legit that I care about
Excellent, I'm it was helpful! Good luck!
Side hustles can also bring in a lot of money. I agree with some of this but I know many ppl that do well from side hustles. They can also turn into a business. Even some UA-camrs are making alot of money with this being a side hustle so I don’t completely agree with that.
Started a few side hustle.
Realized i wasnt making that much money compared to my day job as a consultant.
I was getting burned out, effort in my main job was getting lesser, got on the radar of management.
Its okay to try and experience but then i decided to switch my focus back to my day job.
Improved my efficiency, did well, got promoted, got increment, become somewhat of a manager with more time available to do other stuff(like planning, etc)
Would say dont do side hustle if your main job is paying darn well and you have alot of stuff to learn and grow but sometimes its okay to try a little bit though
Finally someone who gives helpful advice, so many videos with scams and side hustles and fake promises, this was very refreshing to see. Thank you :)
I agree with this. After 20 years of friends and family doing 'side hustles' I have never seen anyone make any significant money and most would agree what they did was create the worlds lowest-paying 'per hour spent' jobs in their lifetimes. From 'Avon' to website designs or doing vlogs after work etc. People think this sounds weird but 100% seriously: most would now agree IF they spent the same time working at a fast food restaurant they'd actually make more money that way.
I don't think so. I basically knows some of people that do the side hustle until they changed their life and be popular. One of them was a low jobless man from a small village. He create contents for youtube from like 2 years ago. And now his life completely changed because now he is well known. People want to pay just to ask him to make a review. He afford to buy new car, get married and buying new houses. He become millionnaire in a short time and produce his own film on UA-cam . Even only from the UA-cam, he got about 400k USD by selling ticket for those who want to watch the movie. Many more people like him become successful. Even my brother buy a house last year just because of his side hustle, not from the salary of his main job.
@@LassieAkasia The problem with your story is that youtube breakthrough stars like that are something like movie stars or NBA drafts - its 1-in-a-million. and almost zero people will ever make this half a million dollars but Jake Paul and 12 others
@@topsuperseven7910 they could be from a developing country, a dollar is worth 100 in the currency
Not at a fast food restaurant, but at a good restaurant with tips, yes.
Exactly this! At this point just enjoy that time in your hobbies instead... Like play some video games, watch a movie. No shame in enjoying your free time, or go fully into a second job that actually pays you a livable wage... life can be wasted on those side hustles and you can actually earn close to no real money from them sometimes .-.
Hi William I just wanted to say thank you for this invaluable video. I am a professional mother with four children, and have a very stressful job in social work. The pay is not good compared to the level of stress involved as i'm based in the UK. Health concerns are beginning to start. I, too, felt very overwhelmed watching "side hustle" videos for months without the energy to do anything. BUT there is one business idea that I had and it certainly is a solution for women and fashion, huge problem in the UK and I believe I have the answer. For me, I guess it's fear holding me back to actually start. However, your videos have helped me to consider taking the next steps forward as i really need to leave the job that causes me lots of stress. Subscribed and hit the like button
Thank you, Belinda! I really hope you give it a try! You don't want to look back later and wish you had given it a shot. And if it works out, it could change everything for you! Start with some market research... maybe ask people in Facebook groups (or wherever potential customers might be found) if they experience the problem, and would they pay for a solution (tell them your solution for them to react to). If they say yes, ask them if they would pay X... whatever you think a reasonable price is. This will help validate. Ask a lot of people, so you have a shot at finding out if some are interested. You only need a small % of people to be willing to buy it for it to be a viable business. Good luck!
I would also suggest. As a mother get help. Don't Carey all the burdens of motherhood. If you can get a babysitter in the home to help you manage do it. Don't do it solo and heavy!!! Do it with help ❤
@@CassieDavis613depends how you say it, you could say it like: what if someone made a ... , on which ppl would copy it or say it like: girls don't you think that ...
@@rayane--21pilots8 or, Sup i just publish what's in my mind see ya? bugger off.
@@CassieDavis613 yea that would work too
1. Identify a problem
2. Solve the problem
3. ????
4. PROFIT!!!
But great advice. Very practical.
Great video! No BS, no unnecessary sacarsm, just straight to the points.
I have been looking for my niche and I was completely overwhelmed until I viewed your video. This was a lesson that was taught to me at a young age that I completely had forgotten about. Thank you.
I'm so glad it was helpful! That happens to all of us, so sometimes all one needs is a reminder and you'll get back on track.
I sometimes use my ETFs to buy dividend and growth stocks for diversification instead of reinvesting in the same place. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
The current market might create short-term opportunities to maximize profit, but in order to execute such strategy , you must be a skilled practitioner
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting.
Margaret Johnson Arndt”is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Yes, drop 6 figures in the comments. Totally not a red flag . 😉
The first 2 minutes was all I needed. I left it at "get started already" and got started. Thanks!
People seem to firget to nebtuon the dark side of side hustles.
You'll literally wont have time for yourself (if the side hustle picks up)
Also for every business some networking WILL be needed!
The problem ive always have had is side businesses dont pay enough and it will affect your "regular" day job in time.
Ive been fortunate that ive had people take over some of my side hustles because they can become demanding DEPENDING on the business.
I personally build side hustles that
1. I can scale with minimal efforts
2. They eventually have the possibility to make passive income!
Knowing the business is important because only the person knows if its a "passive" businesses OR active businesses
Thanks - some great points here for folks to keep in mind!
Stumbled across your videos and things are much clearer for me now. So many doubts entering my head when I see people "making £100k a week on selling notebooks or some over product, through their top secret method that big brands don't want you to know about".
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Trading in Bitcoin now is the wisest thing to do now especially beginner....
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
Finally some REAL entrepreneur advice!! Thank you so much as a person who has been down that rabbit hole of “side hustles” on UA-cam and this is some of the only advice that I’ve heard that is actually actionable. Again thank you!!!
You are so welcome! Thanks!
You have some good points, but starting a business for me was exponentially harder than working a bit for someone else and not having to think that much about it. They tell you what to do, you do it, they give you money and you go home. With a business, you never get to stop. From when you wake up to when you go to sleep-you are stressed trying to keep it all together and you don’t get to have that distinction between work and rest. Good luck to you all, may you find the right solution.
actually it just seems that way but just like you do with normal work, you build a schedule, work time is when you think about work, the rest of the day is yours, most of the struggle is at the beginning but later on it's much more comfortable, with less work hours and more income than standard jobs if you wanted, unless you felt like growing more
Sounds like what my boss struggles with
You're right. I started a business because I was tired of the 9 to 5 grind. Now instead of going home and not worrying about work at the end of the day, I worry 24/7. But the pay off is if I need to go to an appointment or rake the leaves or get an oil change, I don't have to ask my boss. I can do that in the middle of the day and enjoy the sunshine. I also am a full-time caretaker for my mom, and it's a blessing that I have the time to do that. So either way you look at it, I guess there are positives and negatives to each side.
You know, I've never thought about keeping a list of problems I encounter in life. I'm not looking to become a hypersuccessful empire mogul, all I've ever wanted was just to run some sort of operation out of my back yard so I can work for myself and to satisfy the needs of humanity. Right off the bat, you've changed my way of thinking and how I'm going to approach things. Subscribed.
This is exactly what I was looking for. Honest experienced guidance without trying to hook the audience into a quick money scheme.
The best comes unexpected and this is *VRI TOKEN* which is completely changing the course of the game here. They are offering a product which makes sense and will be used in far more ways than just hoping for quick rich stuff. This is how it should be and how it will be in the future and it is a big leap forward to making this whole industry somewhat believable
subscribed, no bs, no entertainment, just pure gold.
this is an amazing video for those who have been procrastinating on starting a business but for those who dont care to, side hustles are fine in my opinion provided that there's a healthy overall work life balance
I wish I had a father or mentor who opened up my understanding to all of this when I was young. So much fear, procrastination, and indecision would have been avoided.
Now, in this era of UA-cam, there is seriously no excuse. If you can break free from self-pity, you have everything available at your fingertips for you to succeed.
This is the most honest and clear business advice I have heard in a long time. No hypetastic buzz words and nonsense. I think that the reality is everyone wants to get rich quick and so it's intellectually easier to just buy someone's success in a course or method. The issue is that business is a lot more complex than this. Solving problems means you are also in competition with others wanting to solve problems. It's a challenge to find blue oceans when the easiest win seems to be to jump in the red ocean with tried and true methods. The blue ocean actually means you are out there alone paddling and trying to get attention to your life raft with a new idea. I like the more iterative approach he talks about where you are more the observer on the shoreline riding a few waves of new ideas/products/MVPs. Eventually you learn more about the waves and which ones are worth surfing or not.
Thank you, much appreciated!
You will notice that none of the “successful” people on UA-cam ever started by saying, “I bought a course…” - nobody rich, gets rich from buying some sleezy course.
Finally a NO BS business Channel. I love what you do and really learnt a lot whit this videl. Thank you!!
Thanks very much!
Side hustles are because your employer doesn't pay overtime and you can't support yourself without working a 2nd gig.
Facts
It takes money to get money, starting with a realistic side hustle can give you the leverage you need to boost your business and you can get some experience by understanding what other people want
I stumbled upon this video, I'm trying to build up two complimentary businesses, a tee shirt company and an events company and this is so encouraging! thank you!
Side hustle: You need the money right now, or you get kicked out of your rental unit, and lose your car because you're behind payments. Starting a solution: you're comfortable with losing money at first but you have a solid path to revenue and profit after a certain amount of time. You may not have pressing bills to worry about, maybe you own your home and car outright. So, people like me can't spend any time thinking about a long term idea when the brain is distracted with pressing matters that block any sort of creativity. Some make it, some don't.
You are absolutely right ! I had no rent ,carnote, debt or kids when I started my business 11 years ago . You definitely can't be weighed down to start.
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
Kristin Amber Landis is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
I don't want to be well off by the time I'm too old and feeble and broken to do anything with that wealth.
I want to be well off *BEFORE* then.
00:18, Hello! I already own that bridge!
Sell me a lane😂😂
I rarely give out a comment on UA-cam but this video is simply PERFECT
Thanks, Ben, much appreciated!
You can never have too many talents or hobbies. My day to day job is a mechanic for a municipality. Coming from an agriculture background I still find myself working with livestock and also repairing people's vehicles in my spare time.
Businesses almost always start out as a "side hustle". Most people I know who just started selling random stuff online eventually made a very profitable business out of it.
I agree, start your "real business" on the side, and if it works, then grow it. For those who want to get rich, I'm advising against the "easy money" side hustles that a lot of UA-cam videos talk about.
@@TheBestWill
I don't really understand what you mean by "easy money". Is running a dehydrator, putting food in bags, and having the UPS man pick it up and ship it out "easy money"? What about those who just ship from China directly to Amazon FBA? Those are most of the videos I see on the topic.
For every person who is actually putting in effort to create novel solutions to our problems, someone is making 100x more than them for doing nothing of relative value. The key to making money is to convince others to do your work for you, not to come up with solutions yourself.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with?
Linda Aretha Reeves is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I looked her up and sent her an email. I hope she responds to me soon.
Taking early notes as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Sharon Ann Meny is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
just finding side hustle is kinda hard already. You really have to be wise and to have patience.
Stopped procrastinating and watching this video and got back to work. Thank you, wise man
Work for you boss?
I get adds for these bs marketing schemes, my goal is to make my shop my job job. I’ll get there, one day 😂 Thank you for the informative video
Good luck! You can do it.
I’m here before he blew up!
Thanks, gave me a laugh! Glad to have you on the team!
No one cares.
When they blow up, they make generic content
And, side hustles in Portland are a hazmat job. It’s over for now until the city begins to relative liberalism is not allowing shot all over the waterfronts and downtown. That’s simply neglect hate and laziness with malice and Compton all hiding behind a symbolic liberal flag…all bullshit.
What business do you have? I see, making videos to tell people how to start a business is your business.
Exactly... he just identified a problem and tried solving it.
Thank you! Glad someone sees thru the nonsense of these endless fruitless side hustles. As someone who did actual side hustles that could’ve got me locked up I find the whole terminology of hustle culture and side hustles to be quite laughable. It’s just extra work. Only way to make it is thru making a decent buck while you’re working and as you said finding a need to fill thru your passion and making that your focus. My favorite part of these side hustle videos is how wrong their math is on the money guy can make from these things and when you call the content creator out on it they say oh my bad on the numbers. Seen it so many times I’m starting to think there’s an organized and concerted effort to promote this toxic hustle culture on social media
An artist can earn in a single day what a laborer might not earn in an entire year.
However, becoming an artist can take many years.