Creative Hustle
Money Magazine Australia|July 2019

Fact file

Genevieve Rosen-Biller

Co-founder of online homewares start-up Bed Threads. Aged 29; lives in Bondi

Graduated as a journalist from Sydney’s UTS, later working for online publications. In her first year as a journalist she interviewed Brad Pitt and Kim Kardashian. Credits her focus on a healthy diet and being able to sleep well.

Alan Deans
Creative Hustle

Side hustles have been around for about as long as the working week. For many people a second job is often the only way to pay the mortgage, afford a holiday or escape from the daily grind. The digital age opens an enormous choice to moonlighters, and they are grabbing the opportunity big time. The internet makes it easier to rent out a spare room, drive people around town or sell widgets. About one in four now work outside their regular jobs, according to a recent NBN report, which also found the aspiration to do so is big among those aged 20-38. Consulting firm Deloitte said in its latest Millennial Survey that half of respondents wanted to quit full-time employment and join the gig economy in the next two years.

Genevieve Rosen-Biller’s side hustle – selling linen sheets online – has grown rapidly since its launch two years ago. Her venture Bed Threads appeals to the millennial market but others also come for the low price point and quality. Sales grew by 325% in the year to February, she says, and continue to rise. The business stopped being a side hustle a while ago. It now provides full-time work for four people – Genevieve and her husband Alan, who has a background in logistics, a customer service manager and a content editor. There is also a part-time social media expert who handles the main Instagram and Pinterest sales channels.

Denne historien er fra July 2019-utgaven av Money Magazine Australia.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra July 2019-utgaven av Money Magazine Australia.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA MONEY MAGAZINE AUSTRALIASe alt
An outrageous, beautiful monopoly
Money Magazine Australia

An outrageous, beautiful monopoly

Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.

time-read
4 mins  |
July 2024
Drop the anchor to judge value
Money Magazine Australia

Drop the anchor to judge value

Buying and selling decisions should be based on where a stock price is going, not where it has been.

time-read
3 mins  |
July 2024
Powering the AI boom
Money Magazine Australia

Powering the AI boom

Beyond the software and chipmakers, where will the energy come from?

time-read
3 mins  |
July 2024
Get into life
Money Magazine Australia

Get into life

Tucked inside super are products that can protect you from life's inevitable uncertainties.

time-read
5 mins  |
July 2024
Paths to home ownership
Money Magazine Australia

Paths to home ownership

Taking the road less travelled can sometimes deliver unexpected benefits.

time-read
5 mins  |
July 2024
Sold! Quick ways to add value
Money Magazine Australia

Sold! Quick ways to add value

Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.

time-read
5 mins  |
July 2024
Money lessons the kids need to know
Money Magazine Australia

Money lessons the kids need to know

Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.

time-read
4 mins  |
July 2024
Property-investing rules: are they likely to change?
Money Magazine Australia

Property-investing rules: are they likely to change?

The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.

time-read
3 mins  |
July 2024
What's love got to do with it?
Money Magazine Australia

What's love got to do with it?

A rollercoaster of emotions could be driving poor crypto behaviour.

time-read
3 mins  |
July 2024
Are we ready to be cash-free?
Money Magazine Australia

Are we ready to be cash-free?

Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.

time-read
2 mins  |
July 2024