You need a side hustle. In this day and age, it’s not just nice, it’s necessary. Even if you love your job and have no plans to quit, a second – or third – income can bring you security and a backup plan. Oh, and it can also be fun … because a side hustle should be something you look forward to spending time on, not something that’s a chore.
When I use the phrase “side hustle”, I don’t mean a part-time job that drains your energy after you’re already tired from your day job. I mean an asset you create that has the potential to produce passive income.
Here’s an example. For the past seven years, Mike Benkovitch in Sydney has earned an average of $800 a month from a project he made long ago and has hardly updated since. This is an audio system that helps medical students memorise the human anatomy. When they purchase Mike’s course, the students learn faster and get better grades. Meanwhile, Mike gets paid month after month.
How can you create a success story of your own? It all starts with an idea.
STEP 1
Find an idea
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Denne historien er fra October 2017-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.
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