Register Your Business? 10 Ways to Make Your Side Hustle Feel More Official

Before we begin, I should note that the single BEST way to make your side hustle feel official is to get paid. Go sell something, seriously.

But I also understand that many people — myself include — often want some level of “establishment” before they feel comfortable saying they’re open for business.

I opened my first LLC while I was still in college and really had no idea what I needed it for. But it felt good, and if I’m being honest, made me feel smart and important too. And later I got plenty of use out of it.

Words to Live By: 139 Life Lessons Quotes

words to live by

I recently shared 37 things I’ve learned in my 37 years, and invited Side Hustle Nation to share their own life lessons.

This post is a compilation of the “words to live by” responses I received, broken down into several broad categories.

Enjoy!

37 Things I Have Learned in My 37 Years

things learned 2019

I wish I was half as smart now as I was at 16!

But learning everything you don’t know is part of the process.

One thing I love about my work is I feel like I learn new things every day. Sometimes they’re small little tweaks and hacks, and other times they’re broader strategies or ideas.

I originally drafted this list 7 years ago, after my 30th birthday, but decided it was due for an update.

350: Is Real Estate Your Next Income Stream? Rental Property Q & A

Buy a house.

Rent it out.

Tenants pay it off for you.

It’s possibly one of the oldest side hustles in the books, right?

Done right, owning rental properties can be an attractive long-term income and wealth-building strategy. But done wrong, it can be a recipe for headaches and a mountain of debt. 

Reselling Shoes: How I Make $10,000 a Month Flipping Sneakers

reselling sneakers

After spending hours of research and using the little money that I had saved, I bought my first pair of shoes to resell. It was a pair of Jordans that I bought for $190. I sold them hours later for $300 — an $80 profit after shipping and fees.

It was the quickest and easiest money I had ever made. I had finally found a product that met all of my criteria: high ticket items with good margins that sold quickly. Sneakers checked those boxes very nicely.

A Millionaire Business Coach Takes a Look Inside My Day-to-Day

Jaime-headshot-300x300

Jaime Masters has interviewed more than 500 millionaires. On top of that, she runs some premium mastermind programs and is a sought-after business coach.

I’ve been trying to figure out the best way to get on the podcast for years, and I think we came up with something unique and hopefully compelling.

Jaime agreed to actually coach me on a couple of areas of my business.

Hiring Your First Virtual Assistant: When, Where, and How to Do it Right

The hard truth is that we all have a limit to our capacity and how much we can do in and on our businesses — and that’s a tough pill to swallow for some entrepreneurs and small business owners.

But when you’re up against that ceiling you have to decide between two options — you can settle in, like OK, this is my life now. Or you can ask for help in breaking through, and that’s what this episode is about.

Growing your team in such a way that you have some breathing room in your schedule and in your mental bandwidth to do the work that’s required of a business owner, instead of the work of the business doer– to borrow from Sean Marshall in episode 312.

Options Trading 101: 8 Rules for Success for Total Newbies

Kirk DuPlessis

In this episode, we’re tackling a topic that’s been frequently requested by listeners, but is somewhat foreign to me, and that is options trading.

To help school me on this, I’m excited to welcome my friend Kirk DuPlessis to the show. Kirk runs the super popular site OptionAlpha.com, where you can get all sorts of free options trading training. He’s been at this for over 10 years and the site has over 150,000 members.

Options trading is a high probability form of investing, but as with all investments it’s based on risk. Risk, that Kirk is able to leverage with his in-depth understanding of the market — and by following a few key rules he’s sharing with us today.

Usually Hustling, Occasionally Social

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