1
00:00:00,000 --> 00:00:03,120
All right, so let's dive into some side hustles.

2
00:00:03,120 --> 00:00:03,960
Okay.

3
00:00:03,960 --> 00:00:05,440
I know a lot of you out there are thinking about ways

4
00:00:05,440 --> 00:00:06,960
to make some extra money,

5
00:00:06,960 --> 00:00:09,760
and maybe you've even thought about, you know,

6
00:00:09,760 --> 00:00:11,360
jumping into the side hustle world.

7
00:00:11,360 --> 00:00:12,400
Yeah.

8
00:00:12,400 --> 00:00:14,560
Well, we're gonna unpack this YouTube video

9
00:00:14,560 --> 00:00:16,600
by Joshua Mayo titled,

10
00:00:16,600 --> 00:00:20,160
12 Side Hustles You Can Do From Your Phone,

11
00:00:20,160 --> 00:00:22,360
$500 plus per day.

12
00:00:22,360 --> 00:00:23,200
Okay.

13
00:00:23,200 --> 00:00:25,200
I mean, $500 a day just from your phone.

14
00:00:25,200 --> 00:00:26,360
Wow.

15
00:00:26,360 --> 00:00:27,720
Pretty enticing promise, right?

16
00:00:27,720 --> 00:00:29,680
Yeah, it definitely gets your attention,

17
00:00:29,680 --> 00:00:31,120
but you know, you gotta be realistic

18
00:00:31,120 --> 00:00:32,320
about earning potential.

19
00:00:32,320 --> 00:00:33,160
Right.

20
00:00:33,160 --> 00:00:34,440
I mean, while some side hustles can be lucrative,

21
00:00:34,440 --> 00:00:36,520
it's not always as simple as it sounds.

22
00:00:36,520 --> 00:00:37,360
Right.

23
00:00:37,360 --> 00:00:38,640
So let's examine those claims.

24
00:00:38,640 --> 00:00:39,480
Okay.

25
00:00:39,480 --> 00:00:41,000
Skepticism engaged.

26
00:00:41,000 --> 00:00:41,840
Yes.

27
00:00:41,840 --> 00:00:43,560
So let's start with the most shocking side hustle

28
00:00:43,560 --> 00:00:44,600
Mayo mentions.

29
00:00:44,600 --> 00:00:45,440
Okay.

30
00:00:45,440 --> 00:00:46,360
Selling your poop.

31
00:00:46,360 --> 00:00:47,200
Oh, wow.

32
00:00:47,200 --> 00:00:48,480
I know it sounds crazy.

33
00:00:48,480 --> 00:00:49,320
Yeah.

34
00:00:49,320 --> 00:00:52,360
But apparently there's a company called Human Microbes

35
00:00:52,360 --> 00:00:55,400
that pays $500 per donation.

36
00:00:55,400 --> 00:00:56,240
Hmm.

37
00:00:56,240 --> 00:00:57,880
It's not exactly the kind of side hustle

38
00:00:57,880 --> 00:01:00,680
you bring up at a dinner party, is it?

39
00:01:00,680 --> 00:01:02,320
Not really, but there's actually a medical reason

40
00:01:02,320 --> 00:01:04,640
behind this, believe it or not.

41
00:01:04,640 --> 00:01:07,840
These donations are used for fecal microbiota transplants,

42
00:01:07,840 --> 00:01:10,400
which can help treat certain gut conditions.

43
00:01:10,400 --> 00:01:11,240
Oh.

44
00:01:11,240 --> 00:01:12,240
The science is really fascinating,

45
00:01:12,240 --> 00:01:14,080
but it's important to understand that, you know,

46
00:01:14,080 --> 00:01:16,240
becoming a donor isn't as simple as it sounds.

47
00:01:16,240 --> 00:01:17,080
Right.

48
00:01:17,080 --> 00:01:18,120
There are stripped health requirements

49
00:01:18,120 --> 00:01:19,920
and the demand for these transplants

50
00:01:19,920 --> 00:01:21,560
isn't exactly widespread.

51
00:01:21,560 --> 00:01:22,400
Yeah.

52
00:01:22,400 --> 00:01:24,320
$500 is tempting, but I can imagine

53
00:01:24,320 --> 00:01:26,080
the screening process is pretty intense.

54
00:01:26,080 --> 00:01:26,920
Yeah.

55
00:01:26,920 --> 00:01:29,280
And who knows how often they need donations.

56
00:01:29,280 --> 00:01:30,120
Right.

57
00:01:30,120 --> 00:01:32,720
So maybe not the most reliable way to break in the cash.

58
00:01:32,720 --> 00:01:33,960
Yeah, probably not.

59
00:01:33,960 --> 00:01:35,960
Let's shift gears to a side hustle

60
00:01:35,960 --> 00:01:38,440
that's a little less, well, messy.

61
00:01:38,440 --> 00:01:39,280
Okay.

62
00:01:39,280 --> 00:01:41,160
Mayo talks about becoming a virtual friend.

63
00:01:41,160 --> 00:01:42,320
A virtual friend.

64
00:01:42,320 --> 00:01:43,160
Yeah.

65
00:01:43,160 --> 00:01:44,320
On platforms like Papa.

66
00:01:44,320 --> 00:01:45,160
Okay.

67
00:01:45,160 --> 00:01:46,960
Where you can earn up to $3,000 a month

68
00:01:46,960 --> 00:01:49,120
just by texting people who are feeling lonely.

69
00:01:49,120 --> 00:01:49,960
Wow.

70
00:01:49,960 --> 00:01:50,800
Okay.

71
00:01:50,800 --> 00:01:52,080
He even showed one profile description

72
00:01:52,080 --> 00:01:53,520
that was so out there.

73
00:01:53,520 --> 00:01:54,360
Oh.

74
00:01:54,360 --> 00:01:55,720
It made me wonder about the kind of people

75
00:01:55,720 --> 00:01:56,800
you might encounter.

76
00:01:56,800 --> 00:01:58,760
Yeah, that's definitely a side hustle

77
00:01:58,760 --> 00:02:00,880
that highlights our need for connection,

78
00:02:00,880 --> 00:02:04,680
especially in a world that can feel increasingly isolating.

79
00:02:04,680 --> 00:02:05,520
Right.

80
00:02:05,520 --> 00:02:07,080
But there's a big safety concern here.

81
00:02:07,080 --> 00:02:07,920
Right.

82
00:02:07,920 --> 00:02:09,560
Interacting with strangers online

83
00:02:09,560 --> 00:02:11,440
always comes with risks.

84
00:02:11,440 --> 00:02:14,000
So setting clear boundaries and being cautious

85
00:02:14,000 --> 00:02:15,520
is absolutely essential.

86
00:02:15,520 --> 00:02:16,680
Yeah, I can imagine.

87
00:02:16,680 --> 00:02:18,840
It's definitely not a side hustle for everyone.

88
00:02:18,840 --> 00:02:19,680
Right.

89
00:02:19,680 --> 00:02:21,120
But it could be a good fit for people

90
00:02:21,120 --> 00:02:22,640
who are naturally empathetic

91
00:02:22,640 --> 00:02:24,600
and have strong communication skills.

92
00:02:24,600 --> 00:02:25,440
Right.

93
00:02:25,440 --> 00:02:27,080
And a good sense of when to engage

94
00:02:27,080 --> 00:02:28,160
and when to step back.

95
00:02:28,160 --> 00:02:29,000
Yeah.

96
00:02:29,000 --> 00:02:30,840
Now, Mayo also highlights

97
00:02:30,840 --> 00:02:32,680
some more practical side hustles.

98
00:02:32,680 --> 00:02:33,520
Okay.

99
00:02:33,520 --> 00:02:34,840
Things you might already be doing anyway.

100
00:02:34,840 --> 00:02:35,680
Like what?

101
00:02:35,680 --> 00:02:37,720
Like using the upside app to earn cash back

102
00:02:37,720 --> 00:02:41,000
on gas groceries and restaurant purchases.

103
00:02:41,000 --> 00:02:42,160
Oh, okay.

104
00:02:42,160 --> 00:02:43,080
Seems like a no-brainer

105
00:02:43,080 --> 00:02:45,640
if you can save a few bucks on everyday expenses, right?

106
00:02:45,640 --> 00:02:48,280
Yeah, that's a clever way to leverage the power

107
00:02:48,280 --> 00:02:50,000
of group buying to get discounts.

108
00:02:50,000 --> 00:02:50,840
Okay.

109
00:02:50,840 --> 00:02:53,480
Upside partners with businesses to offer these deals

110
00:02:53,480 --> 00:02:55,920
and users benefit from the savings.

111
00:02:55,920 --> 00:02:56,760
Okay, cool.

112
00:02:56,760 --> 00:02:57,600
It's a win-win,

113
00:02:57,600 --> 00:03:00,000
especially with the cost of living going up these days.

114
00:03:00,000 --> 00:03:00,840
Right, exactly.

115
00:03:00,840 --> 00:03:01,680
Yeah.

116
00:03:01,680 --> 00:03:03,720
Okay, so upside is all about saving money.

117
00:03:03,720 --> 00:03:04,560
Okay.

118
00:03:04,560 --> 00:03:07,040
What about actually earning some extra cash on the go?

119
00:03:07,040 --> 00:03:08,280
All right, how do we do that?

120
00:03:08,280 --> 00:03:10,520
Mayo features the FieldAgent app.

121
00:03:10,520 --> 00:03:11,360
Okay.

122
00:03:11,360 --> 00:03:13,160
Where you complete small tasks for businesses

123
00:03:13,160 --> 00:03:15,840
like snapping photos of products in stores

124
00:03:15,840 --> 00:03:18,120
or sharing your opinions on certain brands.

125
00:03:18,120 --> 00:03:18,960
Hmm.

126
00:03:18,960 --> 00:03:23,680
Key claims some users are making $100, $300 a day,

127
00:03:23,680 --> 00:03:25,840
which is pretty impressive for running errands.

128
00:03:25,840 --> 00:03:26,680
That is impressive.

129
00:03:26,680 --> 00:03:27,520
Right.

130
00:03:27,520 --> 00:03:28,800
So what's interesting about FieldAgent

131
00:03:28,800 --> 00:03:30,760
is that it turns those everyday errands

132
00:03:30,760 --> 00:03:32,320
into earning opportunities.

133
00:03:32,320 --> 00:03:33,160
Right.

134
00:03:33,160 --> 00:03:34,200
If you're already out and about,

135
00:03:34,200 --> 00:03:35,400
why not get paid for it?

136
00:03:35,400 --> 00:03:36,240
Exactly.

137
00:03:36,240 --> 00:03:38,000
But consistency is key here.

138
00:03:38,000 --> 00:03:38,840
Okay.

139
00:03:38,840 --> 00:03:40,760
You'd need to be actively checking for tasks

140
00:03:40,760 --> 00:03:43,600
and be in the right locations to maximize your earnings.

141
00:03:43,600 --> 00:03:45,320
So we talked about saving and earning money

142
00:03:45,320 --> 00:03:46,320
on everyday activities.

143
00:03:46,320 --> 00:03:47,160
Right.

144
00:03:47,160 --> 00:03:48,760
Now let's move on to side hustles

145
00:03:48,760 --> 00:03:51,080
that leverage your existing skills or knowledge.

146
00:03:51,080 --> 00:03:52,120
Okay, I like that.

147
00:03:52,120 --> 00:03:54,040
This is where things start to get really interesting.

148
00:03:54,040 --> 00:03:55,040
All right.

149
00:03:55,040 --> 00:03:58,280
Mayo suggests selling stock photos online,

150
00:03:58,280 --> 00:04:00,240
selling your old class notes,

151
00:04:00,240 --> 00:04:03,880
and even creating YouTube thumbnails for other creators.

152
00:04:03,880 --> 00:04:04,840
Interesting.

153
00:04:04,840 --> 00:04:05,960
What do you think?

154
00:04:05,960 --> 00:04:08,800
Could any of these be a hidden talent gold mine?

155
00:04:08,800 --> 00:04:11,240
Well, these side hustles tap into the big economy.

156
00:04:11,240 --> 00:04:12,080
Okay.

157
00:04:12,080 --> 00:04:13,680
Where you're basically offering your skills

158
00:04:13,680 --> 00:04:14,520
as a freelancer.

159
00:04:14,520 --> 00:04:15,360
Right.

160
00:04:15,360 --> 00:04:17,000
The barrier to entry is often pretty low,

161
00:04:17,000 --> 00:04:19,960
making them accessible to a wide range of people.

162
00:04:19,960 --> 00:04:22,480
But success depends on finding your niche

163
00:04:22,480 --> 00:04:24,360
and offering high quality work.

164
00:04:24,360 --> 00:04:26,480
So let's break these down one by one.

165
00:04:26,480 --> 00:04:27,320
Okay.

166
00:04:27,320 --> 00:04:29,600
Selling stock photos on IM caught my eye.

167
00:04:29,600 --> 00:04:30,520
Okay, why?

168
00:04:30,520 --> 00:04:35,120
Because Mayo claims you can earn up to $192 per image.

169
00:04:35,120 --> 00:04:35,960
Wow.

170
00:04:35,960 --> 00:04:37,280
And all you need is your phone camera.

171
00:04:37,280 --> 00:04:38,160
Wow.

172
00:04:38,160 --> 00:04:42,360
Imagine turning your vacation snapshots into cold hard cash.

173
00:04:42,360 --> 00:04:43,200
That would be nice.

174
00:04:43,200 --> 00:04:44,040
Right?

175
00:04:44,040 --> 00:04:46,400
Yeah, the demand for high quality images is huge,

176
00:04:46,400 --> 00:04:48,560
especially with social media and online content

177
00:04:48,560 --> 00:04:49,600
creation booming.

178
00:04:49,600 --> 00:04:50,440
Right.

179
00:04:50,440 --> 00:04:52,000
But remember, the stock photo market

180
00:04:52,000 --> 00:04:53,400
can be pretty competitive.

181
00:04:53,400 --> 00:04:54,240
Okay.

182
00:04:54,240 --> 00:04:55,520
You need to find your unique style

183
00:04:55,520 --> 00:04:58,120
and build a strong portfolio to stand out.

184
00:04:58,120 --> 00:04:59,120
Okay, that makes sense.

185
00:04:59,120 --> 00:04:59,960
Yeah.

186
00:04:59,960 --> 00:05:01,160
Now what about Study Pool?

187
00:05:01,160 --> 00:05:02,000
Study Pool.

188
00:05:02,000 --> 00:05:04,880
It's a platform where you can upload your old class notes

189
00:05:04,880 --> 00:05:08,080
and actually get paid each time someone views them.

190
00:05:08,080 --> 00:05:08,920
What?

191
00:05:08,920 --> 00:05:09,760
Yeah.

192
00:05:09,760 --> 00:05:10,600
That's interesting.

193
00:05:10,600 --> 00:05:12,120
Mayo mentioned top contributors earning thousands

194
00:05:12,120 --> 00:05:15,440
of dollars per month, which blows my mind.

195
00:05:15,440 --> 00:05:16,280
Wow.

196
00:05:16,280 --> 00:05:18,840
I knew those dusty old binders could be so valuable.

197
00:05:18,840 --> 00:05:22,960
Well, it reflects the growing trend of peer to peer learning

198
00:05:22,960 --> 00:05:25,560
and the way students are using online resources

199
00:05:25,560 --> 00:05:27,080
to supplement their education.

200
00:05:27,080 --> 00:05:27,920
Okay.

201
00:05:27,920 --> 00:05:30,480
Of course, the quality and relevance of your notes matter.

202
00:05:30,480 --> 00:05:31,320
Right.

203
00:05:31,320 --> 00:05:32,680
You can't just upload any scribbles

204
00:05:32,680 --> 00:05:34,360
and expect to make bank.

205
00:05:34,360 --> 00:05:35,600
Right, you want to be that student

206
00:05:35,600 --> 00:05:37,400
who everyone wanted to borrow notes from.

207
00:05:37,400 --> 00:05:38,240
Exactly.

208
00:05:38,240 --> 00:05:40,360
Finally, there's YouTube thumbnails,

209
00:05:40,360 --> 00:05:42,320
which might seem like a small detail.

210
00:05:42,320 --> 00:05:43,160
Yeah.

211
00:05:43,160 --> 00:05:46,320
Mayo makes a compelling case for their importance.

212
00:05:46,320 --> 00:05:47,920
Well, yeah, a well-designed thumbnail

213
00:05:47,920 --> 00:05:50,560
can be the difference between a video getting clicks

214
00:05:50,560 --> 00:05:52,960
or being completely ignored.

215
00:05:52,960 --> 00:05:55,040
YouTuber's often outsourced this task.

216
00:05:55,040 --> 00:05:55,880
Really?

217
00:05:55,880 --> 00:05:56,840
And there's real money to be made

218
00:05:56,840 --> 00:05:59,040
if you have a knack for design.

219
00:05:59,040 --> 00:06:01,880
Plus the potential to earn over $1,100 per week

220
00:06:01,880 --> 00:06:03,600
is definitely nothing to sneeze at.

221
00:06:03,600 --> 00:06:04,760
That's amazing.

222
00:06:04,760 --> 00:06:06,600
And Mayo even mentioned using Canva,

223
00:06:06,600 --> 00:06:09,400
which is a super user-friendly design platform.

224
00:06:09,400 --> 00:06:10,240
I love Canva.

225
00:06:10,240 --> 00:06:12,720
You don't need to be a Photoshop expert to get started.

226
00:06:12,720 --> 00:06:16,000
Tools like Canva have made design accessible to everyone,

227
00:06:16,000 --> 00:06:17,560
which is a game changer.

228
00:06:17,560 --> 00:06:19,440
It's a great example of how technology

229
00:06:19,440 --> 00:06:22,240
can open up new income opportunities.

230
00:06:22,240 --> 00:06:23,080
All right, so those are some

231
00:06:23,080 --> 00:06:25,120
of the more accessible side hustles.

232
00:06:25,120 --> 00:06:25,960
Okay.

233
00:06:25,960 --> 00:06:27,040
Now let's dive into a few

234
00:06:27,040 --> 00:06:29,800
that require a bit more specialized knowledge,

235
00:06:29,800 --> 00:06:32,320
but have the potential for even higher earnings.

236
00:06:32,320 --> 00:06:33,840
Okay, let's hear it.

237
00:06:33,840 --> 00:06:36,920
First up is becoming a Google ad specialist.

238
00:06:36,920 --> 00:06:37,960
Okay.

239
00:06:37,960 --> 00:06:41,400
Mayo highlights the huge demand for this skill set

240
00:06:41,400 --> 00:06:44,680
and shows specialists earning over $100 an hour.

241
00:06:44,680 --> 00:06:45,640
Wow.

242
00:06:45,640 --> 00:06:47,520
It's a side hustle that's directly tied

243
00:06:47,520 --> 00:06:49,280
to the world of digital marketing,

244
00:06:49,280 --> 00:06:52,280
which is only growing as more businesses move online.

245
00:06:52,280 --> 00:06:53,240
Of course.

246
00:06:53,240 --> 00:06:55,680
Being able to manage advertising campaigns effectively

247
00:06:55,680 --> 00:06:57,440
is a highly valuable skill.

248
00:06:57,440 --> 00:06:58,840
Yeah, definitely.

249
00:06:58,840 --> 00:07:01,200
And get this, Google offers free training

250
00:07:01,200 --> 00:07:02,880
on their skill shop platform.

251
00:07:02,880 --> 00:07:03,720
Really?

252
00:07:03,720 --> 00:07:05,560
So you can learn the ropes without spending a dime.

253
00:07:05,560 --> 00:07:06,480
Wow.

254
00:07:06,480 --> 00:07:08,520
It's incredible that such a lucrative career path

255
00:07:08,520 --> 00:07:09,520
is so accessible.

256
00:07:09,520 --> 00:07:12,280
Yeah, it really speaks to the power of online resources

257
00:07:12,280 --> 00:07:14,640
and the democratization of knowledge.

258
00:07:14,640 --> 00:07:16,600
Google is making it possible for anyone

259
00:07:16,600 --> 00:07:19,720
with an internet connection to develop valuable skills.

260
00:07:19,720 --> 00:07:20,560
That's amazing.

261
00:07:20,560 --> 00:07:21,920
Yeah, it is.

262
00:07:21,920 --> 00:07:24,640
Okay, now let's switch gears to mobile notaries.

263
00:07:24,640 --> 00:07:26,000
Mobile notaries.

264
00:07:26,000 --> 00:07:28,360
This one's for the detail oriented folks out there

265
00:07:28,360 --> 00:07:30,160
who enjoy interacting with people.

266
00:07:30,160 --> 00:07:31,000
Okay.

267
00:07:31,000 --> 00:07:32,720
It seems like a pretty straightforward side hustle

268
00:07:32,720 --> 00:07:35,040
with relatively low startup costs.

269
00:07:35,040 --> 00:07:37,240
Yeah, it's a service that's always in demand

270
00:07:37,240 --> 00:07:40,280
because various legal and financial transactions

271
00:07:40,280 --> 00:07:42,160
require notarization.

272
00:07:42,160 --> 00:07:43,000
Okay.

273
00:07:43,000 --> 00:07:43,840
And by being mobile,

274
00:07:43,840 --> 00:07:46,160
you're offering convenience and flexibility,

275
00:07:46,160 --> 00:07:47,560
which people are willing to pay for.

276
00:07:47,560 --> 00:07:48,400
Right.

277
00:07:48,400 --> 00:07:49,220
Yeah.

278
00:07:49,220 --> 00:07:52,400
Mayo mentioned earnings of $10, $30 for general signings.

279
00:07:52,400 --> 00:07:53,240
Yeah.

280
00:07:53,240 --> 00:07:58,080
Or $100, $200 for more complex documents like loan signings.

281
00:07:58,080 --> 00:07:59,520
Plus you can factor in travel fees.

282
00:07:59,520 --> 00:08:02,040
So it seems like a decent way to supplement your income.

283
00:08:02,040 --> 00:08:03,880
Yeah, you'd be handling sensitive documents.

284
00:08:03,880 --> 00:08:07,040
So building trust and a reputation for reliability

285
00:08:07,040 --> 00:08:07,880
is crucial.

286
00:08:07,880 --> 00:08:08,720
Yeah, of course.

287
00:08:08,720 --> 00:08:10,440
But for someone with strong interpersonal skills

288
00:08:10,440 --> 00:08:11,600
and attention to detail,

289
00:08:11,600 --> 00:08:14,280
it could be a rewarding and profitable side hustle.

290
00:08:14,280 --> 00:08:15,200
Okay, very cool.

291
00:08:15,200 --> 00:08:16,040
Yeah.

292
00:08:16,040 --> 00:08:17,120
And last but not least,

293
00:08:17,120 --> 00:08:20,600
Mayo reveals what he calls his secret weapons side hustle.

294
00:08:20,600 --> 00:08:21,440
What's that?

295
00:08:21,440 --> 00:08:23,120
Creating low content books.

296
00:08:23,120 --> 00:08:23,960
Right.

297
00:08:23,960 --> 00:08:24,800
Or LCBs.

298
00:08:24,800 --> 00:08:25,640
What are those?

299
00:08:25,640 --> 00:08:28,720
Think journals, coloring books, planners.

300
00:08:28,720 --> 00:08:29,560
Okay.

301
00:08:29,560 --> 00:08:30,800
Basically books with simple designs

302
00:08:30,800 --> 00:08:32,400
that people can fill in themselves.

303
00:08:32,400 --> 00:08:33,240
Interesting.

304
00:08:33,240 --> 00:08:35,080
It seems almost too simple to be true,

305
00:08:35,080 --> 00:08:37,280
but the potential earnings are mind blowing.

306
00:08:37,280 --> 00:08:38,520
Okay, tell me more.

307
00:08:38,520 --> 00:08:39,920
Well, LCBs are a great way

308
00:08:39,920 --> 00:08:41,640
to tap into the self publishing boom.

309
00:08:41,640 --> 00:08:42,480
Okay.

310
00:08:42,480 --> 00:08:45,640
Platforms like Amazon KDP have made it easier than ever

311
00:08:45,640 --> 00:08:48,200
for individuals to publish and sell their own books.

312
00:08:48,200 --> 00:08:51,920
And LCBs are a low barrier to entry option.

313
00:08:51,920 --> 00:08:56,320
Mayo even mentioned someone making $177,000 per month

314
00:08:56,320 --> 00:08:57,400
selling LCBs.

315
00:08:57,400 --> 00:08:58,240
Wow.

316
00:08:58,240 --> 00:08:59,080
That's life changing money.

317
00:08:59,080 --> 00:09:00,000
Yeah, it is.

318
00:09:00,000 --> 00:09:01,440
And there's software available

319
00:09:01,440 --> 00:09:03,960
that makes the design process pretty straightforward.

320
00:09:03,960 --> 00:09:05,760
Even if you're not a design whiz.

321
00:09:05,760 --> 00:09:09,120
So it's a reminder that sometimes the simplest ideas

322
00:09:09,120 --> 00:09:10,440
can be the most profitable.

323
00:09:10,440 --> 00:09:11,280
Right.

324
00:09:11,280 --> 00:09:12,760
And by tapping into niche markets

325
00:09:12,760 --> 00:09:14,160
and creating high quality products,

326
00:09:14,160 --> 00:09:15,920
people are finding incredible success

327
00:09:15,920 --> 00:09:17,360
in this growing industry.

328
00:09:17,360 --> 00:09:19,240
So we've covered a lot of ground here

329
00:09:19,240 --> 00:09:21,280
from the unusual to the practical

330
00:09:21,280 --> 00:09:22,400
and everything in between.

331
00:09:22,400 --> 00:09:23,240
Yeah, we have.

332
00:09:23,240 --> 00:09:24,280
What are your initial thoughts?

333
00:09:24,280 --> 00:09:25,760
I'm overwhelmed, but excited.

334
00:09:25,760 --> 00:09:26,600
Yeah.

335
00:09:26,600 --> 00:09:28,400
What strikes me is how these side hustles

336
00:09:28,400 --> 00:09:30,760
reflect the changing nature of work

337
00:09:30,760 --> 00:09:33,040
and the rise of the gig economy.

338
00:09:33,040 --> 00:09:35,480
It's fascinating to see how technology

339
00:09:35,480 --> 00:09:38,160
is creating new opportunities for people

340
00:09:38,160 --> 00:09:40,720
to earn income and pursue their passions.

341
00:09:40,720 --> 00:09:41,360
Right.

342
00:09:41,360 --> 00:09:43,480
But we've only scratched the surface.

343
00:09:43,480 --> 00:09:43,880
Right.

344
00:09:43,880 --> 00:09:45,360
There's so much more to unpack.

345
00:09:45,360 --> 00:09:46,280
I came in there to for more.

346
00:09:46,280 --> 00:09:47,160
All right, let's do it.

347
00:09:47,160 --> 00:09:47,520
Yeah.

348
00:09:47,520 --> 00:09:50,600
Yeah, it really makes you think about how we define work

349
00:09:50,600 --> 00:09:51,440
these days.

350
00:09:51,440 --> 00:09:51,920
Right.

351
00:09:51,920 --> 00:09:53,760
You know, these side hustles blur the lines

352
00:09:53,760 --> 00:09:57,280
between traditional jobs and entrepreneurial ventures.

353
00:09:57,280 --> 00:09:57,640
Right.

354
00:09:57,640 --> 00:09:58,480
It's exciting.

355
00:09:58,480 --> 00:09:58,840
Exactly.

356
00:09:58,840 --> 00:10:00,320
And it's not just about the money,

357
00:10:00,320 --> 00:10:02,520
although that's definitely a motivating factor.

358
00:10:02,520 --> 00:10:02,880
Right.

359
00:10:02,880 --> 00:10:05,040
A lot of these side hustles offer a sense

360
00:10:05,040 --> 00:10:08,200
of autonomy and flexibility that you might not

361
00:10:08,200 --> 00:10:10,400
find in a typical nine to five job.

362
00:10:10,400 --> 00:10:12,960
It's about taking control of your time and your income,

363
00:10:12,960 --> 00:10:15,320
which is a huge draw for a lot of people.

364
00:10:15,320 --> 00:10:15,920
For sure.

365
00:10:15,920 --> 00:10:19,960
And speaking of control, let's talk about another side hustle,

366
00:10:19,960 --> 00:10:21,040
Mayo mentions.

367
00:10:21,040 --> 00:10:23,560
Charging electric scooters for companies like Lime.

368
00:10:23,560 --> 00:10:24,480
Charging scooters.

369
00:10:24,480 --> 00:10:28,080
Yeah, you use the app to find scooters that need juice.

370
00:10:28,080 --> 00:10:28,440
OK.

371
00:10:28,440 --> 00:10:30,160
Take them home to charge overnight,

372
00:10:30,160 --> 00:10:32,720
and then return them to designated spots.

373
00:10:32,720 --> 00:10:36,040
So basically, you're getting paid to be a scooter shepherd.

374
00:10:36,040 --> 00:10:37,160
That's a good way to put it.

375
00:10:37,160 --> 00:10:37,880
That's pretty cool.

376
00:10:37,880 --> 00:10:40,600
And it seems like it would be a good way to get some exercise.

377
00:10:40,600 --> 00:10:41,280
Yeah.

378
00:10:41,280 --> 00:10:43,600
And explore your city while you're at it.

379
00:10:43,600 --> 00:10:46,680
It definitely taps into the sharing economy

380
00:10:46,680 --> 00:10:49,600
and the growing popularity of micro-mobility solutions.

381
00:10:49,600 --> 00:10:50,120
Right.

382
00:10:50,120 --> 00:10:52,160
Plus, you're contributing to a greener mode

383
00:10:52,160 --> 00:10:54,560
of transportation, which is a nice bonus.

384
00:10:54,560 --> 00:11:00,240
Mayo says you can make between $5 and $12 per scooter charged.

385
00:11:00,240 --> 00:11:03,360
So if you hustle and charge 10 scooters in a night,

386
00:11:03,360 --> 00:11:06,680
you're looking at $50 to $120 for a few hours of work.

387
00:11:06,680 --> 00:11:07,640
Wow.

388
00:11:07,640 --> 00:11:09,000
Not bad for a side gig.

389
00:11:09,000 --> 00:11:11,800
Not bad at all, but we have to be realistic, right?

390
00:11:11,800 --> 00:11:12,240
Right.

391
00:11:12,240 --> 00:11:15,000
How feasible is it to consistently find and charge

392
00:11:15,000 --> 00:11:16,280
that many scooters?

393
00:11:16,280 --> 00:11:17,320
That's the key question.

394
00:11:17,320 --> 00:11:18,080
Yeah, think about it.

395
00:11:18,080 --> 00:11:20,240
How many scooters are available in your area?

396
00:11:20,240 --> 00:11:20,560
Right.

397
00:11:20,560 --> 00:11:23,200
How much competition is there from other chargers?

398
00:11:23,200 --> 00:11:25,760
And how much time are you willing to invest

399
00:11:25,760 --> 00:11:28,040
in driving around, collecting, charging,

400
00:11:28,040 --> 00:11:29,200
and returning scooters?

401
00:11:29,200 --> 00:11:29,960
Right.

402
00:11:29,960 --> 00:11:31,800
It might not be as simple as it sounds.

403
00:11:31,800 --> 00:11:32,840
Good point.

404
00:11:32,840 --> 00:11:35,640
It's easy to get caught up in the potential earnings

405
00:11:35,640 --> 00:11:37,440
without considering the logistics.

406
00:11:37,440 --> 00:11:38,320
Exactly.

407
00:11:38,320 --> 00:11:41,360
OK, so we've explored a wide range of side hustles

408
00:11:41,360 --> 00:11:42,200
from this video.

409
00:11:42,200 --> 00:11:42,760
We have.

410
00:11:42,760 --> 00:11:45,800
What are some of the broader themes that stand out to you?

411
00:11:45,800 --> 00:11:48,760
One theme that jumps out is adaptability.

412
00:11:48,760 --> 00:11:49,680
Adaptability?

413
00:11:49,680 --> 00:11:52,720
Yeah, the world of work is constantly changing,

414
00:11:52,720 --> 00:11:55,760
and these side hustles are a perfect example of that.

415
00:11:55,760 --> 00:11:58,240
You have to be willing to learn new skills,

416
00:11:58,240 --> 00:12:01,520
embrace technology, and be open to new opportunities.

417
00:12:01,520 --> 00:12:04,360
It's almost like a microcosm of the larger economic shifts

418
00:12:04,360 --> 00:12:05,320
happening right now.

419
00:12:05,320 --> 00:12:05,720
Yeah.

420
00:12:05,720 --> 00:12:08,440
The big economy, freelancing entrepreneurship.

421
00:12:08,440 --> 00:12:08,760
Right.

422
00:12:08,760 --> 00:12:11,160
These are all becoming increasingly common ways

423
00:12:11,160 --> 00:12:12,200
to earn a living.

424
00:12:12,200 --> 00:12:12,920
Absolutely.

425
00:12:12,920 --> 00:12:15,000
And it seems like having a side hustle

426
00:12:15,000 --> 00:12:16,640
is almost becoming the norm.

427
00:12:16,640 --> 00:12:18,080
It's definitely a sign of the times.

428
00:12:18,080 --> 00:12:18,600
Right.

429
00:12:18,600 --> 00:12:20,360
And another theme that's really apparent

430
00:12:20,360 --> 00:12:22,280
is the power of technology.

431
00:12:22,280 --> 00:12:22,800
Yeah.

432
00:12:22,800 --> 00:12:25,520
We're talking about side hustles you can do from your phone.

433
00:12:25,520 --> 00:12:29,360
It's incredible how accessible these opportunities are now.

434
00:12:29,360 --> 00:12:32,760
It's amazing to think that something as simple as a smartphone

435
00:12:32,760 --> 00:12:35,360
can be a tool for learning, connecting, creating,

436
00:12:35,360 --> 00:12:36,120
and earning.

437
00:12:36,120 --> 00:12:36,640
I know.

438
00:12:36,640 --> 00:12:37,400
It's crazy.

439
00:12:37,400 --> 00:12:39,200
But listen, I get carried away with all the excitement.

440
00:12:39,200 --> 00:12:39,800
Yeah.

441
00:12:39,800 --> 00:12:42,080
It's important to acknowledge that side hustles aren't

442
00:12:42,080 --> 00:12:44,480
a magic solution for everyone.

443
00:12:44,480 --> 00:12:44,920
Right.

444
00:12:44,920 --> 00:12:47,880
There are potential downsides and challenges to consider.

445
00:12:47,880 --> 00:12:48,760
Absolutely.

446
00:12:48,760 --> 00:12:50,480
Time management is a huge one.

447
00:12:50,480 --> 00:12:51,520
Time management.

448
00:12:51,520 --> 00:12:51,960
Yeah.

449
00:12:51,960 --> 00:12:56,520
Juggling a side hustle on top of other commitments, like a full-time job

450
00:12:56,520 --> 00:13:00,120
family or just life in general, can be incredibly demanding.

451
00:13:00,120 --> 00:13:02,400
It's easy to burn out if you try to do too much at once.

452
00:13:02,400 --> 00:13:03,120
It is.

453
00:13:03,120 --> 00:13:05,120
And I imagine it can be tough to draw boundaries

454
00:13:05,120 --> 00:13:07,080
between your side hustle and your personal life.

455
00:13:07,080 --> 00:13:08,160
Exactly.

456
00:13:08,160 --> 00:13:11,200
You need to be realistic about how much time and energy you

457
00:13:11,200 --> 00:13:13,680
can realistically dedicate to a side hustle

458
00:13:13,680 --> 00:13:15,560
without sacrificing your well-being.

459
00:13:15,560 --> 00:13:16,560
Right.

460
00:13:16,560 --> 00:13:18,280
And it's not just about time.

461
00:13:18,280 --> 00:13:20,880
There's also the potential for financial risk.

462
00:13:20,880 --> 00:13:21,240
Right.

463
00:13:21,240 --> 00:13:25,160
Some side hustles require upfront investments,

464
00:13:25,160 --> 00:13:27,960
whether it's equipment software or marketing materials.

465
00:13:27,960 --> 00:13:30,640
And there's no guarantee that you'll make back your investment,

466
00:13:30,640 --> 00:13:32,320
let alone turn a profit.

467
00:13:32,320 --> 00:13:34,240
It's important to treat a side hustle

468
00:13:34,240 --> 00:13:35,960
like any other business venture.

469
00:13:35,960 --> 00:13:36,560
OK.

470
00:13:36,560 --> 00:13:39,640
Do your research develop a plan and be prepared to put in the work.

471
00:13:39,640 --> 00:13:40,120
Right.

472
00:13:40,120 --> 00:13:42,680
Don't fall for those get-rich-quick schemes.

473
00:13:42,680 --> 00:13:48,480
And speaking of research, it's crucial to thoroughly investigate

474
00:13:48,480 --> 00:13:50,680
any side hustle before diving in.

475
00:13:50,680 --> 00:13:51,440
Yeah.

476
00:13:51,440 --> 00:13:54,680
Understand the market, the competition,

477
00:13:54,680 --> 00:13:57,480
the legal requirements, and the earning potential.

478
00:13:57,480 --> 00:13:59,440
You don't want to waste your time and energy on something

479
00:13:59,440 --> 00:14:02,680
that's already saturated or that you're not legally allowed to do.

480
00:14:02,680 --> 00:14:03,120
Right.

481
00:14:03,120 --> 00:14:04,480
And don't forget about taxes.

482
00:14:04,480 --> 00:14:05,000
Oh, yeah.

483
00:14:05,000 --> 00:14:06,000
Good point.

484
00:14:06,000 --> 00:14:08,760
It's easy to overlook the tax implications of earning income

485
00:14:08,760 --> 00:14:10,120
from a side hustle.

486
00:14:10,120 --> 00:14:10,600
It is.

487
00:14:10,600 --> 00:14:12,400
But it's important to stay on top of it

488
00:14:12,400 --> 00:14:14,400
and keep accurate records.

489
00:14:14,400 --> 00:14:16,720
It's always a good idea to consult with a tax professional

490
00:14:16,720 --> 00:14:18,400
to make sure you're meeting all the requirements.

491
00:14:18,400 --> 00:14:19,440
OK, to know.

492
00:14:19,440 --> 00:14:21,400
And beyond the practical considerations,

493
00:14:21,400 --> 00:14:22,920
there's also the potential impact

494
00:14:22,920 --> 00:14:24,720
on your mental and fiscal health.

495
00:14:24,720 --> 00:14:25,080
Oh, right.

496
00:14:25,080 --> 00:14:27,640
Side hustles could be incredibly rewarding.

497
00:14:27,640 --> 00:14:30,440
But they can also be stressful and time consuming.

498
00:14:30,440 --> 00:14:30,800
For sure.

499
00:14:30,800 --> 00:14:33,840
It's important to find a balance that works for you

500
00:14:33,840 --> 00:14:35,640
and to prioritize self-care.

501
00:14:35,640 --> 00:14:39,760
If your side hustle is causing you more stress than satisfaction,

502
00:14:39,760 --> 00:14:41,840
it might be time to reevaluate.

503
00:14:41,840 --> 00:14:45,360
Remember, it's supposed to be a positive addition to your life,

504
00:14:45,360 --> 00:14:46,800
not a burden.

505
00:14:46,800 --> 00:14:48,760
So we've talked about the potential downsides.

506
00:14:48,760 --> 00:14:49,400
Right.

507
00:14:49,400 --> 00:14:52,040
But let's not forget about the amazing benefits

508
00:14:52,040 --> 00:14:53,600
that side hustles can offer.

509
00:14:53,600 --> 00:14:54,200
Absolutely.

510
00:14:54,200 --> 00:14:56,880
The most obvious one is increased income,

511
00:14:56,880 --> 00:15:00,320
which can be a game changer for achieving financial goals,

512
00:15:00,320 --> 00:15:02,880
paying off debt, or just having more financial freedom.

513
00:15:02,880 --> 00:15:04,640
And beyond the financial aspect,

514
00:15:04,640 --> 00:15:06,960
side hustles can provide a sense of accomplishment

515
00:15:06,960 --> 00:15:07,560
and purpose.

516
00:15:07,560 --> 00:15:08,240
For sure.

517
00:15:08,240 --> 00:15:11,160
It's incredibly rewarding to build something from scratch

518
00:15:11,160 --> 00:15:12,920
and see your efforts pay off.

519
00:15:12,920 --> 00:15:16,320
It can also be a fantastic way to learn new skills,

520
00:15:16,320 --> 00:15:18,760
gain valuable experience, and expand

521
00:15:18,760 --> 00:15:20,320
your professional network.

522
00:15:20,320 --> 00:15:23,040
You might even discover hidden talents or passions

523
00:15:23,040 --> 00:15:24,240
you didn't know you had.

524
00:15:24,240 --> 00:15:27,120
And let's not forget about the flexibility and autonomy

525
00:15:27,120 --> 00:15:29,160
that side hustles often provide.

526
00:15:29,160 --> 00:15:31,600
You can set your own hours work from anywhere

527
00:15:31,600 --> 00:15:32,920
and be your own boss.

528
00:15:32,920 --> 00:15:35,120
It's all about finding that sweet spot where

529
00:15:35,120 --> 00:15:37,400
your skills, interests, and goals align

530
00:15:37,400 --> 00:15:40,840
with the demands of the market.

531
00:15:40,840 --> 00:15:43,120
So as we wrap up this part of our deep dive,

532
00:15:43,120 --> 00:15:46,520
I want to ask you, if you had to choose one of the side

533
00:15:46,520 --> 00:15:49,280
hustles we've discussed to try out yourself,

534
00:15:49,280 --> 00:15:52,320
which one would it be and why?

535
00:15:52,320 --> 00:15:53,600
That's a tough one.

536
00:15:53,600 --> 00:15:55,280
Take a moment to think about it.

537
00:15:55,280 --> 00:15:57,320
We'll be back in just a bit to wrap things up

538
00:15:57,320 --> 00:15:59,240
and offer some final thoughts on navigating

539
00:15:59,240 --> 00:16:01,840
the exciting world of side hustles.

540
00:16:01,840 --> 00:16:02,440
Welcome back.

541
00:16:02,440 --> 00:16:05,600
So we've explored a whole spectrum of side hustles,

542
00:16:05,600 --> 00:16:09,160
from the unconventional to the highly practical.

543
00:16:09,160 --> 00:16:11,960
Now let's try to distill some key insights from our deep dive

544
00:16:11,960 --> 00:16:13,640
into Joshua Mayo's video.

545
00:16:13,640 --> 00:16:14,680
OK.

546
00:16:14,680 --> 00:16:17,640
I think one of the biggest takeaways is the sheer diversity

547
00:16:17,640 --> 00:16:19,720
of the side hustle landscape.

548
00:16:19,720 --> 00:16:21,560
There truly is something for everyone,

549
00:16:21,560 --> 00:16:24,480
regardless of skills, interests, or available time.

550
00:16:24,480 --> 00:16:26,720
It's like a buffet of income opportunities.

551
00:16:26,720 --> 00:16:29,080
And it seems like technology plays a crucial role

552
00:16:29,080 --> 00:16:31,320
in making these opportunities accessible.

553
00:16:31,320 --> 00:16:33,720
We're talking about side hustles you can do from your phone.

554
00:16:33,720 --> 00:16:34,400
Exactly.

555
00:16:34,400 --> 00:16:35,160
That's incredible.

556
00:16:35,160 --> 00:16:35,720
Yeah.

557
00:16:35,720 --> 00:16:37,280
A lot of the side hustles we discussed

558
00:16:37,280 --> 00:16:41,040
wouldn't even be possible without smartphones

559
00:16:41,040 --> 00:16:42,640
and the internet.

560
00:16:42,640 --> 00:16:44,880
Technology has really leveled the playing field,

561
00:16:44,880 --> 00:16:48,640
empowering individuals to become entrepreneurs, freelancers,

562
00:16:48,640 --> 00:16:49,880
and creators.

563
00:16:49,880 --> 00:16:52,120
It's a reminder that we're living in a time

564
00:16:52,120 --> 00:16:54,240
of unprecedented opportunity.

565
00:16:54,240 --> 00:16:54,880
Yeah.

566
00:16:54,880 --> 00:16:58,000
But with so many options, it can be overwhelming.

567
00:16:58,000 --> 00:16:58,320
Right.

568
00:16:58,320 --> 00:16:59,480
To know where to start.

569
00:16:59,480 --> 00:17:00,320
It can.

570
00:17:00,320 --> 00:17:03,080
What advice would you give someone who's feeling a bit lost

571
00:17:03,080 --> 00:17:04,240
in the side hustle jungle?

572
00:17:04,240 --> 00:17:06,080
Well, my biggest piece of advice is this.

573
00:17:06,080 --> 00:17:06,400
OK.

574
00:17:06,400 --> 00:17:07,880
Do your research.

575
00:17:07,880 --> 00:17:10,920
Don't just jump into the first shiny side hustle

576
00:17:10,920 --> 00:17:12,040
that catches your eye.

577
00:17:12,040 --> 00:17:12,400
Right.

578
00:17:12,400 --> 00:17:15,080
Take the time to understand the market, the competition,

579
00:17:15,080 --> 00:17:17,600
the legal requirements, and the earning potential.

580
00:17:17,600 --> 00:17:19,080
It's like any other business venture.

581
00:17:19,080 --> 00:17:20,360
You need to have a solid plan.

582
00:17:20,360 --> 00:17:23,200
And speaking of planning, another key takeaway

583
00:17:23,200 --> 00:17:25,160
is the importance of balance.

584
00:17:25,160 --> 00:17:25,880
Absolutely.

585
00:17:25,880 --> 00:17:28,400
Side hustles can be incredibly rewarding,

586
00:17:28,400 --> 00:17:29,960
but they can also be demanding.

587
00:17:29,960 --> 00:17:30,360
Right.

588
00:17:30,360 --> 00:17:32,960
It's essential to find a sustainable rhythm that

589
00:17:32,960 --> 00:17:36,200
complements your life, not one that consumes it.

590
00:17:36,200 --> 00:17:39,440
Set realistic expectations for the time and energy

591
00:17:39,440 --> 00:17:41,880
you can dedicate and prioritize your mental

592
00:17:41,880 --> 00:17:43,160
and physical well-being.

593
00:17:43,160 --> 00:17:46,640
It's about finding that sweet spot where passion, purpose,

594
00:17:46,640 --> 00:17:48,160
and profit intersect.

595
00:17:48,160 --> 00:17:48,840
I like that.

596
00:17:48,840 --> 00:17:51,600
So as we wrap up our deep dive into this topic,

597
00:17:51,600 --> 00:17:53,760
I want to leave you with this thought-provoking question.

598
00:17:53,760 --> 00:17:54,560
OK.

599
00:17:54,560 --> 00:17:57,520
If you could design the perfect side hustle,

600
00:17:57,520 --> 00:17:58,800
what would it look like?

601
00:17:58,800 --> 00:18:00,880
What skills would you leverage?

602
00:18:00,880 --> 00:18:02,640
What problems would you solve?

603
00:18:02,640 --> 00:18:04,000
What impact would you make?

604
00:18:04,000 --> 00:18:05,560
That's a great question.

605
00:18:05,560 --> 00:18:06,960
Imagine the possibilities.

606
00:18:06,960 --> 00:18:08,680
And thanks for joining us on this deep dive

607
00:18:08,680 --> 00:18:12,040
into the exciting world of side hustles.