Q&A: What if your drop-shipper drops out?

What It’s About

Today’s caller is worried about her drop-shipper dropping some balls.

Notes from Chris

Episode 1801

Welcome to a new week! Episode #1801!

Drop-shipping is the practice of having some other company send out the product you sell. You take in the orders, you send the shipping address to the drop-ship company, and they handle the physical shipment. In some cases, it’s a great way to not deal with inventory or warehousing or any of the complexities that come with shipping.

But of course, there are costs to doing this, and there’s also a vulnerability: if your drop-shipping company drops out—or drops the ball—who do you think the customer is going to blame? They ordered from you!

Today’s listener is in a bit of a dropship quandary. How can she protect herself?

“Hello Chris, this is Tori. I’m learning about drop-shipping, and have found a vendor that sells and ships expensive leather wallets and belts. It seems like a good market to go into. Even though there’s a lot of competition, there are also a lot of buyers. My concern is that this company isn’t very responsive. They respond to my emails slowly, if at all. I often have to ask two or three times to get a simple answer about something. I’m worried that I could end up selling for them and then have problems with customers not receiving the items. My customers would be mad at me, not the company, because I’m the one who sold it to me. Is there some way I can protect myself? And do you think it’s concerning that the drop-shipping brand is so unresponsive?”

Listen to today’s episode to learn more…

 


 

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

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Download Episodes By Months

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Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

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Resources

WEB HOSTING @ $2.49/MONTH

Want to build any kind of website for your hustle? If so, you'll need somewhere to host it! This is the reliable company I've used for many websites. It's cheap, flexible, and offers support 24-7.

Get your own hosting plan for just $2.49 a month!
Learn More

GET $625 IN FREE TRAVEL

Earn 50,000 travel rewards points (enough for 2 round-trip plane tickets or $625 in travel credit). You'll also earn 2x points on all travel and dining spend, with zero foreign transaction fees.

I use this card every day all over the world! ✈️ Learn More

Sponsors & Gratitude

Don't Do Business Without It

Side Hustle School is brought to you by American Express.

No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳 Visit American Express

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau

The Blog That Laid the Golden Egg

What It’s About

An accountant hatches a media empire centered on eggs.

[podcast_details]

Words of Wisdom

Lisa has shares some great advice about monetizing a blog, “Diversification is key! Don’t rely on one revenue source. And it’s important to write about something you really care about. It’s easy to get burned out writing about the same topic year after year.”

Fun Fact

A 2015 study showed that 93% of the 150 most populated cities in the United States allow backyard chickens. [Source]

Notes from Chris

Episode 1800
Lisa Steele was bored after leaving her accounting job on Wall Street. Her husband was in the Navy and had recently been stationed in Florida, which led Lisa to make a big change as well.

That year—2009—she bought some chickens to raise in her backyard. The next year she started posting photos on Facebook, sharing stories about her backyard flock. People loved learning how to raise chickens, but Lisa noticed she was answering the same questions over and over.

So in 2012 she started a blog called Fresh Eggs Daily. When someone on Facebook asked a question, she’d write an answer and post it online, along with a link to her blog where the post would remain available for years to come. When she learned she could earn money selling ads on her blog, that changed everything. Lisa began reaching out to some brands she liked to see if they wanted to advertise. She started charging $10 a month for an ad. Over the years she added more sponsors and raised her rates as her blog traffic grew. Today, the least expensive ad on her blog costs more than $400 a month. Now brands contact her instead of the other way around—and she’s very picky about who she works with.

Her first posts continue to be some of her most popular topics because they answer the most common questions about raising chickens. Things like healthy treats, how to raise baby chicks and what is molting? One of her posts about how to figure out how old store-bought eggs are went viral and was mentioned on Dr. Oz as well as in Cosmo. So what about the money? Well, get this! Lisa earned $23,000 that first year… and now a decade later she’s on track to gross $1 million, netting about $500,000 in profit.

Where’s the money coming from? Her ad revenue is her best earner, but she also sells a product line on Chewy and Amazon. She’s an Amazon affiliate and does sponsored posts.

Last but definitely not least are the royalties from the six books she’s written so far about raising poultry, including a children’s book and forthcoming cookbook.

It’s been a fun ride for Lisa, who now gets recognized on the street thanks to a local TV show she was featured on for a couple of years.

This side hustle allowed her husband to retire early from the Navy, making her the main breadwinner for their family. Going forward, she wants to bring her expertise to a national TV show. She still has the first dollar she earned framed and hanging in her chicken coop.

 


 

MENTIONED IN THIS EPISODE:

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

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Download Episodes By Months

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Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

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Resources

GET $625 IN FREE TRAVEL

Earn 50,000 travel rewards points (enough for 2 round-trip plane tickets or $625 in travel credit). You'll also earn 2x points on all travel and dining spend, with zero foreign transaction fees.

I use this card every day all over the world! ✈️ Learn More

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today! Learn More

Quote of the Day
"Diversification is key! Don’t rely on one revenue source. And it’s important to write about something you really care about. It’s easy to get burned out writing about the same topic year after year."
—Lisa Steele #SideHustleSchool

Sponsors & Gratitude

Learn More With Skillshare!

Supporting the sponsors keeps the show free. Today’s episode of Side Hustle School is brought to you by Skillshare. 📷

Skillshare is giving Side Hustle School listeners 2 months of unlimited access—for $0.99! Join the 2 million students learning everything from street photography to SEO on Skillshare today!
Get Started Here!

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.


Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau

Q&A: Why do so many apps push in-app payments?

What It’s About

Today’s listener wants to understand the best way to price his first app.

Notes from Chris

Episode 1799

What’s the deal with those in-app payments? The deal is they are making a lot of money for app developers and of course for Apple. These days it’s much more common to be able to download an app for free—with limited features—and then pay to unlock its full capabilities.

A listener is making his first app and wondering a bit about the best way to structure payments.

Also, just an idea here: could there be a subscription that unsubscribes you from subscriptions? Or looks for discounts? Just thinking out loud, let me know if you come up with it…

“I’m developing my first app, a tool to help people with specific activity goals. I’ve been thinking about this for years, and when I first had the idea, I assumed I’d sell the app for a single low-price, like a couple of dollars. Apps are an easy purchase and they reach a big audience, so if I got a couple of hundred people downloading mine every day, that would add up to real money. Of course, now every app is a subscription, so I’m wondering about how to account for that. Many people are tired of so many subscription payments, so right now I’m thinking I’ll stick with a single low purchase price and then you own it forever. However, no matter what I do with that decision, it seems there are now other pricing decisions to make as well. For example, some apps are free to download, but then you pay to unlock certain features. What’s the advantage of offering an app that way as opposed to just “Buy it now and access everything?””

Listen to today’s episode to learn more…

 


 

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter


Download Episodes By Months

Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP |

Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today! Learn More

GET YOUR FIRST 1,000 EMAIL SUBSCRIBERS

Social media is nice, but building an email list is still the single best way to get customers and clients for your hustle. It's not hard to get started—sign up for a 30-day trial and join the list-building challenge! You’ll be up and running in no time. Learn More

Sponsors & Gratitude

Don't Do Business Without It

Side Hustle School is brought to you by American Express.

No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳 Visit American Express

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau

Failure Friday: “Our first trade show was canceled with no refund…”

What It’s About

When the pandemic causes everyone to go into lockdown, this craftsman straps in and pivots.

Notes from Chris

Episode 1798

I believe we can learn as much from failure as we can from success, if not more. It’s with this principle in mind that I offer you a weekly segment called Failure Friday: a collection of short stories all about mistakes, missteps, disasters, and of course, failure.

Just like our Throwback Thursday segment, you’ll hear directly from side hustlers who have struggled to get something off the ground. They’ll tell you a short story of something that went very wrong.

The stories will vary, but often it starts with an idea, what they thought would happen and what really happened—and of course, what they learned.

Today’s short story features Chris Cavallari from a small workshop on the coast of Maine. We told the successful story of his handcrafted goods business on Episode #1089: Boy Scout Merit Badge Leads to Leatherworking Lifestyle. He actually references that Boy Scout work ethic in the story you’ll hear now.

Listen to today’s episode to learn more…

 


 

MENTIONED IN THIS EPISODE:

  • Thanks to Chris for sharing this transparent and truthful story. Check out his website at theacadian.me or follow him on Instagram at @the_acadian_maine.

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter


Download Episodes By Months

Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP |

Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today! Learn More

GET YOUR FIRST 1,000 EMAIL SUBSCRIBERS

Social media is nice, but building an email list is still the single best way to get customers and clients for your hustle. It's not hard to get started—sign up for a 30-day trial and join the list-building challenge! You’ll be up and running in no time. Learn More

Sponsors & Gratitude

Don't Do Business Without It

Side Hustle School is brought to you by American Express.

No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳 Visit American Express

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau

TBT: The Mushroom Kingdom of North Carolina

What It’s About

A champignon update from this fungi growing team.

Notes from Chris

Episode 1797

Welcome to Throwback Thursday / “Where are they now?” where we take an in-depth look at someone who’s story has evolved considerably since we first featured them.

Last week, we heard from a former attorney and White House aide who starts a service helping businesses with podcasts. It’s grown into a 7-figure operation!

Today, in our latest feature, we’re focusing on the Phenomenal Fungi business from Asheville, North Carolina.

We featured the founder Dave Eberhardt long ago in Ep. 1003: “Fun Guy” Becomes Spore-Adic Mushroom Farmer. Today we’ll hear from his partner Shannon Barrett. She comprises the C-Suite of the company. Dave looks after the mushrooms, Shannon does things like update the website and talk to us.

It’s been a busy year in the mushroom kingdom—they’re now selling about $20,000/month. Let’s hear directly from Shannon. I’ll be back at the end to wrap us up.

Listen to today’s episode to hear Shannon’s updates…

 


 

MENTIONED IN THIS EPISODE:

  • Thanks to Shannon for sharing her updates with us. Again, she runs the business with her partner Dave. Check out their website at PhenomenalFungi.com.

 

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter


Download Episodes By Months

Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP |

Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today! Learn More

GET YOUR FIRST 1,000 EMAIL SUBSCRIBERS

Social media is nice, but building an email list is still the single best way to get customers and clients for your hustle. It's not hard to get started—sign up for a 30-day trial and join the list-building challenge! You’ll be up and running in no time. Learn More

Sponsors & Gratitude

Don't Do Business Without It

Side Hustle School is brought to you by American Express.

No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳 Visit American Express

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau

Q&A: Where can you find products to resell over and over?

What It’s About

Today’s caller is in search of the perfect reselling product.

Notes from Chris

Episode 1796

Reselling is a simple business, and it’s easy enough to find something to sell once. Anyone can do it today.

But for a real moneymaker, you need a source of products you can go to over and over. Today’s listener wonders: where is it??

“Hey Chris, this is Tina from Boulder and I started listening to the show after reading The Money Tree.

I’ve been experimenting with reselling, and it’s fun. Last month I made a profit of $700 just from visiting thrift stores and an estate sale. But I also don’t see it expanding much if I keep doing it this way. I’m constantly selling one-off items. It would be much better to sell the same items over and over—but the problem is, I don’t know what those would be or where to find them. Aside from what I’ve been doing (the thrift stores, yard sales, and flea markets), how can I find products I could resell over and over? Thanks for your help.”

Listen to today’s episode to learn more…

 


 

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter


Download Episodes By Months

Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP |

Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today! Learn More

GET YOUR FIRST 1,000 EMAIL SUBSCRIBERS

Social media is nice, but building an email list is still the single best way to get customers and clients for your hustle. It's not hard to get started—sign up for a 30-day trial and join the list-building challenge! You’ll be up and running in no time. Learn More

Sponsors & Gratitude

Don't Do Business Without It

Side Hustle School is brought to you by American Express.

No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳 Visit American Express

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau

Unofficial Schitt’s Creek Cookbook Folds in the Cheese

What It’s About

It’s coming up Roses for these two sisters.

Words of Wisdom

Rachel shares an important reminder, “Don’t get stuck in analysis paralysis. If you spend too much time thinking about anything, you can talk yourself out of it.”

Fun Fact

Schitt’s Creek showrunner/actor Dan Levy was watching Keeping up with the Kardashians when the thought of them losing all their wealth gave him the idea for the show.

Notes from Chris

Episode 1795

What do you do when you can’t see family over the holidays because of the pandemic? You collaborate on a cookbook based on your favorite show… Schitt’s Creek.

Have you seen the show? If not, you won’t get all of the references here, but that’s okay because the story is complete without any preexisting knowledge. And maybe there’s a TV show you like that could do something similar.

As long as they can remember, sisters Hannah and Rachel Floyd always had money-making projects. Whether it was selling candy in grade school, baking cakes in high school, or cleaning houses in college, if there was money to be made, they were there.

So it was natural that another side hustle would bring these sisters closer together during the pandemic.

Like many of us during the long, lonely days of 2020 lockdown, Hannah and Rachel were frustrated. Hannah is a Speech Language Pathologist at a hospital in California and Rachel works for the Washington State Government. Getting together over Christmas was out of the question since travel between Washington and California was shut down due to COVID-19.

But they weren’t going to let distance stand in the way of being together. They just had to get creative.

The sisters brainstormed ways they could spend time together virtually and Rachel joked about making a cookbook based on Schitt’s Creek, their favorite show. They decided to run with the idea and Tastes Like Schitt was born.

They got to work creating funny recipe titles based on the show such as Fold in the Cheese Aaahnchildas and A Little Bit Alexis Latte and sent notes back and forth via a Google doc. They wrote the recipes and commissioned artwork for the cover from an artist on Etsy. They designed the book’s layout in Canva, the graphic design software. Total costs were just $200.

Hannah and Rachel decided to self-publish their cookbook on Amazon and hoped it would be available in time for Christmas. Unfortunately, it went live at the end of December, which meant they missed a big sales opportunity… but the sisters weren’t worried. They had no idea what the response would be and thought they might make a few hundred dollars—enough to cover flights to see each other when the pandemic was over.

Well, they were happily surprised to see their initial sales were much higher than their original goal. And nearly a year later, the book continues to sell well. How well? Their profit ranges from $1,500 to $3,000 per month and they expect to have strong holiday sales this year.

They already have plans for more cookbooks along with a secret project they’re not quite ready to talk about yet.

 


 

MENTIONED IN THIS EPISODE:

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter


Download Episodes By Months

Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP |

Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

WEB HOSTING @ $2.49/MONTH

Want to build any kind of website for your hustle? If so, you'll need somewhere to host it! This is the reliable company I've used for many websites. It's cheap, flexible, and offers support 24-7.

Get your own hosting plan for just $2.49 a month!
Learn More

GET $625 IN FREE TRAVEL

Earn 50,000 travel rewards points (enough for 2 round-trip plane tickets or $625 in travel credit). You'll also earn 2x points on all travel and dining spend, with zero foreign transaction fees.

I use this card every day all over the world! ✈️ Learn More

Quote of the Day
"Don’t get stuck in analysis paralysis. If you spend too much time thinking about anything, you can talk yourself out of it."
—Rachel and Hannah Floyd #SideHustleSchool

Sponsors & Gratitude

Try ShipStation for 60 Days FREE!

Today’s episode of Side Hustle School is brought to you by ShipStation, the #1 choice of online sellers. 📦

To get a 30-day trial AND an additional month free, click the microphone at the top of their page and enter the word HUSTLE.
Get it Here

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau

Q&A: “I’d like to write a financial newsletter for women…”

What It’s About

Today’s listener wants to publish a paid newsletter.

Notes from Chris

Episode 1794

Welcome to a new week!

Paid newsletters have really taken off. I mentioned one recently that earns more than $300,000 a year. And guess what? It’s not the only one.

One of the topics that is most lucrative probably isn’t shocking: financial analysis. Today’s listener has been paying attention, but she’s also noticed something else … something that might be missing from all of these newsletters and the small group of smart people who write them. She wants to change that and perhaps make a lot of money herself. I think she’s got a shot at it!

What can she do to get going?

“Hey Chris, this is Denise I just recently found your show. I’ve been investing in stocks, bonds, and mutual funds for over a decade. I’d like to start a financial newsletter for women. There are a lot of paid newsletters now, some of which are earning a ton of money, but almost all of the big ones are written by men. What’s the best plan to get my first 100 paying subscribers?”

Listen to today’s episode to learn more…

 


 

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Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

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To infinity and beyond,

Chris Guillebeau

Accountant Trades Active Clients for Passive Course Sales

What It’s About

An expat living in South Africa teaches a global audience on how to master their finances.

[podcast_details]

Words of Wisdom

Morgan shares some important advice about taking risks, “Magic happens outside of your comfort zone. Every time I feel nervous or scared about doing something, I get excited because I know it’s going to grow and shape me into something greater.”

Fun Fact

Morgan spends some of her time helping her husband run a non-profit called Rural Reach. It aims to help the rural communities in Southern Africa with health, education, and job creation.

Notes from Chris

Episode 1793
When Morgan de Klerk graduated with degrees in Accounting and International Business, she immediately went into the corporate accounting world, thinking that was the logical next step. But the long hours behind a desk felt like a waste, and Morgan knew there had to be more to life.

After a bit of traveling with her husband, she settled down (at least for a while!) in Cape Town, South Africa. There she offered bookkeeping services to clients, which snowballed into a global accounting practice called MDK Services. Morgan had a team of fourteen contractors, and says it was a great learning experience.

One of the things she learned is that many small business owners don’t want a bookkeeper—they want to learn how to do the books themselves.

In 2020, that realization inspired Morgan to start Master Your Finances, a bookkeeping, money, and tax course that teaches contractors, freelancers, and small business owners how to manage their own money.

It cost about $3,000 to build. Most of the money went to a web developer who helped with the online course platform and building a proper e-commerce website. The benefit to that approach is that the content is all hers and she has full control over how it’s presented. The challenge is that she needs her developer to make updates. Fortunately, she’s kept him on retainer.

The course now brings in profits of around $6,000 per month, and she’s hoping to hit six figures in 2022.

Morgan’s ultimate goal is to eventually stop offering accounting services all together and just focus on the course. She still has one large accounting client that she enjoys being hands on with, but the rest of her time is spent leading the course and helping students.

All things considered, Morgan loves the freedom of running her own business. She works about 20 hours or less per week and spends the rest of her time outdoors with her husband and kids (she has a one-year-old and another baby on the way). Some of that time is spent helping her husband run a non-profit called Rural Reach. It aims to help rural communities in Southern Africa with health, education, and job creation.

Going forward, Morgan plans to keep growing the bookkeeping course and bringing in more students.

 


 

MENTIONED IN THIS EPISODE:

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter


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Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

GET $625 IN FREE TRAVEL

Earn 50,000 travel rewards points (enough for 2 round-trip plane tickets or $625 in travel credit). You'll also earn 2x points on all travel and dining spend, with zero foreign transaction fees.

I use this card every day all over the world! ✈️ Learn More

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today! Learn More

Quote of the Day
"Magic happens outside of your comfort zone. Every time I feel nervous or scared about doing something, I get excited because I know it’s going to grow and shape me into something greater. "
—Morgan de Klerk #SideHustleSchool

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Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.


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To infinity and beyond,

Chris Guillebeau

Q&A: How can I sell different kinds of content in a bundle?

What It’s About

Today’s listener wants to know the pros and cons of selling content as a bundle.

Notes from Chris

Episode 1792

Today’s caller is making a podcast, video series, and maybe something else. All of it will be for sale, but they aren’t sure how to package it. Should it be a single “bundle” or sold separately?

This is an example of the kinds of things you need to decide when you’re making something available for sale. This question in particular might apply to anyone who’s selling information or an educational product of any kind, or to any creator who’s trying to build their brand with more than one form of media.

“If I develop a podcast, a series of educational videos, and maybe some other forms of content, could I sell a subscription to all of them as a bundle? In other words, customers would pay one price to access everything instead of just one private podcast feed or series of videos? This way, there would be multiple entry points and I’d ultimately reach more people.”

Listen to today’s episode to learn more…

 


 

SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter


Download Episodes By Months

Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP |

Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today! Learn More

GET YOUR FIRST 1,000 EMAIL SUBSCRIBERS

Social media is nice, but building an email list is still the single best way to get customers and clients for your hustle. It's not hard to get started—sign up for a 30-day trial and join the list-building challenge! You’ll be up and running in no time. Learn More

Sponsors & Gratitude

Don't Do Business Without It

Side Hustle School is brought to you by American Express.

No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳 Visit American Express

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.
Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!


To infinity and beyond,

Chris Guillebeau