Notes from Chris

Episode 348

Before we even talk about his side hustle, let’s talk about Neel Vasavada’s unconventional day job. He’s sales and operations manager for a company that provides equipment to major stadium tours and festivals. He works with big bands like Metallica & U2, major festivals like Lollapalooza and Bonnaroo, and big events like The Superbowl.

Pretty cool on its own! On the side, he runs a motorsports electronics company called Apex Speed Technology that provides electronic systems to high-end motorsports and custom vehicles and research & development.

So here’s the interesting thing: Neel’s side hustle WAS his day job as the owner of the company, but as the market changed and it became less sustainable. He says he’s having more fun and being more productive now than he ever did when it was his full-time job.

Not everything is amazing; his “day job” has many challenges. The “side hustle”—formerly his main business—can in no-way impede on that day job, so he has to be mindful of how he balances things. He’s still working and traveling a lot, but he says he has a better relationship with his son that he ever has, he’s healthier than he’s ever been in his life, and he truly feels job-satisfaction. But he never expected things to work out as well as they have, with the challenging, yet fulfilling day job, and the side hustle that used to bring in $2m a year without making money, and now brings in $2-4k/month in mostly profit.

When it was a small company, it did two million in annual revenue but didn't make any money. Now he pulls in $2-4k a month, and it’s mostly profit. Which sounds better to you?

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MENTIONED IN THIS EPISODE:

• Apex Speed Technology Services: Learn more about the business that became a side hustle on Neel's website

SEE ALSO:

• GE Engineer Sells Hand-Crafted Slate Artwork to All 50 States: A GE engineer uses his skills to make and sell hand-crafted slate artwork to all 50 states. In addition to bringing in a great side income, it’s also given him more courage and security to make decisions at his day job
• Resourceful College Dropout Earns Two Paychecks from One Employer: A corporate employee takes charge over a new branch of the company he works at and ends up creating a second income for himself. Don’t fire your boss… get them to pay you twice!
• Wine Expert Loses Job; Becomes House Painter Earning $150,000/Year: After rejecting the extravagant spending associated with the high-end wine industry, an Alberta man looks to get back to his roots and ends up transitioning to something completely new

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

Yours in the revolution,

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