My side gigs almost always involve a little physical labor. Everyone writes code, but how many people do small-scale manufacturing of wood products?
Its hard to compete with bigger shops, but selling on platforms like Etsy (so long as you are willing to bet on yourself) can be semi-lucrative.
Running the numbers this morning since a friend asked, in the past 117 since I started my latest side-hustle selling wooden things, I've done 245 orders, selling 251 items for a total gross revenue of $5,612.19. It isn't retire to a private island money, but it covers the costs it is supposed to (mortgage & utilities). I usually let these hustles go a year before deciding to give up or invest more time and energy.
A modest home, in a LCOL area, purchased in the 90s or early 2000s, could have an annual mortgage in this range. Post 2020 may be higher (on the same mortgage) with insurance rate increases.
Its hard to compete with bigger shops, but selling on platforms like Etsy (so long as you are willing to bet on yourself) can be semi-lucrative.
Running the numbers this morning since a friend asked, in the past 117 since I started my latest side-hustle selling wooden things, I've done 245 orders, selling 251 items for a total gross revenue of $5,612.19. It isn't retire to a private island money, but it covers the costs it is supposed to (mortgage & utilities). I usually let these hustles go a year before deciding to give up or invest more time and energy.