Alan R. Simon

Side Hustles For Dummies


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Sandy isn’t even close to being done with his narrowing down and filtering. He decides to focus on baseball cards. But what kind? The baseball-card world is divided into different eras:

       Vintage (basically, older cards from before around 1980)

       The so-called “junk wax” era from the mid-1980s to the mid-1990s

       Modern and ultra-modern cards that came after the “junk wax” era ended

      Sandy decides to focus on vintage cards. However, stop me if you’ve heard this before, he still has some more narrowing-down to do! He could specialize in:

       Individual cards

       Cards for specific baseball teams

       Unopened packs and cases of old cards (yes, they still exist)

       Complete sets for a given year

      

Sandy can also head right for the techie world for his sports collectible–related side hustle by focusing on non-fungible tokens (NFTs), a hot new area in the sports marketplace (as well as the art world and other areas of society). An NFT is a unique “digital asset” (basically, an online image, audio clip, or video) that uses blockchain technology to essentially make that digital asset behave as if it were a physical “piece of something” that is actually owned by someone. Sandy obviously doesn’t have any NFTs stashed away in those cardboard boxes up in his attic, but as he jumps into a sports-collectible side hustle, he absolutely could find something interesting and potentially lucrative related to NFTs.

      

If you don’t have a clue about blockchain or NFTs and you’d like to learn more, check out Blockchain For Dummies, 2nd Edition, by Tiana Laurence (Wiley) or NFTs For Dummies by Tiana Laurence and Seoyoung Kim, PhD (Wiley).

Side-Hustle Topical Areas Example Subcategories
Beauty and appearance Haircutting and hairstyling, women’s haircutting and hairstyling, hair blowouts, manicures and pedicures, eyebrow microblading, laser hair removal
Health and exercise Outdoor biking, stationary biking and spinning, hiking, weightlifting, resistance training, martial arts
Home-design services Furniture layout, kitchen remodeling, home exteriors, backyard design, firepits
Fashion Women’s clothing, vintage women’s clothing, jewelry and accessories, vintage jewelry

      

You can “package up” as many different side-hustle ideas as you have time for or that make sense for you. You aren’t even limited to ones that are closely related to one another, such as baseball and football cards, or hair and eyebrow microblading. Be careful not to spread yourself too thin, especially as you’re first getting started in the world of side hustles.

      You’ve selected your side-hustle topical areas to focus on, and you’ve decided what sort of side hustle to do (providing a service, selling something, delivering content, or monetizing an asset). Guess what: Your decision-making still needs to march ahead! Now you need to decide how you’re going to take your side hustle to market and how you’re going to reach prospective customers.

      You could

       Go to market totally on your own.

       Leverage an online marketplace.

       Join a multilevel marketing (MLM) organization.

      Going to market on your own

      You can start, build, and run a side hustle that is structurally identical to a full-time business. Breanna went down this particular side-hustle road for her online boutique. She built a simple website and Shopify store and is doing her own social-media marketing. She lined up her suppliers and set aside a spare bedroom in her house to serve as a warehouse and shipping area. She processes customer orders as they come in and then packs and ships each outgoing package herself.

      But other than the product-versus-service and fashion-versus-tech differences, Brian’s side hustle is very similar to Breanna’s. He also built his own website and has been doing online targeted ads to drum up business. Basically, Brian’s side hustle mirrors that of his sister in terms of going to market as a microcosm of a larger business.

      Leveraging an online marketplace

      Rather than try to market and advertise your side hustle totally from scratch, you can get a head start by posting your services on an existing online marketplace that’s widely known and that your potential customers frequently visit to find providers for what you’re selling.

      Keith is a software engineer at the same company where Brian works, and he also wants to start a software development side hustle. Keith, however, doesn’t have the patience to set up his own website or to do his own targeted marketing on social media to try to find business.

      Instead, Keith lists his services on Fiverr, an online marketplace where people and businesses come to find contractors for software development, video