Chapter
Finding Success in Up and Coming Platforms with Existing Demand
13:28 - 19:27 (05:59)
Focusing on up-and-coming platforms with less competition can be a perfect place to start a new side hustle. Existing marketplaces with established demand, like Airbnb, can also be a lucrative area to provide the supply side while understanding how to perform best and gain traction.
Clips
The hosts discuss their success in investing in an email newsletter by buying it for less than $400 and growing it to $14k a month.
13:28 - 15:07 (01:38)
Summary
The hosts discuss their success in investing in an email newsletter by buying it for less than $400 and growing it to $14k a month.
ChapterFinding Success in Up and Coming Platforms with Existing Demand
Episode#194 with Justin Mares - The 4 Types of Side Hustles and how to launch a $100M DTC brand
PodcastMy First Million
This podcast discusses two buckets of side hustles.
15:07 - 17:58 (02:50)
Summary
This podcast discusses two buckets of side hustles. One is buying an asset like a home or internet company with existing marketplace demand, such as Airbnb, and providing the supply side. The second is buying an asset and adding value to it to increase its worth and profitability, like improving a home or website to generate higher income.
ChapterFinding Success in Up and Coming Platforms with Existing Demand
Episode#194 with Justin Mares - The 4 Types of Side Hustles and how to launch a $100M DTC brand
PodcastMy First Million
The podcast speaker highlights the benefits of focusing on up and coming platforms with low competition as a great place to start creating content.
17:58 - 19:27 (01:29)
Summary
The podcast speaker highlights the benefits of focusing on up and coming platforms with low competition as a great place to start creating content. By being one of the first to create in-demand content for an emerging platform, success can come quickly, as seen through examples on Udemy and Amazon.