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Q&A: “When is it worth spending money on your side hustle?”
Manage episode 479201997 series 2526728
What It’s About
Side hustles keep getting cheaper…
Notes from Chris
Episode 3038
Starting a side hustle often means getting creative with limited resources—using what you have, borrowing what you don’t, and learning to do more with less. But as your hustle grows, the question of when to invest in tools or services becomes critical.Today’s question comes from Clara in Toronto, who launched her business with just $50 and a borrowed camera. She wants to know how to balance staying scrappy with making smart investments to scale. Let’s dive into how to decide where to spend and where to save.
“Hi Chris, this is Clara calling from Toronto. My side hustle kicked off with just $50, a borrowed camera, and a lot of DIY spirit. Over time, I’ve seen some success, and now I’m torn about when—and where—to start spending real money. I love the creativity that comes from working with almost nothing, but I also know I might be missing out on growth if I don’t invest in the right tools or services. How do I figure out what’s absolutely worth paying for, and what I should keep hacking together on my own so I don’t lose the scrappy approach that got me here?”
Listen to today’s episode to learn more…
SEE ALSO:
- Catholic Designer Creates Stylish Apparel Line: What shall it profit a man to gain the whole world but not sell any t-shirts? This designer cast his bread upon the waters and ended up with a profitable fashion line.
- Seattle Couple Creates New “Income LiveStream”: When a married couple runs into logistical problems at their wedding, it leads to an innovative service that other engaged couples need during the pandemic.
- Role-Playing Pastor Rolls The Dice On $2800/Month Hustle: Listener success story! This Presbyterian minister turns to his lifelong interest in role-playing games to set up a sustainable second income source.
Inspiration is good; inspiration combined with action is better. Now get back to work!
Yours in the revolution,
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