Young and Profiting (YAP) with Hala Taha
Nick Loper, Master the Art of Side Hustles to Create Lasting Freedom | Entrepreneurship | YAPClassic
Fri, 27 Dec 2024
Eager to use his spare time productively, Nick Loper started his first side hustle, ShoeSniper.com. Throughout the decade he spent running the footwear comparison site, he consistently experimented with other income streams, including freelancing, affiliate marketing, and self-publishing. But when his business hit one of its lowest points, Nick found himself asking, “What do I truly want to be known for?” While having dinner with his boss one night, he managed to beat the nerves and summon the courage to quit his job. Then, he poured his energy into building Side Hustle Nation, a community helping millions of people find freedom through side hustles. In this episode, Nick shares practical advice on how you can start and grow a profitable side hustle of your own. In this episode, Hala and Nick will discuss: (00:00) Introduction (02:35) Side Hustles That Stick (03:16) Breaking Your Comfort Zone (04:59) Nick’s First Side Hustle (08:05) Side Hustle or Second Job? (09:17) Why Millennials Love Side Hustles (11:00) Digital Tools That Make Side Hustles Easy (12:25) The Three Laws of Side Hustles (16:49) Simple Ways to Test Your Business Idea (20:28) Side Hustles You Can Start Right Now (24:23) Turning Niche Skills Into Big Cash (26:52) When Should You Quit Your Job? Nick Loper is the founder of Side Hustle Nation and the host of The Side Hustle Show, one of the top podcasts for entrepreneurs. His journey started while juggling a corporate job and building a footwear comparison shopping site on the side, which eventually led him to full-time entrepreneurship. Nick is the author of bestselling books like Buy Buttons and $1,000 100 Ways, offering actionable insights into building sustainable income streams. His work has been featured in Forbes, CNBC, and Entrepreneur, and his Side Hustle Nation community is a hub for thousands of hustlers worldwide. Resources Mentioned: Nick’s Podcast, The Side Hustle Show: https://apple.co/4fhvMCg Sponsored By: Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Found - Try Found for FREE at found.com/profiting Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new All Show Keywords: Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset. Career & Entrepreneurship Career, Success, Entrepreneurship, Productivity, Careers, Startup, Entrepreneurs, Business Ideas, Growth Hacks, Career Development, Money Management, Opportunities, Professionals, Workplace, Career podcast, Entrepreneurship podcast
Full Episode
Today's episode is sponsored in part by Robinhood, Airbnb, Shopify, Rocket Money, NordVPN, and Indeed. With Robinhood Gold, you can now enjoy the VIP treatment, receiving a 3% IRA match on retirement contributions. To receive your 3% boost on annual IRA contributions, sign up at robinhood.com slash gold. Hosting on Airbnb has never been easier with Airbnb's new co-host network.
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Get a $75 sponsored job credit at indeed.com profiting. Terms and conditions apply. As always, you can find all of our incredible deals in the show notes or at youngandprofiting.com slash deals. Yap gang, 2025 is a year of change for me. I'm single and there's nothing tying me down to Jersey anymore. And so I'm looking to set up residence in Texas or Florida.
And I've got to stay there at least six months and one day so that I can save on taxes and switch up my dating pool. Now it's a toss up between Miami and Austin. I'm super familiar with Miami, but I haven't really explored Austin much. And with so many entrepreneurs raving about it, I've at least got to test it out.
So I rented a beautiful home on Airbnb with my business partner this winter so that we could try out Austin and see if it's the right fit for us. Now, I don't really know what I'm going to do in terms of the city I'm living in next year for most of the year, but I do know what I'm going to do with my pad when I'm not in it. And that's hosting on Airbnb, of course.
The thing is, when it comes to hosting my place on Airbnb, I don't want to worry about the hosting part. I'm so busy with my company and my podcast, and now dating is also a full-time job. But now with Airbnb's new co-host network, I won't have to worry about it. That's right, hosting on Airbnb just got a whole lot easier.
With Airbnb's co-host network, you can hire a high quality local co-host to take care of your home and guests. Vetted on Airbnb, co-hosts have knowledge in the hosting space and can help get your investment properties set up for you. Imagine having somebody who can handle reservations, guest communication, and onsite support so that you can handle other things.
Now, while I'm busy finding myself a cowboy, you can go find yourself a co-host at airbnb.com slash host. Yep, gang, gang, gang. Earlier this week, we aired my latest interview with Mr. Side Hustle himself, Nick Loper. In that episode, we talked about his very first appearance on the show. That was episode 10, when he was one of my first ever guests. I was a baby podcaster in this episode.
Well, now's your chance to experience that conversation as well in this Yap Classic episode. Now, this was recorded back in 2018, so it may sound a bit different than the podcast does today, but this is so much more than just an interesting archive exercise. And that's because Nick shares some solid gold nuggets of wisdom that are still useful today.
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