Want to start a mobile coffee business without the overhead of a brick-and-mortar café? Vlad Priadko didn't want to sign a lease, hire a staff, or take on the overhead of a coffee shop. He wanted the margins on coffee without the building. So he built a coffee bike instead — an espresso setup mounted on an electric-assist cargo trike — and started riding it to the people. Eight years later, Coffee…
I love a good rental business: buy something once and get paid for it over and over again. It’s a cool model, and this week’s guest found a creative approach to it in the mobility scooter niche.
What if a spare closet could turn into a farm, a warehouse, and 70 acres of land? That's roughly the path Kyle Beaver took. Kyle runs Ten Mile Mushrooms in rural Pennsylvania, along with Pro Grow Club, and he grows gourmet and medicinal mushrooms like oyster, lion's mane, and reishi. Before mushrooms, Kyle spent two years working state fairs in Pennsylvania, selling stuffed pretzels out of a food…
Getting paid to eat at restaurants, tour apartments, and run your car through the wash 20 times in an afternoon? That's mystery shopping — a $2 billion industry most people have never heard of. Mercedes Eckert has been doing it for 13 years and has helped over 25,000 shoppers get started through her company, iShopAGP.com. Her personal best: $600 in a single day without getting out of the car. She…
Last month I put out a call for listeners to share the most random ways they've made extra money, and the responses did not disappoint! Some side hustles start with a business plan. Others start with a stranger in a parking garage asking if you want to get paid to drink beer. That one actually happened to me in Atlanta. The woman worked for a market research company, and they needed taste-testers…
Buy a boring business, they said. It’ll be easy. It’ll be fun. That’s the dream Andrea Palacio and her husband chased when they bought a landscaping company. The road got bumpy fast, but they still added around $300,000 in equity value in just a couple of years. Andrea Palacio runs AndreaPalacio.ai, where she helps other business owners put AI to work. But before that, she and her husband lived on…
Is there really such thing as free money? Well, it depends on what you consider "free." Money is almost always an exchange for value. But over the past few years, I’ve discovered a bunch of ways to make extra money with very little effort. We'll call it "almost free" money.
Here’s a proven path to $150 an hour, right from home. Maybe you’ve got a good job you like. But when you look ahead, the salary ceiling feels capped, the red tape runs deep, and the chances to move up are slim. At some point it hits you: this path won’t get me where I want ... Read more
I recently participated in a paid focus group in San Francisco. You know, the kind with the one-way mirror on the wall. We talked about travel habits and preferences for an hour and half, and I got paid $150 for my time and opinions. Not bad!