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BAD ADVICEFILE No. 3515-R

How to Start a Side Hustle and Lose Money at Night

Turn your passion into profit in a few easy steps. Then turn your profit into a loss, and your passion into a tax question.

The internet says everyone needs a side hustle. Your main hustle, apparently, isn’t enough. You must now hustle sideways as well, at night, smiling into a ring light, while your employer sleeps soundly in a house you’ll never afford.

I support this. A side hustle is a wonderful way to discover that your hobby, which once gave you joy, can also give you invoices, one-star reviews and a tax question you’re afraid to Google.

Do what you love and you’ll never work a day in your life. You’ll work every day of it, after 9pm, at a loss.

Follow these steps and you, too, can be an entrepreneur for one financial quarter.

  1. STEP 1Identify a passion.
  2. STEP 2Buy $600 of equipment for the passion.
  3. STEP 3Make a logo.
  4. STEP 4Make a second, better logo.
  5. STEP 5Sell one item to your aunt, at cost.
  6. STEP 6Calculate your hourly rate: $0.38.
  7. STEP 7Sell the equipment for $90.
  8. STEP 8Try to return to having a passion. It's gone. It was the first thing you sold.
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