Side Hustle Spark 272: Annuity.org–Not all passive income requires a side hustle

A reader recently pointed me to annuity.org, which reminds us that sometimes we can just let some stashed cash do the work for us.

Passive Income Streams by Kim Borwick explains a few of the benefits of income sources requiring financial research and strategy vs. the ‘produce-and-market’ approach of many side hustlers.

A few highlights:

— “A passive income stream can mitigate the effects of financial shocks, especially for people in retirement who are on a fixed income.”

— “For example, diversification lets investors achieve two goals simultaneously: increase their rate of return and reduce risk.”

— “Similarly, laddering can eliminate the rigidity of an annuity contract, allowing you to take advantage of rising interest rates.”

— “These income sources can allow you to save for retirement or meet current financial obligations” without “the lack of quality family time and personal connection common among dual-earner households (including side hustlers).”

— The author closes with a list of additional ideas for passive income, many of which you might have considered, but in this world of ‘info-barrage’, a few reminders never hurt. PLUS, conditions and circumstances in 2021 change so fast, an idea ignored one day might be just the ticket for extra cash the next.

Side Hustle Spark 269: Advice and Inspiration, via Twitter

From the Department of Short and Sweet, But Valuable Just the Same:

I’ve already pointed you to:–Hustle & Conquer

And I think the same creator tweets content through Side Hustle Journey–multiple Twitter accounts…something you might consider.

I also like…

The Growth Hub

The Smart Money

You just never know when or where you might hit upon a strategy or digital tool or kick-in-the-rear that launches you forward.

Good luck, side hustlers.

Side Hustle Spark 268: Ben Hawes, Side Hustle Coach and measure your side hustle success

Here is the latest from my Scoop-it page:

Click the above image to view a 90-second tour of the sites.

Here are the links to the sites highlighted in the video:

https://www.recruiter.com/i/side-hustle-smarts-5-metrics-to-measure-success/

Meet Ben Hawes: Side Hustle Coach

2 Side Hustles Without the Hustle

5 Metrics to Measure Side Hustle Success

Forge ahead, solos!

Side Hustle Spark 261: Interesting keyword/topic research tool–Answer the Public

Not easy to read, but this is a visualization of just the 46 side hustle-related questions generated by answerthepublic.com. Right-click and download the image to get a better look at the result or click the screenshot below for a 5-page PDF of the entire 326 results.

If you want a different approach to keyword research for blog topics or product or marketing ideas, give this site a try.

Side Hustle Spark 256: Keep generating ideas…marketing, promotion, products.

Photo by CJ Dayrit on Unsplash

I ran across this photo and it immediately revived my appreciation for Become An Idea Machine by Claudia Azula Altucher and James Altucher.

A few quotes from this ‘best-bargain-around’** book’s foreword by James:

“…idea generation, of the good kind, the kind that helps you AND OTHERS, which is the type you will exercise in this book, is worth ten times that, or more.”

“You can’t trust the old style of thinking anymore…You have to come up with a new way of thinking, a new way of having ideas…we can train it (the mind) to work for us, and to move us in the direction of a life of fulfillment. One day at a time.”

“The way is this: Come up with ten ideas a day.
That’s it.”

“Coming up with ten ideas a day is like exercise. And exercise makes the idea muscle grow stronger.”

***

** The Kindle version is 99 cents. Yes, 99 cents! For a 251-page ebook with lots of…you guessed it, IDEAS!
The link to the book is an affiliate link. If you happen to buy the book through that link, it doesn’t NOT affect the price, but it does give me a small commission, which I’ll be using to buy my small island in the Caribbean…or the yacht I’ll need to get to that island…or my therapist who’s exhausted himself trying to dispel my daily delusions.

Here is my original post on inventwithwords.com.

Side Hustle Spark 253: Topic ideas from Blog Tyrant–hack list, expert roundup, and more

I really do appreciate Blog Tyrant.

This 2019 post19 Different Types of Blog Posts That Work For Any Niche is a prime example of evergreen content that you might want to revisit every month.

I know I’ve been banging the ‘blog post’ drum a bit lately, but I’m hoping one or more ideas will resonate with you.

Forge ahead!

Side Hustle Spark #246: Practice makes you less sucky (Free chart from Austin Kleon)

Austin Kleon, one of my favorite authors and inspiration to keep making stuff, recently issued a challenge to suck less.

His words: “

Something small, every day, adds up to something big over time.

What should you practice? Whatever you want to suck less at.”

Go to his 30-Day ‘Practice and Suck Less’ challenge page and download his PDF. Two copies are printing out as I’m writing this…assuming my printer is on…then again, maybe it’s not printing out because I’m too lazy to get up from my standard morning ergonomically-challenging, splayed-across-the-bed work position…

You might be asking, ‘so what do I practice?’.

  1. Writing copy
  2. Sketching
  3. Brainstorming
  4. Researching online with a five-minute constraint
  5. Speed reading
  6. Scanning/copy/pasting from a web resource into a document you can use
  7. Text-to-speech [Your blog posts/sales copy into audio.]
  8. Audio creation
  9. Video creation
  10. Editing/paring down your copy
  11. Making your creative/side hustle tasks a bit more fun.

Keep your sessions short and snappy.

Go ahead and suck less!

***

And now, time for my book recommendations…

These seven titles are go-to sources of inspiration and valued experience. These are affiliate links which, if you use to preview and buy the product, won’t raise the product’s price and will earn me a commission. At that point, I’ll be that much closer to buying that unclaimed island in the Caribbean. Please don’t ask for the island’s coordinates. It is mine and you can’t have it. ;->

This list cuts across so many lines of productivity and accomplishment. Whether you use my links or go elsewhere, get your hands on these.

Side Hustle Spark 243: Blog Topic Generator from webfx.com

CLICK THE SCREENSHOT ABOVE FOR A 2-MINUTE DEMO
OF WEBFX.COM’S TOPIC GENERATOR

I know there are other blog topic generators out there, but I really preferred this one over the others.

It didn’t limit me to a single week’s worth of possible titles and it was seamless in its delivery.

The ‘Google This Idea’ button is another plus.

And think of it…you don’t have to limit yourself to your side hustle topics.

Use it to come up with new product and service ideas.

If you dabble in fiction, why not enter ‘Big Bad Wolf’ and see what ideas emerge?

Side Hustle Spark 241: This Is Marketing (Seth Godin)

Click the above word cloud for an excerpt to:
Seth Godin’s This Is Marketing: You Can’t Be Seen Until You Learn to See

Along with the notions in the word cloud, three favorite points:

“Marketing doesn’t have to be selfish.”

“It’s easier to make products and services for the customers you seek to serve than it is to find customers for your products and services.”

This excerpt closes with: “Time to stop looking for shortcuts, and time to start insisting on a long, viable path instead.”

For a number of other related resources, click:

To Seth’s blog.


For a subject-by-subject look at sidehustlecurator,
check out my Posts Organized by Topic page.

Forge ahead, side hustlers!

Side Hustle Spark 240: A video-cruise of Pinterest for winning ideas

Click the image above for a 90-seconds of idea-shopping in Pinterest…

Why watch the video?

  • Snappy words/phrases that speak to you or your customers
  • Product/service ideas you hadn’t considered
  • New customers
  • New websites/resources you hadn’t considered
  • Pinterest pin design strategies
  • A reminder to use Pinterest for the occasional brainstorming exercise

and some of the listings may actually affirm a strategy or product line you’ve already followed/created.
Nothing wrong with a little reassurance, right?

So pause this masterpiece where needed.

I hope this steers you to something new, profitable, or reassuring.


For a subject-by-subject look at sidehustlecurator,
check out my Posts Organized by Topic page.

Forge ahead, side hustlers!