Living The Red Life - Red Life Side Hustles

Episode Date: March 16, 2023

Turning your half-baked idea into something that is completely cooked as a side hustle could be your pathway to millions! On this offbeat episode of Living The Red Life, our host Rudy Mawer (AKA the M...an in Red) is sharing the news that he’s working on a TV show about stupid side hustles — and so he’s been suitably inspired by some of the ideas that he’s come across.From flipping couches to installing ATMs at locations needing cash, and from the similarities of OnlyFans to the coaching modality, Rudy has seen it all lately — and he’s sharing all he’s learned with us.Internet money provides freedom, and there’s a plethora of ways for you to start something on the side and turn it into something big somewhere down the line. Or really soon if your idea is red hot.This is where to start to understand the psychology of buying patterns and the psyche of Red Life Living. Earning money the smart way is a life hack that will make you way happier. Come and get involved.“How do you bridge that gap between ‘stupid idea’ and ‘million-dollar business’?” ~ Rudy MawerThe first 1000 to click here and send the promo code from the podcast can claim one of my courses for FREE!  - https://m.me/rudymawerlife In This Episode:- Stupid Side Hustles - The TV Show- Money as a life hack and driver of happiness- Starting an ATM business as a side hustle (leasing one for $2K a month)- Getting paid to take someone’s couch away - and then flipping it- Finding a gap in the market where your passion also lies- How can you ‘add on’ to your vertical?- How OnlyFans is similar to the coaching modality- Understanding the psychology of buying patterns- Pushing yourself to that next level if you want fast growth- What makes a good side hustle? - How making money on the internet provides freedom- Online opportunities that exist for you to start a side hustleAnd more!Connect with Rudy Mawer:LinkedInInstagramFacebookTwitter

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Starting point is 00:00:00 Money is a massive driver of happiness, right? And security and health and wealth is all combined together. So learning how to control your money is super important for anyone listening. And if you have friends, family members that aren't in control of their money, but they've got the entrepreneurial spirit and they want to get out of a nine to five, or they've maybe been laid off and they're figuring out what's next, send them this episode. Please, please do your part. Send them this episode because I know it's going to help. So let's dive into side hustles. Let's talk about different side hustles and what we look for. My name is Rudy Moore, host of Living the Red Life podcast, and I'm here to change the way you see your life in your earpiece every single week. If you're ready to start living the red life, ditch the blue pill, take the red pill,
Starting point is 00:00:43 join me in Wonderland and change your life. Guys, what's up? Welcome back to another episode of Living the Red Life. Today, we are going to talk about red life side hustles. Why do I like side hustles? Well, side hustles is where many of the greatest businesses begin, okay? Many of the billion dollar brands started with a side hustle or an entrepreneur that was doing a lot of side hustles as a teenager. And that's where they got the book, the entrepreneur book. And I did, you know, what you would call a side hustle for many years. Right. And I helped, you know, I earned money as a teenager and then into, you know, my 18, 19, 20, 21 different side hustles. And then I actually was doing about five, 10 grand a month with a few
Starting point is 00:01:25 side hustles, which led me to where I am today, which is a big business, a big company, which I'm super excited to run now. And it all started with side hustles. So we're going to talk today about different side hustles. What is a side hustle? What are the best side hustles, the pros and cons? And if you're listening to this, Ryan, you're an entrepreneur, then there's a the best side hustles, the pros and cons. And if you're listening to this, right, and you're an entrepreneur, then there's a lot of side hustles out there that you could be doing to add extra income, right? And it's all high profit, which you can take that money and reinvest in your business, right? Now, if you're a multi-millionaire, you might not be starting a new side hustle, but it might be someone for your friends, your family, your children, right? A cousin that's trying to get out of it.
Starting point is 00:02:05 So I think you'll get a lot of ideas and find some of them entertaining, right, along the way. And if you didn't know, we're currently at the time of recording this, we're filming a TV show called Stupid Side Hustles. So I've been deep in the world of side hustles. I've been learning about them, helping run some, auditing them. And part of the show is to assess, hey, is this a stupid freaking idea or is this a million dollar business, right? And how do you bridge that gap between stupid idea and million dollar business? So some of the side hustles that I've been diving into for our show is monkeys at parties, right?
Starting point is 00:02:41 Someone that takes animals, exotic animals to parties, to children's parties. Someone that buys a bunch of cars and Turo's them out. If you don't know what Turo is, it's kind of like Airbnb for cars, right? And then we've got some side hustles that are stuff like OnlyFans, right? Some of the top creators on there that are earning millions of dollars a year on OnlyFans. And we actually have a couple of our mastermind members featured, one of which is local and has an ATM business. He started with one ATM, turned it into a million dollar business in three years and now has about 150 ATMs. Another one is two young guys in Chicago that flipped couches. They started flipping couches on Facebook, you know, flipping a couple of months as a side hustle, making a few hundred dollars.
Starting point is 00:03:29 Now they're making tens of thousands of dollars and they've built a whole business, a furniture flip business from that initial side hustle, right? So, and the messaging here is, hey, this is entrepreneurship at its greatness. This is what entrepreneurship really is. It's taking this random concept, this random idea, and then through a lot of imagination, blood, sweat, and hard work, turning it into a big side hustle that helps you quit your job. And in many cases, right, some of these side hustles become a million dollar business, right? And if that's not American entrepreneurship at its best, I don't know what is. And that's why I love it because it's the root of the economy, right? It's the root of what most people can attach themselves to. Most people can't be the $10 million CEO like I am, right?
Starting point is 00:04:12 They, you know, for a lot of people building a million dollar business is life-changing or even doing a side hustle that's making five, 10 grand a month is life-changing, right? So now if I can support people like you, right, to start doing that, right, or people out there listening that are in a nine to five right now,
Starting point is 00:04:30 or they aren't in control of their money, I always say being in control of your money and knowing how to make more money is one of the biggest life hacks, right? It's one of the biggest happiness hacks because money is a massive driver of happiness, right? And security and health and wealth is all combined together. So learning how to control your money is super important for anyone
Starting point is 00:04:51 listening. And if you have friends, family members that aren't in control of their money, but they've got the entrepreneurial spirit and they want to get out of a nine to five, or they've maybe been laid off and they're figuring out what's next, send them this episode. Please, please do your part. Send them this episode because I know it's going to help. So let's dive into side hustles. Let's talk about different side hustles and what we look for, right? So like I said, there's a big range of side hustles. I'm going to talk about some of the side hustles coming up on my new show, Stupid Side Hustles. That will be streaming soon on a lot of major platforms that you can watch. OK, and we'll start with the ATM business. Right.
Starting point is 00:05:28 The reason I love this is it can become a side hustle and it could flip and turn eventually into a multi-million dollar business. Right. So the individual and the side hustle here that we're talking about, that's going to be in the show. I won't name names to spoil the show, but we're actually going to help them go to, you know, Morty Millions and then turn it into an educational product and really become the authority around that business. And he's done an amazing job to go from one ATM to over 120 or 150. And now he's doing a million dollars a year. Right. And in just three years. And the message here is we'll talk about the mechanics of the business. But the message here is, we'll talk about the mechanics of the business, but the message here is he started with one ATM, guys. He started with one ATM and you can
Starting point is 00:06:11 all do the same. There's so many of you out here listening and you're going to give excuses. You're going to give reasons why you can't do this, okay? You can literally go out there and you can lease an ATM. You don't have to spend two grand on it. You can find ATMs and start your side hustle right now. Okay. Other people like the couch flipping, they literally started by taking used couches, worn old couches and got paid to take them away. So you literally can get paid to take couches away. You don't even have to pay for the couch and then you flip it. Okay. There's people like me, millionaires or people that, you know, maybe older, they don't use social media or they're busy. They have a couch that's worth $200. They don't have the time, energy, they don't care enough
Starting point is 00:06:55 to go and list that, right? Like if I go and buy, my last couch I bought was $8,000. The couch that I had previous to that was $3,000. And the one previous to that was $500. The $3,000 one I cared about, I put it in a storage unit, right? I actually gave it to my mom. But the one before that, I didn't care about. I just got rid of, right? And it was like a hassle to do that. And most furniture stores charge hundreds of dollars.
Starting point is 00:07:19 So part of what makes a great side hustle is finding gaps in the market, right? So there's a gap in that market where people want to get rid of their couches or figure it out and furniture stores charge for it. So they figured out, hey, there's a gap where we can get them for free, right? The ATM gap was, hey, there's a lot of companies, right, that need ATMs in their locations because it actually helps increase sales because they're a cash intensive business, right, that need ATMs in their locations because it actually helps increase sales because they're a cash intensive business, right? Think about gambling arcades, places that don't use credit card much, right? Smaller businesses that don't want to accept credit card as much, right? They might do cash only. So they found a gap too, right? And there's millions of side hustles out
Starting point is 00:08:04 there. So think about, hey, for you, if you were looking at side hustles or looking even at a new business, and this is true for big business, not just side hustles, what is that gap in the marketplace? What is it something you're passionate about, right? So I actually, quote unquote, had my first side hustle at like 12 years old. I was buying and selling games on the internet. And what I figured out as a 12 year old, my parents weren't wealthy. I didn't get this from anyone. I just like was good at math and I liked money and I liked gaming, right? Whoa, whoa, whoa. Wait a second. Before we go into the rest of this episode, I'm going to interrupt abruptly and just ask you one
Starting point is 00:08:42 big favor. I hope you're getting a ton of value, a ton of knowledge. I hope you're getting some breakthroughs from myself and the guests. And I want one thing in return. What I would love is for you to subscribe and leave a review. The reviews and the subscription grows the podcast. It allows me to bring you even better guests. It allows me to invest even more time and money into this podcast to bring you the latest and greatest, the best entrepreneurs from around the world that are crushing life, crushing their business, and giving you all the tools, the mindset hacks, the knowledge, and the environment you need to be successful. So do me a favor, if you've got any amount of value from today's episode so far, or any
Starting point is 00:09:19 previous episode, or any of the content I've done, it would mean the world to me if you hit a five-star review, give us your feedback on the show, the episodes and subscribe and download. Plus, if you do that and send me a screenshot on Instagram at RudyMoreLife, I will send you a bunch of my free training, marketing courses, sales courses worth $499. Yes, $500 worth of courses for a simple 30 second review. It would mean the world to me. Send me that screenshot. I would love for you to leave that review and I would appreciate it very, very much so we can keep growing this show and make it awesome. So let's get back into the episode. I appreciate you guys and let's dive back in. So what I figured out was, hey, all the games,
Starting point is 00:10:00 right, like PlayStation games sell for 40 pounds, English pounds. That's what they sold for, right? So like $50. And I was like, every brand new game that comes out, no matter what game it is, it's 40 pounds. It's not cheaper. It's just like, it's never cheaper. So I go, well, how can I get these games cheaper at wholesale? And through my connections, which I figured out, right, I had a friend that could get them wholesale and I could get them cheaper. So then we got these games cheaper and then we would flip them
Starting point is 00:10:28 and sell them for a few dollars less than the full price, right? And it's amazing because now, obviously I don't care about a few dollars, but most people, if they can buy a game for $38, 38 pounds instead of 40, they're going to go do it, right?
Starting point is 00:10:42 So for that $2 difference or two British pounds, right? So for that $2 difference or two British pounds, right, pounds difference, people are going to buy on eBay versus the store. So, and obviously this was, you know, 20 years ago when Amazon wasn't around, right? And people couldn't get stuff online as easily. So eBay was a great place to do it. So I figured out that gap in the marketplace and my first side hustle was flipping games right and then I continued right and I was doing fitness but actually got into freelance writing as a side hustle while so I was writing fitness content on the side while personal training this was great
Starting point is 00:11:17 for me because I enjoyed writing I enjoyed learning I enjoyed studying I enjoyed producing this final article this piece of science research and fitness knowledge that was super beneficial. And I worked my way up. I started writing for free and then I actually got $30 gig. So I was getting paid $30 and I was always like a big time for money guy. So I was, I would time myself. I would do these within an hour and I was earning as much as a personal training session, but I didn't have to leave my house. So it was like add on right in my spare time. And then I got up to a hundred dollars and then I got a two and then I started getting $200 articles that I could do in like 90 minutes. I'm like that, you know, and obviously in my early twenties, this is like a lot of money, right? It's like $200 an hour almost. So I'm like, this is crazy. And then I kept working another year on the side, doing this with my other stuff. And I'm like, this is crazy. And then I kept working another year on the side, doing this with my other stuff. And I started getting paid a thousand dollars. Then I remember I got in Oxygen magazine, one of the biggest fitness health women's magazines. And I think
Starting point is 00:12:15 I got paid two and a half thousand dollars. Obviously I spent a little more time on that, probably spent five hours, but it was still $500 an hour, right? For my time. And obviously it was free exposure. I got published to millions of people, right, for my time. And obviously it was free exposure. I got published to millions of people, right? Some people now in my marketing business world will pay 10 grand to get in a magazine like Forbes, right? So I actually got paid to get in there. So, and that all started from a side hustle, right?
Starting point is 00:12:39 So there's a lot of great business that can start from side hustles, a lot of great ideas. And there's so many fundamental elements of a side hustle that you find in big box business too, right? Finding opportunity, starting small, testing the market, and then building up, building that portfolio, right? And then another important part of side hustles is finding add-ons, right? So like when I was doing the article writing, I said, well, can I do social
Starting point is 00:13:05 media content? Can I do other copywriting on top? When I was selling games, it was like, well, I was doing well selling new games. I was like, can I sell accessories? Can I sell used games, right? Secondhand games. So you've got to always look the same in business. Like, hey, I'm doing well in this vertical. How can I add on to that, right? You know know we just did an interview for some where you know we're casting right now for our only fans part of the stupid side hustle series right so uh very controversial but fascinating topic right which exploded during covid um and then talking to these big influencers and only fans adult actresses right? It's like looking at that business model and how it's the same business model in that industry
Starting point is 00:13:49 that none of us probably know or most of us don't compared to internet marketing and business and e-commerce, right? In that business model, they're doing the same model that we do in business. They're having low ticket, free content, right? And then it pushes to a bridge page to upgrade. Then they build this subscription model of their loyal fans and following and they're posting regularly. And then they have a VIP and then they have a one-on-one,
Starting point is 00:14:15 right? And it's the same as that business model is like the internet marketers, my world, what we charge, right? Hey, you can join the group. You can join the membership site, the community. you can get work with our team, you can have, and then you can work one-on-one and get one-on-one coaching. And it's that like funnel, right? And it's the same in that business, right? Too. And, you know, some of these, as we're doing this interview series and casting series, some of them are earning a million dollars a year and it's crazy how much they're earning, you know, and you see these viral trending posts all the time, right? Like teacher quits job $40,000 a year salary to join OnlyFans, right? And it's just fascinating that an industry like that, very different industry versus our industry, a lot of the similarities exist, right? Which is about the
Starting point is 00:15:03 psychology of buying patterns, right? is about the psychology of buying patterns, right? And understanding the psychology of buying patterns is the same as me selling games when I was 12 versus couch flipping versus ATMs versus OnlyFans. And that's why I love to do this TV series, because not only am I helping them and showing them how big business works, right? And how it's the same in the side hustle, but helping them see the vision of how much bigger it can be. And obviously part of living the red life, part of this podcast series, part of what I do, if you follow me, is trying to help you see bigger, right? And look at, hey, what I'm doing now, I'm playing small, right? And one of the biggest things you'll find in life is you're
Starting point is 00:15:45 constantly playing small and it's only time and progression that shows you that. So part of my job and what I see my job is for you is to like show you you're playing small, right? If you're in a side hustle right now, look at how do I turn that into a million dollar business? If I'm in a nine to five right now, push yourself. How do I start a side hustle and make five, 10 grand a month to quit my nine to five that I hate, right? And if you're already the millionaire, it's like, well, how'd you go bigger? How'd you have multiple companies? How'd you go to 10 million, right? Whatever you want to achieve in your life, I'm not trying to force anything on you, but there's always that next level, okay? And it's always important if you want to have fast growth
Starting point is 00:16:24 to keep pushing yourself to that next level, right? So we's always important if you want to have fast growth to keep pushing yourself to that next level, right? So we've talked about a few different side hustles that are part of the TV show, right? We've talked about the connection between business and psychology and buying patterns and some of the most randomest side hustles out there. And there's many more on the show, which I'm excited for you guys to see when it goes live at the end of this year. And then let's talk now about what makes a good side hustle, right?
Starting point is 00:16:50 You're probably here listening, like what is a good side hustle? What are some of the best side hustles, right? There's so many side hustles out there. And in my new book, Living the Red Life, one section actually talks about 50 different online businesses, online side hustles that you can start,
Starting point is 00:17:06 okay? And obviously, I love online part of the red life is making money on the internet because that equals freedom, right? A lot of you lock down and the internet can give you freedom. I traveled the world for two years without a house. I literally got rid of my house, put all my stuff in storage, and I literally traveled the world for almost two years before COVID. It gives you an insane amount of freedom. So look for side hustles if you want that freedom that is going to allow you to travel. It's going to allow you to work from a Starbucks and then the ocean and then your family if you want to go visit for a month and then maybe you want to go to the other side of the world and do a month in Thailand, right? So any sort of online business, selling products online, working as an assistant online,
Starting point is 00:17:51 writing content online, learning basic marketing skills such as social media, video editing, right? There's so many online opportunities that are out there for you that you could learn, that you could figure out, that you could start working on to start your side hustle today that could, right, just like me, it could turn into a profitable big business. And who knows, for a few of you, can't guarantee this,
Starting point is 00:18:15 but for a few of you, could turn even into a million dollar business. And like I always tell my members, the key is starting today. So go and look at the list of side hustles. Go and look at all the opportunities out there and then tell yourself that you can do it, right? Because the biggest thing stopping you isn't all the reasons you're telling yourself is why you can't do it. They're
Starting point is 00:18:34 called limiting beliefs. The only thing stopping you is yourself. It's yourself believing that I can go and do it and fail forward, okay? Pick the list, look at the side hustles, do some research. If my TV shows out by the time this, you know, you're listening to this, maybe down the line, go and watch my TV series, go and pick up my book, Living the Red Life, if that's published by this time and read those side hustles, pick something you're passionate about, something you're skillful in, something you feel you could enjoy because part of living the red life is building a life of wealth, but also enjoyment, right? And then go all in, go all in, don't be afraid to fail, right? And if you work a nine to five, be okay, getting home at five o'clock and then working from six till 10 on your new business, on your new side hustle, because that's
Starting point is 00:19:21 what it takes, right? And many of the greatest businesses in America were built with that same pattern, right? In a job, hated my job, quit the job, started something, and voila, it's now a billion dollar company, okay? And that can happen for you too in terms of leaving your job and starting a new company, maybe not the billion dollar part, but that can happen for you too if you commit to that process. If you're willing to go home tonight, okay, when you're listening to this, and instead of watching Netflix, instead of cuddling with your husband or wife, it's you sitting at a computer for four hours, right? Maybe it's on the couch so that they can cuddle you still, but it's spending that four hours working on your business,
Starting point is 00:20:00 working on a new blog, working on building your website. You know, I use ClickFunnels, but you can use any website builder, working, going through eBay and buying stuff that you resell for double the price, right? You've got to know the opportunities out there and the world of side hustles is ever growing, right? You know, like I said, there's some people come in on our show with 15 different cars, okay? And they're car fanatics. And they figured out how can I take my, you know, my passion for cars, buy 10, 15 cars, make a profit, have them all paying themselves off.
Starting point is 00:20:33 And now my passion is ignited because I have 15 cars to play around with, or 10 cars, right? And if you're a car junkie, that's an awesome life. That's better than the nine to five you hated. You're making more money doing something you love, right? And that's the definition of living the red life. So I hope you enjoyed today's episode talking about the world of side hustles, learning a little bit about my journey when I started and how side hustles for me led to a million dollar business
Starting point is 00:20:58 and how you can find that too, right? How can you find and start somewhere? How can you start that journey? How can you have the right mindset to start those side hustles? And it really is a crazy world out there. If you're not interested in starting a side hustle, then maybe this episode wasn't meant for you. It was meant for someone you know, someone you care about,
Starting point is 00:21:20 someone that you're passionate about helping and you are here to listen to this episode because it's now your job, duty, and responsibility to pass that on, right, to someone that needs to hear this, right? Because it's your responsibility to share that wealth, that knowledge, as well as my responsibility, right? I'm here recording this for you to maybe go and share this to someone that you can have an impact on, right? Whether it's a cousin, right? A niece, a nephew, maybe it's a friend in a bad spot that's in a job they hate. They've worked for 20 years and they think that's all that life is, right? And this message and this podcast today is to show them that's not it.
Starting point is 00:21:56 Actually, there's this whole world out there, especially using the internet, where they can probably replace their nine to five and build that dream life, okay? And that's what we're all about here. And I hope you enjoyed this episode. Until next time, keep living the red life and I'll see you guys soon. Let's start a side hustle together. Take care. Ladies and gentlemen.

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