Nick Loper
speaker
293 appearances
3 recordings
1 series
first heard Dec 2024
last heard Feb 2025
Nick Loper’s voice in public audio — every appearance, attributed to the second.
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Appearances
But once you get it rolling, the momentum can start to compound and the motivation can start to compound, especially if you start to see some results and then you really feel the need to keep going at it. But you carve out that time because otherwise it's like, you know, I've been guilty of having I'm a to-do list junkie, and sometimes a to-do list will say things like, write book.
There is never, never going to be an uninterrupted eight-week block of time to go and write this thing. So instead, trying to break it down into the smallest actionable steps that you might be able to accomplish or might be able to start on in that 15, 30-minute block of time. Like, okay, maybe I can outline chapter one, or maybe I can start to chip away at this daunting project people talk about.
eating an elephant, which is like the weirdest metaphor of all time. But you know, it's just one bite at a time, one step at a time.
The first thing that comes to mind is actually keeping track of what I call your personal profitability. This is, even if you don't have a side hustle, even if you don't have a business, you are the CEO of your own life. And that means you're in charge of how profitable am I as an individual, as a household? And this is simple equation, income minus expenses.
And a lot of people have a sense of their salary or how much they're making. But like, have you ever gotten really honest and granular about what are my actual outflows? Because every month, my wife and I, we look at the credit card statement, you're like, whew, a little bit higher than it normally is.
But it's like, oh, we bought plane tickets or we had that garage repair, you know, but it's like, we have one thing in our mind of like, you know, what the base level expenses is. And then another one that's like the reality. And so I'm trying to get honest and like, well, how profitable was it? Having that conversation and keeping track of that on a monthly basis, I think is really important.
You know, the IRS will ask you for your adjusted gross income and all these weird acronyms and measures, but they don't care about how much did you actually keep? What was the actual profitability of your household? I think it's really important to get a pulse on that.
the secret to a profitable life is, again, I wish I had like the one word soundbite. What comes to mind is this willingness to experiment. And it comes down to like this, you know, house painting thing in college where they let you get several steps down the interview process before they even tell you it's house painting.
And then by that time you're kind of bought in and you're like, well, do I really want to do that? And my girlfriend, you know, my future wife, she was like, It's three months of your life. Who cares? If it sucks, it sucks. It's not going to kill you. And that kind of experimenter's mentality has paid off over and over again. What's the realistic worst case scenario?
If it's not life-threatening and the upside is strong enough, it probably is worth a shot. And that's something that we've seen over and over again, separating the...
side hustle show guests that are having success versus the people who are perpetually stuck on the sidelines, this willingness to take step one, even if they don't really know what steps two through 10 are, it's kind of that unlock that really helps people work for profits and not wages ultimately, and unlock that next level of personal freedom, financial freedom, for sure.
Side hustle nation.com is the home base. We'd love to have you tune into the side hustle show. You find it in all your favorite podcast apps. I know we talked about a lot of different side hustles in this episode, but side hustle nation.com slash ideas. If you would like even more as kind of our annual updated list of the best that we found.
You bet.
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