ESI • July 27, 2018 • Newsletter
Last modified: April 24, 2019
My side hustle— buying profitable physical goods ecommerce websites— is something that is fascinating to me. It’s also a five figure monthly earnings stream that will support us nicely when I retire in a couple of years.
I’ve counseled families who have sold their businesses for three dozen years. Most don’t have a plan for their free time after the sale. Their business defines their persona.
I think the topic of what comes after retirement is not discussed enough. I’m looking forward to spending more time in all things ecommerce and accelerating into retirement excited about new challenges.
How do you find which ones are for sale and decide whether to buy these websites?
Starting a blog can be a great side hustle if you have something of value to share with the world. I never thought my blog would produce any income but suddenly it looks like I will be able to live on the income from the blog alone in the future.
To me, the bottom line is: If you have a passion about something you should definitely go for the side hustle. “Reason #1: Side Hustles Create Relationships” has a huge value, not only money-wise but also intellectually. Interacting with like-minded people raises your overall joy of life.
You can also use the side hustle to keep active after ‘FIRE’ if you wish to do so. What’s not to like?
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