At this point, you most likely know what you’d like your side hustle to be. You’ve narrowed down your niche, looked into the feasibility of it, set expectations with your loved ones and defined what systems need to be created. Now it’s time to look at the money. 

Making money is thrilling when you start a side hustle. Generating a dollar out of thin air, instead of going into a job is exciting, and not always so easy. Here are a few things you will want to keep in mind when it comes to making money in your side hustle.

Define What You’re Selling

The first thing you need to do is define what you’re selling. Because you’ve already narrowed down your niche, you know who you will be serving – so now it’s time to really dig in to what you’ll be selling them. If you’ve decided that you are going to sell website design packages, what exactly are in those packages? Detail out what you’re selling so you can put it into a proper proposal. 

If you are having trouble defining this, just set a timer for 20 min and brainstorm all the things you could sell your target customer. You don’t have to offer it all, but if you can get it all out on paper you should be able to create a compelling package. Just remember not to overload yourself in the beginning – you want to make sure you can deliver. 

Make It Recurring

If you can create a way to bring in recurring revenue, you’ve hit side hustle gold. Recurring revenue is great for a lot of reasons, but the main one is that you sell once

The first time Denzel Valentine ever freestyled for anybody was in middle school.

He came home from class and sat with his older brother, Drew, who asked how his day went. The future Bulls shooting guard told his brother he had a few bars to get out.

Seconds later, he had a YouTube instrumental track pumping through their computer speakers and dropped a smooth flow for a kid in middle school.

“I was like OK, man,” Drew said. “I remember telling him he’s gotta put in the work if that was something he wanted to do on the side.”

Drew and Denzel grew up listening to Biggie, Tupac and Snoop Dogg and transitioned to Jay-Z, Nas and 50 Cent as they got older. Their dad, Carlton, had them listening to everything.

The second they jumped in his car, driving through Lansing, Michigan, the music was turned as loud as it could go. The only time it got lowered was when Carlton paused to ask them, “Do you know what that word means?”

Music was an outlet but also a tool, and Carlton never wasted a moment to inspire and educate his sons.

Those were bonding moments, but they were also moments that sparked a passion in Denzel beyond basketball.

“Music was a big part of our life growing up,” Denzel said. “In high school, we used to do beats and freestyle at the lunch table. Then in college, Eron Harris transferred in from West Virginia, and he was making music on his laptop. One day he said, ‘try it.’ ”

Valentine tried rapping on one of Harris’ beats and was hooked.

This summer, he has been in the gym and the studio. He doesn’t have a specific date in mind, but before the 2020-21 season, Valentine will drop his debut

The first time Denzel Valentine ever freestyled for anybody was in middle school.

He came home from class and sat with his older brother, Drew, who asked how his day went. The future Bulls shooting guard told his brother he had a few bars to get out.

Seconds later, he had a YouTube instrumental track pumping through their computer speakers and dropped a smooth flow for a kid in middle school.

“I was like OK, man,” Drew said. “I remember telling him he’s gotta put in the work if that was something he wanted to do on the side.”

Drew and Denzel grew up listening to Biggie, Tupac and Snoop Dogg and transitioned to Jay-Z, Nas and 50 Cent as they got older. Their dad, Carlton, had them listening to everything.

The second they jumped in his car, driving through Lansing, Michigan, the music was turned as loud as it could go. The only time it got lowered was when Carlton paused to ask them, “Do you know what that word means?”

Music was an outlet but also a tool, and Carlton never wasted a moment to inspire and educate his sons.

Those were bonding moments, but they were also moments that sparked a passion in Denzel beyond basketball.

“Music was a big part of our life growing up,” Denzel said. “In high school, we used to do beats and freestyle at the lunch table. Then in college, Eron Harris transferred in from West Virginia, and he was making music on his laptop. One day he said, ‘try it.’ ”

Valentine tried rapping on one of Harris’ beats and was hooked.

This summer, he has been in the gym and the studio. He doesn’t have a specific date in mind, but before the 2020-21 season, Valentine will drop his debut