Fast Friday 5 Sidehustles - 001

If you’re new here, we turn $1 into thousands building these weird but simple side hustles. Welcome to Ghost Business 👻 Your (mostly) weekly email

🚨 Quick Story: How I plan on making $1,000 a month in profit with my property

I love BOXABL and will add one to my property soon to start cash flowing immediately, here’s why:

  • Rapid Deployment for Income: Deploy a Boxabl unit swiftly and have it ready for rent or occupancy far faster than traditional construction.

  • Affordable Investment Entry: Jump into the real estate market or expand your portfolio with an affordable, high-quality modular unit.

  • Ideal for Rental Properties: Perfect for Accessory Dwelling Units (ADUs), short-term rentals, or quick housing solutions to meet market demand.

  • Passive Income Potential: Generate consistent rental income by providing highly sought-after, modern, and efficient living spaces.

  • Scalable Portfolio Growth: Easily add more Boxabl units to expand your income-generating assets as your investment goals evolve.

p.s They have a unit for $60k which you can rent for about $1,500 a month, immediately earning $1,000 per month cash flow 😳 Check out your options now!

This is the Fast Five Friday, where you’ll see 5 quick ideas you can start for $100 and make $1000 next week!

1. From Home: Niche Digital Product Creator

  • The Idea: Create and sell a high-demand digital product like printable planners, specialized resume templates, or a simple e-book solving a specific problem (e.g., "10 Budget Meals for Busy Families").

  • How $100 Helps: Invest in a monthly subscription to a design tool like Canva Pro (around $15) for professional templates and stock photos, and use the rest for a basic landing page/website builder (e.g., a simple Squarespace or ConvertKit plan for a month or two, or even just Gumroad for selling). Promote on free social media platforms.

  • Path to $1,000/week: Sell a $20 product 50 times a week. Focus on creating valuable content that drives traffic to your product, leveraging platforms like Pinterest, TikTok, or niche Facebook groups. Once created, digital products are pure profit.

2. Home Service: Mobile Car Detailing (Basic)

  • The Idea: Offer basic mobile car detailing services (exterior wash, interior vacuum, window cleaning) for busy individuals or small businesses in your local area.

  • How $100 Helps: Purchase essential supplies: quality car wash soap, microfiber towels, interior cleaner, window cleaner, a bucket, and a portable vacuum (you might already have a good one). Use the remainder for printing simple flyers, business cards, and a few gallons of distilled water for a streak-free finish.

  • Path to $1,000/week: Charge $50-$75 per basic detail. Complete 15-20 details a week. Focus on building a strong local reputation through word-of-mouth, Nextdoor, and Facebook Marketplace. Offer loyalty discounts for repeat customers.

3. Food Business: Specialty Baked Goods (Cottage Food)

  • The Idea: Specialize in a unique baked good (e.g., gourmet cookies, artisanal sourdough, allergen-free treats) made from your home kitchen, following local "cottage food" laws.

  • How $100 Helps: Initial ingredients for a test batch and first few orders. You'll likely use existing kitchen equipment. Allocate funds for attractive, simple packaging (boxes, labels), and perhaps some food-safe bags. Check your local health department for specific cottage food requirements.

  • Path to $1,000/week: If a dozen specialty cookies sell for $25-$30, you'd need to sell about 35-40 dozen per week. Focus on farmers' markets, local pop-up events, online pre-orders, and catering small gatherings. High-quality ingredients and a unique flavor profile will drive repeat business.

4. AI Idea: AI-Powered Content Repurposing Service

  • The Idea: Offer a service to repurpose existing long-form content (blog posts, podcasts, videos) into multiple short-form pieces for social media using AI tools.

  • How $100 Helps: Invest in a monthly subscription to a versatile AI writing tool like ChatGPT Plus ($20/month) or a specialized content repurposing tool (some have free trials or low-cost tiers). The rest can go towards a simple online portfolio (using a free Google Site or Canva template) to showcase examples.

  • Path to $1,000/week: Charge clients per piece of long-form content or a monthly retainer. For instance, charging $100-$200 to convert a podcast into 10 social media posts, 5 short video scripts, and 3 blog snippets. You'd need 5-10 clients per week. Target small businesses, solopreneurs, and content creators.

5. Physical Product: Upcycled Furniture Flipping

  • The Idea: Buy inexpensive, used furniture (chairs, small tables, dressers) from thrift stores or online marketplaces, give them a stylish makeover, and resell them for a significant profit.

  • How $100 Helps: Focus on smaller pieces that require less material. Your budget covers sandpaper, primer, a couple of cans of quality paint or stain, new hardware (knobs, pulls), and perhaps a small brush set. Source furniture for free or very cheap (often $0-$20) from curb alerts or goodwill.

  • Path to $1,000/week: If you buy a piece for $10-20, invest $20-40 in materials, and sell it for $100-$200, you're making $50-$170 profit per piece. Aim to flip 6-10 pieces a week. Use Facebook Marketplace, local consignment shops, or even a small garage sale setup to sell your creations. High-quality photos are key!

(As usual each business will have it’s own setbacks, and it’s all about the execution and consistency rather than just having the idea)

It’s a great day to be great!

Love, Mike 👋 

p.s if you don’t like this style of email, I’ll never do it again! Reply here if you love or hate it!

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