EPP 071: How We Earned $10k With A Side Project – Case Study

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In this week’s episode of the Extra Paycheck Podcast I am sharing all the details of a business that was started without any experience and without investment (ok, $50 investment).

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business success story

A little while ago I created my very first physical product. To be more precise, the product was created by my girlfriend and I. It all started when I needed a very specific product for myself and I couldn’t find exactly what I needed so we decided to make our own. Eventually it hit us: If I likes this product there might be others who want it. Why not try selling it online?

Fast forward to today and out product is now being sold at Urban Outfitters. We made a very reasonable amount of money, especially considering the fact that we haven’t really put in any time into this. Most importantly, we have acquired a lot of new knowledge and experience and this is priceless.

For all the juicy details scroll up and press the PLAY button!

In this episode you will learn:

  • How a simple idea could be monetized
  • How you can get your products in front of thousands of people completely free
  • Why you do not need (almost any) money to start your own business
  • What role does experience play when starting a business (hint: none)
  • How to overcome roadblocks of any kind
  • … and a lot more!

 

You can subscribe to the Extra Paycheck podcast and review it on iTunes.

If you do have any comments or question, please do use the comment form below!

– Alex

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