The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Hustling my way up from $100

Tubs

KIWAMI!
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Apr 5, 2019
79
120
126
21
VA
Yesterday after paying my rent and utilities I realized I only had $100 left in the bank.

Yikes. Thats a few meals worth of food. I dont even have a job, so no paycheck coming in either!

So I figure theres no better motivation to start hustling than this! I happen to be house sitting for my parents while they're away so I have access to a car(usually I just have a bike) So my plan is to sell a bunch of my old stuff off on ebay, do labor gigs on craigslist, and possibly buy and flip some stuff.

I started yesterday and I already made $205 selling stuff on ebay. I'm gonna keep this up and see how much money I can make hustling this month.

Total cash: $305
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Creep

Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Apr 29, 2019
70
44
55
Are you flipping or just selling your stuff? Can you live cheaper to avoid rent?
 
OP
OP
Tubs

Tubs

KIWAMI!
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Apr 5, 2019
79
120
126
21
VA
What will you do when the stuff runs out?
Right now the plan is to do labor gigs, theres a lot of offers to help people move in my area. Also maybe flip stuff if I find a good deal.

Are you flipping or just selling your stuff? Can you live cheaper to avoid rent?
Right now Im just selling my own stuff to raise some cash. Might try flipping once I have some money.
As for living expenses I've already got them as low as I can at the moment. I live off about 650-750 a month. Problem was that I was working on a product for the last few months and wasn't doing anything to earn money on the side so my savings got depleated, then I ended up canceling the project so I didnt even end up making money off it.

Learned my lesson though, im gonna actively keep up a side hustle from now on till my next buisness starts bringing in enough dough.
 

Creep

Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Apr 29, 2019
70
44
55
No shame in picking up a part time job.
Why drop your product project entirely? Cant you pick it up later?
 
OP
OP
Tubs

Tubs

KIWAMI!
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Apr 5, 2019
79
120
126
21
VA
No shame in picking up a part time job.
Why drop your product project entirely? Cant you pick it up later?
Am planning on maybe picking up a part time job when I get back home. For now im house sitting at my parents place, so all I can really do atm is hustle.

As for my project it was way too ambitious for me to do with no experience and no money. It was a decent idea, but i just wasnt able to execute with my skills and resources
 
OP
OP
Tubs

Tubs

KIWAMI!
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Apr 5, 2019
79
120
126
21
VA
Managed to sell some more stuff on Ebay. Up to $500 total cash now. Got another $400 coming in as pay for house sitting.
Will be getting a job as soon as I'm done house sitting, two weeks to go till then. So gonna keep trying to hustle till then to see how much I can get saved up.
 

Michael Burgess

Bronze Contributor
Speedway Pass
Sep 30, 2014
119
336
168
24
Ontario, Canada
Definitely get some more income coming in ASAP! Your personal stuff will run out sooner than later if you're liquidating it and need to literally eat that money away.

On the plus side, your living expenses are fantastically low; if you get even a basic job producing a couple grand a month, you could live on $1,000 and save the other $1,000.

Keep hustling, and hopefully figure out a better long term solution to make sure you never get in that tight of a pinch again! Being dead broke is stressful as hell (ask me how I know...) and you can't make good decisions while living like that.
 

Dan_Cardone

Losers make excuses. Winners find solutions.
FASTLANE INSIDER
Read Millionaire Fastlane
Jul 23, 2019
78
144
118
What I would do if I was flat broke:

  1. Use the internet to find a list of every company that sells high profit margin products/services B2B.
  2. Go down the list contacting every company and tell them you will work for them on a commission basis only as an outside sales rep. Be ready to sell them on doing this!
  3. Negotiate the commission you will get when you make a sale. You want to be making a higher commission than the companies other sales reps since you aren't getting paid anything upfront and no benefits.
  4. Start prospecting and selling!
Do that during the day and either keep flipping in the evening or get a part time job in the evenings until your sales job starts providing money.

This, of course, assumes you have some sales skills. If you don't.... what are you doing!?!?

Everyone who wants to be an entrepreneur needs to have skills in at least these three areas: Sales, Marketing, and Negotiation.
 

rollerskates

Silver Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jan 10, 2017
313
845
313
Texas
Thats a few meals worth of food.
No way! I could eat on that for a month. Gluten free, too. But then, I'm a grocery shopping ninja.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.



Don't like ads? Remove them while supporting the forum. Subscribe to become an INSIDER.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom