5 ms·

Point number is painfully true from my experience. I say that as someone who has been a consultant for more than a decade, and worked on tons of side hustles. F

Point number is painfully true from my experience. I say that as someone who has been a consultant for more than a decade, and worked on tons of side hustles. From “never got off the ground” (most) to “making six figures in revenue” (current one). Juggling client work and my own profitable and slowly growing projects for the last few years has been one of the most difficult things I’ve ever done. Really hoping to hit escape velocity in 2019. But I said that about 2018, and 2017 too. Sigh...back to work.

movedx 8y ago
> Point number is painfully true Which point? 1?
- ryanwaggoner 8y ago
  Ha. Great example of the mush that my brain has been reduced to. Point #1.
aaronm14 8y ago
One of your side hustles is currently making 6 figures in revenue, but you're saying you haven't hit "escape velocity yet?" I'm curious if your goals are more ambitious, or perhaps 6 figures of _revenue_ isn't necessarily profitable enough to sustain you? >But I said that about 2018, and 2017 too. Rings so true for me as well, unfortunately! This tweet from Justin Jackson has been making it's rounds the last couple of days, maybe it will be encouraging to you: https://twitter.com/mijustin/status/1068773791952584704 https://twitter.com/mijustin/status/1068773791952584704
- ryanwaggoner 8y ago
  Combination of a few things :) 1. I have good margin and am profitable, but not enough to cover lifestyle. See below: 2. I have a high cost-of-living, deliberately. I live in NYC, have a kid in private school, and travel a lot. Now, I fully recognize that I could lower my project risk by living a more austere lifestyle, but I'm comfortable with the tradeoff that I'm currently making. Of course, I'm still stressed and impatient, but that's more of an internal problem :)
  - abalashov 8y ago
    Yep, that's basically been my boat. I've not lived in a high-cost city per se, but I've always had big sources of personal drag, partly by choice, partly not.

movedx 8y ago

> Point number is painfully true Which point? 1?

ryanwaggoner 8y ago
Ha. Great example of the mush that my brain has been reduced to. Point #1.

aaronm14 8y ago

One of your side hustles is currently making 6 figures in revenue, but you're saying you haven't hit "escape velocity yet?" I'm curious if your goals are more ambitious, or perhaps 6 figures of _revenue_ isn't necessarily profitable enough to sustain you? >But I said that about 2018, and 2017 too. Rings so true for me as well, unfortunately! This tweet from Justin Jackson has been making it's rounds the last couple of days, maybe it will be encouraging to you: https://twitter.com/mijustin/status/1068773791952584704 https://twitter.com/mijustin/status/1068773791952584704

ryanwaggoner 8y ago
Combination of a few things :) 1. I have good margin and am profitable, but not enough to cover lifestyle. See below: 2. I have a high cost-of-living, deliberately. I live in NYC, have a kid in private school, and travel a lot. Now, I fully recognize that I could lower my project risk by living a more austere lifestyle, but I'm comfortable with the tradeoff that I'm currently making. Of course, I'm still stressed and impatient, but that's more of an internal problem :)
- abalashov 8y ago
  Yep, that's basically been my boat. I've not lived in a high-cost city per se, but I've always had big sources of personal drag, partly by choice, partly not.