Side hustle?

I've been trying to look for focus groups here and there (I need to get on a list for someone to call so I can do them more often). I just did one on albumin and they interviewed me for a little over an hour and gave me $225 just for my two cents about it. So easy and timing is super flexible you basically just tell them when you're available. It's not steady work, but good money for the amount of time you put in!

Besides contract work, I would recommend reading Tim Ferris's "4 hour work week." It espouses the idea that you should find something to create that you are "better at" than almost anyone else. Go specific because the broad is already taken up by the huge corporations. Find a way to make it available so that after the initial time investment, you don't have to put much work into it later.

After about a year's worth of work, I have published a review book of questions for NICU nurses taking their certification (RNC & CCRN). There are only a handful of review question books out there. While there are only about 2,000 nurses taking the exam each year, because the competition is low, I'm hoping to gain some of that revenue over time. I've also created a spreadsheet that lists all the NNP/NCNS schools in the USA with things like tuition, length, requirements, etc (got inspiration from someone posting on allnurses about allcrnaschools.com). Finally, I'm about halfway through a NNP board exam review questions book and a subscription based video course for neonatal nurses taking the RNC/CCRN.

What is my rate of return on all of this? Still negative $200, lol, having made about $300 or so. But this is just due to unavoidable start up costs like a business license, website domains, logo design, actual printing of books, etc. While I invested a few hundred hours into these projects, once they are done, they will require very little time from me to maintain and I should start seeing a better rate of return.

On 11/29/2019 at 11:09 AM, babyNP. said:

Besides contract work, I would recommend reading Tim Ferris's "4 hour work week." It espouses the idea that you should find something to create that you are "better at" than almost anyone else. Go specific because the broad is already taken up by the huge corporations. Find a way to make it available so that after the initial time investment, you don't have to put much work into it later.

After about a year's worth of work, I have published a review book of questions for NICU nurses taking their certification (RNC & CCRN). There are only a handful of review question books out there. While there are only about 2,000 nurses taking the exam each year, because the competition is low, I'm hoping to gain some of that revenue over time. I've also created a spreadsheet that lists all the NNP/NCNS schools in the USA with things like tuition, length, requirements, etc (got inspiration from someone posting on allnurses about allcrnaschools.com). Finally, I'm about halfway through a NNP board exam review questions book and a subscription based video course for neonatal nurses taking the RNC/CCRN.

What is my rate of return on all of this? Still negative $200, lol, having made about $300 or so. But this is just due to unavoidable start up costs like a business license, website domains, logo design, actual printing of books, etc. While I invested a few hundred hours into these projects, once they are done, they will require very little time from me to maintain and I should start seeing a better rate of return.

What great ideas! I remember my frustration with how minimal the practice materials were for the CNM certification exam. ACNM has since upped their game and has a lot more available for purchase, but it sounds like you will be able to cash in soon on your particular niche.

Many people here in central Florida are making great money on Airbnb combined with investment real-estate. They will get a property in the range of 5 bedrooms with a pool (usually in a gated or resort community) for around 250-300K. Then they will offer either "the whole house" for about 2K per week or about $100.00 per night per room. Many people can maintain 80% plus occupancy rates (especially if they are within 30 minutes of Disney World as are many of the communities. You should also factor in about 15%-20% for a good leasing/property manager.