The 7 Very Difficult Side Hustles to AVOID (choose wisely)

Today I cover the top 7 side hustles you should avoid if you want any chance at becoming rich & earning passive income.
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[moneycessity]

The pattern I see with most side hustles is a low barrier to entry which means TONS of competition.

[ChippyPippy]

The best side hustle is the one no body is talking about.

[cphine]

I've been full time on Ebay since the beginning of 2020, after starting it as a side hustle in 2017. It's definitely not "get rich quick". Heck, it's not even "get rich" for most of us, but I do enjoy it and I do make a comfortable lower middle class income with it. It is scary knowing that my account could be banned at any time for any number of unknown reasons, but it works for me given the position I am in life right now. I've been self-employed for so long that I don't really have any "work experience" and nobody cares about my business degree from 1999. I'm "over qualified" for the low paying jobs and "not a proven commodity" for the high paying ones. I guess I'm where I'm supposed to be!

[davidsazdanovic]

A man that realy cares for his followers and wants to help us all thank for everything Mark

[DaveTexas]

Before even clicking on the video, I knew MLM would be #1. It is the biggest scam on the workers ever created. I know many people who’ve done Mary Kay, Pampered Chef, Amway, etc. None have made any worthwhile profit. Even those who put a huge amount of time and energy into it can’t make more than a couple hundred dollars a month. Yet people are still falling into these traps. DON’T DO IT! All your friends will end up hating you and you’ll work hard for nothing.

[Madmun]

I tutored math as a side hustle. After industry-wide layoffs in oil and gas it became my only hustle. Glad I did it.

[Yungcjay]

Thanks Mark for being real ! for exposing the people who are bullshitting and wasting the time of young people who want to become something with their hustle porn and course funnels

[Techreux]

Nice job on the video. Clear, concise, SHORT, and spot on. The thing that kills me are the "passive income" bunch. I think my favorite story was a coworker told me about her daughter wanting to "borrow" $10.000 to open a franchise. Mom asks her: "how are you going to find the TIME to work there?" The girl replied, " Ohhh, I wouldn't work, i'd hire others to do the work, and just collect the profit" !! Yikes.
I still have a side hustle that still exists after around 38 years. Not only did it pay for all my tools and equipment in the early days, but having paid off gear 20 years later saves on all kinds of costs (notice I didn't make the mistake of saying, "PURE profit"), and even my employers I worked for full time used my products and services.. and the regular job kept us sheltered, fed, comfortable, and avoiding debt all the way. Thanks for the video!

[peterharris]

For a service based side hustle in retirement I considered contract draughting in mechanical engineering, my prior career. Until I saw the incredibly low rates accepted from engineers in the developing world. they seemed like constant loss leaders just to get work. The choice of cad software was key as was the confidentiallty and ownership of client designs and drawings were a portfolio on line could break an agreement. All potentially litigious if your not careful. Informative video.

[paulpritchard]

I love this content informative and engaging.
Like the awareness on pitfalls of side hustle, the fact you gave a positive solution of what you can do was excellent.

keeping it real.
👏👏

[codedemerald]

Congratulations on getting 2M followers! 🎉 Your content is very high quality. It's really hard to find something like this on youtube!

[earthsteward]

For MLM, my sister has been in 3 of them including Avon, yet has never made a significant amount of money. She would have been better off getting a part time job at a restaurant or store. She is possibly the most outgoing person on the planet but didn't the money she wanted. I've heard MLM means, "Mothers Lose Money" :-) My wife is with Atomy who are pretty upfront and honest about what to expect plus don't have any upfront membership fees, but still we haven't made anything from it.

[TheBlademan-]

thank you for saying real estate is not a good side hustle. I meet so many wanna be real estate tycoons. I was turned off from it when a client of mine said that they had to do a $20k repair after a nightmare tenant which basically meant they lost all the money they made in rent on it that year.

[JCM-LedZeppelin-Stories]

You deserve 4 Million! Thank you for sharing your wisdom in this world of toxic positivity at any cost!

[CIS]

Thank you. We always need a voice of reason on the internet. It's good to know who or what you can trust on the internet, and who or what not to trust.

[williambarringer]

eBay, gutter cleaning, snow shoveling, and most recently I’ve put my indoor cactus garden to good use I harvested about 6oz of flowers

[Phucyu]

this young generation is so thankful to have you here sir!

[gremlinonabike]

I'm currently in a rough situation and now able to push any funding into a potential side hustle (loaning beacause of study related issues where i can't have a job besides my study) but next year i will be done with school and will finally be able to start making money. I've been watching your videos to prepare myself and hopefully succesfully generate an income where i can be proud of. But until that time comes. I Will keep watching your videos, they're incredibly helpful. Thank you.

[natemeier]

As another rental real estate investor, everything he says here is 100% right. People have been handed so many stupid ideas from MLM gurus about how to do real estate that everyone who I've ever talked to that wanted advice about how to do it ended up not doing it after I told them how much money you needed to sink into it and how long it took to really start seeing the payoffs.

[RaphaelAnthony]

Thank you for this, great vid. I’m a visual artist and photographer. I think I’m ready to focus my time full time rather than freelancing for so many years.