- Kim defines side hustles and frames the gig economy as a space where humans serve other humans.
- Spencer shares the platinum DoorDasher story, including a cousin making $100,000 a year in Hawaii.
- Spencer introduces the robot-training side hustle: people getting paid to record ordinary activities like folding laundry.
- Kim uses a story about two readers interpreting the same book differently to illustrate how mindset determines what you see as opportunity.
- Kim introduces the founder’s mindset and Dan Sullivan’s idea that the brain only sees what the eyes are looking for.
- Kim shares her excitement about consumer robotics and the Kurzweil-inspired idea of recording your life to review commitments and actions.
- Kim challenges listeners to be purposeful with the time that technology frees up, and shares the mantra “do good and be good.”
- Spencer closes with the autonomous lawnmower story: an entrepreneur who saw a fleet of Yarbos as a robot lawn maintenance business.
Read the full transcript
This transcript was auto-generated and may contain errors.
[00:01] Welcome to the Prosperity Podcast. Prosperity thinkers, welcome to the podcast. Kim, this episode, I didn’t preface what this was about, but I said, you’re going to love this. And you’ve done enough episodes with me to know that I find a few little gems here and there. So we’ve talked about side hustles and we’ve talked about different ways that people can earn money from that home and it will turn into a career and a variety of other things. You want to take 30 seconds and explain side hustle the way that you think, then I’m going to give you two examples and then one that just knocks it out of the park that is super cool. How fun. Well, to me, a side hustle is sometimes people’s main form of income, right?
[00:51] Because maybe they have two or three side hustles and they are all basically part-time jobs. Sometimes it’s truly secondary income. You have a quote normal day job, not sure what normal is these days, but your basic 40 hour a week job and then you do something in the evenings or on the weekends or what have you to bring in extra money. Sometimes it’s a passion play, right? You maybe don’t even get paid that much for it, but you really love the work so you do that. And sometimes it’s pure necessity and it could be as simple as driving a car for Uber or getting on mechanical Turk and doing some of the secret shopping that people get paid to do. I mean, there’s endless opportunities for side hustles these days.
[01:35] And what I love about that is that nobody’s looking down on them. People used to kind of frown like what? You’re working out your house or what? You’re working on this on the weekends or whatever. Totally normal today. It’s part of our culture. We call it the gig economy on occasion, especially when it relates to children. And it’s a fabulous space that lets human beings serve other human beings. That’s well said, that’s cool. Okay, so we are gonna talk a couple side hustle things, but stay tuned. This episode is not all side hustle. There is some breakthroughs that I had and I’m going to share with Kim about it, but first we gotta talk the side hustle stuff. So one, I was at Chick-fil-A. Last Friday, I’m not a big go out and eat person
[02:30] and we happened to be out of town and we stopped there. So what do I do? I talk with everyone. I can’t stop. It’s a disease, okay? That’s just what I do. I went and got my drink refilled and while I’m standing there, I’m at the counter where the people pick up the to-go items. It’s the door dash guys, I talk with them. That was, I literally talked with them for like five to seven minutes because I was like, this is the coolest thing. So I asked them about door dash. How much do you guys make? How many houses do you do? What do you do? I didn’t know the world. I’ve only door dashed like twice in my life, okay? So this guy proceeds to tell me he’s a platinum door dasher. I didn’t know what that meant.
[03:11] He only gets expensive orders and like people that are really good. He makes $2,000 a week doing door dash. That’s his full-time gig. And so I talked with another guy who was next to him and he’s like, oh, I just door dash in the evenings when I’m off work and on the weekends. Okay, that’s cool. But I went a layer deeper. I said, tell me some of the secrets, some of the cool stuff. Are you ready, Kim? This was amazing. I didn’t know this. The guy goes, yeah, my cousin moved to Hawaii so he could door dash. I go, what? He goes, yeah. In the Hawaii market, because it’s a resort area and everything else, he does door dash just in the evenings, the right times, makes $100,000 a year doing door dash.
[04:02] 10,000 a month, call it 100, maybe 120. Who knows what it is? I thought, wow, this is crazy. So they figured out how to do that. Right? It’s cool. So now here’s the second example. The second side hustle, probably a side hustle for outside of the country. And then I’m gonna share the lesson. Second side hustle is people recording their everyday activities. Oh, you’re kidding me. I knew this was coming, go on. I know. So there’s a video online. This lady has her phone. She has a head mount with her phone on her head and she’s folding her laundry, folding her laundry. Now, why is this a side hustle? Because they’re training the robots. Oh. So we now enter the side hustle world of training robots.
[04:55] Kim, what do you say about that? It is just so amazing what is opportunity today when you’re looking for it. I read a book recently, the title doesn’t matter. And it was a true story of an entrepreneur that went through some very serious challenges around the business and came out on top. But the book was just as he was coming out, right? On top and getting his act together around the business. And the book covers maybe 20 years of his life. Somebody else read the exact same book and called my husband an alarm about all the negative things that they interpreted in the book, even though it was the same book. And I viewed it as completely opportunistic and amazing and all these great things that they were able to pull off and do and overcome.
[05:49] And then a different person read the exact same book and interpreted it as complete lack of opportunity and risk and challenge, et cetera, et cetera. So really that’s what the gig economy is like, right? There is endless spaces of our lives where we could serve and get paid. And so whether you’re training robots or you’re doing the work yourself, if you are open to it and you’re looking, there are endless opportunities to get paid. And that’s what is so fun about today’s gig economy. This is so true. You’re taking words out of my mouth, okay? This is tough. But what we’re seeing here with this gig economy, you came out with this where you said there’s opportunities and essentially the thread is
[06:47] there’s things that didn’t exist before. And if we open our eyes, we can see them now. And we don’t even know what it’s gonna look like a year from now, six months from now maybe. Like that’s a huge difference. So for you as a person that is constantly rubbing shoulders with innovators, you’re rubbing shoulders with families that are looking at their current situation and they’re looking at their future. You’re with business owners. What are you seeing now? Because you mentioned, you’re like, oh, I knew something like this would happen. What are you seeing on the horizon that comes forward? Well, so this is the founder’s mindset, right? Because in today’s world, we can create a company with just a single person.
[07:40] And if we have a founder’s mindset, we are looking for the opportunities. And as Dan Sullivan likes to say, our brain is only going to see what our eyes are looking for. Our ears are only going to hear what we are listening for. And so it’s very important that we have our antenna up and our radar on. And the reason that I made the statement of, I knew this was gonna happen, goes back to a Ray Kurzweil book of maybe five, six, seven years ago that he wrote, I believe, with his daughter, Diana. And she talked, it was a story of two young women all made up that recorded everything that they did all day long. And they used it to go back and check that conversation. What was the commitment that I made?
[08:29] You know, those types of things. That’s what they used the recordings for. But I absolutely adore the robotic space. I cannot wait to purchase my first robot. And I’m working very diligently to be patient because as we all know, the first iterations are out today. But the better ones will be even just four to six months away, I believe. Maybe a year, who knows. But it is a space that I’m very curious about. And it’s because of what it can do in terms of freeing up humans to do the things that only humans can do. Sometimes in conjunction with a robot, sometimes just on their own. And so it will be so fun to continue to watch the training that occurs. I love that people are doing that. And the results that those robots can help people get.
[09:22] And then most importantly, what us human beings do with our freed up time. Because again, back to those opportunities that we talked about, are you listening for them? Are you looking for them? If you are not, you’re likely to take the extra time that the robot gives you or your AI research kit or whatever it is that you’re working with and squander it. It’s so easy to do, to get sucked into social media, doom scrolling or more Netflix time or whatever it is. And there’s nothing wrong with Netflix time. I watch two or three movies a week and that’s dedicated time. It’s very meaningful in our family. Great, we do it. And on a general rule of thumb, I call them school nights, even though they’re not school nights anymore in our family,
[10:09] like Sunday night, Monday night, Tuesday night, Wednesday night. I’m making sure that I’m making use of that time to learn, to retool, to pick up skills that I didn’t have, to become even more open-minded, to increase my spiritual approach to things, spend more time in that realm, et cetera. And so we wanna be very conscious, very purposeful around the time that is being freed up from the opportunities that we are looking for and listening for. And if we will go about our lives with that founder’s mindset of what problem can I find that I can either build a solution for, create a solution for, already have a solution for that does good in the world. And I was actually watching something from the,
[11:05] I wanna say like revolutionary war days. And the dad said to the kids as they were heading out the door, do good and be good, which I thought was so great just to go out with that mantra of doing good and being good. And if we go into our lives every day with that mantra, the wonder that we can create in the service that we provide to other humans, that same message. Absolutely, that’s so good. I’m gonna wrap with one final example of the innovations. And I hope that this ties in with the Dan Sullivan of us being aware. So what happened, it was a thread that I saw. It was a thread on X. And a person posted about the autonomous lawn mower devices like the Yarbo’s, they have these little devices
[12:01] you can buy. And a person on there complained and they said, oh, this is gonna take over the jobs and blah, blah, blah and it’s always happens, that’s fine. We need that because you know why? Because we got to see what the opposite is like you might like something that’s sweet so you got to see what’s sour, okay, that’s fine. Here’s the great part. An entrepreneur jumped in and he said, yes, isn’t this amazing? Because now a person could buy a fleet of these, go map the people’s yards and now they have autonomous robot lawn maintenance crew. Yep. That’s the world that we are stepping into. Yeah. And what we choose on this podcast and in our conversations is to see abundance and to see the opportunities.
[12:54] So if the messages that we had today, if this resonates with you and if this message and here’s what I’m gonna say, feels like you are playing with the future, you’re in the right place. If what we’re saying threatens you and you say, oh, I don’t want the robots, come on board. Like we’re friendly, we’re nice. I’m not telling you to leave. I’m just saying like listen more and then we’ll get you there. So Kim, awesome conversation. Thank you for sharing those things. I thought you would love a few of those little pieces today. Thank you for listening to the Prosperity podcast. To take control of your money and have it work for you, visit Prosperity.