HomeBusinessMy Side Hustle Made Over $400k on Top of My 6-Figure Salary

My Side Hustle Made Over $400k on Top of My 6-Figure Salary

This as-told-to essay is predicated on a dialog with Chisom Okwulehie, who began consulting company Juntero as a aspect hustle when she was an worker on the Port Authority of New York and New Jersey. The piece has been edited for size and readability.

In 2017, I began working on the Port Authority of New York and New Jersey, the place I design and handle infrastructure tasks. On the top of the pandemic in 2020, I would had my first baby and was advised we would not obtain a merit-based pay improve at work, so I wished to seek out methods to complement my revenue. My father all the time advised me and my siblings that in case your partner dies, you have got to have the ability to cowl the mortgage and assist your loved ones. I am a giant advocate for diversified revenue.

So, I began Juntero as a aspect hustle with my husband. Now, it is a company that we co-own, break up into two subsidiary corporations or studios: Juntero Design and Juntero Know-how. My husband owns Juntero Know-how; I personal Juntero Design. Right now, Juntero is a full-fledged design and expertise enterprise, however it began with me taking over small tasks on totally different platforms and charging as little as $20.

Again then, I watched numerous YouTube tutorials to organize and experimented with my totally different skills — internet design, photograph enhancing, graphic design, structure design and inside design. Individuals gravitated in direction of my structure and inside design companies. Initially, I saved my costs low to construct a portfolio and accumulate sturdy testimonials. That credibility is the best forex and helped me improve my visibility; for each 10 items of constructive suggestions, I would increase my hourly charge by $20. Finally, I realized to not commerce my time for cash and switched to mounted charges.

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I made about $55,000 that yr, and over $200,000 the subsequent. Then, in 2023, I exceeded $400,000.

Then, close to the top of 2021, I spotted that I could not assist as many consumers as I wished, so I needed to put my ego apart and belief different folks. I began hiring different designers on a project-based mannequin. They don’t seem to be workers; they’re contractors. So, since 2022, I’ve outsourced greater than 90% of the work. That helped me scale the enterprise much more. I made about $55,000 that yr and over $200,000 the subsequent. Then, in 2023, I exceeded $400,000.

At Port Authority, my wage is $125,000. The online income at Juntero alone are greater than my 9-5 wage, however I plan to remain at Port Authority. Some folks suppose I am loopy, however I am on a public pupil mortgage forgiveness program and have three years left. Additionally, I study a lot from my colleagues’ experience.

Now that I am not on the manufacturing aspect of Juntero, I spend extra time on advertising and marketing and shopper administration. We now have two fee constructions: a one-time fee mannequin and a subscription-based mannequin. I’ve spent numerous time advertising and marketing the subscription mannequin. It is an concept that got here to me final yr. Considered one of my main shoppers is a developer, so with the subscription mannequin, she will be able to pay the month-to-month charge and entry our companies for a spread of duties.

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A marketer may rent a designer at $100,000 a yr or enroll with my service and see much more output. So it is an enormous value financial savings.

I am very passionate concerning the subscription mannequin as a result of it is a sport changer: It is permitting corporations that do not have inventive groups to enroll in a membership program and entry my inventive staff for a constant circulate of deliverables, whether or not or not it’s drawings or 3D fashions. And it helps these companies scale, too. Considered one of my shoppers makes use of my renderings to constantly promote multimillion-dollar houses over the asking worth. With the subscription mannequin, these corporations can have 5 folks doing the work for the wage of 1; as an example, a marketer may rent a designer at $100,000 a yr or enroll with my service and see much more output. So it is an enormous value financial savings.

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It is important to diversify your revenue, particularly on this financial system. It’s important to plan in your future and retirement, and you may’t depend on your 9-5. If in case you have the endurance, due diligence and group abilities, you must determine methods to monetize your skills. Make the time to focus in your craft, however solely do it when you like it — since you do not wish to face burnout.


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