A Millennial Who Retired by 30 Sorts Side Hustles Into Four Buckets. One Is 'Easiest.' He Ignores It Now.
Cody Berman, who achieved financial independence before age 30, organizes side hustles into four categories. He identifies one type as the easiest to start. He is currently focused on a different category entirely. The article does not specify the four categories by name.
This teaches you to distinguish between entry barriers and long-term value. The easiest starting point may not align with your actual wealth-building goals. You should evaluate hustles on two axes: speed to first dollar and capacity for scalable returns.
Cody Berman, a financially independent millennial who retired by 30, developed this framework through personal experience. He shares his methodology via Business Insider.
Step 1: List every skill or asset you already possess. Write five items. Step 2: Classify each as either 'quick to monetize' or 'scalable over time.' Place them in a simple two-column chart. Step 3: Pick one item from each column and spend 10 minutes researching one platform where each could earn money. You will have two concrete starting points with different risk-reward profiles.