Mark Cuban set a goal to become wealthy and retire by the age of 35 when he was in his 20s. He was successful in the first part: At the age of 32, Cuban sold MicroSolutions, a company that provided computer consulting services, for $6 million. But the 64-year-old is still employed today. In a … Read more
At first, Kaycie Morwood wanted to get rid of her old clothes before starting college. That’s how her online store on Poshmark got started. Poshmark is a marketplace where people can buy and sell clothes and home goods. During her first semester at California State University, East Bay, she made only $400 in sales. But … Read more
Quitting your job to start a small business could be one of the most important and scary decisions you ever make. But if you’re Jim Koch, the founder and chairman of Boston Beer Company, it might be as easy as choosing to be happy. Koch started the Samuel Adams beer brand in 1984. At that … Read more
In 2014, I earned $85,000 a year as a full-time web developer. While I made enough to cover my living expenses, I put too much time into the job. I knew that there were opportunities to make passive income in e-commerce. So in 2016, after experimenting with “dropshipping” (a business model in which sellers don’t … Read more
Diane Hendricks didn’t grow up on the inherited wealth of celebrities or political leaders. Instead, she spent her childhood on a dairy farm in Wisconsin, where she learned a work ethic that would later help her build a business empire. Last week, Hendricks, who has a net worth of $11.6 billion, topped Forbes’ list of … Read more
Tim Riegel, 59, started making fire pits out of propane gas tank ends a year ago. He makes up to $16,000 per month from his side hustle. With inflation on the rise, Tim Riegel wanted a side project for extra income, so in September 2021, he bought seven $90 propane tank ends off Facebook Marketplace. … Read more
After 20 years in the dog-walking business, Ryan Stewart says he isn’t just a dog person — he sees himself as one of the pack. Stewart started his New York side hustle, Ryan for Dogs, in 2002 to earn money between sparse acting gigs. Now, it’s his full-time job: He makes roughly $60 per hour … Read more
In 2017, after I graduated from college, I started working as an engineer at an oil company. I was 23 and making $98.300 a year. At first, I thought I had my dream job. But after seeing senior leaders work 60-hour weeks with routine travel, I realized that it wasn’t the lifestyle I wanted. My … Read more
When Melissa Butler, 32, took her line of custom-made, vegan lipsticks — in bright colors ranging from pink and red to green and purple — on ABC’s “Shark Tank” in 2015, she was laughed out of the room. “The chances that this is a business are practically zero,” Kevin O’Leary said in the episode. “You … Read more
Worried about what your financial situation will look like a year — or even a few months — from now? With all the concerns about economic growth, it’s reasonable to be worried about a potential recession. But the key is to start preparing now so that you’re in the best position with your money if … Read more