Side hustle - is it worth it?
Hi, I currently have a side hustle going which requires around 15 hours work per month.
- Revenue: $3,500
- Costs: $2,700
- Profit: $800
- : 23%
- Return: 30%
Unfortunately, scaling the business will not improve margins.
I'm now unsure whether it is worth continuing or stopping as theand return just doesn't feel enough to . Especially during the ongoing where crypto, are all so heavily discounted so I feel investing during a a greater return than this side hustle over the long term.
For example (not saying this will happen but just as a hypothetical) buying Meta now would deliver a 250% return back to its all time high price whereas my side hustle is only a 30% return.. I feel I'm wasting money and not sure if I should continue or not.
What's everyone's thoughts?