Have you freelanced model on the side?
Out of curiosity, has anyone freelanced modeled or put together pitch decks on the side. I know bullpen and upwork have platforms to do this.
I want to try to generate more side income and so thinking of building out basic/institutional-level templates to plug and play deals.
Since no one chimed in yet, I had a friend do this while in college. He saw it as one good prep for work/interviews and made some really nice money for a college kid. Had a few clients (maybe only one or two though as my memory may be off as this was almost a decade ago). Then once he started more formal internships and FT work this prob died down completely as he gets paid meaningfully more for doing it for a hedge fund employer and then uses his free time for other stuff by now
I don’t know if or think he used any of those platforms though I’m not sure if they existed then. I think he just networked with people and they were like, hey can you build this model for like $1,000 or something and he did stuff like that
I tutor finance and modeling on the side. Pretty similar since most people want to learn modeling. I cater mostly to masters students and set my rate pretty high as it’s not worth my time otherwise (since I have my full time job as well). The work waxes and wanes and is pretty dependent on how much I feel like marketing to make an extra buck. But it’s been great because it shows me what I know and don’t know and how to explain concepts.
I’d be interested an any off the shelf models you would be willing to share. Looking for Argus & excel integration
If you want to chat, PM me, everything is always for sale.
I genuinely think you'd be better served putting that effort into your day job.
We’re you replying to me about tutoring?
No. OP's idea of a pitch book "side hustle."
I'm sure he could make some cash doing it, but I am of the opinion that if he put the hours he'd be using for that into his day job, or in finding a different day job, it would pay off more.
Who would derive value from paying a random, presumably young, person to build a financial model for them? The mechanics of modeling a real estate deal aren't rocket science. Any reasonably capable college freshman could learn how to do it pretty quickly. The whole ballgame is figuring out what the numbers should be, and that requires experience and deeper due diligence. Garbage in, garbage out.
While you’re right that modeling should be simple, it’s a hard skill set that many people cannot do. And for some people, it’s worth it to pay $500 for a model, because they believe their time is worth more than that. They can use that time to go source more deals or do higher value work.
No. But I and a cabal of cre analysts in SF are going around buying tiny properties and doing like simple value add stuff(whole lot of sfrs btw) on the side to our day jobs.
I highly encourage you to try that out
I guess y'all aren't still doing that right now, for several reasons? Any current side hustles you have going?
Vero rerum sit ab. Veniam alias eum voluptatem aperiam culpa itaque architecto.
Ad quia eaque voluptatem natus incidunt odio pariatur. Molestias eaque beatae non esse a unde dolorem placeat. Dicta omnis in recusandae autem aliquam omnis. Dolores et iusto nesciunt non inventore explicabo. Consequatur libero reprehenderit nihil et eligendi. Ullam asperiores consectetur enim consequatur reprehenderit recusandae laboriosam.
Sapiente et nam quis dicta et exercitationem accusamus. Aliquid sit itaque assumenda nisi ut rem. Vel ipsam eum enim veniam.
Nam consequatur iusto nisi nihil eum. Libero ut ullam excepturi at nihil nihil id. Eos rem et qui autem. Dolorum ducimus vitae aut a doloribus. Aspernatur porro deserunt id delectus et quo veniam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...