Podcast Summary
Exploring Side Hustles: Monetizing Existing Assets and Reality TV: Renting out assets on Airbnb and participating in reality TV shows are viable side hustles with varying financial rewards. Airbnb has low startup costs, while reality TV offers potential income and career opportunities, but success isn't guaranteed.
Monetizing what you already have can be a simple and effective side hustle, as shared by the podcast host who uses Airbnb to rent out her cabin when she's away writing. Airbnb requires minimal startup costs, making it an accessible option for those new to side hustles. Meanwhile, in the world of entertainment, reality TV has proven to be a lucrative business, with contestants potentially earning significant income, as evidenced by the success stories of figures like Kim Kardashian. However, not all contestants may reach such heights, leaving us to ponder the financial viability of participating in reality TV shows like The Bachelor. To shed some light on this topic, the podcast host interviewed Kendall Long, a Bachelor alum, to discuss the potential earnings and career opportunities in the reality TV industry. Despite never watching The Bachelor, the podcast host was able to recognize the impact of the show and the success stories of its contestants.
Staying true to unconventional goals and being open to new experiences: Embrace your unique saving goals, even if they're unconventional, and be open to new opportunities, even if they're initially daunting, as they may lead to unexpected growth and experiences.
Everyone, no matter their background or dreams, has unique saving goals. The speaker, for instance, grew up as a poor college student, saving up for a year to buy a metal detector. Her parents encouraged her odd but determined nature, as she imagined discovering buried treasure or even shipwrecks. In contrast, the speaker's career aspirations were more conventional – she dreamed of becoming an investigative reporter. However, her initial reluctance to apply for The Bachelor led to an unexpected opportunity to find love on national television. Despite the media frenzy surrounding her romantic life, she embraced the vulnerability and transparency that came with being on the show. This story highlights the importance of staying true to one's goals, even if they seem unconventional, and being open to new experiences, even if they initially seem daunting.
Reality TV: A mix of personal growth and financial uncertainty: Contestants form deep connections, face financial challenges, and pursue potential career opportunities on reality TV shows, but unequal pay and negative editing can create resentment.
Participating in a reality TV show, such as The Bachelor or The Bachelorette, comes with unique challenges and experiences. Contestants may form deep connections with each other, but they do not get paid for their appearance on the show. Instead, they are responsible for managing their own finances and living expenses during filming. Despite the lack of compensation, many contestants view the experience as valuable due to the relationships formed and potential influencer opportunities. However, the unequal pay between contestants and the show's leads, as well as potential negative editing, can create resentment. Overall, the reality TV experience is a complex mix of personal growth, financial uncertainty, and potential career opportunities.
Navigating the complexities of the influencer world: To succeed in the influencer world, promote products you believe in, build trust, and make careful decisions.
The influencer world can present both opportunities and challenges, and it requires learning the ropes and building trust to succeed. The speaker, who appeared on a reality TV show a few years ago, was initially surprised by the potential income from influencing and had to navigate the industry's complexities. She faced initial challenges with trust and finding reliable partners but eventually found success by promoting products she believed in and building a reputation. The influencer industry can offer opportunities for personal projects and financial gain, but it also requires dedication, learning, and careful decision-making.
Exploring hidden opportunities for income: Discover value in what you own, consider renting on Airbnb or monetizing social media influence, and explore potential partnerships for financial gain and personal growth
There are hidden opportunities to make money from what you already own, such as renting out a spare room on Airbnb, or monetizing your social media influence. The speaker shares her personal experience of using Airbnb to offset the cost of traveling and turning her influencer partnership with Bior Beauty into a full-time income. These side hustles can provide financial benefits and even lead to unexpected opportunities for personal growth. To explore these possibilities further, consider checking out Airbnb for hosting opportunities and reaching out to brands for influencer collaborations. Remember, the first step is recognizing the value of what you already have and being open to new ways of utilizing it.
The Business Side of Influencing: Being an influencer can be profitable, but requires a smart business mindset. Understand deals, manage engagement, and analyze performance.
Influencing on social media can be a lucrative and organic career choice, but it comes with risks and requires a smart business mindset. The amount of money influencers make varies based on their engagement and following, with larger influencers earning around $20,000 per post. The experience of being on a reality TV show like The Bachelor can serve as a head start for building a social media presence, but it also comes with potential challenges and negative attention. Ultimately, having a large following is a gift, and it's up to the individual to use it responsibly and make the most of the opportunities it provides. The speaker emphasized the importance of understanding the business side of influencing, from negotiating deals to managing engagement and analytics. She also acknowledged the potential downsides, such as negative attention and the pressure to constantly perform. Overall, the discussion highlighted the importance of being smart, adaptable, and authentic in the world of influencing.
Exploring hobbies through social media: Maintain authenticity and personal interests in social media presence, even if it doesn't generate significant financial returns. Seek trustworthy agents and partnerships early on.
Social media presence, including Instagram, can be a source of personal enjoyment and artistic expression beyond just being a business. The speaker in this conversation, Kendall, shares how she has discovered her love for taxidermy as a hobby and a form of art collection, which she incorporates into her social media. She emphasizes that it's essential to do what brings joy and fulfillment, even if it may not generate significant financial returns. Kendall also advises aspiring influencers to be aware that making a living solely from social media may not be sustainable and to seek trustworthy agents and partnerships early on. Overall, the conversation highlights the importance of maintaining authenticity and personal interests in one's social media presence.