Feras Alhlou argues the modern side hustle industry functions like a Ponzi scheme, selling false promises of passive income. He carves out three exceptions: quick cash, a hobby alongside your job, or testing a full-time business idea.
Side hustles, the secret to eternal youth. Passive incomes, that's the secret to immortality. Mind you, both of these are unknown to most besides the few online who live in their mom's basement. Side hustles are the modern Ponzi scheme. People teaching others how to make money on the side with their only qualification being that they made money teaching others how to make money on the side. I think Only in rare instances, side hustling is reasonable. 1, if you need extra cash due to a circumstance, only short-term. 2, as a hobby that doesn't impinge on your day job. And 3, as a way to test an idea that you can eventually turn into a full-time business. Other than that, side hustles usually turn into front hustles, forcing your actual obligations to fall by the wayside, all while you haven't gained eternal youth or much cash.
