Christian Osgood argues side hustles like flower lamination won't build real wealth. True financial freedom requires scalable businesses you can replicate endlessly, like the real estate portfolio that let him retire his wife and spend time with his child.
Chapters
I don't think side hustles are a good idea. That's how you start a small business, and small businesses are not how you get wealthy. I'm here cooking steak and eggs here in the middle of the day on a workday because I started a bigger business. Do something that's scalable. I did real estate, did a lot of real estate actually, and over the last few years scaled a portfolio to a point where I retired my wife, can spend my day with my baby boy, continue to provide housing to people in need. We work a lot with low-income programs, and we scale indefinitely. That's a business. I have friends who started like a flower lamination business. How much can you scale that? That's a hobby. Hobbies are fine, but know that they're hobbies. If you want to leave the 9 to 5, you're trying to escape, find financial freedom, skip the whole side hustle thing. Don't go flip couches, don't go start a flower business. Go out and start a business that is infinitely scalable. Find a model that you can repeat again and again and again. Simple, scalable, repeatable. That is the path to financial freedom.