Turn A Side Hustle Into A Successful Business 

My grandfather scaled a side hustle doing dump runs he did as a handicapped entrepreneur into a waste management, trucking, and private investment holding company.

This was a great show...I have watched a couple but this one was above and beyond what any other financial youtuber is doing!

You guys have great chemistry. Always enjoy listening and learning from your bantering.

I love the way you guys feed off each other and interact.. Thant makes it "Fun Learning" and i did learn alot and i thank you both!!

Pivot eg. Amazon started as Bookstore. Wrigley distributed soap and offered baking soda with soap to sell better as premium and then the baking soda became a bigger seller over the soap and there were long lines waiting to buy baking soda so he gave away free chewing gum to those waiting in line and then the gum became the new top hit seller. Hershey had successes selling caramels but it kept ending in failure . For 10 years success was followed by failure in four different cities and he eventually filed bankruptcy Then he found chocolate and a way to make it cheap. Persistence, determination and pivot.

One of my fav channels guys... Keep it up!

I totally agree w/ Matt, I you want to pick the right car, use a VIN diagram.

Youŕ educational/informative channel is one of my few bests! You rocking it guys, keep it coming!

I love the energy and practical steps you bring to get folks motivated and moving...

Great ideas. These side business hustles are exactly why our government wants to watch all our bank accounts now.

All I can say is Holy Crap. How come I haven't seen your Vlog before?! Thank you Sir, for all the outstanding info . I caught your vid on saving taxes on Crypto and it left me stunned and speechless. Passed it on to a few friends as well so your subs are going to go up a few.....

Matt congrats to your daughter! You taught her well🥰

Can a LLC be started by a trust or should the LLC be started first and later placed within the trust?

one thing i did that i thought was alot of fun.. i bought the contents of storage units of people that had stopped paying rent. and then sold the stuff at swapmeets and ads in news paper.. this was before the storage wars and before craigs list. I enjoyed researching the cost of items. I am not in position to do that now because it requires having a garage to hold the things and a car and trailer to move things from the storage to the garage and swapmeet. I also bought damaged cars at auction and fixed them up and detailed them and sold them. that also requires space to park the car or cars off street.. and ideally in a garage to do the repairs and fix ups and detailing and then to show the car to prospective buyers.

I absolutely love this video - it is awesome that you’re doing it. I’ve already sent the link to five people that will be all over this. Thank you for your time! I know that this was just a very brief mention in a group of other things you were talking about - but I think the life coach thing is highly overrated as a career move. Most people do not have their act together and I would never pay money to have someone coach me through life who isn’t mature and successfully experienced and doesn’t fully have their act together with a high knowledge base as well as tools to really objectively identify a person strengths as well as understanding what demands and dynamics they have in their lives. I am surprised how many 30 and 40 somethings say they are life coaches and I am laughing and wondering how many people actually pay an amateur who took short course and hasn’t ever really prospered in any career moves themselves and they’re going to give someone life coaching. I know that sounds harsh but I just don’t see that being a great opportunity for a business unless you’re already well trained in human emotion and behavior.

What are your thoughts on a freeze dried treats business?

Great one again. TY and yes, I do have my plan to take into action.

Has anyone said anything about the dumb and dumber idea? Because I was dieing!!!

Great Cast..

I’m giving good advice to some of your viewers, but my comment keeps getting taken down. I get an error code 404 when I try to modify my comment. It basically means my comment has is no longer there, it’s been taken down. Everything is clean, it’s good advice, and I’m not cussing or anything. Can you explain why this is???

Not retro or antique. I think the word you were looking for was probably ‘vintage clothing’

hey Mark, I apologize for contacting you here but I am somewhat of a Luddite and don't really know how else to ask my question. first off, I love your output. you are a funny and charming presenter, and the knowledge that you provide is fantastic. but there is one thing that is particular to my situation, along with tens of thousands of other Americans, that you don't cover. and I would love to see at least a show, if not a short series of videos, on the topic, considering that more and more people will be affected by it. expats. I am a USA citizen who is a permanent resident outside of the USA. this means that I get to take advantage of the foreign earned income tax credit, which makes my tax situation very, very different from most of the people that you are addressing. so, while I love the idea of having a personal trust and using llc's to own my house and my car and everything else, how does that play when I am living permanently outside of the USA, but still subject to some USA taxes? you obviously could not address every situation in every country, but from a generic standpoint, would I put my property in Greece into an LLC in Greece? or one in the USA? or for tax purposes, to ensure foreign earned income, should I create a company in someplace like Estonia to control my property in Greece, and ensure that none of the profit comes from a USA connected source in order to maximize my tax situation? for example, in watching your passive income RANT, you mention specific ways to avoid having your income be hit with FICA. but as a permanent resident, my foreign income is only subject to FICA, not federal. so the advice to take as much money as possible as a dividend would be exactly the opposite for someone in my position. that's why having a professional such as yourself provide guidance for the expat situation would be invaluable. thank you for any light that you can shed on this.

RESPECT!

Great video - thank you!

pets are now growing and there are many small businesses too for that.

Absolutely

Love your work Mark Will be needing your services soon.

Yes we are hustlers

fire.

Awesome content!!

You guys are THE Best ..content is all signal , extremely valuable to many. I plan to work with your team eventually to establish the trifecta strategy..will reach out. Right now we’re trying to decide on going into a franchise w/ service provider( B to C) who actually asked me to be a distributor instead. He’s losing a ton of business from shipping costs.. Does your team advise on these types of dealings?

Great info, thank you so much! I need to set up a group 401K for my S corp. Any recommendations?

Clearly the idea was great they made a movie about🤣🤣🤣

Nothing illegal like flamethrower shoveling service🔥🤣

Me: Watching a video about small business Mark: "Who would watch a video about small business" Me: Try not to choke cause I'm laughing so hard

This is exciting

Hi Mark, I feel bad asking this in a comment, but I really need a general answer, can I withdraw from a 529 if I don't choose to go to college? I should just pay a 10% fee on any earnings if im not mistaken?

Despite the pandemic, I have about 230k in my investment account and $8000 at least every month as dividends and profits generally. I'm 51 years old and I have always save up for better investments, I have 2 investment accounts, working as an agent/realtor making around 100k -150k a year.

Love it

Timestamp

BAHAHAHAHAHA give me some of that caviar

Vintage

Venn Diagram

😂😂😂"That was hot"❤️

How can I grow my money, maybe double it if I have $50 K right now in my savings account , waiting to be invested? I only have 12 years more to go for early retirement.

2:11 I was wondering when Mark would start criticizing and mocking the viewers and listeners again, which he does in every video/podcast. Didn't expect it to come so early, 2 minutes in! Thank God for Matt who keeps him in check. If it wasn't for Matt I really couldn't stomach watching this very insecure man. The information you guys put out is invaluable and much appreciated but just wish you could drop the smarmy attitude Mark. It's so unnecessary, and to many it's very off-putting, and doesn't add to the humour and levity that you might think it does.

tl;dw?

Don't know how I stopmed onto this. All in all GREAT video 🥇. I also watched those similar from mStarTutorials and kinda wonder how you guys create these vids. MStar Tutorials also had cool information about similiar things on his channel.