Side Hustle Forum

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Abbie Doobie

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Re: Side Hustle

Post by Abbie Doobie » Fri Nov 13, 2015 3:40 pm

op, have you tried this ONE WEIRD TRICK?

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Lacepiece23

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Re: Side Hustle

Post by Lacepiece23 » Fri Nov 13, 2015 3:52 pm

FutureLitigator wrote:It depends on what you can do, what you want to do, and how much capital you have. You can always start a business, in the Bay Area, everything is booming, but again it depends what you want to do, and can possibly do.
My "Side Hustle" was music. Pressing & Distribution(modern), Artist & Repertoire, Mixing&Mastering/Audio Engineering/production. That and I wanted to go into selling music equipment like guitar center(lol) but my building would have a recording studio as well.
I stopped pursuing music because it was always just a hobby and my hobbies are 100% being a book worm lately, although I am thinking about starting a publishing/consulting LLC. I just don't really have the ambition for it because I love law. If I were to focus on a company, it would be a general contracting(construction) one in the Bay Area. My friend/client from my music firm out of nowhere acquired a collections agency and I watched him run it for a little bit and he made alot of money!
I'm 22, you don't need to work at Uber.(although I have nothing against it)
Why are you posting in this thread? Are you are a 22 year old lawyer?

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sublime

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Re: Side Hustle

Post by sublime » Fri Nov 13, 2015 4:05 pm

..

fauxpsych

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Re: Side Hustle

Post by fauxpsych » Fri Nov 13, 2015 4:12 pm

sublime wrote:
Lacepiece23 wrote:
FutureLitigator wrote:It depends on what you can do, what you want to do, and how much capital you have. You can always start a business, in the Bay Area, everything is booming, but again it depends what you want to do, and can possibly do.
My "Side Hustle" was music. Pressing & Distribution(modern), Artist & Repertoire, Mixing&Mastering/Audio Engineering/production. That and I wanted to go into selling music equipment like guitar center(lol) but my building would have a recording studio as well.
I stopped pursuing music because it was always just a hobby and my hobbies are 100% being a book worm lately, although I am thinking about starting a publishing/consulting LLC. I just don't really have the ambition for it because I love law. If I were to focus on a company, it would be a general contracting(construction) one in the Bay Area. My friend/client from my music firm out of nowhere acquired a collections agency and I watched him run it for a little bit and he made alot of money!
I'm 22, you don't need to work at Uber.(although I have nothing against it)
Why are you posting in this thread? Are you are a 22 year old lawyer?

As a reminder, please do not post in the legal employment forum as a 0L.

His post history is all over the place though. Passed bar in PA? Accepted into Cornell with scholly with worse # than 160/3.3? 22 y/o? Misses law school?

FutureLitigator

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Re: Side Hustle

Post by FutureLitigator » Fri Nov 13, 2015 4:43 pm

I made a mistake. Immediately I couldn't delete it because you irrelevantly quoted me, without sharing any insight. The same person who brags about being an URM and getting in with low #'s and a scholarship. I, on the other hand, was an immigrant from Romania, who doesn't get any student loans, let alone scholarships, and have worked hard to guarantee I will be able to go to Law School, because I love it! So If I don't get any support, so be it, I will still go! The only reason I am in UG, is because I started school when I knew I wanted to go to LS. Didn't mean to post on something as an 0L, but it said Side Hustle so it was misleading.

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lymenheimer

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Re: Side Hustle

Post by lymenheimer » Fri Nov 13, 2015 4:45 pm

fauxpsych wrote:
His post history is all over the place though. Passed bar in PA? Accepted into Cornell with scholly with worse # than 160/3.3? 22 y/o? Misses law school?
You looked at the wrong post history (and likely misunderstood sublime).....

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Re: Side Hustle

Post by Anonymous User » Fri Nov 13, 2015 4:48 pm

lymenheimer wrote:
fauxpsych wrote:
His post history is all over the place though. Passed bar in PA? Accepted into Cornell with scholly with worse # than 160/3.3? 22 y/o? Misses law school?
You looked at the wrong post history (and likely misunderstood sublime).....
Youre right. What I get for sneaking on here at work.

fauxpsych

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Re: Side Hustle

Post by fauxpsych » Fri Nov 13, 2015 4:49 pm

Anonymous User wrote:
lymenheimer wrote:
fauxpsych wrote:
His post history is all over the place though. Passed bar in PA? Accepted into Cornell with scholly with worse # than 160/3.3? 22 y/o? Misses law school?
You looked at the wrong post history (and likely misunderstood sublime).....
Youre right. What I get for sneaking on here at work.
Shit, didn't mean to anon

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Rlabo

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Re: Side Hustle

Post by Rlabo » Fri Nov 13, 2015 5:19 pm

I'll be graduating at 23, just saying.

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Lacepiece23

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Re: Side Hustle

Post by Lacepiece23 » Fri Nov 13, 2015 5:34 pm

fauxpsych wrote:
sublime wrote:
Lacepiece23 wrote:
FutureLitigator wrote:It depends on what you can do, what you want to do, and how much capital you have. You can always start a business, in the Bay Area, everything is booming, but again it depends what you want to do, and can possibly do.
My "Side Hustle" was music. Pressing & Distribution(modern), Artist & Repertoire, Mixing&Mastering/Audio Engineering/production. That and I wanted to go into selling music equipment like guitar center(lol) but my building would have a recording studio as well.
I stopped pursuing music because it was always just a hobby and my hobbies are 100% being a book worm lately, although I am thinking about starting a publishing/consulting LLC. I just don't really have the ambition for it because I love law. If I were to focus on a company, it would be a general contracting(construction) one in the Bay Area. My friend/client from my music firm out of nowhere acquired a collections agency and I watched him run it for a little bit and he made alot of money!
I'm 22, you don't need to work at Uber.(although I have nothing against it)
Why are you posting in this thread? Are you are a 22 year old lawyer?

As a reminder, please do not post in the legal employment forum as a 0L.

His post history is all over the place though. Passed bar in PA? Accepted into Cornell with scholly with worse # than 160/3.3? 22 y/o? Misses law school?
I didn't have a GPA worse than a 3.3. My GPA was a 3.6 albeit with a lower lsac GPA. I had a worse LSAT score than the person who I was giving advice. So i suggested that that person would probably get in with a scholarship to Cornell.

Also, I have never bragged about being a URM and getting a scholarship. All I did was share my numbers to someone who was hoping to get into law school, and what my outcome was with similar numbers. That was helpful when I was applying so I like to pass things forward.

Finally, I do not usually say anything when 0Ls post in this section. But I get annoyed when people who haven't gone to law school say things like "i love the law" when they have neither attended law school or ever practiced. Just bugged me. That is all. I wasn't bashing him for whatever his side hustle is, but how does he or she know that will work in a biglaw context without ever going to law school let alone practicing. And my post history is not all over the place. I have provided helpful advice to numerous people on this forum over the years.

FutureLitigator

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Re: Side Hustle

Post by FutureLitigator » Fri Nov 13, 2015 11:06 pm

You picked the wrong 0L. I do feel dumb for posting in this section but I misunderstood the post, and from what this thread delineates, I had every right to! I thought it was about "side gigs" while in L/S. I have worked to be able to afford all of my tuition+rent etc, and the only reason I did that is because I want to go to law school! So I want to be a lawyer, other than that, I already am an entrepreneur,

I might not have practiced law yet, but I would say getting excited to read a law book on monday at 5am is loving the law. And working construction since 15 to save up not only all required to attend UG, but also try to have sticker price+living expenses for L/S as well (just incase! to be able to attend regardless, on top of that I have a 4.0+ 3 years of LSAT studying and whatever I get on it) So yeah, I love the law.

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A. Nony Mouse

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Re: Side Hustle

Post by A. Nony Mouse » Sat Nov 14, 2015 12:08 am

Stop derailing the thread. 0Ls should not be posting here. There's no need to justify or rationalize. Thanks.

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tmanix

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Re: Side Hustle

Post by tmanix » Sat Nov 14, 2015 12:57 am

A. Nony Mouse wrote:Stop derailing the thread. 0Ls should not be posting here. There's no need to justify or rationalize. Thanks.
http://duncankennedy.net/documents/Lega ... %20Law.pdf

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A. Nony Mouse

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Re: Side Hustle

Post by A. Nony Mouse » Sat Nov 14, 2015 1:12 am

Damn, I've been unmasked.

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Re: Side Hustle

Post by Anonymous User » Sun Nov 15, 2015 11:01 am

Anonymous User wrote:I'd be interested to hear of someone's experience using elance or other similar freelance services.

I'm a first year biglaw associate and have been thinking about the side hustle. Every month, 1 out of 2 paychecks goes straight to loans + rent.
This is a terrible idea. Most biglaw firms have anti-moonlighting clauses in them. Even if they didn't, it would be your ethical responsibility to report this to your firm for conflicts reasons. And then they'd think you were crazy for not focusing 100% on them. Side gigs as an attorney are not the way to go.

Hutz_and_Goodman

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Re: Side Hustle

Post by Hutz_and_Goodman » Sun Nov 15, 2015 11:08 am

I know a big law associate and he/she successfully ran a dog boarding and walking business on the side. This person had two dogs to take care of anyway, so would look after up to three or four more and/or add more dogs to the walk. I would guess you could make like $5-10k a year doing this on the side, since dog boarding in NYC is ~$30-40 a night and walks are often $20 a half hr. But obviously dog walking opportunities are very limited for someone working big law, and dog boarding tends to be more busy on weekends and holidays than weekdays.

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n1o2c3a4c5h6e7t

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Re: Side Hustle

Post by n1o2c3a4c5h6e7t » Wed Nov 18, 2015 12:52 am

Buying and renting out real estate has low time and administration costs, and if you look in the right regions you will make far more than 9% (the historical stock-market average), if you include appreciation and rent. Note that multiplexes offer the highest ROI.

That said, I'm sure all of this is phenomenally expensive in CA (whether or not it's the Bay area), but I own a rental property in TX that is making me 15-20% after all costs, and I plan to buy several more properties once I start working. I'd look at properties in the large TX markets, if you don't mind the (relatively minor) inconvenience of administering rental properties in different states. Chicago is also another great rental market. Both TX and Chicago are very affordable in terms of housing, and you should be able to easily pay off one property per year on a biglaw salary (depending on your student-loan and COL situation, of course). This can become self-sustaining very quickly.

I'm impressed with anybody that can have a second source of active income in addition to biglaw, but passive income is generally the way to go. Stocks are also nice for their diversification value.

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Re: Side Hustle

Post by Anonymous User » Wed Nov 18, 2015 1:16 am

OP here: I think investing in rental properties/stocks might be the way to go. I can't imagine actually spending the little free time I do have, actively working on another job. Thanks for the tip....now if I could just find the money to purchase some property lol.

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052220152

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Re: Side Hustle

Post by 052220152 » Wed Nov 18, 2015 1:23 am

damn that 22 year old kid sure loves the law!

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