Millennials Are Obsessed With Side Hustles Because 'They're All' They've Got (qz.com)
Quartz ran an article over the weekend which captures a growing trend among millennials: to have a side job -- or as many of them call it, the "side-hustle." One of the reasons that people need this other gig is obviously money, but there are other factors at play as well. From the article: The side hustle offers something worth much more than money: A hedge against feeling stuck and dull and cheated by life. This psychological benefit is the real reason for the Millennial obsession, I'd argue, and why you might want to consider finding your own side hustle, no matter how old you are. Now one might say that this "side-hustle" is not a new phenomenon at all. People have since forever have had multiple jobs to make the ends meet. But the author argues that in the post 2008-crisis, we have witnessed a whole generation where one gig would simply not cut it all for many. The article adds: Previous generations have also coped with such semi-tragedy; probably every human ever has been a sort of actor-waiter at some point. In any case, those of us who are employed generally understand ourselves to be lucky. Working as a benefits administrator, an ad-sales rep or even a Facebook engineer might not be the dream job. But your side hustle can keep you from feeling pigeonholed. It's the distraction from your disappointment, a bridge between crass realities and your compelling inner life. In the best-case scenario, your side hustle can be like a lottery ticket, offering the possibility -- however remote -- that you just might hit the jackpot and discover that holy grail of gigs. The one that perfectly blends money and love. The one that's coming along any day now.
Sorry, my free time is worth more to me than a second job.
https://www.eff.org/https-everywhere
They used to call this your "day job." Artists, writers, and musicians all have day jobs, all except the very lucky few that hit it big.
That's what they are... servants.
-1 Uncomfortable Truth
These have been around for awhile. Usually it's a change to
a) Get a little extra cash
b) Do something you enjoy a bit more than your day-job
c) Build skill/experience/clientele
It's not a bad thing to have, especially in your "day job" goes south. I know some people whose side-jobs became a fledgling business and grew from there.
And most of us have them. We leave work and work on something we're passionate about, but might not pay enough. Or might not pay at all. Or we volunteer at a charity. Or at our kid's school. This is nothing new, the number of people looking to make money from them is just increasing. Maybe. Its not like doing side jobs was ever that rare.
I still have more fans than freaks. WTF is wrong with you people?
I'll add to my comment that I've *NEVER* heard this called a hustle, and it seems like a terrible term to use because classically "hustle" has been a term for a scam, con, or some other way of shady way of making cash.
"moonlighting"
So rise up, all ye lost ones, as one, we'll claw the clouds.
I've been playing in bands longer than I've been working in tech.
I do it for the love of music, but the extra cash doesn't hurt either.
We play the game with the bravery of being out of range
Oblig https://www.youtube.com/watch?... If you aren't filling your day with work work work you aren't living! You and your wife should have at least 3 jobs between the two of you. Come on, day care is expensive how else will you afford the Samsung S15 and iPhone 10 Plus+ for your 5 year olds?? Think of the children..
These aren't hobbies. These are folks working second and third jobs because their day job doesn't pay enough for rent + food + car. I don't see a lot of actor-waiters, I see a lot of folks doing Uber on the weekend to make rent.
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I've been doing this since high school. Many friends also, sometimes replacing their day job. Nothing new.
Few people - including those of us too old to be millenials - have truly stable employment any more. Long ago we signed away our rights to contest being fired or laid off. If one job pulls in enough money to keep you afloat, you need the second in order to put money away for when the first one is no longer there.
Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
After I was out of work for two years (2009-10), underemployed for six months (working 20 hours per month), and filed for Chapter Seven bankruptcy, I spent the next two years working a daily job (Monday-Friday) and a weekend job (Friday-Sunday) to recover financially. When I got my government IT job, the two-hour background investigative interview lasted four hours as I had to provide the names and phone numbers of the 20+ contract assignments I've done during that time. The government finds it suspicious if you deviate from what they considered is an average person. An average person would only have one job for two to three years.
Old people are annoyed by what young people do.
On the contrary, I'm definitely "old" by most definitions and I feel for young people. They have it harder than I did in so many ways. You are only young once, and not for long; you deserve to enjoy it.
So let's see, 8 hours to sleep at night, 8 hours for your main job, travel time to and from job, less than 8 hours left in the day for living, and you want to fill that with more work beyond the stuff you need to do like cook and feed yourself/family, taking care of your home/apartment, etc?
Fuck that, where's that extinction-event asteroid when we need it?
I though all these computers and automation was supposed to make us need to work less...
"...probably every human ever has been a sort of actor-waiter at some point."
Could the people who write about millenials' employment habits please go to a state other than California for just one fucking day?
If we had a saner regulatory and tax environment like Canada or half of Europe today this would be the starting point for a lot of new small businesses. Heck, it's a great way for people to try new stuff, get OJT and possibly find a better career than the one they're in.
The number of Pokemon you have collected is not suitable for a line on your resume.
Never mind that my job site has TWO Pokemon gyms.
But if you give it a different, cool-sounding name, you can write a magazine article.
I've never met a software developer, musician, or artist who didn't have a side project of some sort in addition to their "day job".
What?!?
You're putting software developer in the same category as musician or artist?!?
Which one of these things doesn't belong?
We play the game with the bravery of being out of range
Quartz ran an article over the weekend which captures a growing trend among millennials: to have a side job--
Oh, boy, sounds like somebody's written another article that describes twentysomethings doing normal, everyday things as if they were members of a completely alien species having incomprehensible interactions with the fabric of the fifth dimension.
I wonder how out-of-touch and annoying this particular article is going to be? All right, I'm taking a deep breath. How bad could it possibly be? Here we go, let's do this.
--or as many of them call it, the "side-hustle."
Oh, God, my eyes! I wasn't ready!
I'm sorry, but this is straight-up nonsense. I've worked as many as 3 jobs at a time to make both ends meet in the middle, and no -- it's not a positive thing. At this point, I'm self- employed, and finally able to spend time with my family, which is actually what I want to be doing.
Just because you dress up your poverty as a plus (e.g. "Being unable to afford food has helped me lose 90 lbs!" or "I'm in the best shape of my life, because I walk 10 miles a day. How did I find the motivation to exercise this much? I got my car repo'd!"), does not mean that you should advise others to try it. I'm happy that I can afford food and a car. I'm also happy that I can do that with only 40-ish hours of work each week.
My IT support contracts for the last 10+ years prohibits me from working more than 40 hours per week. Since my day job pays the bills and I got the time, I'm free to hustle after work and on the weekends.
Dag Nabbit those lazy Mellennials who are working multiple jobs. Why don't they settle in one good paying job!
No we will not retire (We are going to stay at our high paying jobs until we die), we will not train you to take our position. We will tell them to work hard, when they do we will show them that life isn't fair and hard work isn't the case but just luck.
We want America like it was when the rest of the world was bombed out and rebuilding from WWII. To show how special we were because everyone happened to be in the middle of the war.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
Millennials are obsessed with side hustles solely so they can use the phrase "side hustle".
He's a Rust programmer. The elegance and beauty of his code speaks for itself.
Breakfast served all day!
I've never met a software developer, musician, or artist who didn't have a side project of some sort in addition to their "day job".
What?!?
You're putting software developer in the same category as musician or artist?!?
Which one of these things doesn't belong?
Writing software is considered a creative act.
I was one of the participants in the Department Of Labor study that decided that,
Jobs that are more than 50% creative are exempt from overtime pay requirements. Software engineering, unless you are job-shopping it as a contractor is considered more than 50% creative. Which means that if you are salaried, you don't get overtime pay.
Personally, when I write software, it's being processed in the part of my brain that processes music. Meaning I literally can't write software if there's music playing at the same time.
As opposed to the older generations, up front they actually know what they are getting into and need to prepare for a life where you can't take anything for granted and you need to fight tooth and nail to keep what you have. So I'm not surprised by the whole multiple job thing increasing.
Feel bad for us old fucks, we bought into the American Dream because that's what our parents told us to do. Go to college, get a job somewhere for 30 years, buy a house, have some kids etc. But then we found out the hard way that even when you do the right thing your job loyalty means nothing. Your house can be taken away in a minute flat and you can lose a huge amount your retirement savings over the whims of greedy idiots on Wall St. Oh and don't have a serious medical issue or you will lose job/house/saving all in one.
So why I can't promise an easy life for the younger generations, at least you know up front the American Dream is a total lie and to change your thinking accordingly. Newsflash right?
Mind you I'm talking about the Middle class here. The "Lower" class has always been fucked and always will be. Working 2-3 jobs has always been the norm.
Again as always a BIG fuck you to all the scumbag companies who pushed our jobs overseas because they had to "stay competitive" and manufacturing in the USA was too expensive. Fuck you, fuck you, fuck you.
I find it easier to check around bus stops and parking lots for discarded lottery scratchers to enter into the second chance drawing website. Never won anything online over the last eight years, but I did find an unused scratcher stuck to another scratcher that was a $20 winner. After the Great Recession, I found and entered 500+ scratchers over a two year period (2009-10). These days I'm lucky to find a half-dozen or so scratchers each month.
I'm a software developer and other than my first underpaid out-of-college job (when I had 4 jobs), I've never had a second job. I do a lot of church volunteer work on the side, but I've never had a paid second job.
Peter predicted that you would "deliberately forget" creation 2000 years ago...
we need single payer health care to make this work good. Be for people get to the braking bad level just to pay there doctor bills off. Or letting the jail / prison system take up the slack at a much higher cost.
This part interested me:
It’s true, the 2008 crisis forced plenty of people to look for additional sources of income, not least of all the recent graduates who, with little experience and limited networks, were confronting the job market for the first time.
Really? I thought the 2008 crisis was when the housing bubble burst. Are people who are "confronting the job market for the first time" really looking to get home loans? Or was it just that their first jobs didn't pay all that great?
Statements like this one just reinforce in a lot of older people's heads the idea that Millennials, as a group, are the "everyone deserves everything" generation. What did these people expect when they had "little experience and limited networks"? Did they honestly think anything had changed about first jobs since the dawn of time? My first job was at a goddamn 7-Eleven, FFS. No reason to go looking for some bullshit armchair economist's theory of why that was.
Breakfast served all day!
We need new laws so that worker misclassification stops or that places that call someone an 1099 do not have the level of control that they have right now.
Right now we have uber that is pushing the limits of 1099's.
Amazon Prime Now Delivery Drivers where they controlled there routes / uniforms / training / geographical boundaries / etc but they called them 1099's to get out of overtime / minimum shift pay for people required to report to work / fuel, insurance, maintenance, tolls and other vehicle expenses / etc.
You young whipper snappers get off my lawn!
SJW: a person who perceives an injustice, and while correcting it, commits a greater injustice.
Most software developers believe "coding" is an art. /. is full with posts of "such believers".
Most software developers I know don't have a second job ... However I work sometimes on several projects as a consultant simultaneously. I hate it to sit a customer site and have a 40h/week when I only have work for 15 or 20 hours.
So I rather honestly bill them less and have a second project.
Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
Woody plays his clarinet on Monday evenings in the Woody Allen & the Eddy Davis New Orleans Jazz Band in New York City. I'm pretty sure he's not a millennial nor does he need the extra cash.
My wife has a male second cousin who married two years ago right out of college to a women also just out of college. They now live in a large metro area of ~3 million and both have responsible jobs in secure industries. They have little or no college loans to pay off and were able to buy a nice, 2 BR condo in a good part of town. They do not subscribe to pay tv but are very computer - Internet savvy. Never the less he occasionally drives for Uber on weekends and she has been selling on eBay some kind of do-dads she makes. In meeting them I get the feeling they are just go getters. I know he's a smart investor and right now is looking around to buy a condo to rent out in town where there is a real shortage of housing. He may turn into a real estate baron, but hopefully not like the one that's been in the news lately.
In a time of universal deceit, telling the truth is a revolutionary act. George Orwell
Actually I m cutting back to three days a week, for 90k ayear, and mentoring two replacements. One is Chinese, she'll probably work out. The other one seems a bit useless, !ike most wasp engineering graduates these days. Get off that fucking phone.
This just sounds like the same old thing with new buzz-words.
I see three things here:
Folks doing a second income because they have to, and perhaps in an area they like, but not necessarily.
Folks doing a second job, maybe not even making much at it, because they like the work (and would probably do it as a sole job if it would pay the bills).
Folks with hobbies because, well, why not, and they don't need the income and stress from "clocking in". They can stop or pause these things whenever.
I'm in the third boat. I make 125K/year in a boring IT government job. I'm bored, writing right now, on my lunch. I've had my own business, but gave it up after a couple years after being at the IT government job because it was a hassle juggling both, and doing a job late at night and having a problem the next day is not good for the day job.
My hobbies include: kayaking, amateur radio, and firearms. Pretty much all of my spare time goes into these activities as much as I can.
Amateur radio has me volunteering a good deal, at various events providing extra/backup comms, plus minor firstaid-type help. It's fun and another social outlet, and the family participates as well.
My guess is most folks progress from the first type of activity to the second (more enjoyable second job), and if they can afford it finally to the third (hobbies only).
The Affordable Care Act lacks hard "maximums" for precisely this reason. It has a cutover from Medicaid to the Marketplace between 100% and 137% of the poverty level, and then the premium subsidy has a sliding scale that phases out gradually between 100% and 400% of the poverty level.
What canada do you live in that doesn't have an insane, through the roof, bubbled property market?
No one under 40 can afford a house in canada. Heck even most gen-xers would have had to buy in around 2008 or so to get even a moderately affordable townhouse!
In the major cities (toronto, vancouver) under 40s can't even afford condos anymore! Its all rich foreigners and investors now, and the rental market is being squeezed hard. Hard to find a 2 bedroom in the lowermainland for under 1800 now adays...
As a potential lottery winner, I totally support tax cuts for the wealthy
Dunno... I think I have to cut the author of the original article a little more slack than the parent poster is doing.
I'm not here to argue for the term "side hustle" as the best choice of words. But traditionally, you had a lot of people who worked one full-time or "career job". And then when situations arose where that wasn't cutting it for them to maintain whatever lifestyle they were used to, they'd take on a second job. Sometimes we called this "moonlighting".
The thing is, this "side hustle" seems to me like it's a little bit different. The traditional taking on a second job tended to involve selecting something relatively non-demanding. You might work the night shift at a local gas station, for example, or deliver pizzas. It wasn't usually anything you actually enjoyed doing, but rather, something you could *stand* to do after already putting in an 8 hour day at your primary job. I think what the Millennials are talking about is figuring out something you already kind of like doing, and turning it into a small side business opportunity. It's not about applying for entry level jobs in retail businesses. It's about making the effort to print up business cards or flyers and building a promotional web site, and convincing people they should buy some product or service from you that you can provide in your spare time. BUT, it's a "hustle" because you're probably trying to "fake it until you make it". You want your customers to THINK they're dealing with an entrepreneur who is working on getting that big business loan or venture capital money before long, to really grow the business into something big. But in reality, you're going to make up excuses why you're out of something or can't be there at 3PM next Thursday when your customer would really like the service. Because this is about some extra money on the side; not a hyper-focused effort on going full-time with what's offered.
If there's anything that's a sad commentary on today's society, I think it's not so much that you've got a generation willing to do some of this for the sake of regular trips to Starbucks. But rather, it's sad that the traditional "moonlighting" job positions are often not even available for that purpose today -- because you've got so many applicants who need those as their MAIN job to survive.
Millennials Are Obsessed With Side Hustles Because 'They're All' They've Got
Why put just "they're all" in quotes? It "looks really" weird.
systemd is Roko's Basilisk.
You can find a primary job that gives you a stable enough set of work hours to carry a part time secondary job as well. If you are mostly in the minimum wage to low 15s (maybe 20s now.) most of the jobs are rotating schedules (especially food service, non-cashier retail, convenience marts) Which often interferes with your ability to consistently manage a side job without having to find a new primary job as well.
Maybe my experience is out of the norm, but I have had multiple other friends from across the US vouch for similiar situations, becoming trapped in a min wage job that barely meets their expenses without offering enough time surrounding it to educate, get out, or otherwise advance to somewhere better.
"A hedge against feeling stuck and dull and cheated by life" So you 'hedge" against this by working more? When I'm feeling "stuck and dull and cheated by life", I go and do something fun or interesting. If you need a second job to pay bills, you're not cheated by life: you're simply surviving. Millenials are more screwed up than I thought...
or LA forget public transportation. And if you do the extra cost of living there will negate any savings on a car. Our entire transportation system is one big catch 22 built by the Car companies in the 50s and 60s to maximize their profits. The Millennials weren't even alive when those decisions were made so it's not like you can blame them.
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Europe has a better UBI than the US. In the US you're still expected to work at least once in a while, in return here in the US we pay way less taxes.
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...because if they don't, they will become homeless and therefore be labeled drug addicts and mentally ill and worthless and they will get beaten up and burned by groups of teenagers, and stomped on and beaten up by police. And their former friends living in $6000/mo Bashiki designed Ikea hell apartments won't have anything to do with them.
The other problem is they were sold a bill of goods that says you HAVE to have a traditional 4 year degree, to get a job. In the early 70's, my HS counselor was asking me what college I wanted to go to. I told him I didn't really want to go to a "normal" college and learn all the crap they make you learn. He asked what I really wanted to do. I told him I LOVED playing around with electronics. He said how about a technical college. After explaining it to me, it was a no brainer. I went to a 2 year tech college, didn't have to go into debt (back then, a 4 year would have cost you 10,000 at most). I went to Texas and worked for Texas Instruments for a couple years, moved back and have been gainfully employed, no layoffs, cutbacks in my field. Today, getting a 4 year BS degree can leave you in such debt, and the jobs in some markets if you can find one in your degree field, pay squat, forcing some to have 2 jobs, 3 jobs, just to pay rent (that is if they move out of mom & dads). Everyone complains about "big oil" big pharma" etc, but this country needs to have a SERIOUS discussion about "big college". A major university can pay their presidents way over 6 figures, over 7 for their sports coaches, professors earn a ton, sometimes using teacher aids to actually teach the class because they are too busy writing books and what not. Universities are nothing more than money generating. And boy to they build palaces to themselves. Perhaps not building new sports stadiums all the time, glass and marble halls to stupidity, the price of college could come back down. Considering the lack of real knowledge coming out of 4 year colleges, I wouldn't spend my money supporting them.
Now they get on my lawn at 10pm. In the old days they were off it by 7.
Table-ized A.I.
Who DOES that???
Scavengers.
Being a Gen-X'er, I bought into the life-script of go to college, get good grades, get a "real job" with good pay and benefits, work for 30+ years, and retire with a big nest egg. What they (society) doesn't tell you is that while the old rules worked fine for Joe and Jane Average 30-40 years ago, they don't work so well now. The ROI of an expensive college education is becoming increasingly questionable, given the current environment of wage stagnation, globalization, and automation technology.
Speaking for myself, despite the Great Recession and mediocre wages (the best I ever get is 3% annual raises), I have been moderately prosperous for the past 15 years. I haven't let "lifestyle inflation" cut into my savings rate, and I run a tight ship financially as I have no credit card debt and my only debt is a 30-year mortgage. In addition to my day job income, I average $700 per month from my dividend investing portfolio which is currently yielding approximately 10% annually. It has taken me 8 years of steady investing to get here, and I'm almost at the point where my dividend income can pay for my minimum monthly mortgage payment (should I so choose). Making money without trading one's time is a truly wonderful thing.
As for "side hustles" or moonlighting, I think it has become a necessary tool in overcoming wage stagnation. While I don't have a side-hustle, I am considering doing side work as a freelance writer to cultivate a third source of income and to have greater opportunities than what my day job can provide.
If you really want your eyes opened about how the game is played and how to use a different playbook to get ahead, then read the following books:
* Rich Dad, Poor Dad by Robert Kiyosaki
* The 4-Hour Work Week by Timothy Ferriss
* The Millionaire Fastlane by MJ DeMarco
Are we suggesting millennials invented the second job now?
The author is moonlighting as a coiner of new phrases for old things. Wish him the best, and hope his boss doesn't find out.
For all intensive purposes, "whom" is no longer a word. That begs the question, "who cares"?
People have since forever have had multiple jobs to make the ends meet.
Not in civilized countries I would argue.
"we are all atheists about most of the gods that societies have ever believed in. Some of us just go one god further."
Yeah, all that. I bought into the same life script. I'm behind where you are, however. I don't have a portfolio, and my wife and I still have leftover college loans we're working on. And two kids. We're focusing on the college loans at the moment. After that it's portfolio time. We'll miss maybe the next 3 years of investment while we focus on getting caught up.
And like our millennial friends under discussion, I have a side job. The whole purpose of which is to get those old college loans paid off so I can get to Happy Portfolio Land and start working on my retirement. I can pay the bills with my current job easily, but progress on old debt is glacial without the second income. I hope to be where you are right now, as soon as I can manage it. And I'll check into your reading list - sounds interesting.
And I'll also offer up a good tip to anyone reading this article this far down. I know an excellent way to score a second job, which I discovered accidentally and has worked well for me: Work well at your current job, and then quit under amicable terms, and offer to help out after you're gone.
If your current job is something you could do part time from home (and let's face it - a lot of IT jobs with a little creativity and a few bash scripts could be), then make that happen. Use your time at work to groom it as a second job. Optimize everything. Work it like you're trying to put yourself out of a job. Then put in your two weeks after you find something better. At this point your negotiation skills will come in to play. Make your pitch. Your employer gets the benefit of having the same work done, by the exact same guy, but at half price. And they don't have to pay for insurance, vacation time, etc. Your new job will cover all that, and your old job will become your extra income. This isn't theoretical advice either, I have actually done this.
A few style points to mention. Give old job your cell phone so they can contact you, but let them know that your full time job is a priority. Don't endanger your bread-and-butter job over any issues with the side job. And one last point - if you do this, do not cheat on your taxes. Ever. Claim all your income. Your old job will be reporting you as a liability, so the IRS will already know about you. Play it above board, always. You'll thank me later.
Weaselmancer
rediculous.
Millennials typically aren't the ones writing stories about millennials. It's usually the previous generation complaining about whatever it is the new generation is doing.
I knew that second chance thing was bogus, thanks for confirming it.
I think you ought to know I'm feeling very depressed about that article.
I used to know a guy, old enough to have served in Vietnam, whose life was basically side hustles. His wife had the "real" job, and he went out and ran various money-making schemes that were profitable enough to be useful. One of his schemes got him his house, for example. I had an uncle who hated regular work, so he got in with the local entrepeneur communities and made his living with over-the-counter stock trading. This isn't exactly new.
Working a "day job" and trying something else at night was fairly common for artistic and performer types, hence the phrase "don't quit the day job".
What's making part of the difference is computer capability. I have a non-computer wargaming hobby, and in the 1970s or so it took big bucks to make something look professional and finished. Despite the collapse of the hobby (after it became computerized), I can get better-looking and better-made games and such from people working out of their garage and able to do this for fun than I could from the business in the 70s.
"When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
Name one of us who, when young, didn't screw up and make mistakes. I'm not going to be one of those geezers who says that "when I was young blah blah blah." As I said above, I think we had it better than today's kids, who have so much to cope with and sadly, less of a bright future.
I think this has more to do with millennials being saddled with more job insecurity than ever before. It would simple make sense to have a side job (or side hustle, whatever stupid hipsters) when the job you're in could end at any time.
All those employment statistics that people see fail to really show how many of those "created" jobs are part-time, short term, contract, consults, etc... The side job also basically gives you more experience when you inevitably have to start looking for a new job every 6 months. Between outsourcing, insourcing, weakening unions, companies wanting "flexible" work forces, etc... it is no wonder really.
I don't think it is totally about money (though I'm sure that's part of it), boredom, or liking some hobby in particular, or dream job. I think perhaps that some may seen value in doing something the actually enjoy on the side just in case they can get it to pan out. Not only are they doing this on "their" time which has meaning, but also they'll be more motivated to stick with it if they do, and understand that it likely has more experience value than just getting shifts in retail or service.
For example: You could be a fresh young coder out of school, you manage to land a coding job, but it is long hours, contract, doesn't pay great, and you are constantly looking at job postings to keep employed with the next coding gig. However you are also an artist, so you do that on your own time/dime, but try to make a go of it as best you can say using social media and a web store you created, while trying to sell some original works where ever you can. You probably don't make a lot of money doing it, but enjoy it so it isn't so bad. Thinking down the road, perhaps you'll be involved in a project or a job competition where they are looking for an artist for a video game where coding might be an asset (or vice versa). You may have made a bit of a history of work and have a portfolio to show and be an established (somewhat) successful artist. I believe in investing it is called having a diversified portfolio...
Anyway just my take on it. I think if I was put in the same situation that is how I might approach it.
I disagree. The whole point is *always* to find a niche, though. You can't sell just any old thing online and expect money to keep rolling in. I used to do computer support for a guy in St. Louis, years ago, who started a business out of his mom's basement selling motorcycle windshields. He'd collect them up at salvage yards and anyplace else he could get them cheap, store them in the basement with little tags telling what size they were and what they went to -- and listed them online.
It wasn't like he got rich off of it -- but it brought in enough income so it paid his bills and supplemented his mom's social security checks.
Does being unemployed count as a side-job??
"It is no measure of health to be well adjusted to a profoundly sick society." - Jiddu Krishnamurti
Yes. He put in some work, ran an e-commerce site, and got a decent income out of it. Anybody else could have done exactly the same, so if that became known as a way to make lots and lots of money without much work, there'd be so many people searching junkyards and putting up motorcycle windshield sites that it would become mostly unprofitable.
Your historian friend is in the same situation, except that he did a whole lot of work because he liked doing it, and that's a big competitive advantage. Any competitor would have to put similar amounts of research time into it, and the money alone presumably wouldn't justify the prep work that would have to go into it.
"When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes