Index

A

  • accessing foundational/tax documents, 164–166
  • accountants, for taxes, 182
  • ACH payments, 162
  • active investors, 160
  • adding side hustles, 229–238, 270–271
  • adjusting strategy, 307–314
  • advertising, budgeting for, 154
  • alternative lenders, borrowing money from, 159
  • analytics, record-keeping and, 170–173
  • Angi, 302
  • apartment complex, running side hustles from, 138
  • approving outside activities, 211–213
  • APS Payroll, 162
  • Arizona Corporation Commission, 128, 165
  • articles of organization, 128
  • assets
    • compared with investments, 34
    • monetizing, 33
    • selling off, 272
  • Astera, 168
  • audio resources, using your employers', 216–217
  • avoiding
    • day job conflicts, 201–228
    • employer tricks, 219–228

B

  • backup and catchup plan, record-keeping for, 168–169
  • backup supply chain, 117
  • balanced portfolio, 232–234
  • banks, borrowing money from, 158
  • bills, paying, 162
  • Blockchain For Dummies, 2nd Edition (Laurence), 37
  • boredom, 60–61
  • brainstorming
    • about, 76
    • for business plans, 280–284
    • transforming into value chain, 81–86
    • what, 76
    • where, 77–78
    • who, 77
  • Buddha Mega Menu, 116
  • budgeting
    • about, 143–144
    • advertising, 154
    • in business plans, 93
    • forecasting revenue, 143–150
    • gross revenue compared with net revenue, 150–151
    • legal issues, 154
    • marketing, 154
    • outside services, 153
    • planning expenses, 151–156
    • property, 155–156
    • raw materials, 151–152
    • real estate, 155–156
    • safety, 154
    • tech expenses, 153
    • tools of the trade, 152–153
    • transportation expenses, 155
    • travel expenses, 156
    • vehicle expenses, 155
  • building
    • balanced side-hustle portfolios, 231–232
    • business plans, 89–94
    • craft jewelry, 66–69
    • products, 104–107
    • timelines, 78
    • travel-related lifestyle videos, 62–65
    • videos to monetize online content, 100–104
  • business assets
    • compared with investments, 34
    • monetizing, 33
    • selling off, 272
  • business deductions, 183–184
  • business liability insurance, 154
  • business name, choosing, 130–131
  • business plans
    • about, 89–90, 279
    • brainstorming for, 280–284
    • business processes, 93
    • creating, 89–94
    • customers, 92–93
    • elevator pitch, 90–91
    • financial aspects, 93
    • key players, 92
    • major milestones, 91–92
    • mitigation, 93–94
    • overview, 90–91
    • risks, 93–94
    • schedule, 91–92
    • time commitment, 91
  • Business Process Change, 3rd Edition (Harmon), 81
  • business processes, in business plans, 93
  • business structure
    • C corporation, 124
    • choosing, 123–130
    • limited liability company (LLC), 127–128, 180, 191–192
    • limited liability partnership (LLP), 124
    • partnership, 126–127, 180
    • S corporation, 129–130, 180, 189
  • businesses
    • choosing name for, 130–131
    • choosing structure for, 123–130
    • legal issues, 135–139
    • running side hustles like a, 123–139
    • technology and, 131–135

C

  • C corporation, 124
  • calculating
    • estimated income taxes, 193–194
    • passive income side hustle life span, 299–300
  • callouts, in leases, 138
  • career
    • milestones, as a component of scheduling start of side hustles, 283
    • as a reason for having a side hustle, 15–16
  • CARES (Coronavirus Aid, Relief, and Economic Security) Act, 159, 175
  • CC&Rs (covenants, conditions, and restrictions), 137–138
  • certificate of formation, 128
  • Cheat Sheet (website), 4
  • checking
    • for conflicts, 236–237
    • propositions, 240–246
  • choosing
    • business name, 130–131
    • business structure, 123–130
  • circle of trust, 245
  • city taxes, 193
  • climate change, 263–265
  • COGS (cost of goods sold), 152
  • collaboration, 56–57
  • collecting
    • payments, 161–162
    • teams, 242–244
  • commercial zone, 136
  • company premises, using your employers', 218–219
  • company time, using your employers', 218
  • company Wi-Fi networks, using your employers', 214–216
  • compensation, partners and, 252
  • competition, changes in, 265–266
  • comps, 149
  • computers, using your employers', 213–214
  • conducting delivery services, 107–109
  • conflicts
    • about, 201–202, 278–279
    • approval of outside activities, 211–213
    • avoiding, 201–228
    • avoiding employer tricks, 219–228
    • checking for, 236–237
    • of commitment, 205–210
    • conflicts of commitment, 205–210
    • conflicts of interest, 204–205
    • employer issues, 202–210
    • of interest, 204–205
    • noncompete clause, 203–204
    • using employer resources, 213–219
  • content, presenting, 61–62
  • contracting, to provide services, 28–29
  • controlling
    • failure, 58–60
    • success, 275–290
  • Coronavirus Aid, Relief, and Economic Security (CARES) Act, 159, 175
  • Corporation Commission filings, 153
  • cost of goods sold (COGS), 152
  • covenants, conditions, and restrictions (CC&Rs), 137–138
  • COVID-19 pandemic
    • about, 19–20
    • Great Resignation and, 290
    • lending programs and, 159, 175
    • tax filing extensions during, 194
  • craft jewelry, creating and selling, 66–69
  • creating
    • balanced side-hustle portfolios, 231–232
    • business plans, 89–94
    • craft jewelry, 66–69
    • products, 104–107
    • timelines, 78
    • travel-related lifestyle videos, 62–65
    • videos to monetize online content, 100–104
  • Creating a Business Plan For Dummies (Curtis), 94
  • criticism, 57
  • Curtis, Veechi (author), Creating a Business Plan For Dummies, 94
  • customer relationship management (CRM) software, 133
  • customers
    • in business plans, 92–93
    • changes in, 260–262
    • interacting with, 256–257

D

  • date, marking for launch, 113–114
  • day job conflicts
    • about, 201–202, 278–279
    • approval of outside activities, 211–213
    • avoiding, 201–228
    • avoiding employer tricks, 219–228
    • conflicts of commitment, 205–210
    • conflicts of interest, 204–205
    • employer issues, 202–210
    • noncompete clause, 203–204
    • using employer resources, 213–219
  • DBA ('doing business as') names, 130
  • decentralized finance (DEFI), 34
  • delivery services, conducting, 107–109
  • delta, 285
  • Diamond, Stephanie (author), Social Media Marketing For Dummies, 118
  • direct deposits, 161
  • direct payments, 161
  • dividing workloads, 257–258
  • documentation
    • about, 163–164, 166
    • analytics, 170–173
    • archives, 173–178
    • backup and catchup plan, 168–169
    • catchup plan, 168–169
    • foundational documents, 164–166
    • official records, 166–168
    • tax documents, 164–166
    • technology for, 169–170
    • tools for, 169–170
  • 'doing business as' (DBA) names, 130

E

  • elevator pitch, in business plans, 90–91
  • employee agreements, 225
  • employees, paying, 162
  • employers
    • avoiding tricks of, 219–228
    • navigating issues with current, 202–210
    • using resources of, 213–219
  • ending side hustles, 259–273
  • environment, adjusting side hustles due to, 309
  • environmental influences, 82
  • error and omissions (E&O) insurance, 154
  • establishing success criteria, 97–98
  • estimated income taxes, calculating and filing, 193–194
  • expenses, planning, 151–156
  • experience, as a reason for having a side hustle, 13–15
  • extrovert, 52–53

F

  • Facebook, 118
  • Facebook Live, 235
  • failure
    • managing, 58–60
    • weathering, 297
  • family situations, as a component of scheduling start of side hustles, 283–284
  • “fans,” 296–297
  • filing
    • estimated income taxes, 193–194
    • income taxes, 187–193
  • financial aspects
    • about, 141
    • adjusting side hustles due to, 307–308
    • balancing portfolio and, 237–238
    • borrowing money for funding, 158–159
    • budgets, 143–156
    • in business plans, 93
    • changes in, 267–268
    • collecting payments, 161–162
    • considerations for, 287–289
    • do's and dont's of, 142–143
    • of ending side hustles, 273
    • forecasting revenue, 143–150
    • funding, 156–161
    • gross revenue compared with net revenue, 150–151
    • outside investors for funding, 159–161
    • of partners, 250
    • partners and, 254
    • of passive income side hustles, 298–299
    • paying bills, 162
    • planning expenses, 151–156
    • for side hustles, 277–278
    • using your own money for funding, 157
  • financial emergency response plan, as a reason for having a side hustle, 18
  • financial projections, in business plans, 93
  • Fiverr, 39, 150–151, 302
  • “flat” PDF, 168
  • FlexJobs, 303
  • for cause, 214
  • forecasting revenue, 143–150
  • Form 1040 (IRS), 188–192
  • Form 1065 (IRS), 180, 191–192
  • Form 1096 (IRS), 195
  • Form 1099-MISC/-NEC (IRS), 185–187, 191, 195–196
  • Form 1120-S (IRS), 180, 189
  • Form K-1 (IRS), 180–181, 190–192
  • Form W-9 (IRS), 196–197
  • foundational documents, 164–166
  • Freelancer, 303
  • friends, borrowing money from, 158
  • fringe benefits, 289–290
  • full-time jobs, side hustles related to, 42–43
  • funding
    • about, 156–157
    • borrowing money for, 158–159
    • refining ideas for, 244
    • using your own money for, 157
  • Funding Circle, 159

G

  • gathering
    • payments, 161–162
    • teams, 242–244
  • General Electric (GE), 233
  • general partner, 126
  • generating
    • balanced side-hustle portfolios, 231–232
    • business plans, 89–94
    • craft jewelry, 66–69
    • products, 104–107
    • timelines, 78
    • travel-related lifestyle videos, 62–65
    • videos to monetize online content, 100–104
  • get-rich-quick schemes, 294
  • gig economy
    • connection between side hustles and, 18–21
    • finding gigs in, 69–71
    • recommended platforms for, 301–305
  • goals, adjusting side hustles due to better, 311–312
  • Google, 132
  • “Great Resignation,” of 2020, 19–20, 290
  • grievance committee, 227
  • gross revenue, compared with net revenue, 150–151
  • Guru, 303
  • Gusto, 162

H

  • happiness, adjusting side hustles due to better, 314
  • Harmon, Paul (author), Business Process Change, 3rd Edition, 81
  • hobby, as a reason for having a side hustle, 16–17
  • home-based side hustles, 137–138
  • hosting platforms, 31–32
  • How to be a Successful Computer Consultant (Simon), 42

I

  • icons, explained, 3–4
  • income taxes
    • about, 180
    • filing, 187–193
    • filing requirements based on legal organization, 180–181
  • incremental expenses, 155
  • industrial zone, 136
  • information, providing, 30–32
  • intellectual property, 225–226
  • interacting, with customers, 256–257
  • internal processes, 81
  • Internal Revenue Service (IRS)
    • Form 1040, 188–192
    • Form 1065, 180, 191–192
    • Form 1096, 195
    • Form 1099-MISC/-NEC, 185–187, 191, 195–196
    • Form 1120-S, 180, 189
    • Form K-1, 180–181, 190–192
    • Form W-9, 196–197
    • Schedule C (IRS Form 1040), 188–189
    • Schedule E (IRS Form 1040), 190
  • Internet resources
    • Angi, 302
    • Arizona Corporation Commission, 128
    • Astera, 168
    • Buddha Mega Menu, 116
    • Cheat Sheet, 4
    • Facebook Live, 235
    • Fiverr, 302
    • FlexJobs, 303
    • Freelancer, 303
    • Guru, 303
    • Internal Revenue Service (IRS), 174, 177, 188, 189, 190, 191
    • Investopedia, 18
    • IRS For W-9, 196
    • IRS Form 1096, 195
    • IRS Form 1099-MISC/-NEC, 196
    • MAGIC, 156
    • 99designs, 304
    • Nolo.com, 136
    • Oberlo, 116
    • Returnly, 116
    • SBA loan programs, 158
    • Shogun themes, 117
    • Shopify themes, 117
    • Side Hustle Nation, 7
    • Small Business Administration (SBA), 127
    • state filing requirements, 128
    • TaskRabbit, 304
    • Toptal, 304
    • Upsell Product Add-Ons, 116
    • Upwork, 305
    • USA Today, 7
    • Wishlist Plus, 116
    • Wondershare, 168
    • for your side hustle, 132–133
    • ZipRecruiter, 305
  • introvert, 52–53
  • inventory, selling, 272
  • investments
    • active investors, 160
    • compared with assets, 34
    • compared with passive income side hustles, 295–296
    • passive investors, 160
  • Investopedia, 18
  • IRS (Internal Revenue Service)
    • Form 1040, 188–192
    • Form 1065, 180, 191–192
    • Form 1096, 195
    • Form 1099-MISC/-NEC, 185–187, 191, 195–196
    • Form 1120-S, 180, 189
    • Form K-1, 180–181, 190–192
    • Form W-9, 196–197
    • Schedule C (IRS Form 1040), 188–189
    • Schedule E (IRS Form 1040), 190

J

  • job milestones, as a component of scheduling start of side hustles, 283
  • jock tax, 184–185
  • Johnson & Johnson, 233
  • JOVIAL, 14

K

  • key players, in business plans, 92
  • Kim, Seoyoung (author), NFTs For Dummies, 37
  • knowledge, as a reason for having a side hustle, 13–15
  • Krasniak, Michelle (author), Social Media Marketing All-in-One For Dummies, 118

L

  • launching
    • about, 111
    • backup supply chain, 117
    • marking the date, 113–114
    • pre-, 112–113
    • publicizing, 114
    • social media and, 117–118
    • sticking to the plan, 115
    • technology and, 116–117
    • three-month checkup, 120–121
    • troubleshooting, 118–120
  • Laurence, Tiana (author)
    • Blockchain For Dummies, 2nd Edition, 37
    • NFTs For Dummies, 37
  • legal issues
    • budgeting for, 154
    • for taxes, 183–187
    • for your business, 135–139
  • length, of test-drives, 99–100
  • liability insurance, 154
  • licensing
    • about, 138–139
    • expenses for, 154
    • for side hustles, 48–49
  • life span, of passive income side hustles, 299–300
  • limited liability company (LLC)
    • about, 127–128
    • IRS Form 1065 for, 180, 191–192
  • limited liability partnership (LLP), 124
  • limited partner, 126
  • location, planning, 77–78
  • lockstep income, 44
  • Lyft, 155

M

  • MAGIC, 156
  • major life disruptions, adjusting side hustles due to, 309
  • managing
    • failure, 58–60
    • success, 275–290
  • marketing, budgeting for, 154
  • market(s)
    • changes in, 260–262
    • going to, 38–42
  • marking the date, for launch, 113–114
  • materially invested, 8
  • mediation, 227
  • microcomputers, 14
  • Microsoft Office, 132, 170
  • milestones, major, in business plans, 91–92
  • mitigation, in business plans, 93–94
  • MLM (multilevel marketing organizations), 40–42
  • monetizing
    • assets, 33
    • side hustles, 43–46
    • travel-related lifestyle videos, 62–65
    • yourself, 32
  • money management
    • about, 141
    • adjusting side hustles due to, 307–308
    • balancing portfolio and, 237–238
    • borrowing money for funding, 158–159
    • budgets, 143–156
    • in business plans, 93
    • changes in, 267–268
    • collecting payments, 161–162
    • considerations for, 287–289
    • do's and dont's of, 142–143
    • of ending side hustles, 273
    • forecasting revenue, 143–150
    • funding, 156–161
    • gross revenue compared with net revenue, 150–151
    • outside investors for funding, 159–161
    • of partners, 250
    • partners and, 254
    • of passive income side hustles, 298–299
    • paying bills, 162
    • planning expenses, 151–156
    • as a reason for having a side hustle, 12
    • for side hustles, 277–278
    • using your own money for funding, 157
  • motivation, 54
  • multilevel marketing organizations (MLM), 40–42
  • multitasking, 53
  • municipal zone, 136

N

  • NDAs (nondisclosure agreements), 245
  • net revenue, compared with gross revenue, 150–151
  • network marketing companies, 40–42
  • NFTs (non-fungible tokens), 37
  • NFTs For Dummies (Laurence and Kim), 37
  • Ng, Deborah (author), Social Media Marketing All-in-One For Dummies, 118
  • 99designs, 304
  • Nolo.com, 136
  • noncompete clause, 203–204
  • nondisclosure agreements (NDAs), 245
  • non-fungible tokens (NFTs), 37

O

  • Oberlo, 116
  • office zone, 136
  • once-in-a-lifetime lending programs, borrowing money from, 159
  • online bill-paying services, 162
  • online content, creating videos to monetize, 100–104
  • online marketplaces, 39–40
  • on-the-spot credit card payments, 161
  • operating agreement, 128
  • organization
    • organization diagram, 81
    • tax filing requirements based on legal, 180–181
  • outside investors, borrowing money from, 159–161
  • outside services, budgeting for, 153
  • ownership, partners and, 250–251, 252–254

P

  • partners
    • adjusting side hustles due to better, 312–313
    • alternatives to, 250
    • benefits of bringing on, 246
    • bringing on, 246–251
    • career milestones of as a component of scheduling start of side hustles, 283
    • compensation of, 252
    • defined, 246
    • financial aspects of, 250, 254
    • joining someone else as, 251–254
    • ownership and, 250–251, 252–254
    • relationship between, 247
    • relationship with stakeholders, 247–248
    • voting and, 250–251, 253–254
    • weaknesses of, 248–249
  • partnership
    • about, 126–127
    • IRS Form 1065 for, 180
  • part-time job side hustles, 33–35
  • passion, as a reason for having a side hustle, 16–17
  • passive income
    • side hustles for, 45
    • tips for earning, 293–300
  • passive investors, 160
  • pass-through entities, 186
  • Paycheck Protection Program (PPP), 175
  • paychecks, 149–150
  • Paychex, 162
  • payments
    • of bills, 162
    • collecting, 161–162
    • employees, 162
    • reporting, 194–197
    • tracking, 194–197
  • PayPal, 161
  • PayPal Goods and Services, 162
  • Payroll Protection Program (PPP), 159
  • PDF form, 168
  • PDF scraping software, 168
  • personal situations, as a component of scheduling start of side hustles, 283–284
  • personality
    • about, 51–52
    • boredom, 60–61
    • collaborating, 56–57
    • criticism, 57
    • examples of side hustles and, 62–71
    • extrovert vs. introvert, 52–53
    • failure and, 58–60
    • motivation, 54
    • multitasking, 53
    • presenting content, 61–62
    • progression and, 55–56
    • self-starters, 53–54
  • planning
    • about, 75
    • building business plans, 89–94
    • expenses, 151–156
    • free-form brainstorming, 76–80
    • how, 78–79
    • predicting best- and worse-case scenarios, 87–89
    • risk and, 86–87
    • timelines, 78
    • transforming brainstorming into value chain, 81–86
    • what, 76
    • where, 77–78
    • who, 77
    • why, 79
  • platforms, recommended, 301–305
  • “playing defense,” as a reason for having a side hustle, 17–18
  • PPP (Paycheck Protection Program), 175
  • pre-launch, 112–113
  • premises, company, using your employers', 218–219
  • presenting content, 61–62
  • products
    • creating, 104–107
    • selling, 29–30, 104–107
  • property, budgeting for, 155–156
  • propositions, checking, 240–246
  • providing, information, 30–32
  • publicizing, launching, 114
  • pyramid scheme, 41

Q

  • qualified business income (QBI), 186
  • QuickBooks, 132, 162, 170

R

  • raw materials, budgeting for, 151–152
  • real estate
    • budgeting for, 155–156
    • record-keeping for, 175–178
  • record-keeping
    • about, 163–164, 166
    • analytics, 170–173
    • archives, 173–178
    • backup and catchup plan, 168–169
    • foundational documents, 164–166
    • official records, 166–168
    • tax documents, 164–166
    • technology for, 169–170
    • tools for, 169–170
  • registered agent, 128
  • registration, 138–139
  • relatives, borrowing money from, 158
  • Remember icon, 4
  • reporting payments made to others, 194–197
  • residential zone, 136
  • resources, Internet
    • Angi, 302
    • Arizona Corporation Commission, 128
    • Astera, 168
    • Buddha Mega Menu, 116
    • Cheat Sheet, 4
    • Facebook Live, 235
    • Fiverr, 302
    • FlexJobs, 303
    • Freelancer, 303
    • Guru, 303
    • Internal Revenue Service (IRS), 174, 177, 188, 189, 190, 191
    • Investopedia, 18
    • IRS For W-9, 196
    • IRS Form 1096, 195
    • IRS Form 1099-MISC/-NEC, 196
    • MAGIC, 156
    • 99designs, 304
    • Nolo.com, 136
    • Oberlo, 116
    • Returnly, 116
    • SBA loan programs, 158
    • Shogun themes, 117
    • Shopify themes, 117
    • Side Hustle Nation, 7
    • Small Business Administration (SBA), 127
    • state filing requirements, 128
    • TaskRabbit, 304
    • Toptal, 304
    • Upsell Product Add-Ons, 116
    • Upwork, 305
    • USA Today, 7
    • Wishlist Plus, 116
    • Wondershare, 168
    • for your side hustle, 132–133
    • ZipRecruiter, 305
  • Returnly, 116
  • revenue
    • forecasting, 143–150
    • gross compared with net, 150–151
  • rideshare insurance, 87
  • risks
    • about, 86–87
    • in business plans, 93–94

S

  • S corporation
    • about, 129–130
    • IRS Form 1120-S for, 180, 189
  • safety, budgeting for, 154
  • sales taxes, 197–198
  • Salesforce, 133
  • SBA (Small Business Administration), 127, 158
  • Schedule C (IRS Form 1040), 188–189
  • Schedule E (IRS Form 1040), 190
  • schedules
    • in business plans, 91–92
    • for side hustles, 47–48, 54
    • start of side hustles, 282–284
  • search engine optimization (SEO), 153
  • selecting
    • business name, 130–131
    • business structure, 123–130
  • self-starters, 53–54
  • selling
    • business assets, 272
    • craft jewelry, 66–69
    • inventory, 272
    • products, 29–30, 104–107
  • services, contracting to provide, 28–29
  • sharing, with teams, 244–246
  • Shogun, 117
  • Shopify, 117, 134
  • Side Hustle Nation, 7
  • side hustles. See also specific topics
    • about, 7–11
    • adding to, 229–238, 270–271
    • adjusting side hustles due to better, 310
    • adjusting strategies for, 307–314
    • connection between gig economy and, 18–21
    • ending, 259–273
    • examples of, 9–11, 62–71
    • getting started, 28–38
    • licensing for, 48–49
    • mislabeled as passive income, 295
    • monetizing, 43–46
    • options for, 23–50
    • origin of term, 11
    • passive income, 45
    • putting together, 234–238
    • reasons for having, 12–18
    • related to full-time jobs, 42–43
    • schedules for, 47–48, 54
    • shifting, 269
    • skills for, 48–49
    • streamlining, 270
    • synergistic, 230–231
    • topical areas for, 24–27, 35–38
    • types of passive income, 297–298
    • who they're for, 21–22
  • Simon, Alan (author), How to be a Successful Computer Consultant, 42
  • Singh, Shiv (author), Social Media Marketing For Dummies, 118
  • skills, for side hustles, 48–49
  • Small Business Administration (SBA), 127, 158
  • Small Business Taxes For Dummies, 3rd Edition (Tyson), 182
  • social media
    • launching and, 117–118
    • for side hustles, 134–135
  • Social Media Marketing All-in-One For Dummies (Krasniak, Zimmerman and Ng), 118
  • Social Media Marketing For Dummies (Singh and Diamond), 118
  • software
    • customer relationship management (CRM), 133
    • PDF scraping, 168
    • for taxes, 182
  • sole proprietorship, 124–126
  • spouse career milestones, as a component of scheduling start of side hustles, 283
  • stacking portfolio, 300
  • stakeholders, relationship with partners, 247–248
  • starting
    • about, 111
    • backup supply chain, 117
    • marking the date, 113–114
    • pre-, 112–113
    • publicizing, 114
    • social media and, 117–118
    • sticking to the plan, 115
    • technology and, 116–117
    • three-month checkup, 120–121
    • troubleshooting, 118–120
  • startup money, in business plans, 93
  • state filing requirements, 128
  • state taxes, 184–185, 192
  • statutory agent, 165
  • stopping side hustles, 259–273
  • storefront, for side hustles, 134
  • strategy, adjusting, 307–314
  • structure, business
    • C corporation, 124
    • choosing, 123–130
    • limited liability company (LLC), 127–128, 180, 191–192
    • limited liability partnership (LLP), 124
    • partnership, 126–127, 180
    • S corporation, 129–130, 180, 189
  • success
    • establishing criteria for, 97–98
    • managing, 275–290
  • suppliers, adjusting side hustles due to better, 310–311
  • supply chain
    • about, 255–256
    • changes in, 262–263

T

  • TaskRabbit, 304
  • Tax Cuts and Jobs Act (TCJA), 186–187
  • tax documents, 164–166
  • taxes
    • about, 179
    • accountants for, 182
    • business deductions, 183–184
    • calculating estimated, 193–194
    • city, 193
    • filing, 187–193
    • filing estimated, 193–194
    • income, 180–183
    • IRS Form 1099-MISC/-NEC, 185–187
    • jock, 184–185
    • making mistakes with, 187
    • reporting payments to others, 194–197
    • sales, 197–198
    • software for, 182
    • state, 184–185, 192
    • tracking payments to others, 194–197
  • taxpayer identification number (TIN), 196
  • TCJA (Tax Cuts and Jobs Act), 186–187
  • team
    • about, 239–240
    • bringing on partners, 246–251
    • for checking propositions, 240–246
    • dividing up workload, 257–258
    • gathering, 242–244
    • interacting with customers, 256–257
    • joining someone else as a partner, 251–254
    • sharing with, 244–246
    • supply chain, 255–256
  • Technical Stuff icon, 4
  • technology
    • budgeting for expenses with, 153
    • launching and, 116–117
    • for record-keeping, 169–170
    • for your business, 131–135
  • test-drives
    • about, 95–96
    • adjusting side hustles due to better, 313
    • establishing success criteria for, 97–98
    • examples of, 100–109
    • fun and, 98–99
    • length of, 99–100
    • questions for, 96–97
  • themes, 117
  • three-month checkup, 120–121
  • Thumbtack, 151
  • time
    • adjusting side hustles due to, 308
    • changes in availability of, 267
    • commitment of, in business plans, 91
    • needed for side hustles, 234–236
    • for side hustles, 276–277
    • using your employers', 218
  • timelines, creating, 78
  • TIN (taxpayer identification number), 196
  • Tip icon, 3
  • tools, for record-keeping, 169–170
  • tools of the trade, budgeting for, 152–153
  • topical areas, for side hustles, 24–27, 35–38
  • Toptal, 304
  • tracking payments, made to others, 194–197
  • trade name, 130
  • transaction privilege tax (TPT) license, 154, 198
  • transforming brainstorming, into value chain, 81–86
  • transportation expenses, budgeting for, 155
  • travel expenses, budgeting for, 156
  • travel-related lifestyle videos, creating and monetizing, 62–65
  • troubleshooting launching, 118–120
  • Tyson, Eric (author), Small Business Taxes For Dummies, 3rd Edition, 182

U

  • Uber, 155
  • UNIVAC, 14
  • updating value chain, 285
  • Upsell Product Add-Ons, 116
  • Upstart, 159
  • Upwork, 305
  • USA Today, 7

V

  • value chain
  • value proposition, 246
  • vehicle expenses, budgeting for, 155
  • Venmo, 161
  • Venmo for Business, 162
  • verifying
    • for conflicts, 236–237
    • propositions, 240–246
  • videos
    • creating to monetize online content, 100–104
    • using your employers' resources, 216–217
  • virtual reality (VR), 160
  • volunteer work, 13
  • voting, partners and, 250–251, 253–254

W

  • Warning icon, 4
  • websites
    • Angi, 302
    • Arizona Corporation Commission, 128
    • Astera, 168
    • Buddha Mega Menu, 116
    • Cheat Sheet, 4
    • Facebook Live, 235
    • Fiverr, 302
    • FlexJobs, 303
    • Freelancer, 303
    • Guru, 303
    • Internal Revenue Service (IRS), 174, 177, 188, 189, 190, 191
    • Investopedia, 18
    • IRS For W-9, 196
    • IRS Form 1096, 195
    • IRS Form 1099-MISC/-NEC, 196
    • MAGIC, 156
    • 99designs, 304
    • Nolo.com, 136
    • Oberlo, 116
    • Returnly, 116
    • SBA loan programs, 158
    • Shogun themes, 117
    • Shopify themes, 117
    • Side Hustle Nation, 7
    • Small Business Administration (SBA), 127
    • state filing requirements, 128
    • TaskRabbit, 304
    • Toptal, 304
    • Upsell Product Add-Ons, 116
    • Upwork, 305
    • USA Today, 7
    • Wishlist Plus, 116
    • Wondershare, 168
    • for your side hustle, 132–133
    • ZipRecruiter, 305
  • Wi-Fi networks, using your employers', 214–216
  • Wishlist Plus, 116
  • Wondershare, 168
  • workloads, dividing, 257–258

Y

  • yourself, monetizing, 32

Z

  • Zimmerman, Jan (author), Social Media Marketing All-in-One For Dummies, 118
  • ZipRecruiter, 305
  • zoning, for side hustles, 136–137
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