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S2-E50: When Does Your Side Hustle Become A Distraction with Mike Garvey of Side Hustle Squad Podcast

⏱️ 33:24 🎤 Eric Triplett, Mike Garvey
AUDIO EPISODE
S2-E50: When Does Your Side Hustle Become A Distraction with Mike Garvey of Side Hustle Squad Podcast
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Chapters

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  • 0:00
    Welcome and Episode Overview
    Eric Triplett introduces the podcast, his guest Mike Garvey, and the episode's topic: side hustles and their potential to become distractions.
  • 0:46
    Side Hustle vs. Distraction
    Eric discusses his personal struggle with a side hustle (coaching business) distracting from his primary mission of building aquatic ecosystems.
  • 9:54
    Fish Passion to Business
    Eric shares his journey from a personal passion for fish to building a full-time business, which eventually led to his current side hustle of breeding fish.
  • 18:21
    When Side Hustle Becomes Business
    Eric and Mike explore the different motivations and criteria for when a side hustle transforms into a legitimate business, highlighting personal goals and commitment.
  • 23:24
    The Safety Net Debate
    They discuss how a safety net, like Mike's State Trooper job, can alleviate fear in starting a business but also potentially reduce the urgency to succeed.
  • 30:00
    Baseball Cards Side Hustle
    Eric recounts a surprising encounter with an employee who successfully runs a baseball card side hustle, contrasting it with his own failed attempt.
  • 45:32
    Hobby vs. Business
    The hosts discuss how some side hustles remain hobbies for enjoyment, while others, like a pottery business, can unexpectedly turn into profitable ventures.
  • 58:36
    Lifelong Love of Aquatics
    Eric reiterates his deep-seated passion for aquatics, which remains the core of his business and unique selling proposition.
  • 1:04:53
    Key Takeaway and Mission
    Eric concludes with his main takeaway: not every opportunity deserves lifelong commitment, and he reaffirms his commitment to the mission of connecting people with nature through water features.

Speakers

E
Eric Triplett
Host — founder of the Pond Digger WaterScape design and construction company
M
Mike Garvey
Side Hustle Squad podcast

Key Takeaways

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Evaluate if a side hustle truly aligns with your long-term goals or if it's diverting essential time, energy, and focus from your core business and mission.

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Consider the 'safety net' effect: while a stable primary job can reduce the risk of starting a side venture, it can also diminish the drive to make that venture succeed independently.

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Define what success looks like for each side hustle; for some, it's supplementary income or supporting a hobby, for others, it's a future full-time business.

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Don't be afraid to put a side hustle on hold or eliminate it if it becomes a distraction, allowing you to 'go all in' on what's truly great for your business.

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Leverage your deepest passions; Eric's lifelong love for fish became his unique selling proposition, differentiating his pond building services from competitors.

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Be open to unexpected opportunities: an employee's successful side hustle can reveal unforeseen avenues for income or a deeper understanding of market niches.

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Recognize that a side hustle can be a testing ground for business viability without the immediate pressure of full-time financial dependence.

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