422: $1000 a Week Cash Flow ... from a Semi Truck?

Ever thought about buying a semi truck and renting it out? Yeah, me neither, until I came across Ericka. Apparently there's big money to be made in trucking, but like any other side hustle, there's some strategy, risk, and nuance to the business. Ericka Williams owns 12 of these giant 18-wheelers, which can generate thousands of dollars a month in profit. Ericka has gone from delivering pizzas as a side hustle to owning a painting company, to now managing an investment portfolio that includes both real estate and semi-trucks. If you're interested in real estate, there’s a parallel to consider with this business model. Trucks are assets you can acquire with leverage (meaning other people’s money), and essentially rent it out for weekly or monthly cash flow. Tune in to hear: how Ericka came across the idea of buying semi-trucks what to look for when buying your first truck the math, marketing, and mistakes to avoid in this side hustle Full Show Notes: $1000 a Week Cash Flow ... from a Semi Truck?

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The entrepreneurship podcast you can actually apply! The award-winning small business show covers creative ways to make money online and offline, including blogging, online business, freelancing, marketing, sales funnels, investing, and much more. Join 100,000+ listeners and get the business ideas and passive income strategies straight to your earbuds. No BS, just actionable tips on how to start and grow your side hustle. Hosted by Nick Loper of Side Hustle Nation.