I Was Laid Off From Meta - Now My Side Hustle Brings In $145K A Year

[@CNBCMakeIt]

Do you have an interesting job or a nontraditional career path? Click the link to apply to be featured in a future episode of On The Job. forms.gle/6VduycnomynZiYSG9

[@vietpimp999]

My friend quit his $100k a year construction job to open a seafood carry out...After 1.5 year, he's about $300k in debt despite working 6 days a week open to close and cant even sell his business for $50k now. There's a reason why small business have like 75% fail rate. For every "Make it" story there's 200 that didn't.

[@donaldlyons17]

Yeah but "Make It" will never say that because it is easier to ignore all those who neve got there!!!

[@vietpimp999]

@@donaldlyons17 Exactly !!!

[@alb12345672]

Restaurant business is Brutal. Need to get super lucky,.

[@vietpimp999]

@@alb12345672 I used to think most restaurant owners are millionaires… Boy was I wrong lol.

[@FishyMango]

Why a seafood carry-out.. A restaurant like that is like 90% location and is highly competitive

[@camela8445Mar]

I’ve been thinking about turning my freelance design work into something more full-time, but it’s scary to make that leap

[@Kattyol1]

I had some basics in place, but honestly, the layoff was the real push I needed. I had to make it work, so I focused on building client relationships and scaling up. The biggest thing was realizing I couldn’t rely on one source of income.

[@Colbe-lx7fb]

I’ve been hearing a lot about layoffs in tech, and it’s making me rethink how secure my job is.

[@Colbe-lx7fb]

​@@Kattyol1did you manage all the finances on your own, or did you get help?

[@Kattyol1]

In the beginning, I did everything myself, but as the business grew, it became overwhelming. That’s when I decided to talk to a financial advisor.

[@Kattyol1]

I’d heard about Aaron Morgan Bell through a friend who also started his own business. Aaron really helped me set up a financial plan that covered both my personal finances and my business growth. It made a world of difference.

[@jerrseyy1088]

He is really in his element! Obviously loves foods and history, but his customer service and business acumen also seems very natural and seamless. Love it!

[@ultimatefoodtours]

Thanks so much @jerrseyy1088 - I’m a lucky guy!

[@tallerthanevry1]

I have to say this is one of my favorites that you guys have done in a long time. You can really see this guy is passionate about what he does. Not to mention, who doesn't love food. I've been considering moving back to Chicago from NYC and wouldn't it be awesome to have Ultimate Food Tours there. Kind of inspiring.

[@ultimatefoodtours]

Thanks for the kind words @tallerthanevry1

[@akinhwan]

key here is that he started while he was working full time

[@TongjalWN]

Brilliant observation.

[@arcticredpanda4598]

timsheet fraud epidemic

[@BenSea11]

Key here is that he didn’t go back to corporate and started a business where he has no boss

[@ultimatefoodtours]

@akinhwan Working full time while launching worked really well for me. I am happy to answer any questions you may have

[@petertwining5729]

@@TongjalWN lol

[@Jaquelines_journey]

Love that he pays the vendors/small business well & tips. He really loves what he does & knows values of people/ connections ❤️

[@ptl10]

What a cool idea! Look how happy he is. Wishing him the best!

[@ultimatefoodtours]

Thank you for the ❤!

[@garyish]

Great switch. However please note he’s working 80 hrs/week. So the 147k+ /year is more comparable to 74k+ if working a regular 40hr week. Regardless he loves his job, kudos!

[@theboringchannel2027]

add in EXPENSES to your calculations, he is GROSSING 147k, and has to pay for the food at the restaurants they eat at, so 30-40% in food expenses would be reasonable to assume.

[@garyish]

@@theboringchannel2027 that I am not sure. Does it say it’s gross or net ? I heard him say at the end that he takes 40k as his salary and invests the rest back in the business

[@davidpham9353]

@@theboringchannel2027 30-40% net profit pre tax,is still a terrible salary and its actually below miniwage if factoring overtime paid ( everything above 40h is 1.5x - 2x salary). He can make more working at mc donarld.

[@jeffk4710]

Ye and im sure meta pays 200k plus lol

[@privatesale211]

147k is the business revenue, his final net profit might be just 10% to 20% of that

[@SarahBarnes-cr8nr]

I wish this young man huge success. 🎉

[@swaggery]

39 years old

[@arishem555]

@@swaggery still young lol.

[@ultimatefoodtours]

😂😂 thanks!

[@ultimatefoodtours]

39 and feeling fine

[@ninaaraneta]

it's actually a great business idea. It's pretty unique, good luck scott!

[@ultimatefoodtours]

Thank you so much!

[@Native722]

Wow he's got supportive parents, I like that.

[@ultimatefoodtours]

They’re the real MVPs

[@MikeBourbeau]

So cool! I've been on this tour! I didn't know he was famous. Every stop was amazing! Only going on tours with Scott!

[@ultimatefoodtours]

Thank you Mike!

[@johandeger6657]

We had a tour with Scott in April. It was a high light of our NYC trip.

[@saragold6680]

Recognized him and his side hustle from an article a few months ago. Amazed to learn more about his passion and success in this video. So interesting 😄 Congrats to him 🎉

[@EleanorZeus1]

So true! Wealth has no shortcuts, here are ways to acquire it..🔥

[@EleanorZeus1]

I am fortunate I made decisions that changed my finances for the better (acquired over 1M in 2years) through my financiaI planner. Got my 2nd house in July and hoping to retire nxt yr.

[@EleanorZeus1]

Elizabeth Greenhunts get to her with the name

[@evelynscarlett1]

Good to here. Thanks

[@CassietheK]

So inspired by you! I also got laid off from a big tech company and I'm building my business. Really great to see your success!

[@jo.wanders]

He seems so genuine and passionate about what he does! Definitely inspiring to watch!

[@ultimatefoodtours]

Thanks so much! It’s amazing

[@JMilansJourney]

He is truly a natural and seems genuinely kind! I wish him all the best!

[@idareyoutolove]

As a NY lover and foodie, I had to support. Big to you brother for finding your purpose. Balance your diet 😅 Your merch is dope. I’m excited to get my tshirt and tour with y’all in the near futur🥰😎🔥 Update: Got my tshirt whoop whoop!! 🔥 it fits perfectly, 100% soft cotton mens cut and falls nicely on the waist. The graphic is fun, detailed,vibrant and smooth. Cop yours 💯

[@ingermcdowell8580]

this is great! so exciting to see this and support of local businesses!

[@ultimatefoodtours]

Thanks! Thats the best part

[@bethanycooke2115]

I am so proud of this guy! He seems to truly love what he does and I hope he has more success in the future. I hope to take his tour on my next trip in NYC.

[@ultimatefoodtours]

Thanks so much! I hope I see you too 😊

[@piknick111]

When I learned he isnt doing it all, I realized he really isnt making much at all, but he does seem to really enjoy it and fits a niche people are willing to pay for.

[@kylemaolinson9417]

Should have stayed at Meta for that 400k package.

[@dip5635]

A gluten free version of the tour would be amazing! He will double maybe triple his profit within a year because he has that hustle spirit. Lead with respect and you will earn respect. Good on him and continue to reach for the sky!

[@kenichi407]

nut free and dairy free while he's at it... will corner the whole caucasian market!

[@alidusaka175]

So he basically has to pay for the food for his clients? The the margin must be really low

[@mRGuitarShow1]

The description acknowledges that this is a full time business, so why the headline refers to his business as a side hustle? Stop with the degenerate sensationalistic headlines please.

[@ericcarson342]

I am losing interest in these CNBC Make It videos. Losing credibility over the years.

[@wahoo4uva]

4:45 because he started it as a side hustle when he had a full-time job. he was laid off from meta only a year ago.

[@mRGuitarShow1]

@@wahoo4uva The headline mentions how much he earned in May23-May24, right? This period is not when he had a "side hustle", simple logic really. How about calling Google a startup because it started as one? "From side-hustle to 147K a year", or something similar, would be more fitting and accurate.

[@l.h.tnguyen4916]

You are incorrect. It said "now", because it was a side hustle. It said nothing of it still being a side hustle; what was a side hustle is now bringing in 145k. I understood what it meant as soon as I read it. Some people are just not as bright and like to complain when every little thing isn't suited to their liking.

[@mRGuitarShow1]

@@l.h.tnguyen4916 Nope. There's nothing in the headline that denotes the "Side-hustle" status is obsolete.

[@timxu3536]

This guys mentality is so cool and refreshing! Props to him for following his dream after big tech

[@user-uo2fn4kk2t]

Very inspiring story. I wish the gentleman much success.

[@karimartin9441]

Good for him! I’m glad he found a job that fills his soul!

[@4piluchi]

Awesome idea! Very authentic experience, this is how tourism has to look like related to food, not going to the McDonald's in every country, all the same...

[@liamlee8422]

$90 per person that’s insane. I grew up in Chinatown manhattan. All these spots shown in the video are super cheap. At most, you just need $30-40.

[@tbprofile1295]

That's how he makes some profit.

[@davidpham9353]

you have no idea what revenue vs net profit is ? He only makes less than $30k working 80h+ /week, before tax.

[@liamlee8422]

@@tbprofile1295 that’s why I would never sign up for any food tour of any kind

[@yega3k]

Yeah, no need to pay him for his time since he doesn’t have to pay rent in New York City or anything like that.

[@TeresaFroster]

*Amazing video, you work for 40yrs you have $1m in your retirement, meanwhile some people are putting just $10k into trading from just few months aga and now they are multimillionaires*

[@YanaSimon754]

Talking of been successful I think I'm blessed if not I wouldn't have met someone who is as spectacular as Alvarez Harry

[@JeromiJerina]

I'm from Alberta Canada I use to take loan from my bank for survival but after I came in contact with him I'm Now a credit not a debtor anymore bought my first car last month

[@TannerBelanger-wy8yp]

It only gets better. Alvarez Harry is spreading like wildfire here in Canada 🇨🇦What i see is a Great Wonderful opportunity for life changes I think he deserves an honor

[@KimKoskinen]

+120

[@KimKoskinen]

2536

[@HighPriestessK]

I love that he is happy about what he does.

[@hazardblue567]

*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*

[@TylerRylance]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

[@ElijahWayne5]

That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?

[@chinwu5042]

People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.

[@SophiaAva327]

Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.

[@angelobonomi7227]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@ninamoua5439]

This is perfect. I’m was looking for a food tour in NYC.

[@FlyWithVeiga]

This dude is a boss, good for him 🔥

[@ultimatefoodtours]

Thanks so much!

[@swicheroo1]

The key thing is to be in a culinary capital with a large tourism base. I have a poet friend in LA, who has become a local minor celebrity doing tours (he also hosts poetry slams). And I've noticed, just this year, in my travels to countries as disparate as Vietnam and Mexico that there is a thriving business for tours--especially food tours. Those Vietnamese can make 40 bucks a person for 2-3 hours of work. Doesn't sound like a lot but, with groups, it means that they're easily making 10 times what a working class Vietnamese or Mexican can bring in.

[@aest2and114]

Great video. I really respect the creativity and hustle.

[@flywithAC2312]

I have so much respect for food tours & companies that run food tours - I did a food tour in Barcelona & another one in Bangkok a couple of months ago and both were excellent! Its the best way of meeting people in foreign cities!

[@skimann9713]

Hey soon visiting bangkok. Which foodtour did you take? And can you recommend it?:)

[@flywithAC2312]

@@skimann9713 I booked my tour off the GetYourGuide app - it was a generic China Town 15 course food tour - incredible experience!

[@nklepper]

The China Town tour was so fun! I looooove Ultimate Food Tours!

[@TNexpert]

Great business idea

[@ultimatefoodtours]

Thank you!

[@diki5743]

What a great idea. Best of luck!

[@charlesm.1638]

What a great business idea, because it benefits him as a business owner and the local businesses because of the tours he does by them gaining new customers.

[@schw0373]

On $145K/year in NYC, you can afford a 75 square foot apartment for $3,500/month. If you're lucky.

[@garyish]

On the plus (if u can call it that)… he barely has time to be in the apartment since he’s working 80hr weeks so 16 hr days if only working weekdays or almost 12 hour days if working all 7 days… so he needs the apt only for sleeping And if you watched till the end, that’s how much the business makes. He’s only paying himself 40k/year and reinvesting the rest back in the business. Not sure how he’s living. They didn’t show his budget which was disappointing

[@theboringchannel2027]

@@garyish 147k is his GROSS, not his net profit, he pays for the food at the restaurants, his promotion expenses, cc fees, web hosting, etc. Likely making less than 50k a year.

[@flakietrends]

seems like such an awesome job. i love food and would love this

[@YouKnowMyFavColor]

I work for Meta but I want to come work with you now 😅😭😁

[@TongjalWN]

😅

[@networkingjoe3635]

not for 40k 😂

[@ultimatefoodtours]

Both great places to work 😉

[@networkingjoe3635]

@@ultimatefoodtours Indeed, I ironically worked at meta too, loved the free food -- probably drank something like $40 worth of startbucks fraps a day 😆

[@ultimatefoodtours]

@@networkingjoe3635 😂😂 hello meta mate 👋

[@jonquindiagan7625]

Now that is cool! Keep up the good work.

[@boohoohoohoo]

hey dining out is not already expensive enough these days, i need to add tour costs on top of it!

[@profitbear7337]

I respect his hustle!!

[@leetirona7769]

What’s included in the $90?

[@natalieitliongfechter6073]

Next time I'm in NYC I would definitely do this

[@GamesMaester]

happy that it makes you happy. I agree with your doctor that its better for you to work on the diet.

[@unmeshrajput1444]

how come non of the tour guides stole his business idea coz he was a full time employee and any one of them could have made this a full time profession? can any one explain...

[@ProMakeupTV]

Airbnb room rentals is now illegal in nyc wonder how he is doing after that

[@M2a3i]

I love food tours!! Every city I visit I book a tour

[@infini.tesimo]

Pretty powerful to be going for a cushy job at Meta with all the perks and benefits they get while working there, and even with losing the primary source of income he could scale this little hobby of his up to be a full-fledged business and make it it that same kind of Meta money. The net plus is that he's doing something he loves more since he started it even without money as a passion project like they all typically do and here he is. Although he can't really replace himself in this business, I'm sure he loves it so much that he'll keep going until the day he dies, and that right there is something we should all aspire for since we must work to survive, not thrive.

[@ek6007]

To clarify, it's $145K REVENUE, not profit. He says he pays himself $40K a year, definitely not Meta money, and he states that he works 80 hrs per week - let that sink in. Wish him the best of luck but people should be more discerning while watching these types of videos. Some of them are a bit misleading, especially in the titles.

[@ultimatefoodtours]

It’s pretty great and thank you for your thoughtful comment

[@infini.tesimo]

@@ek6007 oh I'm very aware that's it's revenue. You don't work at Meta however for a while and not save up quite a bit and invest elsewhere. He's fine where he's at in NY.

[@bw_swe]

thats a really good idea/business. oh this guy is gonna be a millionare, easily.

[@KevinChow2]

Only 20k in savings, is that a normal net in NYC?

[@MerrilDiniz]

Sign me up for a food tour anytime! On a serious note, like how he has connected the dots between food, experiences and small businesses. Consider setting this up in India in partnership with local businesses - lots of diverse food across the country.

[@sele8235]

Such a great video!

[@fortune_roses]

Make a "food tours" *app* :D

[@LeezyLazy]

businesses that support other SMEs are great in my book

[@FoodieQueenBee]

The reason im traveling is for food n this guy idea is great.

[@armenstaubach9276]

Awesome, It’s so exciting and wish him all the best for his business

[@passionfruitpassionfruit2034]

Sounds like a fun job meeting new people exploring n y c restaurants n making money. I need a job like that

[@christieomojo]

A great idea executed well, I wonder how he could scale the idea.

[@MinsikHwang]

he'd scale his mama so don't worry

[@klt9874]

I would pay for this. Awesome idea.

[@ultimatefoodtours]

Thanks so much!

[@chelsearampersad3711]

Only a Goodfriend can take you on the ultimate food tour of New York!

[@ultimatefoodtours]

We highly recommend it 😉

[@stephencheng]

Congrats !

[@justfIy]

I’m booking you for my. Ext new year trip!

[@Nn-uh2kb]

Great, exactly what New Yorkers need. A way to pay even more for their food.

[@TheeStrawberryLee]

I LOVE THIS 💚💚💚

[@CaptainPlanet007]

$145k a year gross or net?

[@andrewz4313]

Seems like such a genuine dude with a lot of passion and knowledge about food. Would love to take this tour some day!

[@branstark3557]

Why open a business in all places New York probably the worst place and rent is horrendous..

[@factmeee]

honest work honest pay

[@roddiesimmons8773]

Great Story!

[@rubychew6535]

Sell the t-shirts.

[@justfIy]

Good vibes good aura

[@helinabrooks7461]

❤❤❤❤ *I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*

[@johnwilliam8061]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

[@JeremiahParker-]

That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?

[@berkymargin4611]

People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.

[@PalmerWoods2]

Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.

[@ConorONeil-]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@biscaynesupercars]

Where are the goofballs that always complain about the titles and don’t understand the difference between total income vs profit

[@daniellee9763]

good for him

[@raquelcastillo4954]

Nice job 👍🏽

[@tessa1871]

amazing guy!

[@ultimatefoodtours]

Thanks Tessa!!

[@Kiba114]

the funny thing is 145k is probably less than his yearly salary at meta

[@alwin6647]

But how much money did he have when he was laid off, he probably had a lot money when he lost his job

[@MommaHub1966]

Awesome 🎉❤

[@ultimatefoodtours]

Thanks you 🎉

[@AustinDoesDesign]

Dude is cool af!

[@ultimatefoodtours]

You’re cool too!

[@BrigetteWaltershield]

The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!!

[@mischa6688]

Tbh, I just want to travel to the US for the diverse donuts, steaks, etc. hahaha!

[@mandaalexiou4927]

he seems really kind-hearted and full of spirits. make me smile here :D

[@CarCustodian]

I haven't seen this video, just commenting. But anyone worth their weight in tech can make double this with their eyes closed. The thumb nail shows him smiling, but I'd be crying if I took a 100k pay cut

[@LouisRichard-ri4mu]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*

[@LouisRichard-ri4mu]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

[@RyanPatrick-ib2uv]

I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.

[@RyanPatrick-ib2uv]

You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.

[@StephanieMiller-o1h]

SHE IS ON TELEGRAMs

[@StephanieMiller-o1h]

@LauraGil52 That's it >>>>>>

[@lee420129]

We need to keep the streets safe so these ideas and restaurants can stay alive. Reincarnation is real but a restaurant founded predinosaur time are real life monuments. Learn to go back to in person eating for a more lively planet. Try to keep business talk to a minimum when trying to get to know someone new. It creates a better bonding experience. This is coming from a Texas boy with first hand experience. 🤠 Learn to use an unbiased CPA, that's where the Afterlife has an issue with. Avoiding taxes puts a huge burden on your city and country.

[@leonfinanciero]

I LOVE IT

[@michael2275]

Better off at meta...

[@andreabellini6796]

False. Working for yourself, doing what you love is the key to happiness.

[@neeshespieces]

Absolutely not!!

[@theboringchannel2027]

@@andreabellini6796 working 80 hours a week for 40k take home with no healthcare, does not sound that great.

[@h2jennings]

That is too cool!

[@ultimatefoodtours]

It really is!!

[@holland9199]

Yep😆 Just call me “GORDO” 😂

[@ChiraMoon-bt4wh]

If he's doing so great in NYC, why does he want to expand to other cities? Is 145k not enough? I'll never understand capitalism...