Why Side Hustles will Keep you Poor

From the allure of quick cash to the promise of financial freedom, side hustles have become a popular trend in today's gig economy. But are they really the key to prosperity, or could they be leading you down a path of perpetual financial struggle? In this video we challenge the conventional wisdom surrounding side gigs and reveal the hidden pitfalls that could be sabotaging your financial future.
Join us on a journey of discovery as we uncover the harsh realities behind the side hustle hype. Delve deep into the cultural, societal, and psychological factors that often trap individuals in a cycle of financial instability despite their best efforts. Whether you're considering starting a side hustle or already knee-deep in multiple gigs, this video will provide valuable insights and alternative perspectives to help you make informed decisions about your financial journey. Don't miss out on this thought-provoking exploration - your path to financial clarity awaits! #SideHustleReality #FinancialTraps #WealthBuildingWisdom #MoneyMindsetShift #FinancialWellness #ProsperityMindset
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*DISCLAIMER* The suggestions, advice, and/or opinions that are given by Sam Kwak and Daniel Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold The Kwak Brothers and its brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based on experience.

[@WritingCareerCoach]

This is excellent. 2 visions =division. This goes double when you have kids. If you have kids don't take on a ton of side hussles. My biggest regret.

[@TheKwakBrothers]

Bingo!! 😁 One vision = heightened creativity and focus = more revenue

[@theraptureisnearbelieveinj448]

Thank God for side hustles!They’ve always provided what I needed at the time, either for myself, or others.

[@TheKwakBrothers]

Why not build something that you never have to pick up other things "at the time" to provide for and you others?

[@theraptureisnearbelieveinj448]

@@TheKwakBrothers That would be nice, but financing something like that would be cost prohibitive for me. You need money to make money, imho. When you think about how many ideas could have been born if money wasn’t an issue…it’s a tragic thought. 😢

[@scottjohnson921]

Ive had a half dozen side hustles in the last 15 years. Right now its reselling on eBay and I'm making enough to pay all my daily living expenses each month. I love it, and I'm good at it. Oh and BTW, i change my own toilets. My main business is managing all my rental units. My side hustles are in my free time.

[@BradHarkes]

Great stuff guys! This video should have way more views. All of your videos (no matter the topic) have been top notch! Thanks for this video. I have a situation where I'm trying to make my side hustle the main biz and match the income of my 9-5, but I'm not quite there yet. So, I've been holding onto my 9-5 job but feel I'm at the point where I could make a much bigger return with my business if I could get that time back. Only thing is there's no garauntee's with my business, especially in today's uncertain economy.

[@DaveVergato]

Your side hustle is making KZbin videos. Maybe you shouldn’t be recommending people stop their side hustle until you do.

[@TheKwakBrothers]

😂 No... Our main business is financial services. As an owner of a financial services and education company, there's nothing "side" about talking about finances as a KZbin channel.

[@LisaHarmonyfire]

Side hustle? 5-10 grand??? I don't even make that at my main job! 😕

[@truenorth2977]

Thanks for your honesty around the businesses you've started. Glad you guys are still doing the channel, though.

[@TheKwakBrothers]

Our pleasure! 😄

[@bri4498]

Ive said this before, but this channel is clearly shadow banned. No idea if there's a way to go around that.. but might as well make a new, not shadow banned youtube channel? And make a post on all your socials telling your audience about the new channel and why.. and maybe your views will go back up again?

[@TheKwakBrothers]

...we literally did...and it's...the first video on our channel page... It's marked as an 'Important Announcement' and twice we made a post about it.

[@swanginfleet]

Im early on a channel i dont think i have ever watched lol

[@TheKwakBrothers]

That's awesome. Glad we are reaching new people! Thanks!

[@leonseva4980]

NIV Bible. Proverbs 3:9-10 [9]Honor the Lord with your wealth, with the firstfruits of all your crops; [10]then your barns will be filled to overflowing, and your vats will brim over with new wine. NIV Bible. Proverbs 13:11 [11]Dishonest money dwindles away, but whoever gathers money little by little makes it grow.

[@happyhermit476]

Things like this why i stopped watching this channel. Any hobby or talent can be a good side hustle that can combat the rise in inflation and may turn out to be a thriving business. This guy is just making a ridiculous generalization. So should we just give up and stay a work slave?

[@HopeEternal777]

So why are you watching If you say you stopped ?

[@WritingCareerCoach]

Clearly you did not watch this video. Your comment shows that.

[@TheKwakBrothers]

People who comment without watching is what keeps us making videos 😂

[@WritingCareerCoach]

😁@@TheKwakBrothers