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Milestone for side business

Posted on 4/23/25 at 7:44 am
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1993 posts
Posted on 4/23/25 at 7:44 am
In April, for the first time, my side gig monthly income has exceeded my full-time job income.

For transparency, I'm an engineer, work in the plants and own my consulting business on the side.

Started it in 2018. In 2022, i completed 37 projects. In 2023, I completed 39 projects, in 2024 it "exploded" to 64. Well, in 2025, I'm at 52 projects as of 4/22. No business development. No marketing. Purely word of mouth.

I think often about moving to it full-time but fear that I might hate it once I'm dependent on it
This post was edited on 4/23/25 at 7:45 am
Posted by Slickback
Deer Stand
Member since Mar 2008
27922 posts
Posted on 4/23/25 at 7:59 am to
First off, congrats…that’s badass.

Can you hire another engineer to do what you’re doing and expand it? You can run it like a side hustle but scale it up.
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1993 posts
Posted on 4/23/25 at 8:20 am to
quote:

First off, congrats…that’s badass.


Thank you

quote:

Can you hire another engineer to do what you’re doing and expand it? You can run it like a side hustle but scale it up.


I've strongly considered hiring a designer/drafter. The most time consuming thing I do that "erodes" my time value is drafting in Cad. There's some other high-level admin type stuff that a drafter could easily handle for me as well.

So, yes. I've been thinking strongly about it. Even if it takes 10-20% of my income, just the return of my time would be worth it.
This post was edited on 4/23/25 at 8:21 am
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
6421 posts
Posted on 4/23/25 at 8:41 am to
quote:

I think often about moving to it full-time but fear that I might hate it once I'm dependent on it



Dude that is killer. How is your time management? Do you feel completely overwhelmed with work 24/7? I started a side business in contracting recently on top of my full time job. When I get done with work, I'm quoting jobs, lining up material and equipment, going to meet customers etc. . . I have a business partner and he's actually running the crew and following the job to completion, but I don't know how long this is sustainable for me. Long term goal is to make this my full time gig but we're still a ways away from me being able to do that.
Posted by baldona
Florida
Member since Feb 2016
22364 posts
Posted on 4/23/25 at 8:45 am to
quote:


I've strongly considered hiring a designer/drafter. The most time consuming thing I do that "erodes" my time value is drafting in Cad. There's some other high-level admin type stuff that a drafter could easily handle for me as well.

So, yes. I've been thinking strongly about it. Even if it takes 10-20% of my income, just the return of my time would be worth it.



As a small business owner, here's a suggestion. FWIW I don't know shite about drafting or CAD. But your first employee or 2 if you aren't supervising them and have little experience with them, you want to overhire, overpay, and over supervise them. Its pivotal to your business to have your first 2-3 employees be leaders of your business.

Or else its complete time suck of your time and you end up managing people instead of your business.

If you are doing that well, you really should highly consider scaling.

Consider the price you are asking, you may consider adding 10-20% and seeing what that does.

Its very possible you increase your price to make up for paying someone else to do it, and still come out the same.
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1993 posts
Posted on 4/23/25 at 9:20 am to
quote:

How is your time management? Do you feel completely overwhelmed with work 24/7?


At times I suppose. But honestly not due to the side business. It's been fairly manageable, and I enjoy it when I'm doing it. It's being married to the Plant that gets more stressful at times.

quote:

Long term goal is to make this my full time gig but we're still a ways away from me being able to do that

Awesome!! Sounds like a great goal. Best of luck.
Posted by Brobocop
Baton Rouge, LA
Member since Feb 2018
1993 posts
Posted on 4/23/25 at 9:24 am to
quote:


Consider the price you are asking, you may consider adding 10-20% and seeing what that does.

Its very possible you increase your price to make up for paying someone else to do it, and still come out the same.


I actually had this thought last night. Maybe the increase is volume is telling me I'm not charging enough! My fees have been pretty consistent within the last 5 years.

ETA: However, I'm fairly in tune to industry, and I'm not significantly cheaper, although certainly cheaper because of lack of overhead.
This post was edited on 4/23/25 at 9:41 am
Posted by CheesyF
Member since May 2017
441 posts
Posted on 4/23/25 at 10:19 am to
Wonder if a site like Upwork would be good to find a part time freelancer
Posted by theOG
Member since Feb 2010
10671 posts
Posted on 4/23/25 at 5:52 pm to
quote:

The most time consuming thing I do that "erodes" my time value is drafting in Cad.


Hire an Indian!
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
144258 posts
Posted on 4/24/25 at 1:45 am to
quote:

I started a side business in contracting recently on top of my full time job. When I get done with work, I'm quoting jobs, lining up material and equipment, going to meet customers etc. .
same….


I’m only 18 months in, but I need to find a long term strategy where I can eventually go all in and dump my 9-5. I feel I don’t have enough free time to dedicate to get my side business to that point. Having 3 kids under 5yo doesn’t help. So it’s hard to dedicate weekends.


Has to be a good feeling to cross that milestone.
Posted by Artificial Ignorance
Member since Feb 2025
272 posts
Posted on 4/24/25 at 8:36 am to
Congrats! Love to hear success stories like this.
Posted by Yeti_Chaser
Member since Nov 2017
9609 posts
Posted on 4/24/25 at 2:47 pm to
How much time do you spend on your side gig while at your plant job?
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