# The Four Kinds of Side Hustles - Justin Mares Synced: [[2023_12_09]] 3:04 PM Last Highlighted: [[2023_12_09]]  ## Highlights [[2023_12_09]] [View Highlight](https://read.readwise.io/read/01hh70v9syp6vnd0dxqg7srsm8) > [Side hustles](https://every.to/c/side-hustles) can grow and evolve, but to work they need to have a few traits. They need to: > • Solve a problem someone is already aware of > • NOT require a lot of maintenance or hand-holding > • Have a no-brainer path to profitability [[2023_12_09]] [View Highlight](https://read.readwise.io/read/01hh70vpe58v8xkzy2cahm64m5) > In my experience, there are 4 ways to build a successful side hustle: > 1. Buy an existing asset > 2. Launch a product on a marketplace with existing demand > 3. Launch a unique, one of a kind product in a new space where you can buy demand (Adwords, Facebook, etc.) > 4. Arbitrage (Craigslist, Airbnb, trading, Uber