• Investment strategist at JP Morgan
• PhD candidate at Yale University
• Founded a $200k/year... plantain business
Here's her story:
In 2014, Rachel Laryea was a broke, vegan undergrad student at NYU.
To make living in New York more affordable, she:
• Interned at Goldman Sachs
• Worked many jobs, one as a live-in nanny
• Started saving money by cooking dishes with plantains, which were hyper-affordable
Over time, she began to develop plantain-based recipes:
• Fudge plantain brownies
• Smooth plantain ice-cream
• Plantain chocolate chip cookies
• Even a "chichinga burger," made of plantains and black beans
I just read a Reddit post on someone's $25k/year side hustle.
• The gig: Renting wedding arches
• Average revenue per job: $521
• Time commitment: ~1 hour per job
Here's how it works:
The Reddit post was made by u/jimmy2tents.
We'll just call him Jimmy.
Jimmy noticed that less than 22% of all weddings take place indoors anymore.
This meant there's a hot market for mobile marriage supplies...
So he started looking into the numbers:
• ~$2200 to purchase the tents
• Gigs were ~$500 - could be paid back after 4 installations
• The tents would last roughly 5 (fabric) to 10 (wooden frame) years