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December 7th, 2023

589: How a Simple Idea Turned Into a $50k a Month Side Hustle

  1. 589: How a Simple Idea Turned Into a $50k a Month Side Hustle Nick Loper of Side Hustle Nation 44:39

Lou Rice was breastfeeding her son Archie one night when disaster struck—she dropped her Kindle on his head!

While that experience was upsetting for both of them at the moment, it sparked an idea for Lou and her husband Ben to create a solution.

Ben fashioned a silicone strap with staples to attach Lou’s Kindle to her hand and prevent any future dropping incidents.

Lou tested it out over the next month and absolutely loved having the grip and Security of the strap for comfortable one-handed reading during those long middle-of-the-night feeds.

And thus, their side hustle, strapsicle.com was born—a company now generating over $50k a month selling their innovative Kindle straps. Not only that, but Strapsicle is on pace for its first-ever 6 figures after recently going viral on TikTok and Instagram.

Tune in to Episode 589 of The Side Hustle Show to learn:

  • How an accident sparked a successful product idea
  • Why micro-influencers were key for visibility
  • How early demand was validated before production
  • How diversified sales channels have inherent strengths

Full Show Notes: 589: How a Simple Idea Turned Into a $50k a Month Side Hustle

New to the Show? Get your personalized Money-making playlist here!

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Nick Loper Chief Side Hustler

Nick Loper helps people earn money outside of their day job. He's an author, online entrepreneur, and host of the award-winning Side Hustle Show podcast, which features new part-time business ideas each week. As Chief Side Hustler at SideHustleNation.com, he loves deconstructing the tactics and strategies behind building extra income streams.